Thread 514844046

>all computer parts, tech gadgets, and gizmos have increased anywhere from 20-50% in price
>manufacturing this shit has actually gone DOWN, month after month, for half a year

When does it get better?

>>514844046 (OP)
Wonderful!

>>514844046 (OP)
It doesn't.

>>514844046 (OP)
It's actually gotten better
I've noticed that unbranded chinkshit has actually gotten cheaper despite everything.
Western and Taiwan shit is up but at this point it's not even from the tariffs, it's just the excuse.

>>514844046 (OP)
Also genuine question. Where does money collected from tariffs go? There must be insane surplus of cash in the budget now.

>>514844050
stop asking questions

>>514844050
>There must be insane surplus of cash in the budget now
Well... actually...
Did you know every administration spends more money than the previous?

>>514844050
>There must be insane surplus of cash in the budget now.
lmfao

But to answer your question: checks and healthcare for boomers. 1% of the federal budget is spent keeping diabetic boomers kidney's afloat alone.

>>514844050
>There must be insane surplus of cash in the budget now.
They've gotten like 3x the amount they previously took in tariffs.

>>514844050
stop noticing trump and musk are our allies abdul working at mcdonalds is the one stealing your money

>>514844050
Federal money management is too difficult to explain, just trust the plan.

>>514844050
>corrupt capitalist says foreigners out
>poor people vote for them
>corrupt capitalist steals from everyone
but u guys told me that trump is gonna save me. why is he trading billions with arabs while im still unemployed

>>514844050
To renovate the big beautiful White House, of course

>>514844050
>no dont notice the capitalist plot to steal money keep focus on the muslims and indians

>>514844050
Just 20 trillion more for AGI.

>>514844050
How does money work, at all?

>>514844050
The tariffs were meant to offset the cost of trumps big beautiful bill. On paper, the budgetary bill was negative some number of trillions over the next several years, and tariffs on paper replaced that loss.

They were basically meant to be replacing/supplementing income tax with a consumption tax, but now that a federal judge ruled them illegal, it's a pretty fucked up situation financially.

>>514844062
>consumption tax
Huh, never looked at it from that perspective but you're probably right.

>>514844046 (OP)
It's just getting started, give it like, say two weeks. Trust the plan, shadilay, maga, keep on trucking, etc.

>>514844050
>be capitalist
>want more money
>hey theres a bunch of idiots whom i can steal money from as long as i keep making them hate some ethnic group
I wonder why Trump is bowing down to Arab royals. It surely has nothing to do with their economic standing.

>>514844062
It's okay, Trump is going to fire and replace the fed chair with his own people, and cut rates. It won't lead to inflation like Turkey, it's a promise.

>>514844050
Good question. I haven't even see journalist ask that.

>>514844050
Mohammed is getting all that money. Dont you see how all the Muslims are wealthy golfers living in Mar a Lago?

>>514844067
Youd be banned for life with the current administration. Its literally a police state.

>>514844061
Wait, is Biden still in office? Eventually you're gonna have to stop using that as a crutch when confronted, Brantley.

>>514844050
I can tell you where it comes from, and it's not from foreign countries.

>>514844061
Hello Ivan how is the weather in Texas Oblast? Have you already posted how much you hate Muslims as a proud White American (Turkic Russian)?

I hope the next president takes a look at who made how much inside this administration. It could be quite entertaining. On a serious note, Trump allowing crypto into employees pensions is a fucking disgrace, man. Some of you guys will be truly fucked by this.

>>514844061
when you call the webm US doesn't know instead of jared bernstein doesn't know you out yourself as a tribal midwit from a shithole country. Don't @ me.

>>514844074
Have you ever heard of commas?

>>514844069
It's literally not. Trump loves to show off and pretend he's doing the big scary thing. When it comes to the boots on the ground stuff, he put a bunch of guys marching as a pretext to let that bald dude who loves to fuck Mexicans grab them and store them into his dungeon.

>>514844050
>Also genuine question. Where does money collected from tariffs go? There must be insane surplus of cash in the budget now and likely israel.

