People believe so much in corporate greed that they think a company can literally swallow more than the price of the good (given Chinese tariffs of 145%). They’d pay $245 for the privilege of selling you a $100 item.
Reposted from
Catherine Rampell
horseshoe theory strikes again
Comments
Unions, wobble.
Take a staycation.
Share the strike with your local news & national social media platforms, companies and family members.
Support the strikers by working together, introduce a barter system, provide bail, food, sanitation, etc.
With the Dems I sort of expect a baseline level of static on that front and have kind of priced it in, but isn’t this supposed to be the whole GOP brand?
The only thing that’s real is their hate.
Misogynists.
under capitalism, correct: the company should not lump the cost, neither should the consumer.
again, capitalism is inherently flawed and needs to be overthrown.
I haven't seen revisionist marxism work anywhere in history (with exception to Deng's reforms in China), but okay, literally I would rather not have to give my life in glorious bloody revolution if I can help it.
(I mean, I will, but)
We are all affected.
Time for ALL of U.S. to:
Stop whining!!!
START WINNING!!!!
(U kno what Im trying to say…)
https://linktr.ee/revolution2025
HOPE FOR ALL TO ORGANIZE and FIGHT!!!!
NOW!!!!!!!!!!
You don't think he just pulled a massive boner, do you? Or worse, lied to us? That would be so out of character!
MAGA: Literal communism how fucking dare you???
-------
MAGA 2025: Every company will pay 100% taxes and your kids will get one toy a year and work in sweatshop building those toys and you'll fucking like it
* another commenter cited 10% margins, so this is a generous increase
And I agree in principle that it's ridiculously unreasonable to expect a business to swallow 145%
So no point in me being argumentative 🙂
I believe this is saying the price (& shipping*) is about half the overall cost, so call it 20% gross profit margin?
* those fees are going up, in addition to tariffs
It would dent their profits, but who cares?
Their mark-up on that stuff is more like 1-5000%
Trump's 50¢ Chinese 2028 MAGA hats he was selling recently for $50 will have a mark-up of around 10000%
Americans think workers deserve to be well paid and well treated. But they have NO qualms about buying cheap shit from China (et al) and pretend like those workers aren't being poorly paid and treated.
This has cost us our economy. We will rebuild it. The hard way.
Trump is the wrong answer to the right question.
One doesn't make decisions because something's easy or hard. Decisions are made based on what's best.
GOP and Dems have always disagreed on how to manage an economy. Trump isn't doing anything new.
The burden is on us to work as a team to rally behind him.
That's proven to be unsustainable. Every dollar that leaves our country is a dollar we don't use to fuel OUR economy further...
Obviously it makes no business sense but neither does 145% tariffs
It will take their best and brightest.
They’ve created a court of yes people, who either don’t get it or would never say it.
Navarro spun it to show a 3% growth in our economy, there's no honest agency left in our federal compromised government
The answer is ZERO.
Nations DO NOT pay tariffs.
https://fortune.com/2025/04/16/how-to-pay-tariffs/
Perhaps this is something he didn't think of when he ran casinos, generally thought by most to be a licence to print money.
By building a business that puts countless American business OUT of business, and caters to short-sighted Americans who are willing to sacrifice their beliefs on how workers should be treated so they can have cheap products, Bezos has contributed to the destruction of our economy.
umbrellas up!
That would consolidate market share, per your strategy. Brilliant!
I suspect we'll know anyway.