frigidweirdo
Diamond Member
- Mar 7, 2014
- 50,572
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The tariffs haven't been in long enough for real income statistics to have come out.How come real income has increased then?
I've got up to March. Real Personal Income
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The tariffs haven't been in long enough for real income statistics to have come out.How come real income has increased then?
Tariffs aren't going to impact the way you believe it will, watch and see.The tariffs haven't been in long enough for real income statistics to have come out.
I've got up to March. Real Personal Income
Tariffs aren't going to impact the way you believe it will, watch and see.
Time to decouple from China and return critical manufacturing to America. Canada is near insolvency since our economy and system is stuck in the 1800s, do you want to follow our path to a Police State?
The price of socks and pencils may increase.Tariffs always impact the way I believe they will. It's simple math. When you make things more expensive for the people who pay the largest percentage of their wage on things, then people buy less, which means companies make less, which means everyone loses.
Problem is manufacturing is that it's a low wage job. That's why manufacturing is done in low wage countries. China is decoupling itself. It doesn't want to be reliant on the US when it invades Taiwan. But then China is getting richer. It'll produce more high tech stuff. Manufacturing is moving to countries like Vietnam anyway.
The only way for the US to be a viable manufacturing hub is either if it does high tech, like Germany, or the poor get way poorer. I think Trump seems intent on the latter.
The price of socks and pencils may increase.
If tariffs didn't serve a national purpose than the EU, India and China wouldn't employ them in healthy doses.
You can no longer continue to fund your enemy.Yes, they will increase, and who spends the biggest percentage of their wage on such things? The poor.
And the EU, Indian and China do so for a reason.
The EU negotiates to be in a strong position. However it does try and negotiate for a lot of things to be tariff free. It depends.
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Take China, they cheat and subsidize products, so you need a certain amount of tariffs.
Sometimes you want to protect certain products, like dairy I think is the product with the highest tariffs.
However Trump isn't doing this. He's slapping tariffs almost randomly without even understand why he's doing it.
You can no longer continue to fund your enemy.
I wish Americans would show as much concern for the 100s of thousands of young Americans poisoned each year by fentanyl funded by your enemy. It's disgusting what's been allowed to occur, but hey, look away, look, Wall Street is unhappy with tariffs!