I think the tariffs will wind up a disaster. But I thought they'd have sunk our economy quicker, which they haven't. Meanwhile, AI keeps the stock market bubbling upward.
It seems to be working - companies that bought $2 China doohickies that sold them for $5 are now paying $4 and now charging $6 and you're going to get $2000 for buying that doohickie for a dollar more.
Meanwhile people that are in the working class don't buy doohickies, they just buy American grown food (for the most part) in this economy, so they aren't suffering much at all from the tariffs.
It almost makes trump sound like Robin Hood.
maxerickson•24m ago
Why are they removing the tariffs on beef?
maxerickson•24m ago
A bit rich to start off by conceding that the policies are coherent.
techblueberry•52m ago
Have they appeared good? What am I winning?
JumpCrisscross•45m ago
Higher median usual real earnings [1].
I think the tariffs will wind up a disaster. But I thought they'd have sunk our economy quicker, which they haven't. Meanwhile, AI keeps the stock market bubbling upward.
[1] https://fred.stlouisfed.org/series/LES1252881600Q
almosthere•26m ago
Meanwhile people that are in the working class don't buy doohickies, they just buy American grown food (for the most part) in this economy, so they aren't suffering much at all from the tariffs.
It almost makes trump sound like Robin Hood.
maxerickson•24m ago