Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Baitball Blogger

(48,668 posts)
Tue Nov 26, 2024, 06:43 PM Nov 26

Omigod! The Secret is OUT! On the news they're reporting that tariffs will pass on to U.S. corporations, and

thus, consumers. AND this fact is supported by Corporations!!!!

Again, something that would have been more useful if they had reported it before the election.

109 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Omigod! The Secret is OUT! On the news they're reporting that tariffs will pass on to U.S. corporations, and (Original Post) Baitball Blogger Nov 26 OP
It is too late JustAnotherGen Nov 26 #1
how did they not know this...anytime any corporation costs go up they pass them on. dawn5651 Nov 27 #88
There are people like me JustAnotherGen Nov 27 #90
good...i don't understand these people thinking someone else was going to pay the tariff dawn5651 Nov 27 #109
Pass it on plus additional profit...gouge when you can JT45242 Nov 27 #104
The news media were asleep while.... Lovie777 Nov 26 #2
Of course they were. Baitball Blogger Nov 26 #3
"...they can control Trump..." markodochartaigh Nov 26 #31
That sums it up. Baitball Blogger Nov 26 #36
There is a big difference in this case, the republicans don't want to control him, they want him to have absolute power. JohnSJ Nov 26 #81
I disagree. I think they do want to control him, and they do to a large extent LiberalLovinLug Nov 27 #100
I was referring to trump and his handlers. They come as a package, and the JohnSJ Nov 27 #103
Not asleep but complicit maptap22 Nov 26 #5
They were not asleep, they were complicit. NotHardly Nov 26 #10
They were NOT asleep. They benefit from higher prices. onecaliberal Nov 26 #11
media doesn't exist anymore. they are just stenographers now Takket Nov 26 #29
The media weren't asleep at all. They knew. They just didn't explain it to their viewers/readers. Texin Nov 27 #94
They have to want to hear it Lifeafter70 Nov 27 #101
They really are trash Dem4life1234 Nov 27 #106
The Trumpian federal workers my husband works with just realized they are federal workers. Solly Mack Nov 26 #4
Well, then he should just quit now. Yavin4 Nov 26 #27
I said the same thing when I heard. Solly Mack Nov 26 #55
Just curious what agency your husband works for? COL Mustard Nov 26 #30
Not telling you at all. Never said they wore red hats. Don't need to wear one to know their politics. Solly Mack Nov 26 #52
Red hats?? stollen Nov 26 #56
I'd bet the DoD base not too far from me voted 65/35 Trump Callie1979 Nov 26 #60
Well, to be fair, I'd expect the DOD will continue to avoid the absolutely devastating levels of cuts they want Wiz Imp Nov 26 #67
I don't think it's possible to work for the federal government without knowing you are working for the federal govt Wiz Imp Nov 26 #49
You'd think. However, they didn't think it applied to them. Not contractors. Directly for the federal government. Solly Mack Nov 26 #51
see the edit to my prior post Wiz Imp Nov 26 #54
Denial. Lots of denial. A refusal to see anything that goes against their beliefs. Solly Mack Nov 26 #58
Exactly! Blue_Roses Nov 26 #61
That guy is an idiot stollen Nov 26 #57
Well, yeah. Solly Mack Nov 26 #59
But he is smarter than the people who voted for him. OAITW r.2.0 Nov 26 #72
This perfectly illustrates why all the hand wringing over what the Democrats did wrong in the election is just total BS Wiz Imp Nov 26 #62
100% Cosmocat Nov 27 #89
Being "right" is small conciliation when you're standing in line at the Food Bank LastLiberal in PalmSprings Nov 27 #105
This was out before the election. Not new, just not believed by MAGAland Raven123 Nov 26 #6
The FAFO file grows bigger by the minute. usonian Nov 26 #7
Message auto-removed Name removed Nov 26 #44
I updated the image. usonian Nov 26 #45
OK then. You're new here... right??? Or maybe not. GP6971 Nov 26 #50
Message auto-removed Name removed Nov 26 #68
Back again!!! And Thanks!!! Bye again!! GP6971 Nov 26 #69
Every economist was saying this all summer...the media ignored it. spanone Nov 26 #8
Trump will simply blame other countries and say high prices are due to THEIR tariffs on the U.S. PeaceWave Nov 26 #9
You are probably correct. Always someone else that caused whatever the problem/issue is. Evolve Dammit Nov 26 #12
Ha! ReRe Nov 26 #13
Nope, that's how I read it as well Metaphorical Nov 26 #74
Whew! ReRe Nov 27 #87
