Doing your own research or, you know, trust the experts? There's no way I will get deep enough into virology to get a proper grasp if I need a vaccination. But I for sure won't trust a random space Karen or brainworm Jimmy.
Leopards Ate My Face
Rules:
- If you don't already have some understanding of what this is, try reading this post. Off-topic posts will be removed.
- Please use a high-quality source to explain why your post fits if you think it might not be common knowledge and isn't explained within the post itself.
- Links to articles should be high-quality sources β for example, not the Daily Mail, the New York Post, Newsweek, etc. For a rough idea, check out this list. If it's marked in red, it probably isn't allowed; if it's yellow, exercise caution.
- The mods are fallible; if you've been banned or had a comment removed, you're encouraged to appeal it.
- For accessibility reasons, an image of text must either have alt text or a transcription in the comments.
- All Lemmy.World Terms of Service apply.
Also feel free to check out !leopardsatemyface@lemm.ee (also active).
Icon credit C. BrΓΌck on Wikimedia Commons.
And the people who voted for the orangetard will still be shafted by him and his mafia yet will continue to blame "obiden" for their economic woes. π₯±
To be fair, economics is not intuitive. Half of it is built out of unicorn dust and human imagination. How else would bitcoin even exist? For those of you who are economists and love the money side, vs the behavioral side, thatβs great, we need people like you to explain it to the rest of us.
I work with a real system that will still exist no matter what happens with politics or money, so it takes work, for me. That said, tariffs and inflation are not difficult concepts provided you simply take the time to learn.
I know someone who lost their job in December due to tariffs anticipation, and they were not alone in that group of layoffs. The effects are there even if you fail to learn the reasons.
I'm of average intelligence so if I can understand it, so can they.
Honestly I'm dumb as hell, and when I didn't understand something I just trust my friends who I know share my values. MAGAs seem to have decided they trust Trump over their children, for the most part.
He probably shares more of their values, to be fairβ¦
Half of it is built out of unicorn dust and human imagination.
Economics is applied psychology at scale hiding behind the idea of math and using "businesses" and "markets" to depersonalize their findings and play pretend at describing natural laws. All it's really describing is the behavior of people, and a wildly nonrepresentative subset of people at that.
The whole thing was very purposefully talked about using the word "tariff" and never ever its synonym "import tax" exactly so that the traditional Fascist technique of redefining the meaning of words could be easily used: if all the Fascists' speech had been about "import taxes" they would not have been able to leverage most people's ignorance anywhere near this level because the very words "import" and "tax" were already reasonably well understood by most - unlike "tariff" - so the opinion makers would not have been able to miseducate their targets anywhere as easily.
I'm not saying that the people who fell for this are to be excused - if there is something important enough for you to put the effort into educating yourself, it's Politics - I'm saying it's understandable how so many were so easy to swindle.
Isn't this the same debate as to how one country can (or cannot) force another country to pay for a random construction project that isn't in anyones interest (that wall)?
It's not like the concept is beyond (basically, 99.9+%) anyones cognitive abilities. It's just how ads (the science behind it is plentiful, it's a giant business sector) work on human brains.
Of course the employee is wrong, but the OOP isn't tackling the argument in a really productive way. There's an opportunity to meet the employee where they are.
People caught in the right wing noise machine always seem to understand that businesses pass on business taxes to the consumer. So, if other countries were paying the tariffs, why wouldn't they pass those costs on?
Did you read the post? It sounds like they explained it thoroughly to them prior to the tariffs going into effect and it went in one ear and out the other.
Some people genuinely are fucking dumber than a rock
Some people are just dumb. It doesn't help that our education system is designed to produce worker bees and not educated citizens.
Next try telling him there's no God with an EKG. The same part of his brain will be activated, guaranteed. Not to dock religion. But US conservatism is a religious cult basically.
Ive never been opposed to learning through experience rather than what others tell you. Dont trust anything you can't verify yourself.
Hire smarter employees.
Those cost more, and with the tariffs I doubt he can afford it
God damn! This is so simple a third grade student can understand it. The US government has no authority to tax foreign governments, citizens or businesses. They can only tax American citizens and businesses. So Trump puts a 50% tariff (Import Tax) on tea from England. The tea costs $5.00. The person or corporation who imports it, pays the $5.00 cost plus the $2.50 tariff. The US government gets the $2.50. In this case, Trump and Musk are probably just stealing it.
You forgot that the tea now costs $7.50 which is paid by the consumer. The tea company sure as shit isnt taking a 50% loss to sell tea now. So the american consumer pays the tariff. Shitler and goebbels pocket the 25% that comes out of an american workers paycheck.
I don't understand how they think this works
A lot of them think that the country with the tarrifs levied against them needs to pay the country they are exporting to to sell the goods there like a "If you want to do business here" tax on the country exporting.
But in all honesty even if it did work that way, the exporting country would just jack the prices up to cover it. The end result for US citizens would be the same.
But in all honesty even if it did work that way, the exporting country would just jack the prices up to cover it. The end result for US citizens would be the same.
This. It doesn't matter whether the exporter or importer is payign the tariff, the result is the same - it increases the cost of goods, and that cost is going to get passed down the line, plus margin.