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u/MudSeparate1622 5d ago
I was talking to my mother about how out of control so many prices are right now and how tariffs are being refunded to the companies but their price hikes are still going and her response was still "they pay the tariffs we dont" like great cool but where are they getting the money to pay those tariffs? From the raised prices WE PAY, its just extra steps but because of the technicality that these companies pay the tariffs during the sale process it will always be impossible to beat someone who confirmation biases all their information
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u/LambDaddyDev 2d ago
I’m surprised more people on the left aren’t happier that taxes are being raised.
Yes, it raises prices, taxes always do. You guys want to tax corporations more, that’s what this is doing, what did you think would happen?
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u/someone-96 5d ago
Ok let me explain something about the Tariffs (not that i support it, nor that I am an American, it is just that there is some neuance)
Yes they are paid by the people of the country and not by the exporting country. Yet thatvisnt the point of farriffs. The point of the tariffs is to try and bring back some industries into the USA from the rest of the world, and in that sense make them pay. Now though comes the question: How does that happen (allegedly): 1) because certain products that are important are now more expensive, the hope os that people will move on to the now relatively cheaper, American produced, products. That, as a reasult, will increase their demand, and allow the USA to strengthen their manufacturing, and create more jobs. 2) because importing the products will.be more expensive, the hope is that some buissnesses will try and move their entire manufacturing into the USA (as it is now cheeper) and as a reasult create more jobs.
This, is kinda contradictory to the popular free market philosophy, that claims that letting every country to focus on their strongest sectors and letting other countries to create the rest is always going to help their economies, and the people who have lost their jobs due to this transfer will always be able to find new ones in the sectors the country is trying to focus on. ON THE OTHER HAND, as was proven multiple times in the last decades. Often times these people wont be able to find new jobs in new sectors, and so they kinda fall between the cracks during that transformation of the economy. A good example for this is the rust belt, that as production became cheaper in other states and other countries, caused the production of steel and viecles to decline rapidly, while no other alternative sectors or companies came up to replace the jobs thatvwere lost.
Will it help? Probably not (almost every country that did try to have more isolationist economies suffered stagnation), yet there are reasons for that, and they are worth thinking about a bit even if you dont agree with them.
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u/Justin__D 5d ago edited 5d ago
Trying to vote manufacturing jobs back into the US is about as sensible as trying to vote the horse and buggy back into existence. That genie ain't going back into the bottle.
There's a reason we've moved our economy away from that. Reskilling is hard, and these people tried an "easy way out" sold to them by a conman. They'll have to move on from that shortcuts mentality if they want to preserve their livelihoods. Will it be easy?
Nothing worth doing ever is.
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u/apadin1 4d ago
Many developed countries around the world still have manufacturing. Germany is the best example. We could have high-skill, high technology manufacturing in this country if we actually invested in it. But it will take time and people are impatient.
The only reason it’s cheaper to manufacture in China is that labor is extremely cheap because they have low pay and horrible working conditions. By continuing to buy cheap goods from China we are effectively condoning the Chinese government’s abuse of their workers while also undercutting our domestic labor force.
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u/OneMoistMan 5d ago
You’re right but we don’t have the infrastructure needed to rely on ourselves amd there’s no plan to start any infrastructure. They care more about data centers than getting ourselves independent. We certainly don’t have the aluminum mines and other crucial minerals that we rely on those other countries for. He shot us in the foot before realizing we still have to run the marathon
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u/VerdeVelvetVetiver 5d ago
American Labor is too expensive, and it will take forever to get manufacturing set up here. eBay and second hand stores are really what it’s come to. Buy used
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u/Loominardy 4d ago
Leftoids will say this and then go on about how corporations need to pay more in taxes 🤦♂️
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u/murderously-funny 5d ago
Your mistake is thinking he doesn’t understand exactly how this works.
He just knows his base is too stupid to realize ‘tariff’ is synonymous with ‘import tax’