r/LeopardsAteMyFace • u/Peteostro • Nov 26 '24

Trump Pledges 25% Tariffs on Mexico, Canada and 10% on China Trump

https://www.wsj.com/politics/policy/trump-pledges-tariffs-on-mexico-canada-and-china-3c62b1f7

8.1k Upvotes

98% Upvoted

2.7k

Sure we had first inflation, but what about second inflation?

617

u/TheFirstLanguage Nov 26 '24

Inflation includes some increase in wages, so it isn't even that. It's a pure tax on consumers.

150

u/fallwind Nov 26 '24

That’s only one type, there are lots of kinds of inflation (and this will be one of them)

6

u/Refflet Nov 26 '24

I suspect we won't just be getting one of them this time.

3

u/fallwind Nov 26 '24

If you add a 25% tax on raw materials, the factory gate pricing WILL increase by at least that amount.

5

u/Whiffenius Nov 26 '24

And then you will find price gouging by raising prices to just below the import tariff price of the goods usually imported from Canada/Mexico/China.

2

u/-WaxedSasquatch- Nov 26 '24

Tax with some dirty price gouging on top*

3

u/PenguinSunday Nov 26 '24

Shaken and shaken and shaken and shaken and-- Oops, sorry. Got stuck in a loop there.

Maybe also a little stirred.

3

u/megggie Nov 26 '24

But think about the poor corporations!!

/s

1

u/Maximum-Objective-39 Nov 26 '24

The bigger issue is that this artificially restricts supply but placing supplies of labor and goods behind Tariffs. From a practical perspective, this risks setting off 'stagflation' where we get the worst of all worlds.

-13

u/new_name_who_dis_ Nov 26 '24

People wanted socialism, I guess monkey paw curled

5

u/Squawnk Nov 26 '24

Socialism is when tariffs

-2

u/new_name_who_dis_ Nov 26 '24

Socialism is when taxes, and tariffs are taxes.

326

u/SelenaMeyers2024 Nov 26 '24

Inflation is only inflation under Dems, under Republicans it's just a temporary but necessary pain to bring back jobs.

68

u/HansBass13 Nov 26 '24

Funny that temporary never goes away

8

u/southernmost Nov 26 '24

And the jobs never return.

11

u/Choppers-Top-Hat Nov 26 '24

Of course it's only necessary pain for working people. If a rich person experiences even one second of minor inconvenience, it's horrible oppression and they are a tragic victim of cancel culture.

5

u/LOOKATMEDAMMIT Nov 26 '24

Fuckin musk melon telling Americans we need to prepare for hardship. As if he’s not the wealthiest person on the planet.

3

u/its_milly_time Nov 26 '24

He also said people need to have more kids and not worry about child care costs….

Ohh ok, I forgot that everyone has unlimited money like he does. How stupid of us.

3

u/LOOKATMEDAMMIT Nov 26 '24

These people are so far disconnected from 99.999% of people in this country and 50% of people who chose to vote this year thought they best represent us.

And then there were enough people who were so sure Kamala was going to win that they were going to protest by sitting out or voting third party and still have him lose.

3

u/its_milly_time Nov 26 '24

It’s all just so sad.

6

u/GrowFreeFood Nov 26 '24

Back to robots

134

u/tanafras Nov 26 '24

Since we have Forrest and Bubba running the country now...

Inflation is like a box of chocolates—prices go up, and you never know what you're gonna get. There’s wage inflation, cost-push inflation, demand-pull inflation, stagflation, hyperinflation... and that’s just the start!

There's all kinds of inflation. There's wage inflation, price inflation, demand-pull inflation, cost-push inflation, stagflation, hyperinflation, deflation. You can have housing inflation, food inflation, fuel inflation. Pretty much, if it’s got a price, it can inflate.

77

u/nicholus_h2 Nov 26 '24

nah, that's to much credit. Forrest has awareness that he wasn't smart. he knew he didn't know what was going on. that's why he accepted help from others.

i wouldn't describe anybody in Trump's sphere as having any sense of awareness.

7

u/DMBFFF Nov 26 '24

"I was told that here in Alabama, you're allowed to write-in who your gonna vote for, so I voted for Bubba."

61

u/CarelessToday1413 Nov 26 '24

Hey don't you shit on Forrest like that.

Forrest at least is someone who is earnest, like hell if nothing he does what he does best. Even his drill sergeant is impressed with him.

Apart from his Apple investment, almost all his other jobs were successes of his own making.

3

u/FUTURE10S Nov 27 '24

Forrest would unironically make for a better president because he can listen and he trusts people to know what they're doing.

43

u/Successful-Medicine9 Nov 26 '24

Done forget elevensiesflation!

4

u/Castle-Of-Ass Nov 26 '24

I don't think they know about elevensiesflation, Pip.

7

u/John_Thacker Nov 26 '24

you're making me want to watch LOTR

5

u/Armano-Avalus Nov 26 '24

Trump: I will promise another wave of inflation.

Trump voters: Well, the first wave of inflation didn't happen under him, so I trust him to address inflation this time around.

5

u/shades0fcool Nov 26 '24

Underrated comment

4

u/drfrink85 Nov 26 '24

2 Eggs 2 Inflation

3

u/queuedUp Nov 26 '24

it might not even be inflation. Some industries in the US might just straight up disappear.

3

u/katemcblair Nov 26 '24

Inflationzies?

2

u/ndthegamer21 Nov 26 '24

Not only that. With inflation come increased interest rates from the Federal Reserve. But because it's artificial inflation, the increased rates won't slow it down and borrowing money will get crazy expensive for already crazy expensive goods. Thank you, mister President...

2

u/Kham117 Nov 26 '24

I see what you did there 👏🏼👏🏼👏🏼

2

u/LegoBSpace Nov 26 '24

Only after second breakfast.

2

u/SavagePlatypus76 Nov 26 '24

It comes in pints?

2

u/Nymaz Nov 26 '24

*recession

The word you're looking for is "recession".

2

u/KintsugiKen Nov 26 '24

That's literally the goal.

Trump is being paid by hostile foreign powers to destroy the USA from the top down. Foreign governments aided immensely in his campaign propaganda, and now they will benefit immensely from Trump dismantling the only global power capable of checking their military aggression.

2

u/Monkeyjesus23 Nov 26 '24

I don't think they know about second inflation, Pip

2

u/Billowing_Flags Nov 26 '24

IDK, this looks to me like he's trying to drive a wedge between us and our physically closest allies! Is this his attempt to create an isolationism where putin will reach out and try to become our new ally?

I put nothing past either of those 2 POS (trump or putin). But it's strange he's pissing off our actual neighbors!

3

u/BellyDancerEm Nov 26 '24

Stealing this

1

u/Kosherlove Nov 26 '24

All im thinking about is OG SpongeBob " You know what's worst than one paint bubble? TWO PAINT BUBBLES"

2

u/Mackiavelli21 Nov 26 '24

But when all the illegals get turfed we will have so many more jerbs, we can all have two or three to help cover the cost.