Meanwhile, the average person who voted for the fucking asshole couldn't tell you what a tariff is. Initech Nov 26 #14
Just bdamomma Nov 26 #41
There was a time when this was common knowledge, not so long ago Cosmocat Nov 27 #91
They did report it, its just that the people who voted for trump refused to listen, but they will have a rude awakening Escurumbele Nov 26 #15
"they will have a rude awakening" Dave Bowman Nov 26 #23
I wonder bdamomma Nov 26 #43
Yes, I've been wondering too. Could be interesting. Dave Bowman Nov 26 #73
It is just Clintons fault or Obama's fault or Bidens fault, because it is NEVER their own fault for not paying attention LiberalArkie Nov 26 #37
Why would this be supported by corporations? Iris Nov 26 #16
Who did you think was DENVERPOPS Nov 26 #19
Corporations are not supporting tariffs. They are supporting the fact that the tariffs will Baitball Blogger Nov 26 #22
History shows us that when fascists gain control La Coliniere Nov 26 #17
So the corporations can raise prices on everything Delmette2.0 Nov 26 #18
I don't think anyone fully realizes DENVERPOPS Nov 26 #32
I don't think they have much room to raise prices Metaphorical Nov 26 #75
I hope you are right. Delmette2.0 Nov 26 #76
I am wondering if Black Friday will be as good as previous years... William Gustafson Nov 27 #85
But the rich will still be able to buy a motor yacht tax free by doing the sales deal 20 miles off shore.. Exp Nov 26 #20
No evidence to support businesses care angrychair Nov 26 #21
My theory: They think they can control Trump by controlling the news cycle. Baitball Blogger Nov 26 #26
One flaw in wanting desperate poor people.... William Gustafson Nov 27 #86
If everything wasn't a huge mess, what would they report on to keep people glued to their screens? sboatcar Nov 26 #24
Lets sit back and see what happens to the "SMALL BUSINESSES" in this country......... turbinetree Nov 26 #25
They're not absorbing anything. Cost are costs. paleotn Nov 26 #35
This I understand completely.............everyone gets the proverbial shaft in this situation........ turbinetree Nov 26 #48
Agreed. Those that can't pass it on just might. paleotn Nov 26 #53
This! Blue_Roses Nov 26 #66
But this one is so painfully obvious from the start... paleotn Nov 27 #107
Economists Rebl2 Nov 26 #28
No shit. That's how tariffs work. paleotn Nov 26 #33
Don't worry, when prices rise Trump will blame it on the "Democrat Party" and GoYouPackersGo Nov 26 #34
Amazing that those of us with at least half a brain knew this BEFORE the election. As did the MSM but they chose LoisB Nov 26 #38
Who will howl the loudest? Sneederbunk Nov 26 #39
Anyone who did not know that should have their voter license.... Hope22 Nov 26 #40
Irmagerd !1! dweller Nov 26 #42
I gotta say I think this was reported by the media pretty consistently Wiz Imp Nov 26 #46
The media pushed it like advertisers push lottery sales. taxi Nov 26 #64
Sorry but you're wrong. Just because people didn't listen doesn't mean it wasn't there. Wiz Imp Nov 26 #70
Please tell me what is incorrect in my answer. taxi Nov 26 #71
They covered it at a far higher level than the "fine print on a lottery ticket" Wiz Imp Nov 26 #78
Oh, you're killing me taxi Nov 26 #79
I couldn't be happier... PCIntern Nov 26 #47
And WHY are the corporations speaking up? Bluetus Nov 26 #63
Exactly what I was yelling at the tv tinymontgomery Nov 26 #65
"trump was better in the economy I got free money Klarkashton Nov 26 #77
So who will get the socialist payments this time to counter the effects of the tariffs? keithbvadu2 Nov 26 #80
i think it was "the david" and his abc news that i heard reporting it orleans Nov 27 #82
It was only a "secret" to the willingly bamboozled and willfully IGNORANT. B.See Nov 27 #83
A tariff is ForgedCrank Nov 27 #84
I recall... 2naSalit Nov 27 #92
How To Coup D'tat 101... GiqueCee Nov 27 #93
MAGATs are too fking stooooopid to get anything that complex. OMGWTF Nov 27 #95
Ignorance is bliss, until the reckoning. republianmushroom Nov 27 #96
Demand destruction is good for Planet Earth. roamer65 Nov 27 #97
Elon Musk wasn't wrong. This economy is going to destabilize severely. 10158 mikelewis Nov 27 #98
Now that, good sir, is a rant!!! wolfie001 Nov 27 #99
Face-eating leopards, the new Ozempic market. n/t flvegan Nov 27 #102
The execs knew like the always do. They will make out like kings even if the corporation suffers. LiberalArkie Nov 27 #108

