I’m of average intelligence so if I can understand it, so can they.

It’s not that complicated that when a company with thin margins has to pay a tax, they have to pay it on to consumers.

Your finance department doesn’t care about the difference between a more expensive part due to scarcity vs a more expensive part due to a tax.

Half of it is built out of unicorn dust and human imagination.

Economics is applied psychology at scale hiding behind the idea of math and using “businesses” and “markets” to depersonalize their findings and play pretend at describing natural laws. All it’s really describing is the behavior of people, and a wildly nonrepresentative subset of people at that.

For extra sad - what is economical is more intuitive bcs it’s not just a human skill, it’s a skill nature forces all species into in one way or the other.
‘Economics’ (the human science) however adds so many extra steps, scales, and logistics that is def not immediately intuitive (even in the simple cases when it is).

In both cases there is a certain element of future uncertainty so risk management is essential.

A lot of them think that the country with the tarrifs levied against them needs to pay the country they are exporting to to sell the goods there like a “If you want to do business here” tax on the country exporting.

But in all honesty even if it did work that way, the exporting country would just jack the prices up to cover it. The end result for US citizens would be the same.

Ignorance is not an excuse. Fire all MAGAs for taxifs.

Fox News got around that by claiming they’re entertainment, not news.

I get what you’re saying but you’re reinforcing the belief that other countries are paying the tariffs. They’re not paying anything. A tariff is a direct tax on anyone importing products into the country.

Yeah, whenever people say “the other country pays” (well, before this election cycle) what they meant was that the higher price would encourage shoppers to buy domestic this the other country “pays” because they get less revenue. Prices would go up either way though because of the domestic goods were cheaper they would’ve already been the first pick. The thing about taxes is that it doesn’t really matter if it’s placed on the supply or demand side, the end effect is the same. Sure, it will feel different and there might be different short term effects, but it’s the same regardless. The price is higher and government gets a cut.

So I don’t really understand why people believe that even if the foreign country/company was paying the tariff why people would think prices stay the same. As if other countries are just going to get a 25% fee and not increase prices by ~25% to cover that.

Did you read the post? It sounds like they explained it thoroughly to them prior to the tariffs going into effect and it went in one ear and out the other.

Man, I wonder how basic reading comprehension played a role in the last election.

Read again - it was two different people he was talking about. It’s implied that they have different job positions so their hours were impacted differently.

Orrr… ya missed the “another one of our guys” part

It’s a dead industry to an economy that doesn’t need it anymore. The same way you don’t kill your chicken, produce your own oil, make your own shoes, shoelaces, clothes…etc. That’s how the imbalance of economies work.

What you don’t understand is that Trump knows this, and he cultivated both hope AND fear in enough people to get him into office. His end goal is to force you into buying dumb shit that is made better elsewhere because him and his cronies can’t sell it elsewhere for profit, and they own all of it. He’s literally trying to force you into paying money to people who own dead resources.

Trump is the guy walking up to you on the street asking you to buy the watches he just “found in a dumpster”. I’m sorry you had to find out this way.

I can tell you! It’s just not a quick, easy, single bill that we can pass. It takes a fundamental change in the way Americans think, it’s gonna take at least 2 generations to make this move.

Here’s the plan: we’re gonna promote cooperation. We’re gonna get people to notice the systematic problems in the way they are treated by their authorities. We need to aggressively be better than our enemies, both in practice and knowledge.

Here’s the method: (Essay ahead).

We need to disrupt almost every single system that currently exists. They’re basically all fucked. Start with the ones that get the most people motivated - their basic needs first, entertainment second, their wellbeing third. That feels wrong and it is, we need 2 generations to fix this because we’ve been beat down by this system so bad the priorities aren’t even correct anymore. I’ve been using this tagline recently “People in homes, food in bellies, minds entertained and health maintained.”

You as an individual can and, if you want to have an impact of saving literally the world and not just America, probably should start doing your part for this plan. Give away what you can, but never what you need. And be careful, because you might need that later. Never let that get in the way, though, of giving what you can. Bring your neighbors grocery money when you have a bit of extra cash, and offer to start a food co-op to make sure they never go hungry. It sucks, because I know damn well I wanna go spend that extra 20 bucks to treat myself and you probably do too. But if you go give it away instead, it’ll come back to you. Not immediately, and not always symmetrically. But it will come back to benefit you in some way. We need to shift the focus towards the community instead of the individual. I have plans for the other steps, if you’d like I can go into them. But the food co-ops are the best first step IMO

Bring on the downvotes but the correct answer is don’t. Free trade causes jobs in each country to align with recardiant advantage in those countries. We have the jobs we want now. Unless we are in the middle of a depression we don’t want government to “provide more jobs”. We don’t need more jobs. We want better jobs. The whole reason why manufacturing has slowed down in the US is that the global market for manufacturing doesn’t pay as well per man hour as other opportunities we already have.

