Ah, nice to see Lemmy wholeheartedly embracing our friend and source of truth, Walmart.
Tomorrow’s headline: “Amazon says worker conditions will be bad because of Trump”
I honestly don’t understand what this comment is trying to say. Lemmy is embracing something? Walmart is lying? Compared to Trump?
“Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion.”
This sounds like a statement to pretend the increase of prices is Trump fault instead of an attempt to maintain their growth.
In another news: Watch out for rain. From now on, it will be wet. ¯\_(ツ)_/¯
Gonna be real neat watching Republicans turn on corporate America and accusing them of price gouging when (for once) they’re not.
They won’t. Blame the last administration, rinse and repeat.
Oh, I thought he was fixing inflation!
Wow, what a shocker! Who could have predicted how that turned out?
I feel like no one bothered to campaign against Trump… until… AFTER he won
Welp,time to trade my cheaply made Chinese shit to expensively made cheap american shit.
It’s crazy how so many GOP supporters didn’t know this…
They’ll still find a way to blame Team Blue for the inflation.
So nice of them to say this after the orange fuck was elected. Heaven forbid they tell their customers that when their customers could actually do something about it.
What incentive do they have to tell people that ahead of time? Instead of propping up the prices by 10% to deal with the tariff they can increase it by 20% and pocket the extra, then blame it on China. Worked during the Covid inflation, why wouldn’t it work now?
Oh I know they have none. I just love that they’re saying it at all – being silent on the matter until said tariffs come to pass would have at least given them the “duhhhh we’re dumb too we didn’t know that either, oh well” excuse.
Don’t worry, at least Americans are, on average, in possession of endless piles of extra money after the last decade. Elon says it’s time for all of us to tighten our belts. We’re just so fat with all that money we’ve all been saving!
I’m so glad he and the other rich chucklefucks trickled so hard on us.
It doesn’t even matter:
https://www.axios.com/2024/11/18/consumer-confidence-trump-republicans-white-house
Turns out, a lot of consumer mood is literally just people’s social media feeds. Even if prices go up and QoL goes down, on average, consumers might feel better simply because Trump being in office makes them feel good.
I am not going to point out how monumentally problematic this is… Nope. There’s definitely no bad precedent for that.
I figured everyone already knew this. Tariffs just screw consumers.
Nobody here is surprised.
Trump almost has it. If he can just be a slightly bigger ass on a slightly bigger stage, then he’ll be happy.
Musn’t give up too soon.
China will pay for the tariffs in the same way Mexico paid for the wall.
Realistically it will shift more work to India, vietnam, mexico. I’m not in supply, but I’m pretty sure my company has started shifting out of china in prep for this.
Didn’t part of the wall fall over into Mexico a while back?
buys that external drive I’ve been putting off for a while
I’m sitting here waiting for black Friday deals on lifep04 batteries for my solar setup. Fuck knows those are going to double in price when ding dong gets his hands on the levers.
Meanwhile, in Canada, I’ve been meaning to build a raid 6 with 4TB drives. With any luck, as imports into your country drop, prices in my country will drop as well
I was planning my first build in 7 years for around 6 months from now. I just CANT right now.
I just upgraded my GPU even though I wanted to wait until the new stuff drops, but I can’t risk getting boned by tariffs and/or scalpers.
idk why anybody is surprised, republicans are still going to lie about it, they will never admit how tariffs work, they are simply incapable.
