• ChickenLadyLovesLife@lemmy.world
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    1 month ago

    There’s a new batch of Trump signs that have appeared in the last couple of weeks which I call the “TRUMP GOOD / KAMALA BAD” signs. They are targeted at the unimaginably simple, with stuff like “TRUMP LOW TAXES / KAMALA HIGH TAXES” and “TRUMP SECURE BORDER / KAMALA OPEN BORDER”. My favorite is the one that says “TRUMP LOW PRICES / KAMALA HIGH PRICES” which counts on the total ignorance of basic economics on the part of Trumpers - tariffs raise prices.

    These signs are almost as amusing as the “TRUMP: UNIFYING THE COUNTRY” billboards. I don’t know who the fuck those are aimed at.

      • ayyy@sh.itjust.works
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        1 month ago

        How’d you reach that conclusion? Tariffs aren’t exactly a new concept so you surely can point me to a concrete example from the past several hundred years across several hundred countries right?

      • ChickenLadyLovesLife@lemmy.world
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        1 month ago

        They raise wages if you have domestic producers ready to step in to replace the tariffed goods and if those companies pass on some of their new profits to their employees. US companies don’t exactly have a good track record of that.

        • intensely_human@lemm.ee
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          1 month ago

          Having more jobs raises wages through competition for workers. Markets don’t require generosity of heart in order to serve people.

  • saltesc@lemmy.world
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    1 month ago

    I’m not American, but the Great Depression and 1932 was taught in school as it was that historically significant as the biggest low-point in modern western economics.

  • Pacattack57@lemmy.world
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    1 month ago

    Tariffs worked during the Great Depression because American businesses actually had infrastructure here to create jobs. Now a tariff only increases costs because all factories are over seas. A billion dollar company isn’t gonna make new jobs here, they’ll just pass the bill to the consumer.