You must log in or # to comment.
It’s incredible how people just don’t understand how tariffs work, but believe an aging man with early onset dementia’s and wears a diaper.
he’s one of their peers, at least in the ‘education department’.
“Donald Trump was the dumbest goddamn student I ever had.” - William T. Kelley, Marketing Professor, Wharton School @ UPenn
“This was a major, major thing with Trump — that people might think he’s stupid”
Lmao
That worked sooooo well for him. 🤣
Bizarre thing is, while this should be seen as a denunciation - his base will just love it.
The longer I’m alive the more I think of MAGA as just Squidbillies.
Education ends after birth in murica
Yep, Republicans have spent decades dismantling public education brick by brick and MAGA is the end result.
Education comes from the Fox News channel in 'murica.
Early-onset? He is 78
Can you explain it to me because I’d love to know more. My base assumption is if the US had a spike in food prices would they not dramatically increase interest rates, until food prices deflated?
Rising rates would then drop their current asset bubble due to a contraction in money supply. Hence it could be seen not to be as much a tax as it would be a large amount of pain for existing asset holders who hold nominally valued assets, which would mainly be the rich?
Another assumption I’d make is higher inflation would also lead to a lower unemployment and greater wage pressure, due to the phillips curve?
I’m no economician, but 1. this price hike has nothing to do with inflation, and 2. Interest rates aren’t used to bring prices down, they’re used to bring inflation down.
The price hike causes inflation, as the tariff is passed on to consumers. Interest rates control the growth in the money supply, with less physical money available the velocity of money slows and prices fall, which causes deflation.
Thank you for running these, Canada! Too many of my fellow Americans are clueless about tariffs and how they are taxes that Americans pay. While the MAGA cultists are lost, there are many others who would have voted against Donvict Dementia if they knew what a tariff was back in October/November 2024. It helps now too because Republican Senators like Mike Lee and John Curtis need to be pressured to impeach donOLD Krasnov, for the benefit of both the States as well as our dear Canadian friends. It’s appalling to see Republicans who pretend to be against unnecessary taxes supporting or standing silent on an issue that Republicans used to be solidly AGAINST.
Pretty sure my dead goldfish has a higher iq than Maga combined
It certainly is more cultured than them, at least.
How does anyone with an IQ above 70 not know this?? Are these billboards really necessary? What do they think tariffs are if not for a tax?
I work with tariffs daily but there are tons of people who are clueless. I think if you quiz the average person on the street and ask them how tariffs work, most of them will fail to define it correctly. A surprisingly large number don’t know it’s a tax on the importer. A surprisingly large number don’t even know it’s a type of tax.
I hope this is a billboard on the Canadian side of the border that’s pointing towards the US.
They’re running in a dozen mostly red states:
https://www.cbc.ca/news/business/billboard-tariffs-canada-1.7496882
The fact that it says “Paid for by the Government of Canada” will allow them to shrug it off as propaganda and go “Why would Canada care so much if this was true!?”. I like the idea, but I fear it might have an even more polarizing effect…
Damn, they’re putting up posters in regions known for their illiteracy.
It’s probably IN the US. I made a post about one I saw a month ago. https://thelemmy.club/post/24183750
Possibly IN the US?
That would be hilarious, honestly.
The Republican when they see this: “yeah but JJOOOEEEEE BIIIDEN!”
The response I have seen now is “but national debt”
…Has anyone looked at the budget?
“Joe Biden immediately tanked the economy to enrich himself and his cronies!”
“The ‘elites’ are driving stock prices down to make Trump look bad. He’s being blamed for Democrat fraud” or something along those lines.
I get what they’re saying but I think the “Paid for by the government of canada” might be misinterpreted…
I know it took me half a second. Adding “poster” in front, or something would make in unambiguous.
“the only thing the government of Canada is paying for is this ad”
Yeah, I’m all for proper attribution, but I think making it just a little smaller, or two lines so it doesn’t line up with the main message, could have made it more clear that it wasn’t part of the message.
Hell I just got back from the grocery store a few hours ago. It’s hitting already. Just from 2 weeks ago when I last went stuff has gone up.
Silly Canada. You’re not suppose to say that you put up the billboard. You’re suppose to run it through a various political organizations like “Americans For a Better Future” or American Families for Prosperity“.
Are these billboards in the USA or Canada?
They’re at least in one US state because I’ve seen it while driving down the road.
they’re deployed specifically to republican-majority states:
They aren’t, though specifically for groceries, it’s somewhat-less relevant for the US than Canada, because we produce a wider variety of food domestically.
There are some important things that we do import, which have been discussed on here, like out-of-season fruits and vegetables.
kagis
These guys highlight several fields:
https://www.eatingwell.com/foods-impacted-by-new-tariffs-11712453
-
Tropical Produce — the US consumes more than it has tropical regions to grow tropical foods in.
-
Seafood
-
Coffee
-
Olive Oil, which we mostly get from Europe. “The U.S. produces only 2% of the olive oil that it consumes”
-
Chocolate
-
Nuts (though IIRC we’re a major producer of some important nuts, like almonds and peanuts).
Also, the foods that we’re especially competitive in tend to be bulk, low-value stuff, grains and such, which is the staple stuff that you’d really need if prices went up. We tend to import stuff like luxury food from Europe, which is nice but something that one could live without if one’s budget was tight.
One impact will come from fertilizer, which we import a lot of; that’ll drive up our cost of production of food.
The fact that we’re a major exporter of food is actually a major reason why you’d expect the agriculture industry to be unhappy with Trump, though agricultural states tended to vote for him. American agriculture is, by-and-large, globally-competitive. If it were uncompetitive, then tariffs might benefit it, providing useful protection from competition by forcing American consumers to buy it rather than more-competitive foreign products. And despite the lack of benefit, the agriculture industry likely does get hit by countertariffs.
The industries that will tend to benefit from tariffs are those where America isn’t very globally-competitive in 2025, maybe low-skill, labor-intensive manufacturing, and that’s where consumers are going to take a price hit from taxation. Clothing prices, for example. We’re not very good at hand-producing clothing. Tariffs will cause those industries to be subsidized by transferring money from the industries that we’re better at.
Canada is the source of the US’s largest imports. Most fertiliser for US crops would not exist without Canada.
-
Yeah so y are we doing them?
Like I’m all for retaliation and fuck the US, not interested in bending to their will, but there’s gotta be a better way to fight back than retaliatory tariffs. I mean severing ties with US trade is great, let’s do that in a clean, not tariff way.
Look at this poor guy who still thinks that logic and facts matter.
And yet I’m getting downvoted. I feel like I’m taking crazy pills.
Yeah because the US can’t be reasoned with, and if you don’t understand that yet then you may be indeed on crazy pills
I’m not suggesting reasoning with them. They’re insane. The most evil country of our generation went full mask off and are threatening to devour us.
I think you are right
