This New Change Will Affect Every Household in America - And It's Coming in Two Weeks!
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- Опубліковано 18 вер 2024
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its all negative every time but i like this man lol
I think he's cute, but not in a gay way.
"The world will end by the end of this video!!!" Steve VanMeter. lol
200 years ago the usa was supported by tariffs…not income tax
Income tax is illegal
If I recall those tariffs created the "Boston Tea Party" revolt...
tariffs are taxes
@@sunshinegirl1217 That's true....if companies insist on manufacturing overseas. The usual outcome is that they move back to the US and provide jobs here. Will things cost a little more? Sure. But I don't know about you, but I'm tired of buying Chinese on Amazon, no matter how convenient it is. I think AI and robotics pose a bigger fly in the ointment, at least until we adapt, which every nation will need to do.
Consumers, not suppliers pay for tariffs. Tariffs just cause suppliers to raise prices to pay for those tariffs. Tariffs are always a bad idea if you're the little guy.
I think we should make our own stuff, so we are not left stranded. It is like when you take care of your own kids, you know for sure they are safe and well taken care of. If you have to trust someone else to feed your kids and keep them safe, the quality of care would most likely be compromised.
You are right. So tell us what business are you going to start making 'stuff' so you can employ thousands of workers? If I understand your analogy, in creating your business, you can't rely on the government or anyone else or the quality of your 'stuff' will be compromised.
@mandrews1245 That's not what I meant. I remember what America was like before we sent all our manufacturing to other countries, including enemies, and we had plenty of jobs, and food to actually give away. If I could run a business,I know it would be productive because I care about people and would want to help them. I believe they the deep state did this on purpose so we have no economy. You know it's pretty bad when they pick on Amish farmers.
Sounds nice to make our own stuff, but we threw that away lonnnnng ago. Now we are all surviving on extremely low prices due to foreign slave labor, and we sorta like it this way. We're never going back to quality first, worry about the price later. We'd all be homeless if we did that. Dude, we threw it all away already. It's over. We are now between a rock and a hard place, as predicted, as planned. Tinkering now is not going to solve Jack Squat and there will be blowback as two can play this game, the tariff game. Whatever we export, which produces American jobs, just wait, it will get blown back by retribution.
@zeppelinmexicano I don't think it was expensive when I was growing up, even with locally grown food. The first time I voted it was for Ronald Reagan. He cut taxes in CA and CA flourished. CA used to produce 20 percent of the world's produce I believe. If the government, who don't seem to govern anything, since they are constantly attacking us, would take their foot off our necks, I have no doubt Americans could fix it themselves. You need good people to lead a good country, and we don't have good people in charge. In fact, We might be facing judgment from the Almighty, but, as for me, I will keep doing good while I can.
Why does everybody think more government agencies, and departments, and involvmemt is an amswer.??????
no one thinks that except bureaucrats.
Democrats
They think that because they’re either 1) dumb or 2) they are communists. There’s nothing else. Sorry if you are learning things about the people in your life that are close, that you’d rather not have known as in an inconvenient truth.
We all have to go through this. Eventually you break away from the dumbys and communists if they refuse to educate themselves and/or change for the good and for free market capitalism principles.
It’s the only way to freedom and liberty.
Because big daddy Uncle Sam said so !! It didn’t start yesterday… where have u been last 50 yrs !!
The bureaucratic tinkering is going to backfire, like every other tinkering operation they attempt. I suppose some results are going to be unexpected, are seen as back-stabbing, and will lead to being stabbed in our own backs. This is the absolute worst thing to happen to a global economy. You got beaten. Admit it. Take the blame you richly deserve for the imbalances you created for decades. Har, like that will ever happen!
200 years ago the usa was supported by tariffs…not income tax We do not need to pay INCOME TAX FIRE the IRS!!! Raise Tariffs Drill for OIL !~~~
Fracking is impacting water quality andxcausing earthquakes. NM is pulling back fracking along the se border with Texas in the western Permian basin.
And….only property owners could vote……interesting concept…….
