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.
he’s one of their peers, at least in the ‘education department’.
“Donald Trump was the dumbest goddamn student I ever had.” - William T. Kelley, Marketing Professor, Wharton School @ UPenn
“This was a major, major thing with Trump — that people might think he’s stupid”
Lmao
That worked sooooo well for him. 🤣
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.
Education ends after birth in murica
Yep, Republicans have spent decades dismantling public education brick by brick and MAGA is the end result.
Education comes from the Fox News channel in 'murica.
Early-onset? He is 78
Just because he’s 78 now doesn’t mean he couldn’t have had dementia 12 years 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?
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.
The price hike causes inflation, as the tariff is passed on to consumers. Interest rates control the growth in the money supply, with less physical money available the velocity of money slows and prices fall, which causes deflation.
I get what they’re saying but I think the “Paid for by the government of canada” might be misinterpreted…
I know it took me half a second. Adding “poster” in front, or something would make in unambiguous.
“the only thing the government of Canada is paying for is this ad”
Yeah, I’m all for proper attribution, but I think making it just a little smaller, or two lines so it doesn’t line up with the main message, could have made it more clear that it wasn’t part of the message.
Silly Canada. You’re not suppose to say that you put up the billboard. You’re suppose to run it through a various political organizations like “Americans For a Better Future” or American Families for Prosperity“.
I hope this is a billboard on the Canadian side of the border that’s pointing towards the US.
They’re running in a dozen mostly red states:
https://www.cbc.ca/news/business/billboard-tariffs-canada-1.7496882
Damn, they’re putting up posters in regions known for their illiteracy.
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.
Pretty sure my dead goldfish has a higher iq than Maga combined
It certainly is more cultured than them, at least.
They aren’t, though specifically for groceries, it’s somewhat-less relevant for the US than Canada, because we produce a wider variety of food domestically.
There are some important things that we do import, which have been discussed on here, like out-of-season fruits and vegetables.
kagis
These guys highlight several fields:
https://www.eatingwell.com/foods-impacted-by-new-tariffs-11712453
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Tropical Produce — the US consumes more than it has tropical regions to grow tropical foods in.
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Seafood
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Coffee
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Olive Oil, which we mostly get from Europe. “The U.S. produces only 2% of the olive oil that it consumes”
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Chocolate
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Nuts (though IIRC we’re a major producer of some important nuts, like almonds and peanuts).
Also, the foods that we’re especially competitive in tend to be bulk, low-value stuff, grains and such, which is the staple stuff that you’d really need if prices went up. We tend to import stuff like luxury food from Europe, which is nice but something that one could live without if one’s budget was tight.
One impact will come from fertilizer, which we import a lot of; that’ll drive up our cost of production of food.
The fact that we’re a major exporter of food is actually a major reason why you’d expect the agriculture industry to be unhappy with Trump, though agricultural states tended to vote for him. American agriculture is, by-and-large, globally-competitive. If it were uncompetitive, then tariffs might benefit it, providing useful protection from competition by forcing American consumers to buy it rather than more-competitive foreign products. And despite the lack of benefit, the agriculture industry likely does get hit by countertariffs.
The industries that will tend to benefit from tariffs are those where America isn’t very globally-competitive in 2025, maybe low-skill, labor-intensive manufacturing, and that’s where consumers are going to take a price hit from taxation. Clothing prices, for example. We’re not very good at hand-producing clothing. Tariffs will cause those industries to be subsidized by transferring money from the industries that we’re better at.
Canada is the source of the US’s largest imports. Most fertiliser for US crops would not exist without Canada.
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The Republican when they see this: “yeah but JJOOOEEEEE BIIIDEN!”
“Joe Biden immediately tanked the economy to enrich himself and his cronies!”
“The ‘elites’ are driving stock prices down to make Trump look bad. He’s being blamed for Democrat fraud” or something along those lines.
Are these billboards in the USA or Canada?
They’re at least in one US state because I’ve seen it while driving down the road.
they’re deployed specifically to republican-majority states:
