Poll Question: Should Companies "Eat the Tariffs?"
MACS
a year ago

Probably.

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

8trackdisco wrote:



Yeah... not happy about it. We need to cut more spending. A LOT more.
delta1
a year ago
here are the numbers...debt increases (decreases...there are a few) in dollars and percentage by each president...


https://www.investopedia.com/us-debt-by-president-dollar-and-percentage-7371225 
Brewha
a year ago

“No man’s life, liberty, or property are safe while the legislature is in session.” - Mark Twain

RayR wrote:



Old data - Trump does not need the legislature.
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...

drglnc wrote:



update to the doge contract issue... a week later and 9 days until the contract is officially terminated and the person that runs that program (State Depart Federal employee) has still not been told who will performt he duties of the contractors being terminated. this is not a set of tasks that can simply go away, nor can a random person just assume the rolls performed... the DOS is under a hiring freeze so they cant just hire new people to do the task and the people that would need to train others for the task will be gone in 9 days... good luck with that...

rfenst
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.

HockeyDad wrote:



Wont work in the short-run.

Won't work that way in the intermediate-run.

Long-run, your hypothetical economic and financial prognostication is detrimental to Walmart's ongoing, profitability that its share holder's won't tolerate.ng

I do not believe Walmart eating tariffs is a good thing. Lowering profitability and taking heavy losses over time to keep prices too low in order to drive away competition is highly speculative.

If it were to do this, I'd certainly sell my stock.
HockeyDad
a year ago

update to the doge contract issue... a week later and 9 days until the contract is officially terminated and the person that runs that program (State Depart Federal employee) has still not been told who will performt he duties of the contractors being terminated. this is not a set of tasks that can simply go away, nor can a random person just assume the rolls performed... the DOS is under a hiring freeze so they cant just hire new people to do the task and the people that would need to train others for the task will be gone in 9 days... good luck with that...

drglnc wrote:




It will be fine. Close enough for government work.
HockeyDad
a year ago

Wont work in the short-run.

Won't work that way in the intermediate-run.

Long-run, your hypothetical economic and financial prognostication is detrimental to Walmart's ongoing, profitability that its share holder's won't tolerate.ng

I do not believe Walmart eating tariffs is a good thing. Lowering profitability and taking heavy losses over time to keep prices too low in order to drive away competition is highly speculative.

If it were to do this, I'd certainly sell my stock.

rfenst wrote:



You should sell your stock now and buy it back after people panic-sell if Walmart eats the tariffs. Selling stocks because of TDS is a bad financial plan.

Walmart could always go back to “Made in America.” That’s how they built the company.
8trackdisco
a year ago

You should sell your stock now and buy it back after people panic-sell if Walmart eats the tariffs. Selling stocks because of TDS is a bad financial plan.

Walmart could always go back to “Made in America.” That’s how they built the company.

HockeyDad wrote:




All this talk about eating tariffs is making me hungry.


Maybe I'll have a TACO.
frankj1
a year ago

All this talk about eating tariffs is making me hungry.


Maybe I'll have a TACO.

8trackdisco wrote:


The word on The Street is it tastes like chicken
8trackdisco
a year ago

The word on The Street is it tastes like chicken

frankj1 wrote:



That's nasty! Don't ever say that again.



rfenst
a year ago

That's nasty! Don't ever say that again.

8trackdisco wrote:


I think he was referring to Taco Bell.
[sarcasm]
HockeyDad
a year ago

All this talk about eating tariffs is making me hungry.


Maybe I'll have a TACO.

8trackdisco wrote:



Cheering for China and against the USA because Orange Man Bad. Maybe put some Kung Pao chicken in that taco.

I sure could go for some Baja style fish tacos right now.
8trackdisco
a year ago

Cheering for China and against the USA because Orange Man Bad. Maybe put some Kung Pao chicken in that taco.

I sure could go for some Baja style fish tacos right now.

HockeyDad wrote:



Hurts, doesn't it. Seeing your hero with his feet of clay. His failures drive you to to go with the OMB stuff which you know iisn't accurate.

Maybe if you can get some other sycophants, you can maybe, I don't know... march on the capitol?

But look out- those super smart capitol police and elite FBI might pull the Jedi mind trick on you again.
rfenst
a year ago

Hurts, doesn't it. Seeing your hero with his feet of clay. His failures drive you to to go with the OMB stuff which you know iisn't accurate.

Maybe if you can get some other sycophants, you can maybe, I don't know... march on the capitol?

But look out- those super smart capitol police and elite FBI might pull the Jedi mind trick on you again.

8trackdisco wrote:


LOL!
HockeyDad
a year ago

Hurts, doesn't it. Seeing your hero with his feet of clay. His failures drive you to to go with the OMB stuff which you know iisn't accurate.

Maybe if you can get some other sycophants, you can maybe, I don't know... march on the capitol?

But look out- those super smart capitol police and elite FBI might pull the Jedi mind trick on you again.

8trackdisco wrote:




Yes, it hurts to a devastating level but that is still a far cry from TDS victims. I’m not even sure Trump will get on Mt Rushmore anymore!

You miss the Biden committee that ran the country? Kamala? You got 3.5 more years of Trump as your president.
8trackdisco
a year ago

Yes, it hurts to a devastating level but that is still a far cry from TDS victims.

HockeyDad wrote:



Yep, the five or six of you who believe Trump can do no wrong will eventually hear the wake-up call.

You’ll still be able keep the Trump athletic shoes, his meme coin and if you donate enough to the Trump Library, you might get a ride on his big plane!
HockeyDad
a year ago

Yep, the five or six of you who believe Trump can do no wrong will eventually hear the wake-up call.

You’ll still be able keep the Trump athletic shoes, his meme coin and if you donate enough to the Trump Library, you might get a ride on his big plane!

8trackdisco wrote:



But what if you’re wrong and Trump has a good four years. Where does that leave you? Will you be running around screaming that JD Vance is a Nazi!

I wonder if he will build his library in West Palm Beach. That would be day trip for me!
8trackdisco
a year ago

But what if you’re wrong and Trump has a good four years. Where does that leave you? Will you be running around screaming that JD Vance is a Nazi!

I wonder if he will build his library in West Palm Beach. That would be day trip for me!

HockeyDad wrote:



A "good four years"

If we had an agreed upon definition, and my prediction is wrong, I'd come in here and own it.

12 months ago, I thought Biden would win. Turns out I was wrong.

I could make excuses (couldn't predict the debate meltdown, the skipping of any semblence of a primary and the annointing of Harris etc.) But none of it matters. You predict, you end up right or wrong and be a man about it. It is called Accountability.
rfenst
a year ago

But what if you’re wrong and Trump has a good four years. Where does that leave you? Will you be running around screaming that JD Vance is a Nazi!

I wonder if he will build his library in West Palm Beach. That would be day trip for me!

HockeyDad wrote:


I want 3.5 good years. Everyone does/should. As of now, don't see is coming.

And, Vance is an a$$hole.
8trackdisco
a year ago

I want 3.5 good years. Everyone does/should. As of now, don't see is coming.

And, Vance is an a$$hole.

rfenst wrote:



Don't know that he is an a$$hole. What we do need is he's a person who often changes his or her beliefs or behavior in order to please others or to succeed.

His Karma will bite the Chameleon
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