FYI, if you have a central bank you must have an income tax, therefore you must have the IRS. Our taxes are a major cog in the money creation machine of a centralized fiat debt based monetary system. We have to end the Federal Reserve to end the income tax. We have to relax legal tender laws to do that.
Want wage growth? We need more manufacturing jobs. Want more manufacturing jobs? Have to be able to make it cheaper here than overseas. How do you do that? Tariffs. I am absolutely, 100%, for tariffs to protect American jobs and Americans safety from cheap, crappy products.
Sounds good in theory, but unless we can replace all of the parts and materials needed to make everything, then you'll Have to import most of those items from . . . You guessed it! CHINA!
Absolutely
Have you heard of unions? They drive the price up. Then, the companies go overseas.
But we currently have 0 manufacturing capability to offset
@@kneedshiner3 Ok so we just surrender the global economy to people who want us to compete with slaves? It's delusional. Americans can take care of themselves.
What the vast number of Americans do not realize is that the price gouging is occurring in the U.S., not in China when it comes to goods imported from China. Retailers in the U.S. such as Walmart are buying for instance ironing boards from China for $1.29 each and then turning around and selling them for $29.99. This is why the members of the Walton family are all each mega-billionaires (their combined wealth exceeds $340 billion). And when it comes to tariffs, the more that are put in place on Chinese goods, the more plants that China erects just across our border in Mexico. It is a losing battle. Look at how Chinese EVs are flooding into Mexico, which is a harbinger of how these Chinese vehicles will all end up being built in huge plants in Mexico to be exported into the U.S. and then subsequently put all U.S. automakers out of business by 2030.
no one is going to buy those EV's. LOOK at the MAJOR car companies changing their stance on producing EV's.
that's not price gouging lol
@@Dodger29 -- Yes, they are changing but American's won't be able to afford them. EV's cost on average $50,000 in USA, but lower if gov't gives subsidies. American's living in China say they can buy a basic EV commuter car for $4,000. Luxury is around $15,000. How are US/UK/EU major car companies able to compete? They still can't built a battery the same quality as China, let alone at a similar price.
@@DanC2352 If Walmart marking up imported Chinese goods 3000 to 4000 percent isn't price gouging I don't know what is, lol
@@AbcDef-iq4no so there's no shipping? labor? other. costs involved? it's called capitalism, if you don't want to pay that price go elsewhere or make a better product
I only took Econ 101. Tariffs notwithstanding, who can even afford the cheap crap from overseas if you are barely getting by...
Plenty of people shop at Walmart. 80%+ of the goods they sell are from China. China manufacturers 'cheap crap' because that is what Americans wanted to buy. China had a for a few years "trade mark" products of luxury and superior goods. But the disposable American market rejected them. But now China is making good products at cheap costs. That is making US/EU/UK fearful of their reduced living standards and low pay jobs which will likely be the future.
25 years ago I bought 2 sets of sheets. I wash my sheets every week alternating their use. Now more than 2 decades later, I'm still using the same sheets. And every night I feel I'm slipping into silk sheets of the finest cotton. Not a mark or stain on them. Because of their quality stains just washes right out. Certainly I paid more for them, but quality lasts and is cheaper in the end. Don't blame China for suppying Americans the goods they want to buy coupled with US leaders who spend money on military bases and wars rather than research and development of new products and processes which create higher paying jobs.
Exactamente! We are barely getting by even with cheap prices and now we're going to purposely make sure we pay more for everything, but especially cars. This would be comical if it were not live and death for so many Americans living in cars or tents.
@@mandrews1245I hate Walmart I would rather go pillaging at Junk Junkies and yes that's it's name for quality built second hand and vintage than Walmart. Like Wallmart they have a little bit of everything the people that own it are awesome lol😂😂😂
make made in USA by American Citizens the rule ,not the exception!
If you really believe that, then just stop shopping at Walmart and ordering from Amazon. Problem solved. Now wait to see what happens to your ability to obtain products and your standard of living...
making it harder and harder to make it in the usa is not going to help getting it made in the usa
@@mandrews1245 what?
