this post was submitted on 07 Nov 2024
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[–] [email protected] 6 points 43 minutes ago

Most people on this planet are dumb as shit. More at 11

[–] [email protected] 17 points 2 hours ago (1 children)

Wow, the turn around time on that was fast.

[–] [email protected] 10 points 1 hour ago (1 children)

Life under Trump in 2024 will be orders of magnitude worse than life under him in 2016. It won't take long for Americans to begin to feel strong consequences of the election result.

[–] [email protected] 3 points 42 minutes ago

I guess I forgot some people knew what to expect from a second Trump term and would plan accordingly. It would have been nice if this guy had sat these people down and had this talk before the election.

[–] [email protected] 4 points 2 hours ago

I grew up in SWPA. Absolutely the most small minded place I've ever been. F that place

[–] [email protected] 24 points 4 hours ago (2 children)

Guise, I'm struggling. Part of me says...let them all burn for their "fuck around and find out".

But I know that isn't completely right. I just, am, so, angry (and sad).

Will probably choose the let them burn route.

[–] [email protected] 6 points 52 minutes ago (1 children)

On the other hand, there’s nothing you can do anyway, so the only option is to let them burn.

[–] [email protected] 5 points 30 minutes ago

You. I like you.

[–] [email protected] 5 points 1 hour ago

The anger stems from their ignorance.

"Fuck around and find out" is literally the only way to learn in "basal" levels of intelligence.

[–] [email protected] 2 points 1 hour ago
[–] [email protected] 33 points 5 hours ago (3 children)

I mean the whole point is paying a tariff so American companies make the goods instead for less.

But if paying Chinese poverty wages and tariffs is still less than paying Americans to do it, then guess what they're going to do?

[–] [email protected] 8 points 2 hours ago

Global trade drove the cost of supplies and goods down to the lowest available prices, so while setting tariffs may encourage local production because it makes overseas less attractive, the price of goods still goes up on both scenarios.

If moved locally, there will be more local labor required for production but it's not clear if that is a net benefit.

Hypothetically under globalism more developed countries shed their "dirty manufacturing labor jobs" and move more people upmarket. Of course this is matter of nonstop debate among economists because as we all know the whole population of a country can't move upmarket together and a lot of people were/are screwed because of lack of education and opportunity to develop themselves.

In an ideal implemention of this, more people would be moving to the arts, self expression, and technology, while fewer are involved in survival activities like shelter and food.

I think the unsolved problem now is that average people believe way too much of that wealth went to the top while the middle class is working harder than ever and getting less.

[–] [email protected] 0 points 43 minutes ago

Raise the tariffs?

[–] [email protected] 21 points 5 hours ago (1 children)

It's also dumb to just assume that foreign companies can just flip a switch and start building/assembling whatever they sell in America. You need facilities, you need to hire employees, you need to train employees. You can't just pick up your factory, drop it in Kansas, and just slot people into the building to work it right away.

[–] [email protected] 13 points 4 hours ago* (last edited 4 hours ago)

Also, unless your plan is to exclusively export to the US, then it's less cost effective to open up new facilities in the US. You just raise prices and and have the consumers take the hit for the tariff. There's also the problem of logistics for raw materials for whatever products your manufacturing. Those also tend to cost more to acquire stateside.

The worst part is that policy is only a single bullet in the policy foot gun Trump has loaded. It gets even more expensive when the low cost labor is suddenly deported and/or put in camps. Which I realize isn't even the worst thing about the immigration policy, but just pointing out that it too has consequences to these same people.

[–] [email protected] 61 points 7 hours ago (3 children)

I don't know if this post is true or not. However, a lot of people don't know history, civics, & economics. (This is the result of the Reagan & Bushes dismantling of the education system.) I've told a lot of people to look up the Smoot-Hawley Tariff Act of 1930 and the impact it had on our and the global economy. Tariffs will start a trade war. That's what happened to our farmers the last time Trump was in office. He ended up having to bail out farmers which cost more than the tariff brought into the government. The Chinese simply bought their soy beans from other countries instead of paying for ours. There were a lot of farmers that lost their farms then.

