Trump fumes and again insists companies pay tariffs and won’t cause inflation
(www.independent.co.uk)
“Lying fraudster lies to defraud the American people” FIFY
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So do Americans (edit: who support Trump) understand that they are the ones paying the tariffs? When Trump tells them how many billions he's collected in tariffs do they realise it's their money he's collected? I keep wondering if I missed something...
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A large portion of Americans are dumb enough that they will believe him.
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There are two options. Companies raise prices, or companies reduce earnings.
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He's still wrong. He's still lying.
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Then why the fuck do you argue against raising taxes on corporations? Why do tax breaks mean "more jobs, more growth" but somehow a literal tax on corporations in the form of tarrifs don't affect the economy?
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ah the joys of the free market where the political leader tells free market companies where their prices should be set
That's not how any of this works, you dumb fuck.
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Trump and anybody who listens to him continues to be an idiot. More at 11.
He’s so dumb, he doesn’t even know how tariffs work, good job America electing an absolute dumbass who couldn’t even pass a civics class if he had to!
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If the economy is good, the accepted wisdom is interest rates go up
You idiot, you should have said "I told you so,"when the jobs report came out bad and added that the "high interest rates were killing jobs."
He us right. Then companies make their products cost go up to compensate. Nobody works for free. Much less Americans!
Such a dumb argument. Now only is it simply untrue, it wouldn't matter if it were true. If Chinese companies paid tariffs, their prices would go up and cause inflation. Instead the importer pays, raising prices and causing inflation.
Of course the consumer is the actual end payer in both scenarios.
That's because dumb dumb dementia donnie probably doesn't even understand how tariffs work.
Compulsive liars gonna lie.
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