I wonder what would happen if they raise tariffs AND lower personal income taxes.
thats the best comment yet!
what would happen?
@@augusthallmann96 that’s how America was primarily funded prior to income taxes. Let’s just start reversing the process.
What would happen? USA would have fewer and fewer trading partners. Thus food, pharmaceutical and household goods would be in short supply. USA has too much debt to be able to fund all the start up manufacturing which would be needed to keep up the supply and still be able to transport the goods to markets. It worked in the past, because USA was developing and spending their money on productive jobs. Now, USA has allowed those plants to decay and are relying on offshore companies to mfg. the goods at a cheaper cost.
Right now personal income taxes, don't cover the costs for education, social security promises, medicare/medicade, and infrastructure. That and other reasons are why there is so much debt. Leaders keep promising more, and they have no money, so they borrow from other nations, to keep up the American standard of living. Tariffs penalize buyers. Lower income taxes will currently result in lower standard of living. The debt has to be paid off. The US needs to make major cuts to government and put that money into research, development and new products for home and exports which will create new jobs. If they don't, we can expect a decade or two of increasing inflation.
Die Dose noch ein wenig die Straße runter kicken. Eine wirtschaftliche Depression ist unvermeidlich. Entscheidungen helfen nicht immer.
Neither Trump or Harris are going to solve our problems
Absolutely agree.
You meant SAVE amerika from its inevitable collapse .
That ain't no lie
Neither has the power to fix Jack Squat but one is much better at promising he will. The other one isn't smart enough to even promise it, so we know who will project the most dependability. Problem is that it's probably 90% bullshit to get elected.
@@KentWood-d4s There’s no way for you truly know that.
The car companies put millions of dollars into EV production. Just think if they put that money into better gas mileage and performance. So it's their own mismanagememt
Too right💯
I was one of 88,000 Motorola who lost there in 2000. It went to China. Why are you worried about their job loses. Keep good paying jobs here
This is why MArk Cuban sided with the one that laughs all the time.... He made billions off cheap china labor then calls the ones supporting American manufacturing names.. lol I sure hope I have never bought anything from this clown
Corporations move to where profits (shareholder value) increase. Worker wages and health and safety measures make products too expensive for Americans and trading partners to buy. Jobs can only stay in USA if they improve productivity. USA plants and infrastructure are old and not maintained. It is too expensive to make most of those repairs. US needs to develop products where they are inventors, not manufacturers. More than 3/4 of the world population are able to do manufacturing jobs. The future jobs for USA must be research, development and invention.... Thus the education system must change to enable more students to excel and be able to afford to graduate with STEM degrees. Otherwise Americans will become a workforce of minimum paid employees with low living standards.
@@mandrews1245 you mean you aren't impressed with Biden creating all those part time burger jobs? We are so full of shit as a nation that it's way too late to start relying on education and innovation. Our kids are ranked extremely low in education and now focus more on gender and race than math or English. Science? Hahaha, you mean like how CO2 is a poison killing everybody while nobody notices greenhouses pumping CO2 to make their plants grow? We are so far from reality now that there is only one outcome left.
@@mandrews1245all due respect bullshit. We can compete and if we keep letting all of these illegal immigrants in we will absolutely need to go back to manufacturing so that they can earn a living and feed themselves.
There is no such thing as inflation for those that make the laws and the top 10% wow isn’t that great and I know everybody is happy everyone have a good evening. Keep the faith.
I've been warned hundreds of thousands of times, and nothing changes. I've often said being poor wouldn't be so bad if a guy had a little money once in awhile.
Well the Global North may find it is their time to be poor. Wonder if you will feel it isn't so bad in 3 years from now?
Tarries always hurt the issuing country the most. Costs are passed on to the consumer.
We are all going down NEEEOWWW
All I heard was meow. 😂
You have been warned ⚠️ 😂
He's talking about raising tariffs while lowering taxes. He's trying to make US based business competitive.
