Ah, here come the price controls. How befitting. 🤡
@wsj.com $GM $F $STLA
https://www.wsj.com/business/autos/trump-tariffs-automaker-prices-warning-928bc7a9
@wsj.com $GM $F $STLA
https://www.wsj.com/business/autos/trump-tariffs-automaker-prices-warning-928bc7a9
Comments
Whats next?
A command economy?
#resist
Glad our RAV4 was made in Canada.
That means repairs and maintenance costs will increase.
And the CEOs certainly won't take a pay cut
Which means employees will be fired
Heck of a job, MAGA
You voted for higher unemployment
Heck of a job
So he wants workers to earn 25% less, to compensate for tariffs, then pay tariffs again when they buy things from out of the country.
This time, workers need to revolt on behalf of their companies
That's not how it works...
Sound like a solid business model, if you’re trying to bankrupt them all, that is. I see future multi-billion dollar bailouts coming, all with taxpayer money.
The US is so screwed at this point.
I hope they will give him the big finger
A reminder that autoworkers voted for Trump overwhelmingly. I'm usually pro-union, but fuck 'em. May they get what they voted for.
Like that's ever going to happen
As a short form it flows off the tongue
It will be shut down very quickly
I used to be in automotive too, glad I'm not now, lots of nervous people with mortgages to pay where I used to work.
“Only when the tide goes out do you discover who’s been swimming naked,” - Warren Buffett
this is pure fascism!
https://en.m.wikipedia.org/wiki/Liberalism_in_the_United_States#:~:text=The%20United%20States%20was%20the,established%20religions%2C%20the%20federal%20government
Government directly influencing free market decisions = America first patriots
As though the industry and shareholders are going to swallow the cost
Soooo conservative!
He appears to be brain damaged.
He doesn't act as a man with a brain he's incredibly stupid.
But, he's a sinister, unscrupulous businessman who'll rid everyone he doesn't like including the law.
Let's not forget he'll take the money.
He'll be dead soon enough🙏 or to quote evangelical speak in "Jesus'name". Amen.
He is exceptionally good at lying, conning folks and manipulating the media.
They will increase prices shipping cost etc. we will pay. It’s called go around behind. Call it something else. Lie
This guy knows as much about economics as my cat.
To cut jobs.
Let them experience copious amounts of FAFO.
A business needs to profit.
Trump is more communist than they claimed Harris is.
And hope you'll all be grateful for bread and circuses
The billionaires need *more*
They'll continue to get you all to agree less people deserve real wages
He's going to start sending cops in to shut them down?
That's a line, people. A huge line
As we say in Dutch: "Goeie!"
🇮🇪🇪🇺
Of course it never was communism in the first place, rather it was a Dictatorship.
Communism has never existed other than as a "tactic" of control for despotic dictators.
Kind of like religion.
Same “stuff” different day.
Power corrupts . . .
In Russia the transition from Communism to Fascism/Oligarchy with a momentary stop at Democracy is truly amazing, confirming it’s all about power & greed.
Fascism is here and it's protectionist, isolationist, and does not benefit the market as a whole, but only people with investment in key industries: war, prisons and whatever pet projects are convenient to power.
Less people buy new cars.
Auto workers are laid off.
An excess of workers leads to lower wages.
The companies lose money.
The workers lose money.
The government gains money from the tariffs to give to the billionaires.
The whole thing is disgusting.
Almost like they figured out how to do inflation for only non wealthy people.
Cuz face it, the wealthy literally do not know the difference between 10,000 and 50,000 dollars
21% are illiterate
31.5% of registered voters put a cross next to his name
Is it clearer now?
Imagine how stupid the average person is, and just think, half the people are even dumber than that! ~ George Carlin
It's easier to dupe people than to convince them they've been duped. ~ Mark Twain
"Can people really be that stupid?"
They want to siphon the currency out of America and prop it up with bitcoin.
1 in 15 quadrillion chance of winning all swing states with less than 2% margin of victory nationally. 🤷
Trump is a moron.
2. Tell them not to raise prices
3. They're closing down because of woke and DEI
@gop bent the knee
& lost the democracy
They love a level-playing field until they figure out how to compromise the system.
That’s so…. socialistical (sic)…!!
Or else they’re afraid of something similar to the anti-Milei riots in Argentina, only avec added gunfire condiment…
So it's state controlled pricing ie communism.... stop blathering in defense of all this absolute shit coming out of the USA (2nd Oblast of the USSR)
Communism at it's best; what could go wrong?
It is sad how easily the MAGA cult is for him to manipulate.
I can't love that enough!
Your oppression is their profession.
Prove me wrong.
Remember the GOP party touting that against Biden
I do
The contrarians still functioning
& minions yell burn it all down
So for every price control & Tariff used to wreck the economy how many kick Backs does Donnie get? No really, a commission
Because ABC, Meta, CBS gave theirs already
to break out amongst the Republican
donors. I have a hard time believing
actual price controls will be imposed.
More likely mobster techniques
will be used to attempt to force
these companies to just die without
much of a fight.
Yes Mr. President..! Very good, sir… Sales are up, thanks for asking. Uh-huh…uh-huh…uh-huh…I see. Raising prices because of your tariffs will be a criminal offense. Got it.
Well shit.”
Go to Settings, then Accessibility, and make sure "Require alt text before posting" is toggled on - this will prompt you each time you add an image to your post!
Outside of ruining our relationships with every country in the world 😂😭😭
Everything is fine I’m fine
Stop with the low effort BS
He’s essentially extorting Ukraine, trying to profit from her crisis!