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Touting the great depression time period as a good economy is certainly a way to make your case
(lemmy.ml)
this post was submitted on 06 Oct 2024
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There's a new batch of Trump signs that have appeared in the last couple of weeks which I call the "TRUMP GOOD / KAMALA BAD" signs. They are targeted at the unimaginably simple, with stuff like "TRUMP LOW TAXES / KAMALA HIGH TAXES" and "TRUMP SECURE BORDER / KAMALA OPEN BORDER". My favorite is the one that says "TRUMP LOW PRICES / KAMALA HIGH PRICES" which counts on the total ignorance of basic economics on the part of Trumpers - tariffs raise prices.
These signs are almost as amusing as the "TRUMP: UNIFYING THE COUNTRY" billboards. I don't know who the fuck those are aimed at.
Pretty sure "unify" is a dogwhistle for "turn into fascism".
Unify by force. Fall in line or die.
Tariffs raise prices and wages.
They raise wages if you have domestic producers ready to step in to replace the tariffed goods and if those companies pass on some of their new profits to their employees. US companies don't exactly have a good track record of that.
Having more jobs raises wages through competition for workers. Markets don’t require generosity of heart in order to serve people.
How’d you reach that conclusion? Tariffs aren’t exactly a new concept so you surely can point me to a concrete example from the past several hundred years across several hundred countries right?