Steve, Didn’t President Trump also include an agreement that if China purchased a certain amount from the US that the tariffs would be less?
It doesn't matter. He's a felon and can't be trusted anyway. Besides, he'll never win 🏆 reelection. 😳
The problem with that, is America has fewer and fewer products China wants to buy. If tariffs reduce the amount of sales of Chinese goods, (because of increasing costs to American buyers) then China will look for another country to export their goods too. So it won't matter if the tariffs are less... China could drastically reduce products they send to USA. No matter what way you cut it, tariffs are not good.
I'm fine with tariffs, 1/2 to reduce our income tax and 1/2 to reduce the debt. Tariffs will make US made products more price competitive, and a reduced capital gains tax will help to bring companies to the US.
I have been watching videos about the Chinese electric cars, and it is an ON STOPPABLE FORCE! They are inexpensive, reliable, long range, and quality!! The Americans , the Japanese, and almost all others are toast. Its real. I drive a RAM Rebel 1500 full sized pickup truck. I've seen them, they are far and away less expensive, 1,000 mile range, better everything.
New US made vehicles are outrageously expensive. I would like to see more inexpensive 3 wheel (enclosed) vehicles for sale, with any engine type. Two wheels at front. One wheel at rear.
Tariffs are a tool,but at the end of the day, it's a tax on the people of America.
wrong. it discourages demand .
Understand that tariffs increase prices. But, in most cases they protect American jobs. If our workers don't have a job, they can't afford anything, tariffs or not. I would be more in favor of protecting American jobs. I am with Larry, keep good paying jobs here in America.
It's a knee jerk reaction to "make American jobs" as their wages will suffer even more with the price inflation from tariffs. The other thing NOBODY is talking about is the blowback from this by BRICS nations sick of America bullying them with sanctions and tariffs. Believe me, two can play this ugly game, and when the blowback comes, it will screw people like you and me. Millions of people are already facing unaffordability and what comes after tariffs will be what? It's going to be a bloodbath. Look at the FL condo owners screaming to sell and nobody is buying. This is bad. The thing I think about is how few Americans even want EVs any more so I'm not sure that tariffs on them does much to create jobs. What would create jobs is to go back to a quality model for creating the best pickups and cars available - like ICE vehicles. EVs are a loser and that means lost jobs. This whole thing of tariffs on EVs is going to turn out to be rearranging deck chairs while Shelly Winters drowns tow decks down. Believe me, we are already going down.
Probably one of the best things the government could do to help American jobs is to stop destroying American jobs by getting involved in American jobs in America and stick to the tariffs and dealing with foreign Nations for collecting the taxes they need can you imagine if the government can only collect taxes off of tariffs! And then you could really imagine all the people living in harmony.
This and get rid of property taxes and maybe implement at most a flat sales tax. Make the government beholden to the people, incentivize property ownership, trade, and equal treatment of the richest and poorest people.
Lowering redundant regulations and taxes for manufacturing would help. They should link tax breaks for every US citizen they employ.
Put a tariff on this show Meow!
Consumers pay for tariffs via higher prices. Tariffs are always a horrible idea.
iF US manufacturers cannot compete using US labor, the manufacturer should move to a country that has cheaper labor. Sad, but it's the way of competition. Artificial raising the price of imported products through tariffs. will cause retaliation tariffs as a trade war. All will probably loose. The US will have to accept a lower standard of living. The hard truth.
Excellent explanation of how we are developing in the fourth turning....
Tariffs are expected to make American producers lower their prices. That will lower stock prices.
There will be less obese people.
This generation has to be forced to stop spending credit as money.
There is no way to avoid this.
Just as Paul Volcker took action, someone has to take action.
Let all the sport stadiums close. 4KM
WOW!!! AM REALLY SCARED!
I think everyone is beyond words at this point. All we’re waiting for is that snapping sound that accompanies all failures…
High Tariff = High Price = Low/No Sales = Low Wages = No Business = Low Taxes
You are absolutely right!