>check board
>isn't /pol/
huh?

>>514844078
Manufacturing technology is technology.

>>514844079
point to the tech itt.
if you want to talk about stuff like connected factory, industry 4.0, or some shit, then talk about that.

>>514844053
Actually, it just goes to israel.

>>514844081
>Actually, it just goes to israel.
This and AI. They want to create evil AI gods in the US.

Manufacturing is obsolete anyways

>>514844050
There's no surplus. There's ~37 trillion US debt. Then there's the $1.7T + federal deficit annually. Tariff has only collected ~100B in revenue that is ~2% of federal budget. Its not even enough to pay for annual deficit, let alone overall debt.

>>514844050
It's being used to partially fund the BBB. Even then the US government is still spending more than it has incoming. There's no surplus.
>>514844062
As this anon says the tarrif thing is a ruse to implement a VAT system like they have in Europe but pretending it's not really a tax on consumers.

>>514844083
US Manufacturing* is outside of maybe, automotive.

>>514844061
It is true. USA can print money because the dollar is world's reserve currency

>>514844087
>It is true. USA can print money because the dollar is world's reserve currency
For now, because that crypto shit might bite them at the end because the US legalized it.

>>514844062
>offset the cost of trumps big beautiful bill
so it's a new tax.
You pay that tax when you pay more for imported goods.
Trump gave $4T to the 1% and makes the 99% pay for it.

>>514844089
>so it's a new tax.
>You pay that tax when you pay more for imported goods.
>Trump gave $4T to the 1% and makes the 99% pay for it.
Yup and Americans will just vote for another trump in the next election.

>>514844087
Don't look up how gold has doubled as the world's reserve currency in the past decade. Everybody's been slowly decupling from the USD.

>>514844091
Keyword here is "slowly"

>>514844046 (OP)
If tariffs worked to prop up industry south america would be an industrial powerhouse.
In reality it just hurts actual manufacturers by increasing the price of supplies and the local products end up being even more expensive than before, so importing with tariffs still ends up being way cheaper and people just keep paying the marked up foreign goods.

>>514844078
The chinkshit shills here are bored and probably a bit minged that they’re stuck shilling on such a dead ass site.

>>514844090
All democrats had to do was drop the tranny shit.

China has already won. Just give up all your manufacturing. China is a real super power that can make everything everybody needs. Most of the world trades with China more than the US. All the US has left is money printing and slightly more advanced technology.

>>514844046 (OP)
It won't get better until import taxes on raw materials go away.

>>514844062
I don't understand why these fuckers in congress are so allergic to a VAT

Its so obvious

>>514844055
>>514844057
I just don't want to look at brown people.

>>514844095
Pretty much this. And stop letting illegals in

>>514844096
They are so good at playing the long term game, but I have a feeling that Xi Jiping's pride and willingness to cement his legacy as the dude who got Taiwan will fuck things up badly. I guess that's for the better. As bad as the Americans are, I kind of fear the Chinese authoritarianism being exported much more. If the US just toned down the meddling in other countries affairs shtick more they would be vastly better.

>>514844087
Any country that issues its own currency can.
>>514844091
The USD being the reserve currency is what obliterated US manufacturing.

>>514844095
Yeah, on one side, trannies, the other an absolute unfit war mongering buffoon dipshit with insecure God complex who is totally willing to shit on the constitution to do as he please. Such a hard choice.

>>514844046 (OP)
For actual reshoring to occur we need more than just tariffs. We need to essentially threaten businesses at gunpoint to make them pay Americans to do jobs they can get slave labor to do in China or India. It also requires curtailing illegal immigration and work visa/contract worker abuse which suppresses wages. Essentially make the market only accessible to both US and foreign companies if you pay Americans livable wages or you pay a tariff so high it completely offsets the savings of slave labor.

This is never going to happen in a single administration. High tariffs, a tight border, empowering ICE, and severely limiting the H1-B visa program are important steps that require continued vigilance. There isn't anything restricting US companies from offshoring heavily though, and we need years of investment in US manufacturing still.

SAY "THANK YOU MAGA"

>>514844103
what wars did he start?

