Obviously, things like that are happening and will happen, but it is also the case that tariffs are employed throughout the whole world to protect nascent industries and improve the trade deficit. The economies are adjusting in the short-term for changes that should continue in the long-term.

… And this is the funniest aspect of Trump’s economic policies: he is making liberals the world over make hypercapitalist arguments about free trade.

Imagne being a progressive far leftist and believing that the government interfering too much in the economy* is bad*.

Some amount of that is happening - mostly in the nations that are producing these goods, like China and even Korea to some degree. Massive closures in factories and completely retooling some of them to produce for the domestic market.

This propaganda rag has no idea how tariffs work. Foreign companies aren’t paying the tariffs. Foreign governments aren’t paying the tariffs. American companies and consumers are paying the tariffs.

Well, they do cite infrmation about this:

The Harvard Business School tariff tracker, which has been monitoring price changes across affected sectors, estimates a “pass-through” rate of approximately 20%, meaning that only one-fifth of the tariff costs are actually showing up in consumer prices. Even that figure may be generous as it includes some one-off adjustments that are unlikely to persist.

According to the Harvard’s Pricing Lab, prices of imported goods rose by 5.4% from March to September as tariffs were imposed, compared with 3% for domestic goods, so some of the tariffs were passed on but far from the full cost. In other words, the market has adjusted, just not in the way the textbooks predicted.

I think it adjusted in a way that is relatively predictable. Sure, consumers will shoulder some of the burden, and perhaps even a greater share in the short-term, but businesses have to adjust their prices to be competitive, and in the long-term they have to consider that the tariffs on their goods will incentivize local, cheaper versions of their products to show up in the market since they will now be profitable.

Lol

Oh that is good!

Right, I agree with this. That is my concern as well.

I do not object to what people do in private facilities, but the idea of forcing ALL private facilities to have the same standard and turnign family friendly places into ones that have to accept all manner of discomfort is wrong, IMO.

So you are saying that the headline should be saying he was a Republican in addition to an ICE agent?

I believe because he is a zionist who wants to see the ISrael project succeed, and I think that various top tier Israelis have been trying to get him to agree to obstruct it as long as possible so they can at least come up with ways and stories to avoid the fallout.

I think if there was real cause to believe that Trump was doing Epstein things on Epstein island, all those things would have been revealed during the 2024 election.

Really a rough outing:

Sanders finished with 47 yards on 4-of-16-passing with one interception and two sacks taken.

Right…! Gotta gitgud!

Little more:

Despite the end of their production, about 300 billion pennies remain in circulation today.

If any pennies are rattling in your coin jar, do not worry, they can still be used at shops. The penny remains legal tender.

Still, retailers are already facing challenges from penny shortages. Without the 1-cent coin, merchants may have to start rounding prices to the nearest nickel.

While the U.S. Treasury has pinched its pennies, it’s not the complete end of the 1-cent coin. A small quantity of collector pennies will continue to be produced, the U.S. Mint said in a press release.

All the hate I get for posting Breitbart has reminded me of something urgent - I need to go and share some RT links!

Spike has shown us the full potentiality of disagreeing with a news source by simply arriving with another source that is corroborating the initial post.

Can there be anyone smart who disagrees with you?

Or are you the only one with correct thoughts in the world?

Casey is right.

Breitbart is guilty of reporting the facts from a conservative perspective.

If you are truly a liberal person who respects everyone’s human rights, it will not be the case that you have to treat the conservative opinion like toxic sludge nobody can encounter. You won’t agree with it, sure, but you will respect the people who have it and not be against sharing your society with them.

But people from Lemmy have rolled up here like they are going to get me to recant the fact that I read Breitbart in addition to dozens of other sources.

It’s riediculous &* I am glad that Casey is here to do some of the debating int he comments with me.

I am actually part of the moderator team here & the general ethos of Hilarious Chaos is the allowance of divergent opinions and all manner of discussion.

There’ll be no banning of Breitbart news here, lol.

Aw, is “Snuz” supposed to be for ‘snooze?’

Because at first I thought you were talking about snus and snus is awesome.

Goodbye, Phil! I am not sure what I will do without all of your witty commentary and posts through the years.

Let us know if you have a change of heart.

You got triggered because someone else shared a link to Breitbart?

lol