Oh, the W word (wages). Is that a fly in my soup, waiter? No that's a roach. Happy dining.
no it allows us companies to compete
I don’t know if you’re reading a script but the name numerous adjectives used truly gets in the way of your message.
PLEASE, learn the value of “Brevity of Speech “!
Mrs. Harris. How will you improve our current economic problems?
Harris - "First of all I grew up in a Middle Class Family and my Mom and Dad are Immigrants."
Yes, but Mrs. Harris...
Harris - "Excuse me. I'm speaking."
Tariffs makes sense if they set the exchange rate. Access to the US market is a privledge not a right.
Tariff should protect domestic industry; our industry went overseas because of increased domestic costs. Costs such as EPA, unemployment compensation, healthcare, paid time off etc. do not exist/limited overseas. It's not simply $/hr.
Trump was far ahead of Biden-Harris on getting tough with China
He just threatened sanctions against any country trying to move away from using the dollar, no wonder everyone wants to dedollarize. Yes, he is brilliant alright.🤣
@@paulbunyon6324 ridiculous assertion
And just like thousands of sanctions and tariffs on Russia, they have worked against the Global North. Russia went and found new buyers for the products they were exporting to EU. Then EU had to find new suppliers. They did, but the supply is not reliable and costs 7 x's more than Russian goods. Tariffs seldom work the way you thought they would.
Tarrifs are taxes on those who purchase those products. Not the country producing the items. If you don't want the products, simply ban them.
Well if USA did that, then Americans would be sitting, nude on the street curb. Most of their products are imported and thus if they are banned, then there is nothing to buy. USA has no money to start manufacturing all the products and supply all the food necessary. And the USA needs to pay off their debt... So if you don't trade where are you going to get the money to pay those nations which loaned US the money?
wrong
I support tariffs. I understand what that means but if we ain't willing to take some pain now, what will come will be worse.
Tariffs are punishment and protection by definition. The Chinese are dumping EVs all over the world. There’s plenty of information that shows they have been stockpiling EVs for over a year.. (See China Fact Checkers for info and video). The US public isn’t buying EVs. All the majors have either curtailed or quit making them - including Tesla. So where’s the harm to US purchasers. If the loss of a cheap, dangerous and ineffectual Chinese EV is a major pain, I suspect the Feds will get a phone call.
JOB SECURITY, IN THESE UNITED STATES, IS DEAD !!!🇺🇲🇺🇲🇺🇲
Boeing Aerospace is rumored on planning major layoffs now 😢
My $90,000.00 a year salary may have been good several years ago...
That salary isnt worth what it used to be anymore. 😢
I know of people with that salary, and they are cutting spending A WHOLE LOT - IM ONE OF THEM BECAUSE WE NO LONGER BELIEVE IN JOB SECURITY ANYMORE.
Oh... I know of 90 close friends of the family who lost their jobs in the tech industry within the last six months, and they still havent found a job yet. And they are nervous theyll never get a job that will restore their faith in the American Middle Class
Yeah, the American Economy Sucks
I think if they raised tariffs in China, it would not matter much in prices of US goods, but it would raise Chinese made goods kinda like the dollar tree almost going to business. They’re stock dropping 30% this month. Most things in that store is $1.25 if people can’t afford $1.25 for things then it wouldn’t matter if it’s $1.40 or dollar 50 they can’t afford it.
Difficult subject, less trade around the world has multiple effects. Even though one would think getting things made in America would help, the transition from made over there to made over here will be slow and painful. The pain will be a long recession. Then the National Debt issue: how do you service it while tax revenues fall! Other nations will raise their tariffs and buy less from the US . A little history may help here: SMOTT-HARLEY TARIFFS from 1930 and the lesser known: FORDNEY-McCUMBER TARIFFS OF 1922. Do you remember what followed these? THE GREAT DEPRESSION! Oh yah, it's different this time!!!!!!
Oh Steve, Don't make me stop my car And count to ten!