>>514844046 (OP)
The goal of the tariffs wasn't to help American labor. The goal was to help American corporations, because we are so far behind in manufacturing technology that we literally cannot compete with the Chinese in our own market. American manufacturing is so dogshit that it is literally cheaper to make stuff on the other side of the planet and ship it here.

>>514844107
tbf your currency has been overvalued for decades

>>514844046 (OP)
tariffs require deliberate long term policy which is the opposite of what the US is capable of

>>514844105
>Aug 21 (Reuters) - U.S. business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday.
>S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 55.4 this month, the highest level since December, from 55.1 in July. A reading above 50 indicates expansion in the private sector.
>“A strong flash PMI reading for August adds to signs that US businesses have enjoyed a strong third quarter so far," Chris Williamson, chief business economist for S&P Global Market Intelligence, said in a statement. "The data are consistent with the economy expanding at a 2.5% annualized rate, up from the average 1.3% expansion seen over the first two quarters of the year."
>The improvement came largely from the manufacturing sector, where the flash PMI surged to 53.3 - the highest since May 2022 - from 49.8 in July and defying economists' expectations for a second month of contraction.
>Manufacturing received a bump from new order activity at the highest since February 2024.
>The services sector, meanwhile, eased back to 55.4 from 55.7 in July. Economists polled by Reuters had forecast the services PMI slipping to 54.2.

>>514844105
THANK YOU MAGA

>>514844098
*corporate tex
Nobody is doing dividents, the only thing corporate profits do is sit around as cash reserves until a retarded bubble comes and they go to a bunch of grifters, or the company goes to shit and they hand it out via stock buybacks

>>514844106
The keyword is enabled, at least to continue. Didn't phrase it correctly.

>>514844107
>we are so back behind china in manufacturing technology, let's tariff shit to help
>damn making shit in china and importing is so expensive to me, maybe I should make a factory here, I've looked into it before but it was too expensive
>let's see the main cost will be... importing all the machinery from china

>>514844107
Where's the state investment to build those industries then?

>>514844115
You get the stick, not the carrot.

>>514844046 (OP)
>all computer parts, tech gadgets, and gizmos have increased anywhere from 20-50% in price
Name 3 examples

>>514844046 (OP)
Everything always gets worse over time under keynesianism.

>>514844105
Thank you, MR PRESIDENT Donald J Trump!

>>514844115
Tariffs weren't meant to redistribute tax dollars as corporate welfare they were meant to cover up the gaping hole in the budget from trumps big stinky bill and exert market pressure in favor of domestic manufacturing

Works on my machine. Much of the products I buy have gotten cheaper over this year.

>>514844046 (OP)
>When does it get better?
After spending 30 years offloading fundamental inputs to China, it's going to take a long time to adjust.

Massive inflation of the cost of every input is making it impossible to quickly build anything for the moment, things need to go sideways for a while.

>>514844114
China has been suppressing it's currency for decades. They weren't ahead in anything, they were willing to keep their citizens poorer.

Literally nothing I buy has been more expensive, even chink shit

>>514844061
He does a shit job at explaining how it works, it doesn't help that the audioless webm's subtitles includes all the uhms and pauses. When people hear "the government PRINTS money" they assume they literally just print a ton of new physical money at the US Mint or another country's equivalent to the Mint. So much confusion would be avoided if they just said "the government BORROWs money by selling bonds to buyers, that they then have to repay with interest in the future"

>>514844049
>I've noticed that unbranded chinkshit has actually gotten cheaper despite everything.
for example?

>>514844123
This is partly true but it's not the whole picture. They are definitely ahead in manufacturing. They are churning out everything from retail products to naval warships faster than any other nation can keep up.

And yes, a large part of this was them using currency pegging to manipulate their currency to make it more favorable for them to export goods to other countries, and your right, wealth is extremely concentrated in China and the majority of people are dirt poor because of it.

It's an interesting dynamic in ways. People from better families are able to afford to send their children to any country in the world to study and work, and bring back their money and skills, while the poor get stuck doing a 996 job making peanuts

>>514844050
>Where does money collected from tariffs go?
It goes to a place that starts with I and ends with srael

>>514844078
Pork rectums have bones?

