Someone make this make sense to me. If imported parts and cars are subject to a tariff. How does that increase the cost of American goods outside of corporate greed?
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So basically government price fixing. Isn't USA supposed to be the pillar of libertarian capitalism?
So basically government price fixing.
Not even. He's not doing anything to prevent prices from going up. He's just whining at businesses for refusing to cut their margins to fund his government.
Isn’t USA supposed to be the pillar of libertarian capitalism?
It's funny. There's a couple of think thanks - the Fraiser Institute, the Hoover Institute, in collaboration with the CATO Institute - that are constantly putting out papers saying how America hasn't gone Libertarian Capitalist enough. Historically, the two places in the world they consider "Most Libertarian" have been Hong Kong and Singapore.
However, over the last decade, they've been forced to delist both of these locations as Chinese business investment flooded in and American financial interests were shoved out. So now their new favorite spots are Switzerland, New Zealand, Luxembourger, and Ireland. Incidentally, these institutes are filling up with White Nationalists and other ultra-orthodox Christian Conservatives who refuse to acknowledge any country with brown people in it might have civil or economic liberties. The current issue of their annual newsletter blames a great deal of this shift on pandemic response and subsequent economic relief during the downturn. But there's plenty of ink spilled denouncing any country that's breaking away from the MAGA mindset, particularly Canada, China, and Mexico.
As our relationships with the BRICS and the various Latin American, African, and Southeast Asian states have deteriorated, our ability to recognize them as free and liberal have decayed alongside them. And the criticisms internally ebb and flow with the state of domestic politics - Obama ushering in a low-watermark for American liberty, for instance.
Funny story.
A while back someone posed a question online. They wanted to know why all Socialist countries fail? I answered that they don't; look at Canada. They told me that I was a fool, because the Heritage Foundation had showed that Canada was freer than the USA. I asked why we shouldn't have Canadian style health care? They never got back to me.
Reminded because of the folks you cited.
Cool little story and all, but Canada is the furthest thing away from socialist.
Socialism is not when the government does stuff. And the more stuff it does, it doesn’t get more socialist. Even if it does A LOT of stuff, it still won’t be communism.
Socialism/communism is the method and path through which the working class will liberate itself. It’s the death of classes and class struggle through the dictatorship of the proletariat.
You know, I really don't care how you define the system as long as it works.
I have been people argue about 'socialism' vs. 'social democracy' vs 'communism' since I was in grade school and none of it has done a drop of good for anyone whatsoever.
While people on the Left are wasting time arguing, the people on the Right are voting. They are the ones who keep winning because they keep their eyes on the prize.
Donald Trump is literally throwing people in jail for speaking out, and expanding the Gaza genocide right now, and you're focusing on how I define 'socialism.
Trading through coercion.
Extortion.
Aka the mafia .... backed by muscle and violence
Do as we say ... or you're going to have some trouble with your knees ... you don't want trouble with your knees do you? .... wouldn't want to have an accident with your knees
Is that.. is that a portrait of Reagan on the wall behind him? The man has no concept of irony..
It feels so gross upvoting a picture and quote from Reagan.
Agreed. But this is a stopped clock situation, and the sentiment is not wrong.
Truth is truth, no matter the source.
you're upvoting an even worse than Reagan meme
I'm starting to think that this guy might not understand how economies work.
But he had the best bankruptcies, beautiful bankruptcies, everbody said say, many woman said "no more bankruptcies, they are too great", believe me!
Don’t raise prices ! Just sell at a loss ! How hard could it be ?
Not sure what we should expect when the advice is coming from a "businessman" who's art of the deal has been to bankrupt 6 or 7 businesses...
unions support the move as a job creator
... until manufacturers go bankrupt
unions
Article only says the UAW, which has more retired members than it does active, and a pathetically small percentage of the active automotive workforce.
I’m not super well versed in “healthy union demographics”, but a quick wikipedia perusal says the three largest US unions (National education association, service employee international union, and the american federation of state, county, and municipal employees) have between 2-15% retirees.
Something tells me the UAW is just led by chuds but what do I know?
I thought that couldn't be true, but yeah, you're right. Over 400,000 active members and more than 580,000 retired members. Odd.
UAW also represents DoD workers, which has a lot of (retired) veterans on it's roster. I don't know if that's skewing the numbers but something to consider.
Tariffs for Canada and Mexico would only be beneficial for automotive manufactures if A) American manufacturers were not heavily invested in and leveraging factories in Canada and Mexico and B) Canada and/or Mexico had any major auto manufacturers of their own competing with American brands. Neither of those is true. They MAY divest from Canadian or Mexican factories as a result and reinvest in domestic factories. BUT they are going to take big losses for that divesture AND be paying tariffs every time their parts ship between their factories across the borders right now. Their costs are going to go up and Americans will have to pay for the difference there.
Yeah, good luck with that. He has lost what little business sense he had
He's a dementia riddled old man who shits in diapers. What do you expect?
Keep this up and we might even get to see America starting a state-run car company. This'll be great to watch. 🍿
So, now when the automotive manufacturers inevitably raise their prices, he can point and whine “but I told them not to, see it’s their fault”. And the foaming masses will blindly follow the pied piper off the cliff, further into fascism. I hate how fucking predictable this is becoming. It’s like a terrible abc sitcom. Only it’s scary real life.
The man simply does not know what a tariff is, and is doing this because otherwise Putin releases the tapes. Its simple
If I were him I'd just let Putin release the damn tapes, since it seems impossible that anything could actually damage his image with his rabid followers anyway.
But that'd require one functioning brain cell, and if he had that we probably wouldn't be in this position now to begin with.
If the tapes existed they wouldn't phase him, he has already weathered more shameful charges/realizations against him with no loss in the mania driving his sycophants. He was promised to be given enough wealth to finally prove himself to his dead father.
he has already weathered more shameful charges
If the tapes exist, you don't know their contents, so there's no way you can truthfully say that.
The mind boggles at what could beat what's already been outed, best not to think into that too deeply, I suppose.
I know at least Subaru has already sent out emails to dealerships to expect prices to increase in April. If you're currently looking into purchasing a new car, better do it sooner rather than later.