I live in Nevada. The increase on tariffs can spur companies to go through the big pain of getting permission to mine necessary materials, particularly rare earth metals, for battery production.
Raising tariffs is only a bad thing if you don’t lower or eliminate income taxes
You can do that, and it will keep (for a while) the current financial situation... How are you going to pay off the debt?
Gold mining is gonna blow up
Tariffs help bring about the Great Depression in 1929.
Tariffs are tinkering and always fail in the long run. Who thinks of the long run though? They are only thinking of looking good for the November horse race.
Tariffs and bans on countries that are hostile to the US and place tariffs and bans on the US (or subsidize exports and dump on markets as maliciously advantageous) are warrented.
Now a country that out-competes us is hostile to us? When we out-competed them they didn't call us hostile, they called us "good" at what we did. The Chinese are simply better than us at producing goods at affordable prices. That being said, they suck for using slave labor to do it, but so does Elon to mine his lithium in Africa. China is not the only one willing to sell its soul for a buck.
Where do you find the stops on CTA Timer Pro?
With tariffs implemented US-based companies gain profitability, offer higher wages, gain greater market share as tariffs make us competitive as it drives up the retail price of foreign products.
TARIFFS AND THE FACT THAT THE FED IS DRIVING THE MONEY SUPPLY ABOVE $ 21 TRILLION AND CLIMBING RAPIDLY WILL EASILY CAUSE ANOTHER WAVE OF OUT RIGHT INFLATION..!!!
This is the #1 show for fear porn. I love it, I can't wait for the holidays.
Tariffs are a good thing, but not when a bully is forcing somebody to use the dollar. And the bully is the United States of america. Tariffs or a good thing to encourage Manufacturing in the United States of america. Tariffs are a better way to collect taxes from the American people instead of taking it directly from their check. Give the American people all of their money that they work for with no deductions. And let them pay their taxes through tariffs and other taxes on Goods to discourage them from buying stuff from overseas. If you don't understand this. Do some research on this. and think about it. Do you really want taxes coming out of your check every week or two weeks. Or would you rather pay taxes voluntarily by buying goods and services that you want to buy. Think about it. These people in Washington DC have no brains. So they are not thinking in your best interest . they are screwing you.
Nice background Steven
Thanks Steve❤️
We are being cut by a double edge sword. I agree with tariffs to increase long term domestic production but we also need to protect domestic R&D advancements. There should severe penalties for Corp's. that allow intellectual advancements be shared with any foreign power. Especially China. A benefit of Corp's. is the ability to fund large R&D projects. Something smaller company's cannot afford. But large Corp's have significant drawbacks as well... excessive power, greed, greed and more greed... shareholders, greed... which you cannot regulate or control!
Steven, you are so good at seeing things from the working person's perspective. We need people like you in public administration! 💯
Get out Meow! 🤣🤣🤣🤣🤣
Springfield chant.
The way to counter depression is open the new branch of engineering, Implosion technology. Utilizing imploding water we can open a whole New Branch of engineering while the byproduct is PURE Water! Ask me for more information!
Really we’re almost in a recession 🙄
When the US began its Nationhood 1776 tariffs paid off the war debt and created capital for the new Govt average tax rate was 2%. What changed? Democrats and the Fed Reserve was created and it's been downhill for the middle class ever since
Tariffs cause the what is being targeted to drop in price, it's the right move
I prefer luxury tax. Of course, citizens must have a say in what constitutes luxury. The government is too corrupt to be trusted.
We've been in a recession for over 2 years just because they changed the definition of what a recession is we've already had negative GDP growth steadily
I believe the majority of Americans is waiting for the next round of helicopter money!
Perfect, Kamala please explain. People are spending because our government spent too much and inflation happened reducing savings.
Is it no more toilet paper?😂
How about making our own stuff within the US?
For us paid subscribers please do a video that explains your back testing and how to use the information. It is kinda confusing. Thanks
It just depends what you put tariffs on and how much.
It doesn't matter tariffs are still a tax. Maybe one Americans will pay, but tariffs are still a tax on the buyer.
more tariffs on those that don't play by the rules and have a unfair advantage.
