Working on zeroing out all my trade deficits. Whenever I go to a store to buy things, I'm going to demand that the store buy goods from me of precisely equal value. I'm going to be so goddamned autonomous.
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Then I should probably ask you for a refund on my Patreon contributions. Since we don't count services anymore, I have received nothing in return for my money (that's sarcasm and all that, because these days your probably have to mention when you're not seriously being an idiot).
fyi..
• Tariffs + Fed layoffs + long unemployment lines = recession.
• Civilized world knows US is run by a vengeful moron. World will avoid US as much as possible = no tourist visits, no student VISAs, no nonessential trade.
• Trump + Musk + MAGA Congress = years of recession.
• YEARS..!!
and if the store doesn’t buy an equal amount from you, you will have to increase the tax on them so that next time you go to the store you’ll pay more.😬
These tariffs will be reconciled to a GST/VAT tax. A GST/VAT tax is the dream of every billionaire!
Why? GST is a regressive tax that taxes daily consumption (like food and clothing) unlike the current progressive code that taxes wealth&income.
A Faustian choice will be floated b/w GST & Tariffs.
As a volcano blocks out sunlight, can we hope that tariffs will significantly reduce consumption (energy use, transportation, shipping, etc) worldwide and thus reduce greenhouse gas emissions that accelerate climate change, just a little? Looking for a sulfur lining...
Not to over-explain since I know you're a very smart person, but that's exactly what money is. As long as your exports (wonderful content, especially on physics) exceed your imports, you have a trade surplus.
Isn’t it incredible that this all stems from the fact that he doesn’t know what “trade deficit” actually means? Same goes for his lack of understanding of the term “asylum seeker.” He has no one around that has the courage or will to let him know off target he is. Reminds me of HBO’s “The Regime.”
Do you think he actually doesn’t know? Or is he willfully ignorant? I just can’t comprehend how someone can be the actual incarnation of “in through one ear and out the other.”
If you knew the position and velocity of every element of the universe and the laws of physics at the time of the Big Bang and had unlimited intelligence would you even have predicted this?
Comments
• Tariffs + Fed layoffs + long unemployment lines = recession.
• Civilized world knows US is run by a vengeful moron. World will avoid US as much as possible = no tourist visits, no student VISAs, no nonessential trade.
• Trump + Musk + MAGA Congress = years of recession.
• YEARS..!!
Why? GST is a regressive tax that taxes daily consumption (like food and clothing) unlike the current progressive code that taxes wealth&income.
A Faustian choice will be floated b/w GST & Tariffs.
Shit, I feel Netflix is winning that trade.