What dims don’t understand about economics and have caused by pandering

@iamthe99 Have you ever sold a product to a customer outside your country?

You’ve bought into the elite scheme of cherry picking a single part of a larger economic plan. Think for yourself and think everything through. @iamthe99

@georgelong

Well the one person who isn't thinking things through is Trump. You see, his tariffs are working EXACTLY as they should be, and he doesn't like it.

Take Trump's beef with Walmart:

He is now blaming them for rising prices in response to the tariffs. He says that they should eat the cost of the tariffs and not raise prices on customers.

This proves that Trump doesn’t understand how his tariffs are supposed to work. If prices don’t rise in response to tariffs then they don’t deliver any protection. The tariffs only work because the prices go up.

The tariffs are supposed to make Chinese goods more expensive than American goods. That’s the whole point. If Walmart eats the prices on the tariffs, then there’s no incentive for consumers to choose the American-made version of products, if it even exists, because they are at a base line more expensive.

As I've said. Trump’s policy is working exactly how it’s intended to and he doesn’t like it. Trump also claimed that countries pay the tariffs, not consumers - which obviously judging by Walmart raising their prices is not true.

Oh and if you want to look at the "larger economic plan" - Trump also said that the tariffs are there to replace the income tax and make us rich, but that they are also there to increase manufacturing. It can’t be both!!

If you import less goods because you’re producing more domestically, the less tax revenue you’re getting and the less “rich” you’re becoming. This is like basic Econ 101 stuff.🤣

He is simply asking large US companies to participate in the larger economic planfor brief period of time so that everyone benefits including them. That being said you’re an uninformed meddlesome foreigner. @iamthe99

He’s a foreigners who at best empties dustbins. @JonUK41

@georgelong Trump is the one who is uninformed. He believes it's the foreign governments who pay the tariffs, and therefore there are no extra costs to pass on to the customers 🤣

@iamthe99 I'm curious what do you actually do for a living?

My guess is you're some kind of IT guy, seen your kind quite a few times.

@JonUK41 ooh I’ve touched a nerve. You’re clearly angry that you have no real rebuttal against my points, and so you turn it back on to me.

I’ve seen your kind before, too 🤭

@iamthe99 So I was right. IT nerd, decent money to be fair and you must be pretty bright. Maybe one day you'll make £100k in a year, I'd change the language you use if I were you.

Never sold anything, never managed anything and never employed anyone.

Angry? I'm laughing at you - as is anyone else with a clue.

@JonUK41 For what it’s worth my job is not in IT and if I made 100K in a year that would actually be a relatively hefty pay cut.

People are laughing at Trump and his kindergarten grasp of economics which is doing nothing except raise prices everywhere.

@iamthe99 Good for you - are you going to tell us what you do?

@iamthe99 Come on mate, don't be shy tell us how you make over £100k a year.

@JonUK41 my field is renewable energy.

@iamthe99 Of course it is. But you're not bright enough to be a scientist/tech/IT worth £100k, maybe 50 on a good day. You don't manage people, you're not financially savvy and clear from your posts that you couldn't sell a rope to a drowning man

Don't be shy. What is it you have that makes somebody pay you > £100k?

@iamthe99 It’s only a tax if you buy non-American goods.

America is expanding its entrepreneurs, we will have a boom of in house production.

So at that point it’s just a voluntary tax for specific items.

And also it’s only a sales tax. It’s not every single item that will have it.

And eventually through the mass influx of entrepreneurship, eventually the amount of goods that will have those taxes will be less than 5% of the items available on the market.

3% of which only the rich could purchase regardless.

You people are so horrible at economics and math it’s virtually astounding how poorly the scholastic system has failed people growing up.

They are very fine “low information” types retaining part of what they hear from the biased source of their choice. @AuRevoir

Not just tariffs going both ways but also removing many layer of trade impediments created by foreigners. @AuRevoir