>>514844126
Just anything
Bought a 5 pack of some multimode fiber 3 years ago and it's $1 cheaper now from the same seller or you can spend the same and get a whole other cable.
Bought some fabric pots and they used to be $1.25 for each for the cheapest I could find and now they are half at $0.66. Really looking at it, all my horticulture supplies are ever so slightly lower. Except at the local store but that's a given.
That's just stuff I can directly compare as I've bought them mutiple times and actually have a record of the price I paid


I thought to myself for a second that all the random chinkshit seems so cheap because everything is more expensive but for most things that aren't sold under a western or Taiwan brand, prices are somewhat lower, or at the very least trending the same.

>>514844046 (OP)
Those were all fake jobs. The real jobs are only getting more bigger every day. Low unemployment too, best economy in ages.

>>514844127
I said they weren't ahead. They are ahead now but, because of consumption distorting interventions. Pretending China got here purely by ability and trade and thus America has to buckle down to compete or some such, is bullshit.

If you want essential industries back, market intervention is how you do it. That's what China does too. Competetive market intervention, neomercantilist harder than your enemy.

>>514844072
>anon posts webm
>its dah russians we are under attack!
Israel owns your congress. I wonder are you white? Do your superiors let you do your own research?

>>514844132
>Pretending China got here purely by ability and trade and thus America has to buckle down to compete or some such, is bullshit.
Is currency manipulation, cheap labor force, plentiful energy and large motivated population with national export focused policies not "ability and trade"?

>>514844134
No more or less than tariffs.

>>514844050
>>514844061
>>514844125
Brics currency is a death sentence to the West because they got too used to "extract" or rob the world

>>514844046 (OP)
People are using tariffs as an excuse for their dying business models, the same way they used covid as an excuse for all their fuck-ups for YEARS.

>>514844050
>Where does money collected from tariffs go?
ANOTHER 60 TRILLION FOR ISRAEL

>>514844123
Remind me again which country is almost $40T in debt and had 5 year ZIRP? I'm schocked a country where for every $100 you borrow you need to get 12 cents in a year to make it worthwhile doesn't bother with hard shit like "actually creating value" and simply pumps assets till a greater fool comes along and hands out exit liquidity.
Without reserve status USD would be less than zimbabwean dollar

>>514844136
your skin is the same color as poop lol

>>514844118
This is not keynesianism. It's just the "we print to stimulate economy" part, without the "we cut public spending and increase taxes to balance out our stimulus and build up a reserve for future crises" part

>>514844050
where the money goes is determined by budgets passed by congress. money can only be returned to the treasury via bills passed by congress. so the answer is it basically sits in indeterminate magic land until congress passes a law saying what happens to it and what can be done with it.

they're start the next budgetary cycle now. even with all of trumps grand sounding ideas, most of the congressional gop isn't going to vote money out of their districts.

>>514844062
>On paper, the budgetary bill was negative some number of trillions over the next several years, and tariffs on paper replaced that loss.
the negative trillions was make believe money. it was the amount that the treasurey would possibly collect probably in future if the tax cuts expired. the idea being that the best thing for the economy was that the government could take 4-5 trillion more dollars out of it than it was already doing. i'll leave it to you to decide if that makes sense.

>>514844134
you forgot freight massively subsidized by international bodies because they're a 'developing economy'.

We need at least 6 more years of Trump to even begin to see the fruits of His labor.

>>514844046 (OP)
>When does it get better?
When the government stops engaging in inflationary monetary policy and begins reducing the money supply so we experience deflation so that ordinary people can ACTUALLY AFFORD TO BUY NON-ESSENTIAL PRODUCTS.

