• withabeard@lemmy.world
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        3 days ago

        When America gets sick, the whole world coughs.

        Sadly we’re all in the inside of this one

      • magic_lobster_party@fedia.io
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        3 days ago

        From the outside I’m mostly concerned about the future of the NATO alliance. Trump threatening to annex NATO allies wasn’t on my bingo card.

      • volvoxvsmarla @lemm.ee
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        3 days ago

        For someone with family ties in Ukraine, being on the outside is still incredibly terrifying. Let alone that Muskfuck is now promoting AFD

              • Bogasse@lemmy.ml
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                3 days ago

                The posts you reply to have been deleted, but I’m assuming it’s talking about “taking responsibilities about the people’s vote” based on this single quote…

                From a foreigner perspective it’s hard to imagine how a federal election is perceived for Americans, because your country is so big with so many states that have completely different mindset and economics.

                In Europe we have a shared parliament that works on making compromises on some topics, but I guess a global referendum would be a huge mess too.

                • curbstickle@lemmy.dbzer0.com
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                  3 days ago

                  Frankly the whole thing needs an overhaul. Between land having more of a say than people, a structure for congress that hasn’t appropriately resized, FPTP voting… Its a mess.

                  You can easily end up with the tyranny of the minority as a result.

  • Monkey With A Shell@lemmy.socdojo.com
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    3 days ago

    If tariffs worked at all like Donnie portrays, to revitalize domestic production and promote local jobs, to help balance a trade deficit, and allow for market choice based on quality more than price, it might be useful.

    The reality though is that the American manufacturing and industry space is functionally dead. We’ve shipped production elsewhere to reduce costs and that’s not something that’ll get reversed in any short order. All his big talk will do nothing beyond get the additional costs passed onto the buying public while the producers keep laughing all the way to the bank. They’ll take any extra taxes gained and put it into the military budget and continue stripping public good services to the bone all while cheering how great we’ve become. Look at the new carrier group we’ll build! So much winning for us both domestically and abroad!

    • Oneser@lemm.ee
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      3 days ago

      Here’s my uneducated take, with little to no understanding of what’s going on in detail:

      US public debt is at extraordinary levels. The treasury is hesitant to issue more debt and Donny doesn’t want to start his tenure with raising taxes on poor people (that will come in a few months, under the pretense to raise money for war with China or some shit). Therefore, he needs to collect money, whilst appeasing to right nationalists & business. Enter: Tarrifs.

      Destroy my armchair take!

      • thejml@lemm.ee
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        3 days ago

        He’s already planned tax “cuts” that only cut taxes for those making north of $500k/yr. They go up for everyone under that. So we got both!

      • Monkey With A Shell@lemmy.socdojo.com
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        3 days ago

        The last time we had a balanced budged was during the Clinton years. Now I was barely out of high school and hardly paid a bit of attention to such matters at the time, but then there was a little event towards the end of 2001 that turned everything upside down. The military and police became supreme concerns and letting The Market™ fix everything was the name of the game under Bush. So much so that we got to experience the 2008 collapse during the Obama years in a major part due to the banks giving loans to people who couldn’t pay them on properties that where massively over valued. We’ve never managed to put things back in order since, in part because the climate got so polarized that ‘my team’ could NEVER support anything in the least that would be supported by THEM.

        Throw in a dash of citizens united completely shifting any sense of public input into politics for anyone not a multi millionaire or more and some populist prattling about the good-ol-days and you get what we have now where a big chunk of people who can’t care to think for a moment of the actual policies being proposed beyond which team put it forth and you have a lovely recipe for an open pillaging by those with the power to do so.

        Yeah, part of me wants to just shut off the news for the next several years, but unfortunately being prepared requires being aware…

        • Oneser@lemm.ee
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          3 days ago

          True, but I don’t think anyone expects a balanced US budget at this stage of global economics. IMO a loss of the AAA rating would tank the economy significantly and risk a massive corporate backlash. This will make the government’s stance untenable and cannot simply be solved by issuing unlimited debt.

    • mnemonicmonkeys@sh.itjust.works
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      3 days ago

      They’ll take any extra taxes gained and put it into the military budget

      Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can’t develop and/or manufacture replacements fast enough

  • Fandangalo@lemmy.world
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    3 days ago

    This comic misses the incentive for local businesses to chase the new profit margin created by the tariff.

    If your competition is import goods, you may sell a quality product at $2, with the import version at $1.50. If the tariff causes the import to rise to $2.50, then the local capitalist will raise to $2.40. There’s no reason not to take the extra profit made from a selfish perspective.

    Alternatively, the importer could leave the market. But now you have a monopoly, which again, is anti-competitive and leads to raised prices and malicious practices without consumer protections, which the administration seems to be firing.

    These are great moves for capital owners to reshape and control market. Consumers will suffer.

  • shawn1122@lemm.ee
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    3 days ago

    Really not the time to sleep on China if you want to keep your Imperial empire guys.

    China completely ravaged US manufacturing and y’all are still in the corner wanking over ‘cheap Chinese product.’

    China doesn’t just make the cheap things you use. They make everything you use.

    Stop licking your wounds with petulent little jabs like this and start finding a way to compete. You know, the way your sacred free market dictates that you should.

    China went from making cheap things to making everything you use cheap with either you or the American corporation you purchased from pocketing the difference.

    They’re on a path to making things better than the US and once they do, we’ll have a new world order. If the US doesn’t wake up now, the second half of this century will be very different than the past 150 years.

  • SoJB@lemmy.ml
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    3 days ago

    “Hahah how true,” the liberal said as they view this on their Chinese made iPhone.

    Really revealing American racism for what it is. But please, keep it up. People are noticing, and you’re losing more voters.