Thread 511273246

It's over

>pass a 30% tariff on China
>everything you buy from China now costs 30% more, paid for by you...
>..to the US government.

why did right-wingers vote for this massive tax increase again?

>>511273384
China is paying for the tariffs

>>511273436
A tariff is a tax the American people pay to the American government.

>>511273604
Wrong, faggot.
Trump won, you lost.

>>511273246 (OP)
Gas is 1.99 a gallon now.

>>511273384
>>511273604
Where the fuck have you been?
I swear to god I thought you killed yourself after Trump won again

>>511273604
So Trump should tax China instead of tariff them.

>>511273678
Even cheaper where I live
Down to 1.74
Got what I voted for

>>511273436
LMFAO you're such a dumbass bro so this has to be ragebait. Bet the corporations pay the sales tax as well.

>>511273246 (OP)
By "It's over" do you mean that America is at such a point where people can't do a quick Google search to find out that inflation is lower under Trump than it was under Biden? If you didn't know Americans are actually that retarded before today, you just might be one of those retards and I hate having to share a country with you and pretend that your vote being equal to mine is the best way humans can govern.

>>511273246 (OP)

life has literally never been more affordable lmao

>>511273580
>>511273604
>>511273893
alright you fucking retards, strap in I'm only explaining once
Your understanding of tariffs would apply to every country except one
the US
the reason why the US is such a desirable market isn't due to some retarded reason, it's because the US dollar is the reserve currency
in short you sell to the bank because they always have more money, literally infinite because printer goes brrrr
when the bank applies a tariff for incoming purchase, what it's really doing is that it's trying to keep the money flowing within its own walled garden (the US). The citizens paying more money does not matter from a pure monetary perspective because you can just print more money to pay them
>b-but my wages aren't going up
You're right! But government spending still goes up, which means it's going to business level spending in investments. The political line is trickle down, the real line is that they believe investing in business infrastructure is more robust and resilient than having a strong consumer base.
>why does this mean CHYNA is paying the tariffs?
Because CHYNA is no longer getting paid by the banks for goods. That money stops going to CHYNA, and it goes into American investments.

>>511273384
Because they're fucking stupid.

>>511273436
bait

>>511275392
>MAGA MAGA MAGA
No you fucking retards, if you read that post and didn't realize this is one of the worst moves for the US government to make you must be beyond moronic
This entire premise is 100% dependent on one assumption:
If you put more investment into America, America will produce more goods, reducing the cost of Made In America, leading to more profits that go in to more investments etc etc.
This likely won't happen.
Nevermind stupid shit like "you can't build a banana", the bigger problem is that Americans have no incentive to work.
You give Americans 20, 25 years of prosperity from 1990 to 2010, 2015 and guess what happens?
They tell the government to press the print money button so they get more shit.
Notice how goods WILL become more expensive and wages WILL NOT go up. This means that you WILL have less stuff, and then have to pick between building your own stuff and riot until the chug-tube of handouts (UBI, etc) gets turned back on.
Guess what your average walmart american is going to pick?
So now the government is going to raise tariffs higher to incentivize more investments, americans stay just as lazy, and investments don't actually lead to cheaper goods made in america, and the tariffs isolate the american economy from the rest of the world. That's when the world will REALLY become incentivized to move off the dollar
Falling off the deindustrialization cliff for 20 years and you think the ground won't kill you?
lol.
lmoa.