Perfect backdrop SteveO
You won't pay higher prices if you don't purchase those things from China.
I think tariffs will help keep tax burdens lower for consumers even thoughbprices will gonup tax burdens will go up but when tax burdens go up they never go down but prices can. This is an opinion
Tariffs = Stagflation?
Tarrif yourself.. the great tarrif will earn much revenue for the gov.. us exports will be subject to tariff as well
Tariffs just aimed at electric vehicles is not a good idea. Tariffs should be equal for everything. Not just one specific product to protect the corrupt automobile manufacturing industry. I hope you see what I'm saying. Tariffs should be the same percentage on everything from anywhere in the world. I hope you understand what I'm saying. If you buy a watermelon from Mexico it should be the same amount of tariff as if you would buy a electric vehicle from china. Otherwise you're just discriminating against different countries for different reasons. It should all be equal percentage for all products. I don't see why people don't understand this. And this would be a better alternative to the income tax that's taken directly from your check right now. Think about it. Wouldn't you rather decide where your taxes go instead of letting the government forcefully take it from your check every week or two. Stop letting the government force you to do things. The government is evil. They don't have your interests in mind.
I'm glad Biden is going to build everything we can to buy American . Especially to make self-reliant . I always try to buy American. TARIFFS are bad
Give me more choice of EV
You’ve been saying “5 days”. “1 week”. “4 days!” Forever bud
Tariffs make a product cost more to the consumer. Us. If we can make the same product at the same price, then it makes sense. But boasting about punishing China with a tariff is doing us no good. We can pay more for an identical product made in the USA, but if we pay more just to brag about producing it, what good does that do for the everyday consumer here. We just pay more. It may create jobs, but the consumer is subsidizing those jobs by paying extra money that we didn't pay when we bought it from China.
💯100% Tariffs sound about good to me--get that manufacturing HERE in USA. 💯
tariffs only pop up when the fractional reserve debt money system is in shrink mode and money is vanishing from existence as debt gets paid back or defaulted on. they breed distrust between people and screw up supply lines making it harder to make money. now in the crypto age we should be able to have a system where 60-70% of money is like digital gold and non-fractional reserve. and the rest could be speculatory money where you only get paid if you crease something of value that solves a problem. now we have people creating trillions of dollars out of thin air by taking out loans in a boom period and then they disappear in a bust period as the exponential expansion shrinks exponentially.
In a market where the government continually sticks it's nose into it's affairs... tariffs create opportunity for local company's to compete with foreign goods.
I’m here for the eyebrows and negativity.
How about telling us where to hedge rather than talking CPI?
No I do not think tariffs will help. If we had a flourishing industrial system it might make some sense. But we have no industry and import almost everything. It is the opposite of how we were pre WWII.
We are trying to get rid of the bad habit of buying cheap Chinese imports (that don't last, like cheap unbrellas)...so tariffs will help. #45 is dangerous and not to be trusted. Steve, get with the democracy program...you're only encouraging the GOP 2025. Cars aren't selling...so EV's aren't really an issue. This gives the automakers time to ramp up their ev quality and reduce their prices. Notice even Musk is trying to put a cheaper American-made ev for Main Street.
10 days, 2 weeks, 7 days, 48 hours.
Tariff might go up but all items are going down in price in China
LONG STEVIE WONDER! The markets are gonna rip on Monday … you say crash
Wow 2 weeks? Not 24 hrs 😂
Tariffs are a stupid idea and will contribute to inflation as well as inspire retaliatory negative actions
American hate is on the rise, dominance globally is in decline. Had it too good for too long. Best to get out now.
Us econ on life support
Tariffs are bad, income tax is much, much worse. I will gladly trade paying higher prices for imported goods if income taxes are eliminated. REPEAL the 16th amendment! Fire the FEDERAL RESERVE. Return to sound money.
tariffs good. Trump did it during his term. Could not see any affect back then.
Vote Blue America 🇺🇸