Poll Question: Should Companies "Eat the Tariffs?"
8trackdisco
a year ago
Haven't seen a conversation on this yet. Probably more that one answer could be given.

Vote and share your thoughts if you like.
8trackdisco
a year ago
ZRX1200
a year ago
We don’t have capitalism anymore. Companies won’t pay this, just like they don’t pay their taxes…

How about the conversation of was this needed, if not, the ramifications of status quo. And why it makes sense for a disrupter of a POTUS to take actions like this and why people people that tend to bleat for status quo are programmed to assume and have inherently biased prejudiced core emotions.

Nothing changes when you do nothing. And why are those who were paid for that not held to the same outrage as the free airplane guy?
RayR
a year ago
High tariffs are a regressive tax, which will always fall on the consumer to pay the price, and the poor more than the rich.
Nobody really wants that here...I think? 🤔 But there are a lot of crazy Americans out there.
Think of all the trouble the Tariff of Abominations caused during the antebellum period, or the Smoot–Hawley Tariff of 1930.
Greedy foreign governments have used high protective tariffs against other countries, like the USA, for decades to favor their domestic industries by pricing many imports out of their consumer markets. That has been the status quo, and a disruption of that is a long time coming.
Other contributing factors are of the domestic kind in the U.S., but that's another part of the story.
RobertHively
a year ago

I'm eating deer & homegrown vegetables.

I don't even have any tariff recipes.

What do you season a tariff with...?:-k
BuckyB93
a year ago
I'm not an economist so my superficial response is if the foreign counties charge us (random number) 50% tariffs, then we charge them the same.

Since the administration started playing hard ball, some countries have come to the negotiation table. Some corporations have committed and/or have invested in building plants in the US to avoid tariffs. I would say that is a positive.

Will the price of goods increase as a result of doing so in the long term, I don't know. I think we have a plethora of folks that can work but chose not to and live off the government handouts. We need to reinvest into our economy here at home and rebuild our home base.
frankj1
a year ago
Rand Paul, of all people, has some interesting stuff to say about all this.
drglnc
a year ago
after self reflection, my issue isnt REALLY with the actual tarrifs... yes the consumer will pay them... period... but, my issue is with the haphazard on again, off again rollercoaster of ready fire aim that the administration has been applying to everything in this newest term... its my same isssue with doge and the fed governemnt cuts... cutting things that then have to be reveresed instead of laying out a real plan in advance and providing enough tome for negotiations, planning, and proper execution.

i have a perfect example that literley came up at my work yesterday... i work as a contractor for Department of State... we were informed that a a specific contract is being terminated "for convinence" effective almost imediatly. this contract has direct impact on the cabinet level agencies network security and ultimatly nathional security... all employees related to this contract are being let go and so far the department has not even said who or what office will take on these tasks... these are not tasks that can simply go away... they must be performed and several member of the team related are regulary honored for the work they do by high level DOS officials... its not being cut for ineficiency, not being cut for bad work being done, not related to DEI or any other liberal agenda... no handover period is scheduled, no contacts for hand over, no plan in place... no, ready, no aim, just fire...
HockeyDad
a year ago
Walmart is the best retailer in the county. They should eat the tariffs which will mostly affect their Chinese and Vietnamese cheap stuff. Their competition will have less ability to eat the tariffs and will raise prices and more people will shop at Walmart and Walmart gains market share.

The real issue with the tariffs is it will hurt the Chinese economy and we have been protecting China for a long time.
ZRX1200
a year ago
It’s hard work to keep all those people there working….commies don’t need 1 billion people not being busy.

Idle hands n stuff 😟

Strange that the people that brought us the video of the young person vs a tank are fawned over.
8trackdisco
a year ago


The real issue with the tariffs is it will hurt the Chinese economy and we have been protecting China for a long time.

HockeyDad wrote:



There shpo is so big, its protected.
Was that HanktheTank?
8trackdisco
a year ago
The Republican spending bill is sending yields soaring and creating a major market headache

The U.S. debt-and-deficit situation is bad and facing real prospects of getting worse. Whether the recoil in financial markets continues is largely in the hands of policymakers.

What it’s meant in market terms has been a severe leg up in Treasury yields and a sell-off in stocks.

“I feel like the dam is finally starting to break a little bit, and there’s too many holes in the d-i-k-e to put our fingers in,” said Mitch Goldberg, president of ClientFirst Strategy.

https://www.cnbc.com/2025/05/21/republican-spending-bill-driving-up-yields-and-creating-a-major-headache.html 

Last time the bond market got twitchy, there was a ammended policy sooon after.

By the end of the week a course correction?
delta1
a year ago
don't think Trump woulda followed his own advice to "eat the tariffs"...companies should follow Trump's example when he was in business...don't pay your bills and declare bankruptcy...
DrafterX
a year ago
Put your fingers in a ****, man?

😟
ZRX1200
a year ago
I have.

More than once.
HockeyDad
a year ago
One day we will look back and say all the debt taken on due to Covid shutdowns and the Biden administration was the tipping point leading to the bankruptcy of the USA.

Time to learn Mandarin.
8trackdisco
a year ago

One day we will look back and say all the debt taken on due to Covid shutdowns and the Biden administration was the tipping point leading to the bankruptcy of the USA.

Time to learn Mandarin.

HockeyDad wrote:



Probably.

Seeing the "fiscal hawks" voting for a budget that adds a few trillions is beyond mindnumbing.
deadeyedick
a year ago

Probably.

Seeing the "fiscal hawks" voting for a budget that adds a few trillions is beyond mindnumbing.

8trackdisco wrote:



But, but ... I thought we were saving 2 Trillion
RayR
a year ago
“No man’s life, liberty, or property are safe while the legislature is in session.” - Mark Twain

HockeyDad
a year ago

Probably.

Seeing the "fiscal hawks" voting for a budget that adds a few trillions is beyond mindnumbing.

8trackdisco wrote:



The 2024 budget spent 6.8 trillion and took in 4.9 trillion. There is no fiscal hawk that can fix that!
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