>>514844127
The biggest part of their success was them using tariffs and non tariff barriers to always cuck foreign companies.
The chinks are so fucking sociopathic and addicted to screwing over foreigners that even starbucks can’t sell a fucking simple cup of coffee over there without
>Some LGFV subsidizing a knock off coffee brand immediately product dumping below cost.
>The local starbucks franchises then getting their balls twisted by state mandates both written and unwritten to shove it into the bin.
If they can’t help themselves over a cup of fucking coffee then imagine what they do to other brands.
Chinks have earned their tariffs and it’s been a long time coming.
The only reason they pretend to play nice with euros it is they still love farming them for IP theft and they think they can backdoor your political class and rule with blackmail and bribery like the Israelis do in america.

>>514844132
Tariffs were the antidote to mercantilism and they are the antidote to neomercantilism, they take a long long time to kick in though.

>>514844062
>The tariffs were meant to offset the cost of trumps big beautiful bill.
I think you misunderstand the Senate rules for reconciliation bills. They must not increase the deficit on a 10-year horizon, within the provisions of the bill itself. The tariffs were not part of that bill, ergo the Senate Parliamentarian did not, and could not, factor in tariff revenue when evaluating if provisions of the OBBBA were permissible under the Byrd Rule.

But were they "meant to" at all?
By the administration's own words, their goal was to revitalize US manufacturing. Doing that plus increasing revenue via tariffs doesn't work long-term. It makes some sense to expect that tariffs could reinvigorate manufacturing (on a 5-to-10-year timeline, with some disruption along the way), by making imported goods more expensive relative to domestic equivalents.
But if that succeeds, then guess what?
The US would imports less.
Meaning less people paying the tariffs.
Meaning less "offsetting" the cost of the OBBBA.
Claiming both "long-term tariff revenue" and "long-term import decline" is obviously silly.

>...meant to be replacing/supplementing income tax with a consumption tax...
See previous. Self-defeating. The US actually doesn't import nearly as much as the public perceives. To actually replace the income tax, or even make a dent in it, would require tariffs so high that people would mostly stop importing entirely, thus mostly stop paying the tariffs, and removes them as a meaningful contribution to the budget.
>...but now that a federal judge ruled them illegal, it's a pretty fucked up situation financially.
The judge didn't rule the tariffs themselves illegal, only the method by which the administration justified implementing them. They can either re-issue them under a different justification, or even better, pass the tariffs as a law, not a weaksauce executive order that the next president can just undo.
Laws, I tell you. Passed by Congress. Article I of the Constitution.

>>514844046 (OP)
Linus predicted this.

>>514844149
remind what, what's this guy's ethnicity

>>514844149
I stopped watching Linus because he got too political. He has some kind of bizarre vendetta against Trump.

>>514844148
Only works if people pay ONLY tariff as taxation and nothing else.
Otherwise it's just more tax

>>514844050
>Where does money collected from tariffs go?
Cool it with the antisemitism.

>>514844148
The judges are just performative theatre at this point.
They file those incorrect rulings knowing that trump will ignore them and the supreme court will eventually debunk them.
All performative cowards. They will NEVER rule against actual easy slam-dunk illegal tyrannical laws like with gun-grabbing laws or warrantless mass surveillance, because many are in on it.
For example none of them will rule against trump’s recent ban on burning the US flag, because that one is part of the plan, and is being done because making exclusively the Israeli flag illegal to burn was a bit too obvious.

Shameless waste of their prestige though.
They’re playing games with a glass knife, like pope gregory VII at Canossa.
If they aren’t careful they’ll win Gregory VII prizes soon enough.

>>514844149
>Americans don't want these jobs
The problem isn't wanting or not wanting jobs. The problem is pay is too low, and instead of making businesses obey supply and demand domestically and raise the pay for labor, they just import third-worlders.

>Americans don't want to buy American products
American products are not competitive with Chinese ones, because we are about half a century behind them in manufacturing. It will take massive state investment and decades to catch up (or industrial espionage).

>There aren't enough Americans
This is just nonsense.

