The Trump tax - in return for which you get absolutely nothing at all - ThreadSky

pgourevitch.bsky.social • 63 days ago

The Trump tax - in return for which you get absolutely nothing at all

“For the typical American household, the tariffs will mean a loss of about $1,200 in purchasing power, according to the Budget Lab at Yale University, a nonpartisan research center.” www.washingtonpost.com/business/202...

Comments

wndlb.bsky.social•63 days ago

I think my LG OLED needs are fulfilled at the moment (they're
Made in (wait for it) Mexico.

bob.vesterman.com•63 days ago

Ah, but that's where you're wrong: We get the satisfaction of sticking it to all those losers who care about humans and dumb shit like that

onealmp.bsky.social•63 days ago

We get less government services, less well executed, and the warm fuzzy feeling that Elon Musk won’t have to pay taxes on all that overvalued Tesla stock.

Somehow an even worse deal than just nothing.

oscarsmother.bsky.social•63 days ago

Plus a recession which will cost a helluva lot more!

wsquared3d.bsky.social•63 days ago

That number has to be not much better than a back of the envelope guess at this point. Still very early days. It’s complicated will be implemented by a bunch of incompetent ideologues.
Uncharted territory.