Reads like Clark & Dawe discussing the European debt crisis
They’re all fine with redistribution of wealth, but only in one direction.
The trickling up policy
This is called wealth transfer, conservatives only like it when it goes from the bottom to the top.
If there is one conservatives know about, its bottom and tops.
They just lost a huge amount of institutional knowledge.
And the world is a better place for it
To be fair, he said “you’ll get tired of winning”. What he didn’t specify is who were included in that “you”.
he was talking to the ayatollah, wasn’t he. now i gotta get a new shirt
Actually it’s worse! Because the current US secretary of Commerce, Howard Luttnick, and his sons went around to companies most impacted by the illegal tariffs, and said that they’d pay them a small amount of money now, for the rights to the full tariff refund later. Basically betting that the tariffs would be ruled illegal, and that there would be massive refunds issued. So they bought up the rights to millions of refunds, for pennies on the dollar, effectively leveraging their insider knowledge of the issue, in one of less blatant instances of corruption within this administration.
People in USA: so are your import tariffs gone now? Have tariff related price increases gone back down? Or have businesses just decided to keep that free money too?
That’s the fun part: the ratchet only goes one way. Another fun part? We’re doing more tarrifs!
It’s actually even worse than just taxpayers paying businesses: Since the US doesn’t have the tax revenue to pay the businesses, it will need to take out more debt to pay them. So the taxpayers will not only pay the businesses, but they will also pay interest. (That is, if you believe that the US will be able to stabilize its debt before defaulting. At the rate we’re going, with the looter class taking US government funds, the US will end up defaulting before taxpayers have a chance to pay down the debt. To be clear, a default would be far more painful than the austerity required to stabilize the debt.)
Forgive me for not understanding as I’m not from the US, but what happened to the funds from the collected tariffs?
They go to Trump’s sovereign wealth fund which he uses to give his allies cushy government contracts.
Hell yeah… all that “tarrif money” from the first go-arounds is in trump’s pocket. You don’t think HE’S going to pay for his criminal act, do you?
Get the fuck out of here !!! You crazy person you.
This is all a national-scale grift, and he still manages to get people to cheer for stealing the food from their mouths
It’s been a big slow robbery the whole time.
I’ve had some conversations with some pretty generationaly wealthy people, the underlying sentiment is, if you aren’t going to call us out on the stock market literally there to enrich the wealthy and steal the wages, then we are just going to keep pushing the envelope.
Ted Dansons Voice: Woah woah woah, we weren’t promised to be Charlie Sheen-Grade winners.
I see a whole bunch of charlie sheens in my trailer park but it usually involves lower grade drugs and lower grade women and shit ton of fox news
But as long as they keep rebuilding the area and give their soul to Jesus they can do anything… Except find the right vein because they’re on the left arm
Do we collectively dislike Charlie Sheen now? I’m OOTL
no, I was just ribbing, I love charlie sheen mainly because he managed to steer clear of epstein’s group,sheen was not in the epstein files. He only banged legal age pornstars.
