Dems on Tariffs: Who has the dumbest take? Let’s go with that one!
Comments
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The double black diamond analysis saved it from being -50% instead of -25%.
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Exactly. Yellen was a complete failure as a Treasury Secretary. She just did what the cabal that ran the dementia patient said. Printing money was not inflationary. Then it was just a little transitory problem. Then it was a real problem with middle class voters whose energy, costs, food costs, housing costs and clothing costs all skyrocketed far more than wages. Unlike under Trump pre-covid. Completely unaware of some very basic Econ 101 principles. Want less US private sector production - tax it, want more sloth - subsidize it.
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"It would be hard to think of a more elegant way to reduce prosperity this fast," slammed [NYU Business Prof Scott] Galloway.
He specifically brought up Apple, explaining that people in China making iPhones earn $500 a month while designers at Apple make $200,000 a year. The kind of manufacturing that Trump wants to return to the U.S. isn't sustainable because people don't want to pay unaffordable prices for goods they were once able to obtain cheaply.
"We want to wear Nikes. We don't want to make them," he summed up. "We have outsourced low-wage jobs overseas such that we can create more profit, more investments and create higher wage jobs."
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Then how did Nike build a huge business to move to Chyna?
I'll wait.
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sometimes WHOOOOOOOSH is just inadequate to express the lack of comprehension
"Fuck you, Adam Smith!" screamed Mall Cop.
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NYU business professor
Few months
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Just pulled in a $230,000 PO from a new customer on the Alberta oil fields. Have to hire some temps to run two shifts on the plastic machines and a shitload of materials to make it.
Thanks Drumpf!
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Thanks for prooving my point. Same as always!
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Democrats always get so angry when you try to take away their slaves.
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Sounded good in your head?
