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porbelm | 1 year ago

But... but... Trump's policies are even more tax breaks for the rich and tariffs on everything, do people not understand this?

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lynndotpy|1 year ago

I'm not sure if you're being rhetorical, but people in the United States generally do not understand this. Even among those who are pro-Democrat, the differences in tax and tariff policy are usually not the top three issues.

mbg721|1 year ago

It's pretty hard to run a campaign on "change" when you're the incumbent and nobody voted for you.

justin66|1 year ago

Narrator: people did not understand this

andy_ppp|1 year ago

I think they just assume things can’t get worse so f** it. Most people only vaguely know policies and are voting based on feelings.

kelnos|1 year ago

Many people in the US believe that the target country is the one who pays the tariffs, and don't understand that they pay for them, at the cash register.

jampekka|1 year ago

Plenty of people have good reasons to support tariffs. Free trade destroyed a lot of industries and adjanced communities and the free trade fans didn't give a damn about them.

seanp2k2|1 year ago

Do…people really think that prices will go down when cheap foreign labor is off the table? Do they think we can establish replacement infrastructure at comparable costs in months or a couple of years? Will they want to work those jobs for comparable pay to keep the costs of goods stable?

Veen|1 year ago

Yes, but voters are forced to choose between the fuckers who screwed them yesterday and the fuckers who will screw them tomorrow.

tjpnz|1 year ago

We'll have to wait and see re: tariffs, but the democrats are no different on tax breaks for the rich.

EricDeb|1 year ago

Didnt Biden want to raise taxes on those making more than 400k a year or something?

jampekka|1 year ago

Biden was all in on tariffs too.

Urahandystar|1 year ago

He gave out money during covid that reasonates.

theshrike79|1 year ago

You mean: "He put his name on checks sent out" - it wasn't his money and it would've gone out anyway.

fny|1 year ago

Go look at a chart of income inequality. It hasn’t improved under any administration. So why do they still feel Trump is the answer? Inflation.

astrange|1 year ago

Income inequality hasn't increased in the US since 2014, and sharply /decreased/ since 2019. The current administration did an amazing job at improving it!

https://recruitonomics.com/the-unexpected-wage-compression/

(Note this is about wage inequality, which strictly speaking isn't income inequality. The best policy for income inequality would be bringing back the expanded CTC.)

But the median voter doesn't actually like this, because they have above-median income due to being older, and this means service workers got more expensive.

j-krieger|1 year ago

"America first" includes economic policies that drive up commerce, even at the cost of our allies. German news is full of VW and other auto executives wanting to leave for production in the US. Trump's tariffs mean companies will just want to produce in the US and export outside it. And it's working.

Do people not understand this?

andy_ppp|1 year ago

The idea that you’re going to be producing iPhones or other mobile phones in the US (for example) is extremely unlikely in the next decade. It will be interesting to see the chaos he causes if he goes through with this and the plan to deport 20 million people.

astrange|1 year ago

Tariffs will make this much worse for two reasons:

1. importing your inputs becomes more expensive.

2. other countries will impose retaliatory tariffs on your exports.

This is not how to do economic development; Asian countries instead used export promotion. (…And wage suppression and currency weakening.)

tomrod|1 year ago

Tariffs are an unnecessary price increase. To use your example, there will be some modest net growth of manufacturing at the expense of higher prices for everyone, typically dominating any net growth in jobs.

redeux|1 year ago

We lack the critical infrastructure and skills to produce a lot of these things, so it won’t just magically restore jobs but it will increase taxes for the foreseeable future.