The plan is to let prices go up (predictably, given tariffs) while forever promising people that prices will come down soon. I'm sure it will happen right after the wealth Reagan promised finally trickles down.
this post was submitted on 28 Jan 2025
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Ah, like Infrastructure Week 2.0
The actual Trickle Down economy: Getting drenched in a golden shower while waiting for your millions
Fun fact: "trickle down economics" is just rebranded horse and sparrow economics. The idea being that if you overfeed your horse, it won't digest it all and the sparrow will be able to sift through the horse shit to find bits of food to eat.
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Meanwhile they will keep finding and making enemies to blame the high prices on.
The republican plan is to lie and get elected so they can rape the nation. They don't care about citizens. They are here to make money and take yours.
Conservatism is an oil drill trying to drill entire countries.
Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.
Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.
FFS. How many times were the Democrats and others declared "elitist" and "out of touch" when they pointed to ACTUAL indicators of a good economy under Biden?
Now, when prices jump, they are telling people to drink gawdawful shit like Taster's Choice? Gosh, that doesn't sound like mansplaining or paternalistic or elitist or all the other things I was told the Democrats supposedly were being....
I bet that fucker Kilmeade who I'm sure is being paid millions per year to be stupid on television is not going to be drinking shitty coffee himself. Everyone else can eat cake, though.
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Instant coffee which is made from instant and not from coffee?
Those maga dead brains really know how to solve problems.
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With the tariffs you'll be settling for Columbia's Shame instead.
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“The way that you lower prices is that you encourage more capital investment into our country,” Vance added.
This clown hasn’t a clue how the economy works.
There are only 3 ways to lower(that came to my mind) prices in a quick way.
1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.
2: More competition. If corporations have to compete with each other they usually start a battle over who gets the best quality for the lowest price.
3: Subsidies. Nothing to say here I guess.
Edit: Point one and three lower production costs. As others have already pointed out, these dont mean lower prices, but more profit for companys
4 - Reduce Profit Margin.
Corporate has dispatched a kill team to your location.
Corporations don't willingly give up money. In circumstances like 1 and 3 they'll more likely just say "thanks for making line go up more" lol. COVID imposed some supply issues that I would assume are mostly mitigated by now, but I haven't seen costs decrease, only increase--so now we have record profits in many contexts. Subsidies can sometimes help, but it seems to me that the most effective subsidies (in terms of lowering cost) are those with significant, more powerful corporate players downstream (e.g., corn in the US) rather than those purchased by individual consumers who have comparatively little power.
I don't know that 2 is necessarily quick, but competition can indeed lower prices if a competitor can actually survive against the behemoths in their respective markets. In those instances, corporations can try to shape regulation to squash the upstarts while leaving the big players alone.
I'm not sure that government really has the ability to lower prices in a way that isn't somehow perverted by large corporate entities given the power they have.
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1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.
I think corporations have pretty clearly demonstrated an unwillingness to pass savings in their production chain on to the consumer. For example, very few items have gone back down to their pre-pandemic price point, even though scarcity and supply chain issues from COVID have largely resolved.
Nationalize the companies involved in production and distribution and eliminate profit, making and selling everything at-cost also works.
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It's all gonna trickle down any day now, right?
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It seems like it's kept in the same binder Trump keeps his healthcare plan and his plan to end the war in Ukraine
Trump just wants to be president, he doesn't want to do president
Eggs.. Now coffee.. TIL conservatives hate breakfast.
It's because those gays run bed and breakfasts, up next on the docket for conservatives are beds.
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Columbia's biggest export to the U.S. is crude oil. So oil prices higher from Canada, this would have been higher oil prices from Columbia... But I believe he didn't do the tarrifs. Guys a dumbass
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You mean the man who said he had concepts of a plan didn't have a plan? Color me shocked.
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Same as their healthcare plan.
Listen, I've heard from a very reliable source that there is a concept for a plan.
Nothing will be done to help regular people. All the talk is cover for the grifting and destruction.
increasing capital investment and job creation.
So giving rich people money, same plan as the last forty years.
Brilliant.
Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee.
Translation:
Let them eat cake
"Supporters, however, downplayed price hikes, suggesting cheaper alternatives like instant coffee."
Almost like it was never about egg prices at all for alot of them
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Oh hey, that's his plan for healthcare costs too.
Funny enough, not his plan for how to resolve issues with minorities wanting rights
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suggesting cheaper alternatives (to coffee) like instant coffee.
I... I... I can't even. What do these people think instant coffee is? It's still fucking coffee. Freeze dryed concentrated coffee. You still need coffee beans to make it. The price hike will still make instant coffee more expensive too. You're. So. Fucking. Stupid. MAGA.
Most of these clowns have no idea of how basic economics work. They don't even understand basic US history. We tried the tariffs and isolationism route, guess what happened? Great Depression.
What a giant ass. He has nothing to offer at all. Just a fraud.
There's only one way to lower prices. Extremely aggressive government action that will never happen, especially under a Trump adminstration.
First, they would have to hold Congressional hearings and drag the CEOs of these large corporations in front of the House to explain why their profit margins are going up far faster than normal inflation pressures should dictate, and why this trend started during the COVID pandemic. Let these CEOs try to explain away the price gouging and the profiteering. Hold CEOs in contempt if they refuse to answer or give one of those meaningless word salads of buzzwords meant to say a whole lot of nothing, and actually start jailing these bastards for 30 days for trying to tiptoe around it.
Tax profit margins that are above 2019 levels for the industry at 100%. If the average profit margin for the industry in 2019 was 5% and your company suddenly has a 10% margin in 2024, then tax that additional 5% at a 100% tax rate. Make price gouging both illegal and pointless since the government would just take it all anyway.
When CEOs start having to make regular trips to Washington to explain why their profits keep skyrocketing and the government comes in to take all that excess profit anyway, and watch prices come back down.
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Trump should tax the chickens and deport the ones who don't produce eggs. That'll scare the others to ramp up production. Trickle down theory for the win. /s
Does this surprise anyone? I doubt they even have concepts of a plan, because they don't give a fuck.
We told you so.
He didn't say there were concepts of a plan? This is outrageous!
So… wait. A conservative laid out a rug, somehow got themselves elected, and then…. pulled it? As a big fan of rugs, I must say that I am very upset by this.
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