[–] [email protected] 33 points 6 hours ago (1 children)

I have been told many times to feel bad for those farmers, that they aren't idiots, etc.

I thought I ran of fucks for them but a few more just flew out like butterflies from a dusty chest.

I hope ever single one that put up those massive Trump signs loses their family farms to big corporations.

[–] [email protected] 17 points 4 hours ago

We need fewer corporate farms, which are dirty as fuck now let alone after they gut the USDA. I hope that they lose their family farm to two gay dudes from Vermont who got really into organic gardening and decided to cash in their b&b for corgis to start growing high quality produce right here in America's heartland.

[–] [email protected] 26 points 7 hours ago

I'm sure the corporate farmers were happy to buy up that land and cut the trump admin a nice check for the convenience.

[–] [email protected] 5 points 5 hours ago (1 children)

Anyone? Anyone? Raised or lowered? Anyone? Anyone know what this is?

https://www.youtube.com/watch?v=uhiCFdWeQfA

[–] [email protected] 3 points 4 hours ago

OMFG!!! LMFAO🤣🤣🤣🤣🤣 I totally forgot about that. Great memory and response!!! Line of the day!

[–] [email protected] 72 points 8 hours ago (1 children)

To be honest, this kind of feels to me like the boss was just looking for an excuse to not have to pay workers.

[–] [email protected] 74 points 7 hours ago

I mean, he got it and it's actually a good one. Uncertain finances tend to cut into bonuses of all types.

[–] [email protected] 150 points 9 hours ago (9 children)

They all thought the foreign company paid the tariff.

This is probably what Trump thinks, too. I can easily believe he is that stupid.

I'm also wondering just what the fuck Trump and co. are going to do with all the money obtained from these tariffs. Just, like, spend it all on hookers and blow or what? Remember how you all believed this was the party of "low taxes?" Yeah, guess what a tariff is, fuckers.

[–] [email protected] 7 points 5 hours ago

When it's returned to the feds it's just destroyed. Federal return is just the return of debt, it's not more money.

[–] [email protected] 49 points 8 hours ago (1 children)

This is probably what Trump thinks, too.

100%. If he isn't reading it from a script that someone else wrote, he knows nothing about the topics he's talking about.

He even boasts about "knowing more than anyone about XYZ", yet, it can't expand on the subject, can't answer questions about it, is vague, and reminds me of how really bad LLMs answer questions.

[–] [email protected] 46 points 8 hours ago (4 children)

I found some additional articles on what he said about this, and he did indeed flat out say he expects the "other countries" to pay the tariffs. For instance, this.

A sweeping tariff policy will kill two birds with one stone, Trump says: It could find a new source of revenue for the U.S. government, which could offset losses from lowering or eliminating certain forms of income tax, while extracting money from rival governments.

That's not how tariffs have worked at any point in history.

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[–] [email protected] 17 points 6 hours ago

2025, Chinese year of the Leopard

[–] [email protected] 61 points 9 hours ago* (last edited 9 hours ago) (3 children)

The truly enraging thing about the voters who said they voted for trump due to economic concerns is HOW IN THE GODDAMNED FUCK do they think he's going to fix anything? To the extent that a president can change the cost of living, among the worst ideas is probably to fucking add fees to imports. This is his one idea and yet no one can explain to him the extremely simple negative effect that it would have on consumers.

This absolute fucking dope had one terrible idea for helping lower prices (which will certainly raise them) and the voters lapped it up without thinking. America is full of morons.

[–] [email protected] 44 points 7 hours ago

Studies generally show the economy does better under Democrats than Republicans, in measurements of CPI, GDP, job growth, and unemployment. Republicans however have a massive propaganda machine that has gaslit the country in believing the opposite. Frequently this is backed by short term plays that make things "feel" better but cause significant long term problems. Like a CEO firing the QA team, line goes up this quarter and by the time the consequences arrive they're gone and blame the next guy.

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