Is it surprising that the people who thought Mexico would pay for a border wall also don’t understand how tariffs work?
What’s to explain? You got lied to by a liar who says he never lies, and you believed him.
It’s like complaining that you didn’t realize the Leopard you elected would have spots, when he’s ALWAYS had spots.
This is 39% of the voting population folks…
Big sad. :(
Do your research.
Apparently it’s difficult to grasp that price increases when thing get more expensive.
But why? Is it because of Biden? Please don’t explain it to me.
It’s because of Hunter Biden’s laptop
The catch is that the ones who don’t understand always, ALWAYS think it’s the other country that pays the tariff. Every time.
Well, that’s exactly what Trump said would happen, so why would they think otherwise?
The dumb thing is that it doesn’t matter who pays the tariff, it still will get passed to the consumer. Consider a scenario where the government starts taxing Amazon $100 per order no matter what’s in it. If you buy a $10 item on Amazon, how are they going to pay the $100 tax on that? Amazon will just add a $100 tax fee to your order because they can’t keep running a business if that cost isn’t baked into the final price. It doesn’t matter who actually delivers money to the government, the tax gets paid by all parties involved.
FYI, sales tax is already done this way. Sales tax is collected from businesses, not customers, but customers still pay sales tax because that’s just how economics works.
Right, you and I get that, my point is that the people who are confused why their tariff-impacted goods cost more don’t get that. They think the other country pays it, full stop.
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I specifically chose a fee that was higher than the actual cost so dumbasses wouldn’t nitpick about greed and profits and yet you still somehow did it, so I’ll take the bait- please explain to me how a business can operate selling an item at $10 when they have $100 in guaranteed costs? Do you understand that this means they lose at least $90 on every transaction at that price? I get that companies are greedy and skim more off the top but this is pure idiocy to make this argument in this hypothetical.
Even if that’s true the price would still increase. The exporting country would just charge extra to make up the difference. It’s not like they would just absorb the extra cost by pure goodwill for the oh so poor American people.
You all are snowflakes but please explain this to me without triggering me
This is MY safe space and you can’t come in!
Your president is an idiot that is why your being charged more MAGAt.
You’re no longer his friend
And nothing of value was lost.
I would be short and concise, and just for this person add a sprinkle of personal responsibility:
Trump taxed you because you bought something un-American.
The extension:-
This costs more because you have to pay off Trump as it contains something un-American.
They STILL don’t get it? Everyone has been yelling about exactly what would happen. The news, social media, people protesting in the streets… even Fox News is critical of the Tariffs now. Journalists are bringing it up at White House press conferences and getting reaponses from the Press Secretary. This is not a secret. What sort of social bubble/echo chamber, do these people live in? Just fully bought in to the kool-aid. Useful idiots, the lot of them!
They have been conditioned to believe that the mainstream media is evil and constantly lies to them in order to facilitate the woke communist takeover and destruction of the USA.
So it would be an understatement to say they are working from a position of willful ignorance.
People are incredibly stupid.
I think this is the right answer. I really don’t want to believe this is true, but I think it is.
I really don’t want it to be the answer either… But as I get older it’s the only thing that makes sense. And honestly I don’t think it’s limited to party lines (which has me rethinking some of my beliefs - what’s the point of supporting the party that aims for a social safety net if they’re too feckless to ever make it happen).
Social bubbles/echo chambers is exactly what has created this. Why did Musk buy X and Trump created his own social media?
Because Musk accidentally made an offer for Twitter and because Trump needed to take foreign bribes?
Now, why was Musk able to get the Saudis and others to help him bankroll that purchase?
The Saudi’s liked the idea of being able to censor and/or dox people who are anti-Saudi. I think they got their money’s worth tbh…
So they have leverage over him
These kind of people get all their news from FreedomEagle on facebook or some angry guy with a red face and oakleys on youtube because mainstream news is woke dei
@kryptonianCodeMonkey @TheBat Very difficult for a cult member to deprogram themselves
Sorry, Copium is produced mostly in china, im gonna have to hit you with a tarriff surcharge
Also comes from Russian or North Korea!
Russia certainly produces it in lathe amounts but they mostly need it for domestic consumption these days. The Norks, though. They DGAF whether their slaves are coping so you might get some from there.
Don’t worry, that’s just a can of bleach and ammonia mixed together. An alt-right mouth told them real copium is a conspiracy and they should use home made copium instead. The mouth sells these kits you see…
See, the trick is that calling it a tariff hides the fact it’s an IMPORT TAX, paid by the people within the IMPORTING COUNTRY
Since it’s a tax, the party paying the tax has no impact on its tax incidence. It’s just the result of supply and demand elasticity.
It doesn’t hide it from most people, just those too dumb to go and find out what a tariff is before voting for them.
just those too dumb to go and find out what a tariff is before voting for them
Of which there are more than 70 million in this country.
Probably closer to 200 million. Americans are deeply stupid about this kind of thing, and I suspect most people on the left didn’t really understand either until they were told how Trump’s plan was insane.
If an entire cult is too fucking stupid to recognize what’s hurting them, then how the fuck could tariffs be MAGA’s death knell like some people are saying? You could literally douse some of these people in gasoline and tell them, ‘I need you to burn for just a couple seconds for Trump,’ and they’d fucking do it.