>>514844152
>Only works if people pay ONLY tariff as taxation and nothing else.
Yeah, a tariff-based government funding is an interesting idea. It would naturally lead to a smaller government, which would be nice. But don't forget that it also ONLY works if the government accepts the tradeoffs of the new market conditions, and doesn't play games with that new tax money!
Most of the tariff-based tax revenue in Trump's first term didn't go to offset the debt or even fund the government. When US farmers started losing money from retaliatory tariffs, the government sent farmers a "stimulus" almost equal to the tax revenue from the tariffs. So just taking money from people who bought their kids a toy from China, shoes from Vietnam, or bought their car parts from Mexico, and giving the money to farmers to offset crops they couldn't sell. This isn't some conspiracy. Trump bragged about the tariff money going to farmers during his re-election campaign in 2020, I guess because he knows people aren't smart enough to connect the dots?

>>514844156
>Yeah, a tariff-based government funding is an interesting idea.
It was literally how America taxation used to always worked up until the Federal Reserve was formed.

>>514844148 (Me)
I typed that out too fast, correcting my sloppy mistake:
>They must not increase the deficit on a 10-year horizon...
*must not increase the debt
The debt and deficit are different things.

>>514844050
>Also genuine question. Where does money collected from tariffs go?
Towards our greatest allies™ of course. Chosenitestan and the KSA. I hope you didn't think that was gonna go to fixing a bridge or something, lmao.

Well... dang.

>>514844160
>Jeetmarket
More rigged than the actual economy.

>>514844155
>yeah bro i would totally love to work in a factory
anyone who says this is a total bullshitter. being a line worker fucking sucks and they're constantly looking for people because it's a shitty job that nobody wants to do, if you actually wanted to work in a factory you'd already be doing so. also lol @ the idea that america has infinite sweatshop workers or that having infinite sweatshop workers would even be a good thing. nobody gets rich from making cheap shit

>>514844151
He's a literal impotent Canadian.

>>514844162
Nobody wants to work at anything, this is whybpeople are paid. If you live in a country with 300 million people and you can't find employees, the problem is that your job offer is not competitive, and you should raise compensation. You are correct that I would not want to work in a factory. However, I could be persuaded by a high enough salary. That is how supply and demand is supposed to work, but instead we let the wealthy use immigration to subvert market forces when those forces fo not favor them.

Think about it this way. Would you flip burgers for $7.25/hr? Probably not. How about for $1000/hr? You'd probably be the happiest burger flipper in town. There is a price which can convince people to do your labor. The problem isn't that nobody wants to work or whatever other boomer brainrot you have. The problem is the wages are dogshit and instead of letting the lack of labor push employers into competing with eachother for employees, we let them import infinite third-worlders so wages stay as low as possible.

>>514844046 (OP)
There's a price in supporting Israel and you will pay it.

>>514844098
If they suggest a VAT like the Europeans have I'm gonna Luigi mangione the author of the bill (in mein kampf)

>>514844164
>highest wages in the world
>still complain
The reality is that margins are not high enough to pay everyone $1,000 an hour to flip burgers You think that businesses have infinite money and the only reason why every job doesn't pay 200k a year is because of the labor market which is the most economically illiterate shit i've ever read. There are supposedly millions of people who desperately want to work in a factory, but the reality is that unemployment is already low as fuck.

>>514844144
Good Lord, that's still happening?

>>>/news/ is that way, boring nerd
>>>>>>>>>>>>>>>>

>>514844050
The main purpose of the tariffs is to fill in the revenue hole created by the tax cuts, which the rich benefit from the most as always.

>>514844167
Reality is most people don't want to work in factories. Those jobs are worse than burger flipping.

>>514844171
They don't want to work in factories with burger flipping wages.

>>514844171
>>514844172
why don't they just pay burger flippers $200 an hour?

>>514844172
Even for equal wages with office work (or home-office work), between the same dollar amount staring at a screen in your home versus staring at a blast furnace, most people will choose the screen at home.

>>514844171
I forget who said it, but "people want to wear Nikes, they don't want to make Nikes."

>>514844173
Point is, nobody would flip burgers if they got paid $0.02 an hour. And nearly everyone would flip burgers for $200 an hour. This applies to all unappealing jobs, so why wouldn't it apply to unappealing factory jobs?

>>514844175
Ok but why don't they just pay burger flippers $200 an hour? What's stopping someone from doing that?

