• bradinutah@thelemmy.club
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    8 months ago

    Thank you for running these, Canada! Too many of my fellow Americans are clueless about tariffs and how they are taxes that Americans pay. While the MAGA cultists are lost, there are many others who would have voted against Donvict Dementia if they knew what a tariff was back in October/November 2024. It helps now too because Republican Senators like Mike Lee and John Curtis need to be pressured to impeach donOLD Krasnov, for the benefit of both the States as well as our dear Canadian friends. It’s appalling to see Republicans who pretend to be against unnecessary taxes supporting or standing silent on an issue that Republicans used to be solidly AGAINST.

  • wirebeads@lemmy.ca
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    8 months ago

    It’s incredible how people just don’t understand how tariffs work, but believe an aging man with early onset dementia’s and wears a diaper.

      • Jax@sh.itjust.works
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        8 months ago

        Bizarre thing is, while this should be seen as a denunciation - his base will just love it.

        The longer I’m alive the more I think of MAGA as just Squidbillies.

      • ZeroCool@lemmy.ca
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        8 months ago

        Yep, Republicans have spent decades dismantling public education brick by brick and MAGA is the end result.

    • toastmeister@lemmy.ca
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      8 months ago

      Can you explain it to me because I’d love to know more. My base assumption is if the US had a spike in food prices would they not dramatically increase interest rates, until food prices deflated?

      Rising rates would then drop their current asset bubble due to a contraction in money supply. Hence it could be seen not to be as much a tax as it would be a large amount of pain for existing asset holders who hold nominally valued assets, which would mainly be the rich?

      Another assumption I’d make is higher inflation would also lead to a lower unemployment and greater wage pressure, due to the phillips curve?

      • BearGun@ttrpg.network
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        8 months ago

        I’m no economician, but 1. this price hike has nothing to do with inflation, and 2. Interest rates aren’t used to bring prices down, they’re used to bring inflation down.