• Geobloke@aussie.zone
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    8 months ago

    If the economy is good, the accepted wisdom is interest rates go up

    You idiot, you should have said "I told you so,"when the jobs report came out bad and added that the “high interest rates were killing jobs.”

  • Plurrbear@lemmy.world
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    8 months ago

    He’s so dumb, he doesn’t even know how tariffs work, good job America electing an absolute dumbass who couldn’t even pass a civics class if he had to!

      • phutatorius@lemmy.zip
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        8 months ago

        the core premise of capitalism

        “Lie, cheat and grab what you can without getting caught”? He certainly seems to understand that.

    • MrMcGasion@lemmy.world
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      8 months ago

      Problem is that even if he choked on his burger and coke at lunch, and had dinner with the devil, neither of the next two in line could pass a civics class either.

      • DragonTypeWyvern@midwest.social
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        8 months ago

        Nah, Vance could pass, he literally has a law degree from Yale and had to earn his college tuition in the Marines (as a journalist/propagandist).

        Civics knowledge isn’t the same thing as ethical behavior.

        • Sconrad122@lemmy.world
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          8 months ago

          If you refuse to answer the questions correctly because acknowledging facts about our system of government would undermine your weak justifications for your fascist behavior, the fact that you actually knew the correct answer deep down doesn’t change your score

        • phutatorius@lemmy.zip
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          8 months ago

          It doesn’t take much intelligence to be a journalist ofr the military. That’s a fortunate-son posting for the most part.

          Yale, sure. He’s booksmart, and as his subsequent career has shown, he knows what to kiss and when.

  • RattlerSix@lemmy.world
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    8 months ago

    Such a dumb argument. Now only is it simply untrue, it wouldn’t matter if it were true. If Chinese companies paid tariffs, their prices would go up and cause inflation. Instead the importer pays, raising prices and causing inflation.

    Of course the consumer is the actual end payer in both scenarios.

  • altphoto@lemmy.today
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    8 months ago

    He us right. Then companies make their products cost go up to compensate. Nobody works for free. Much less Americans!

  • Asafum@feddit.nl
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    8 months ago

    Then why the fuck do you argue against raising taxes on corporations? Why do tax breaks mean “more jobs, more growth” but somehow a literal tax on corporations in the form of tarrifs don’t affect the economy?

    • CaptDust@sh.itjust.works
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      8 months ago

      I just saw an article on fox business about Arizona Tea raising their prices due to aluminum tariffs, filled with comments calling the company “liberal puppets”, claiming they are price gouging and calling for the government to start regulating the prices for everything.

      Maga are fully prepared to say every company is anti-trump and raising prices to spite great leader. Gonna be a wild ride.

      • TipRing@lemmy.world
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        8 months ago

        It’s hilarious that they will call liberals socialists while they themselves are advocating for price controls.

        • Asafum@feddit.nl
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          8 months ago

          They will argue literally whatever helps them “win” an argument, even if it’s the exact opposite of what they just argued.

          Rules are for others, “winning” is the only thing that matters to fascists and their bootlickers.

        • Cruxifux@feddit.nl
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          8 months ago

          They don’t know what those words mean. They think it means anti Christian authoritarianism that also lets lazy people not work.

  • TheReturnOfPEB@reddthat.com
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    8 months ago

    ah the joys of the free market where the political leader tells free market companies where their prices should be set