I saw some asshole in an interview saying, “Sometimes you gotta walk through the fire first.”
Like…Yeah? Maybe. Just don’t start by lighting yourself the fuck on fire. 😕🔫
tariffs can and will be the death knell if he comes back to those original rates.
No real effects from tariffs have happened yet across the board so the impact isn’t truely felt. Even chinese imports don’t have the tariffs yet because it’s only goods that were on boats after it took effect.
We won’t see the downstream impact of even 10% tariffs for months. It won’t be until sales slump that people start getting fired and then sales will get even worse…
There have already been plenty of real effects from HitlerPig’s tariffs, just not the financial ones. This latest tariff scam, the third one in three months, has eroded the confidence, respect, and trust of the entire world, and it will be YEARS before it returns, if ever.
Yes, but it takes time for people here to realize the effects of that.
Less travel to the US? Well we’ll start seeing layoffs in holiday destinations… but probably not that hard, yet. As things continue to decline and prices increase it will get worse, and worse, and worse.
Most of this stuff takes time to ramp up is my point. We still haven’t seen the effects of deporting hundreds of thousands to millions of immigrants in legal status before being arbitrarily revoked, and that will absolutely cause some major issues in all kinds of places. They were paying tens of billions of dollars in taxes per year based on 2022 data and getting no benefits from it. Even the immigration process is not free, you pay for all the workers who touch your case with all the fees involved. I know, my wife is living that. We’re not talking about our lawyer either, literally the filing fees paid to the US.
People were all ‘Dave portnoy is talking about losing money!’’ Yeah well, if you look into it, he still 100% supports Trump.
Why is it always my president or not my president with these people? It’s not a sporting event, there are teams but not the ones they’re thinking of
Its right up there with the bumper stickers I saw that said “I want MY country back!”
Guess the race, gender and age of the driver of that car - Bonus points to guess the type and design on the cap they were wearing.
I once saw a “I want our continent back” bumper sticker, Native Americans have the best shit posts. Also I fully support this idea just help me kill the English aristocrats, oligarchs, and dissolve the UK and we’ll have a deal.
I was in grad school for Anthropology and one of our Archaeology profs had a “Reunite Gondwanaland” bumper sticker on his car. One day we were stopped at a red light and a guy in a lifted truck pulled up next to us and yelled “yo man fuck Gondwanaland!”
Not gonna lie that’s fucken hilarious, I hope that dude knew damned well what Gondwanaland was but alas I doubt they did.
Politics is football teams for them. It doesn’t matter what is being done, it’s about who is doing it.
They believed that Obama would try to become a dictator because they assume that others think the same way they do. The goal is for your team to dominate and win, and you assume that the other team is playing the same way. Big part of why “every accusation is a projection.”
Yup. And they think it’s R v D aka The Left. Reality is it’s Obscenely rich v. the rest of us. They’re just pawns on the rich side
In this case its his president because he thinks trump thinks and cares about him. Cause trump is a racist bigot.
Trump has said that other countries are ripping off the USA which creates the impression that foreign companies are selling goods far higher than they are worth. That means that people who believe Trump likely think that the foreign companies have enough margin to soak up the tariff, I.e. Pay it themselves, in order to keep doing business. Then the ripping off stops and those foreign countries just grumble that their gravy train is over.
In reality, they are not and never were ripping off the USA in the way that is being suggested. Republicans seem to have forgotten that the market forces they used to talk about being so important have put a downward pressure on prices to some extent have prevented price gouging wherever there is competition and no collusion. Even when the goods come from overseas.
Now due to the tariffs, the cost of doing business with the USA went up. So if they want to keep selling products in the USA, they need to cover the cost of the tariff, and the only way to do that and stay in business is to pass the tariff on by increasing their price to the customer. They can still sell that product outside the USA at its original price but they may choose to increase those due to reduced volume sold over all since the USA will likely buy less.
By labelling the surcharge for the tariff they are simply highlighting the reason for the increase in price. As they should. I fear though that posts like this show that even when the reason for increased pricing is made clear, people will still choose their reality and not believe or understand the causes and motivations.
The cost doesn’t increase to the foreign company. The cost increases to the importer here in the USA. The foreign companies don’t see that money (the IRS cannot audit China lol we have no jurisdiction over other sovereign nations), it’s paid by Americans TO America.
Also where the fuck is the tariff money going. Never a single mention of that.
A few pockets here and there.
Governments are slightly weird, financially. For most people and businesses, money is analogous to water. For governments, with a fiat currency, they create and destroy it.
Money is “created” when the government “spends”. It then flows through the system. Eventually, it is “destroyed” when it is taxed. The goal isn’t to keep the amount of currency the same, but to control the “pressure” in the system. Too much pressure (money) causes inflation. Too little causes financial issues.
So in short, tariffs either go to the government coffers, or get destroyed, depending on how you look at the system.
It’s been 15 years and I’m still not sure if MMT is an accurate description of Economics, a persuasive analogy, or convincing bunkum.
What’s annoying and nobody seems to grasp is that even if the tax was on the foreign producer instead of the domestic consumer, the end result would be the same thing. They wouldn’t just eat the cost lol.
This becomes so obvious when the tariff is over 100%. The supplier is obviously not paying 125% of the sale price in taxes.