>>514844046 (OP)
Most of the conservatives I know have gotten really quiet and unhappy.
Every time they act uppity and are annoying me I just go "well at least groceries are cheaper eh" and they get really small and quiet.
y'all made your beds.

>>514844177
>things that totally happened from anon's life
You don't go outside, quit playing make believe

>>514844176
Kikes.

>>514844176
You are repeatedly asking me a retarded question we both already know the answer to and I'd rather you just lead with your point that high salaries affect profitability. Anyways, the agriculture industry already ran into this problem and the solution was subsidies. Yes, the government should definitely consider subsidizing manufacturing if they want more manufacturing jobs and businesses.

>>514844046 (OP)
Whats the date on this crop you have presented? Thats not what I read in the news daily.

>>514844180
>ummm the goverment should just give out more free money
damn that's a good idea, next I think that they should just mail everyone one millions dollars

>>514844181
Not OP but it's a Bloomberg briefing that just summarizes headlines. Here is the full article: https://archive.is/sn7oQ
The ultimate source is the Institute for Supply Management's "Manufacturing PMI" metric:
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/pmi/august/
If you scroll down to the first table titled "Manufacturing At A Glance", you will see the trend of "Manufacturing PMI" is "contracting" and has been for six months.

>>514844167
Are you ESL or something? You completely failed to understand the argument of my post.

>>514844184
your argument is based around a child's understanding of economics

>>514844185
Your reply is based around an Indian's understanding of English.

>>514844186
wow great argument faggotron you sure showed me. why can't greedy business owners just pay everyone 500k a year?

>>514844066
it'd be so fucking funny

>>514844155
>increase pay
>product is now too expensive
>nobody wants to buy it
Great solution, retard.

>>514844185
does anyone actually have a good understanding of economics? seems like all predictions about economics are wrong

>>514844046 (OP)
Yes, the entire purpose of the tariffs is to isolate the U.S. and weaken its economy so that China and Russia can fill the power vacuum. They are working.

>>514844172
Working in factories isn't worth it even if the wages are quadrupled. Customers can wait for you to finish their orders at a fast food restaurant, but the machines at the factory won't wait for you. When you're flipping burgers, you at least get to smell the pleasant aroma of the food you're cooking, but in the factory you're going to be huffing nasty carcinogenic fumes all day while hearing constant deafening noise. Restaurants can have lots of downtime, but there's little downtime in factories. They run 24/7 except when they need to recalibrate the machines.

Chinese shills are sweating hard right now, manufacturing is all that China has and soon their industry is about to collapse.

>>514844265
China will collapse in two more weeks.

>>514844046 (OP)
It's funny, because it's been nothing but groundbreaking on manufacturing plants where I live. If manufacturing is down, why are they expanding?

>>514844046 (OP)
Tends to happen when you forget to make an industrial policy

Biden’s admin tried to make one but it went nowhere. The timeline for moving some stuff back was like 15-20+ years. Suffice to say that America does not appear to have any way to reindustrialize, nor does any western country. It’s a bunch of people who want it to happen but either have no will or idea how to make it happen

>>514844046 (OP)
I bought my computer components in advance then quit buying things.

>>514844046 (OP)
>all computer parts, tech gadgets, and gizmos have increased anywhere from 20-50% in price
Literally the exact opposite of this is happening. Shit is getting cheaper. A few months ago you couldn't even find an RTX 5080 for 25% over MSRP without it getting snatched up by a scalper bot within 10 seconds. Now every store has MSRP (occasionally even less than MSRP) 5080s sitting on their shelves for days at a time.

Moved from /g/? Niggers.

>>514846788
Too serious of a topic so it's sent here to get botted.

>>514844136
Byzantium Unironically did this too

>>106486432
>the government could take 4-5 trillion more dollars
*not take
The tax cuts were alredy here since trump 1 they just got extended. Did you enjoy the amazing stimulus they brought in? Or did nothing change and you've cheered for borrowing from your future so boomers and rich people can have it slightly better right now.

>>514844046 (OP)
>(((((((((((((((((((((SOURCES SAY)))))))))))))))))))))))))