• Rhynoplaz
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    851 month ago

    I’ve noticed a correlation between people who think the tariffs are a good idea, and people who have no clue what tariffs are.

    • Onno (VK6FLAB)
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      131 month ago

      While it’s true in the majority of cases, it’s not a one to one relationship.

      There’s a few billionaire numpties who will eat regardless and see it as a way to reduce wages even further whilst charging more for their products … profit!

    • @Lost_My_Mind@lemmy.world
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      51 month ago

      God dammit. I was trying to make a joke about the correlation between the people I see breathing oxygen, and the stupid people I see. Then I was going to say there’s also a correlation between the people I see NOT breathing oxygen, and also turning blue and falling to the floor.

      Then I realized the joke made it sound like I was defending tarrifs. Which wasn’t the point I wanted to be making. So then I tried making a joke about there being a correlation between fat americans, and eating fast food. But then the joke wasn’t even funny, or random. It was just boring.

      So then I saw a bird outside, and remembered I have a low attention span. So I ran outside to look at the bird. He looked back at me like “Why are you looking at me, human? I’m just sitting here being a bird. Are you trying to watch me poop? You are, aren’t you? You realize that birds have no sphincter. So if I develop the urge to poop, there is a 100% chance it will come out immediately. You are never safe around birds to not poop on you. Which really kind of erases the old thing people used to think about birds targeting their car specifically to poop on from the sky. No bitch. I’m just flying through the sky, and you’re hundreds of feet below me, freely available to poop on. What are you going to do? Chase me? I will poop on you, and get away with it. Because I’m a bird.”

      Then I came back inside, and realized I never thought of a joke, or something random to say here.

      Life is funny.

      • Rhynoplaz
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        71 month ago

        Wow. You’ve accurately described every one of my posts that you’ll never get to read because I just gave up and didn’t type it all out.

        Fucking cloacas, amiright?

  • @EightBitBlood@lemmy.world
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    461 month ago

    Based on US history? Yes. Based on the overwhelming majority of experts? Yes. Based on basic economic theory? Also Yes.

  • @wise_pancake@lemmy.ca
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    131 month ago

    A recession is generally defined as two or more quarters with negative GDP growth.

    Tariffs will absolutely cause that. They’re going to dampen US growth for years.

    That’s only one simple definition though. Broadly I think the answer is still yes, this will cause US job losses, as you’re already seeing in the automotive industry. Job losses result in lower consumer spending, resulting in lower business revenue, and less business expansion and cost cutting, and it can become a reinforcing cycle.

    Recessions can be mild or severe, so the jury is still out on whether the US will hold their tariffs, and how quickly the system adapts to the changes.

  • @mmddmm@lemm.ee
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    61 month ago

    No, they are too late for that.

    They could if Trump picked another other to implement his policies.