Tariffs disrupt existing jobs to bring back old jobs. Old jobs we shouldn’t want as much as the jobs we have now.

If you want to work a job that someone else is doing right now you should probably expect to make close to what they are making while doing it. Actually less because you are increasing supply. Do we want Americans to make Chinese wages? Now some manufacturing in the US doesn’t pay Chinese wages because its work only we can do, hence why it is here, and pays American wages. But if you want to “take back manufacturing” then you are talking specifically about manufacturing they have already demonstrated they can do. So any of that manufacturing will pay at most a Chinese wage. Why the hell would you want those jobs?

Where did you get the idea that tariffs are supposed to increase domestic production in any way?

deleted by creator

People will tell you subsidies and positive reinforcement but honestly that is just more government spending to make a few rich. The answer is, there isn’t an alternative. All options aren’t great.

Manufacturing working conditions are horrible. As a country develops workers rights, unions, safety regulations, etc, it becomes almost impossible to compete on a global scale for manufacturing. Naturally the manufacturers in countries where those things don’t exist do very well.

In certain countries, the labor is just a few steps off of slave labor, which we all know is highly profitable and highly unethical. In other countries their dollar is so weak that net exports are the obvious choice for profitable businesses. Manufacturing thrives in these conditions and attracts a great deal of foreign investment - because hey, if the shipping costs are outweighed by the operational savings - it’s a sound business plan!!

Tariffs upset that equilibrium and guess who pays American tariffs? AMERICAN COMPANIES. The government gets a benefit, US becomes less likely of an export destination for countries to trade with, the dollar gets messed with in funky ways, and there is some amount of global loss of productivity due to this forced shift.

Basically, I view tariffs as a tax on the benefits of cheap overseas labor.

From what I’ve heard most pro brexit voters thought that leaving ment no non white immigrants allowed, they failed to understand the EU only let European labor in, the people from not white lands gained access from England’s colonial past.

I have had “researcher” jobs that were not ‘doing science’. I needed either journal access, or scihub/libgen, putting together shit my boss wanted to know.

It was killing me with the pandemic. ‘‘I’m not sure about mRNA vaccines, I’m doing my own research’’ homie, researching a vaccine means you are running a immunology lab. You’re not researching, you’re listening to a nut trying to sell you an unregulated vitamin in place of real medicine.

I long for the time when people said “I read a Facebook page”

Generally my circle watches 12 45-second videos on TikTok which gave them bias from assuming seeing it more places made it more right. They don’t even have to go to the comments to get bamboozled.

Here in the UK properly researching topics was something we did in multiple classes in secondary/high school. Not just googling shit for an essay but checking our sources as well as source authors and dates.

And who has time to get a PhD in climate science, geology, virology, astronomy, physics, biology, history, chemistry etc.

I am lazy, an adopt Bertrad Russell’s sceptisim framework,

If the excerpts broadly disagree, remain sceptical

If the experts broardy agree and you’re not an expert, you’re a fool to disagree.

Schools should really put much more focus on explaining what science is and what it does

Hard agree. The US is currently speed running to third world status and its entirely because of education, and i assume its happening elsewhere based on the rise of conmen in leadership. Anyone who thinks for themself who has ever had a conversation with anyone MAGA on why they believe what they believe, will know that it was just because they were told to believe it. They do not have any sort of internal reasoning, they look to someone that fits their world view of what a leader looks like and then they believe every word that they say. It is the same way most people relate to religion, do not think about it, just have faith.

So when you mix together a wildly de-funded and heavily politicized education system that turns out followers who outsource reasoning to authority figures, with modern American solipsistic culture that allows the worst human beings alive to be seen as role models, then it was always just a matter of time before conmen took the reigns of the country. Anyone who is ever trying to argue their point with reasoning and facts will appear on the defense to any conman that is just riffing innacuracies, and the uneducated masses will see the conman as in control, which will then make them trust that person, it doesn’t go any deeper than that.

Humans are fucking stupid.

The problem lies where they “find” their “research” when they see the answer they want to see on social media rather than an actual study or any factual references.