dawn5651

(665 posts)
88. how did they not know this...anytime any corporation costs go up they pass them on.
Wed Nov 27, 2024, 07:01 AM
Nov 27

did they think the orange one was gonna pay these costs for them or were they told that is not how it works. flour and grocery basics will go way up to. as will just about everything you purchase....unfortunately they did it to themselves but they also did it to folks who tried to warn them what would happen...next 4 years are gonna be a nightmare for those who don't make a lot of money

JustAnotherGen

(33,955 posts)
90. There are people like me
Wed Nov 27, 2024, 07:36 AM
Nov 27

Who will get up everyday and fight the US Trade Rep, demand exclusions, and bury them and CBP under those requests.

JT45242

(3,018 posts)
104. Pass it on plus additional profit...gouge when you can
Wed Nov 27, 2024, 03:47 PM
Nov 27

If it's a 20 percent tariffs expect at least 30 percent price increase

Lovie777

(15,448 posts)
2. The news media were asleep while....
Tue Nov 26, 2024, 06:53 PM
Nov 26

Sanewashing shithole, project 2025, and screwing the American people.

Baitball Blogger

(48,668 posts)
3. Of course they were.
Tue Nov 26, 2024, 07:01 PM
Nov 26

What fucking idiots. It's obvious that the media's handlers want the chaos to start in the U.S., thinking they can control Trump, rather than supporting Biden to help the Democrats with gradual improvements in our society.

markodochartaigh

(2,221 posts)
31. "...they can control Trump..."
Tue Nov 26, 2024, 08:29 PM
Nov 26

From Wikipedia:

"Both within Germany and abroad, there were initially few fears that Hitler could use his position to establish his later dictatorial single-party regime. Rather, the conservatives that helped to make him chancellor were convinced that they could control Hitler and "tame" the Nazi Party while setting the relevant impulses in the government themselves; foreign ambassadors played down worries by emphasizing that Hitler was "mediocre" if not a bad copy of Mussolini; even SPD politician Kurt Schumacher trivialized Hitler as a Dekorationsstück, piece of scenery, of the new government."

JohnSJ

(96,907 posts)
81. There is a big difference in this case, the republicans don't want to control him, they want him to have absolute power.
Tue Nov 26, 2024, 11:46 PM
Nov 26

LiberalLovinLug

(14,386 posts)
100. I disagree. I think they do want to control him, and they do to a large extent
Wed Nov 27, 2024, 03:06 PM
Nov 27

He is easily manipulated. Flattery will go a long ways with Trump. Or carrying out one of his draconian policies, or praising him on air. His extreme narcissism is a massive disability and national security threat.

Other fascists around him are much smarter than he is. They have the perfect vessel with which to carry out their darkest fantasies. All they have to do is worship him (while he's looking).

Now can they control his every stupid whim? No. But its clear that Trump can be convinced of anything. "There eating the cats and dogs!". If he's also convinced it will either get him A. More money, or B. More power (to get more money and to persecute his critics)

A classic case of making the idiot, who is the popular head bully, think he's in charge. Think its all his ideas. He's the best, with the biggest crowds, and the best looking, and the richest, and the most stable genius in the world.

