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Leopards Ate My Face
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You don't pay the import tax if you buy goods from within the country.
The goal seems to be to drive sales to American businesses with American goods. Until it's cheaper to buy American goods than it is to buy Chinese goods. Reversing the roles.
Yeah but you need to have some sort of industrial policy in place as well - to build infrastructure and subsidize onshoring. He's doing the opposite. He even cancelled the CHIPS Act, which was aimed at onshoring semiconductor production. No company is going to open manufacturing facilities in the US under this enormous economic volatility and without any government help to get started.
He's an abject fucking moron who, I'm convinced, is trying to reset wages and create a class of low paid wage slaves while funeling huge amounts of money to the wealthy. He's certainly going to cause stagflation and astronomical wealth inequality. If he succeeds fucking with interest rates he may cause hyperinflation. If the US loses global reserve currency status, they are proper fucked.
At this point, it can only end one way. Even if he's out of the picture, the damage he's done will last for a generation at least. He may have already torpedoed US economic superpower status.
i wish it was less embarrassing to be wrong so that people like this wouldn't feel compelled to (checks notes) do whatever comes after octuple down
https://youtube.com/shorts/GHHvAy7Jk5M
This is quite good. Sorry it's a short.
That guy was really patient while explaining to the magat. I'm disappointed in it being a short, and accept your apology 100%. At the same time I'd like to say thank you for posting it. Just sent it on to a family member.
Every time I think the level of dumbness can’t get any lower someone like this guy appears and proves me wrong.
Wtf