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But... but... Trump's policies are even more tax breaks for the rich and tariffs on everything, do people not understand this?
by porbelm 2y ago
But... but... Trump's policies are even more tax breaks for the rich and tariffs on everything, do people not understand this?
- andy_ppp 2y agoI think they just assume things can’t get worse so f** it. Most people only vaguely know policies and are voting based on feelings.
- justin66 2y agoNarrator: people did not understand this
- mbg721 2y agoIt's pretty hard to run a campaign on "change" when you're the incumbent and nobody voted for you.
- Veen 2y agoYes, but voters are forced to choose between the fuckers who screwed them yesterday and the fuckers who will screw them tomorrow.
- tjpnz 2y agoWe'll have to wait and see re: tariffs, but the democrats are no different on tax breaks for the rich.
- jampekka 2y agoBiden was all in on tariffs too.
- EricDeb 2y agoDidnt Biden want to raise taxes on those making more than 400k a year or something?
- a1j9o94 2y agoHarris' plan lowered taxes for everyone making less than 900K per year https://itep.org/kamala-harris-donald-trump-tax-plans/ https://itep.org/kamala-harris-donald-trump-tax-plans/
- jampekka 2y agoPlenty of people have good reasons to support tariffs. Free trade destroyed a lot of industries and adjanced communities and the free trade fans didn't give a damn about them.
- seanp2k2 2y agoDo…people really think that prices will go down when cheap foreign labor is off the table? Do they think we can establish replacement infrastructure at comparable costs in months or a couple of years? Will they want to work those jobs for comparable pay to keep the costs of goods stable?
- jampekka 2y agoProbably more like wages will go up when cheap foreign labor is off the table. Higher income offsets higher prices for industries where wages rise. For the currently well paid the purchasing power may drop. Silicon Valley didn't care about the rust belt, so why should the rust belt care about SV?
- gizzlon 2y agoWill the wages increase more than the prices? Aren't most things Americans buy imported or contain imported parts (for example all electronics)? Won't a decrease in exports, because of other nations ti-for-tat tariffs, decrease wages for many US workers?
- selfmodruntime 2y ago"America first" includes economic policies that drive up commerce, even at the cost of our allies. German news is full of VW and other auto executives wanting to leave for production in the US. Trump's tariffs mean companies will just want to produce in the US and export outside it. And it's working. Do people not understand this?
- andy_ppp 2y agoThe idea that you’re going to be producing iPhones or other mobile phones in the US (for example) is extremely unlikely in the next decade. It will be interesting to see the chaos he causes if he goes through with this and the plan to deport 20 million people.
- selfmodruntime 2y agoI'm not talking iPhones, I'm talking "luxury" commodities like cars and other expensive equipment where quality counts.
- catlover76 2y ago[dead]
- Maken 2y agoWhile I'm also skeptical, production could be moved from the US and other Western countries into Asia thanks to the "correct" economical incentives. There is no reason it can be moved again. But we all know it will be moved to Africa and Southeast Asia, but still.
- seanp2k2 2y agoI’m sure there will be masses of folks moving to rural areas to pick up those sweet, sweet agricultural jobs that pay $5/hr under the table, or do repetitive precision PCB assembly all day for $1.25/hr and 80hr 6-day work weeks.
- deleted 2y ago
- lynndotpy 2y agoI'm not sure if you're being rhetorical, but people in the United States generally do not understand this. Even among those who are pro-Democrat, the differences in tax and tariff policy are usually not the top three issues.
- fny 2y agoGo look at a chart of income inequality. It hasn’t improved under any administration. So why do they still feel Trump is the answer? Inflation.
- astrange 2y agoIncome inequality hasn't increased in the US since 2014, and sharply /decreased/ since 2019. The current administration did an amazing job at improving it! https://recruitonomics.com/the-unexpected-wage-compression/ https://recruitonomics.com/the-unexpected-wage-compression/ (Note this is about wage inequality, which strictly speaking isn't income inequality. The best policy for income inequality would be bringing back the expanded CTC.) But the median voter doesn't actually like this, because they have above-median income due to being older, and this means service workers got more expensive.
- fny 2y agoDo you hear yourself? In one breath you agree with me that income inequality is rising, and then say it’s bad for service workers to have higher wages.
- astrange 2y agoNo, I said 1. income inequality stopped increasing in 2014. 2. wage inequality is /falling/. 2. median voters (who are upper-middle-class) want it to go back up. Income inequality is stalled because some benefits from 2020 expired, namely the expanded CTC, and we should really fix that.
- BrenBarn 2y agoNot only is wage inequality strictly speaking not income inequality, but income equality strictly speaking is not wealth inequality. The big problem is wealth inequality. Even if incomes were entirely equalized today, wealth inequality and its pernicious effects would persist for a long time.
- Urahandystar 2y agoHe gave out money during covid that reasonates.
- theshrike79 2y agoYou mean: "He put his name on checks sent out" - it wasn't his money and it would've gone out anyway.
- ruthmarx 2y ago[flagged]
- kelnos 2y agoMany people in the US believe that the target country is the one who pays the tariffs, and don't understand that they pay for them, at the cash register.