JohnSJ

(96,907 posts)
103. I was referring to trump and his handlers. They come as a package, and the
Wed Nov 27, 2024, 03:35 PM
Nov 27

republicans in congress, except perhaps for about 5-7 will all fall in line I believe.

maptap22

(157 posts)
5. Not asleep but complicit
Tue Nov 26, 2024, 07:09 PM
Nov 26

And it was all about $$. Greedy fucks have helped destroy our once great nation.

 

onecaliberal

(36,594 posts)
11. They were NOT asleep. They benefit from higher prices.
Tue Nov 26, 2024, 07:39 PM
Nov 26

The d had record profits for 4 years. They’re fascists doing what benefits them.

Takket

(22,701 posts)
29. media doesn't exist anymore. they are just stenographers now
Tue Nov 26, 2024, 08:20 PM
Nov 26

they just report what drumpf says. they only editorialize and "fact check" when a Democrat says something.

so the old saying goes, the media's just isn't to report that one person said it is raining and another one said it is sunny. their job is to open the fucking window and tell us what the weather actually is. but rethugs got mad when the media actually did their job, so they stopped doing it.

Texin

(2,672 posts)
94. The media weren't asleep at all. They knew. They just didn't explain it to their viewers/readers.
Wed Nov 27, 2024, 10:17 AM
Nov 27

Lifeafter70

(388 posts)
101. They have to want to hear it
Wed Nov 27, 2024, 03:22 PM
Nov 27

Before they election I talked to co-workers who were trump supporters. I explained how tariffs work and who pays them. I also talked about mass deportation and how it would raise the cost of goods. They stuck to their fantasy world and said I was stupid.

Dem4life1234

(2,040 posts)
106. They really are trash
Wed Nov 27, 2024, 04:33 PM
Nov 27

They kept harping on our great president's age and that one dumbass night of debate performance.

That's why this country is fucked up, because of them!

We are all interconnected, if people get too broke to buy anything, how will that benefit corporations?

Solly Mack

(93,317 posts)
4. The Trumpian federal workers my husband works with just realized they are federal workers.
Tue Nov 26, 2024, 07:05 PM
Nov 26

They went into the election denying they would be harmed by a reduction in the federal workforce - that it would just be the "bureaucrats", and they didn't see themselves as one. Now they understand it could include them. One of them said that it was OK to lose his job as long as it helped the country. Because, you know, that one job was going to make things better for everyone else.

None of the rest felt that way. Not by a long shot.

COL Mustard

(7,037 posts)
30. Just curious what agency your husband works for?
Tue Nov 26, 2024, 08:23 PM
Nov 26

I'm in DOD and we occasionally see red hats in the building but not very often. Most folks will abide by the rules.

Message me if you don't want to say where he works in public...I'm just curious.

Solly Mack

(93,317 posts)
52. Not telling you at all. Never said they wore red hats. Don't need to wear one to know their politics.
Tue Nov 26, 2024, 09:30 PM
Nov 26

People who work together talk. It's a solid red state, so they feel free to do so.

Callie1979

(395 posts)
60. I'd bet the DoD base not too far from me voted 65/35 Trump
Tue Nov 26, 2024, 09:42 PM
Nov 26

And that may be low. From what I've seen in the area & social media it wasnt a secret
But as the poster above said; "well it wont affect ME"

Wiz Imp

(2,634 posts)
67. Well, to be fair, I'd expect the DOD will continue to avoid the absolutely devastating levels of cuts they want
Tue Nov 26, 2024, 09:53 PM
Nov 26

to enact with most agencies. The DOD has always been the Republicans sacred cow that they feel always needs ever more money while the rest of federal government can starve.

Wiz Imp

(2,634 posts)
49. I don't think it's possible to work for the federal government without knowing you are working for the federal govt
Tue Nov 26, 2024, 09:23 PM
Nov 26

It would take a special brand of stupid to work for the federal government and think you are not part of the federal workforce.

So I have to assume they work for a contractor for the federal government where the employees are paid by the contracting company but those funds originate with the federal government. (In which case they aren't technically federal workers, but are effectively paid out of the federal budget). Even then, I would think most people who work for Federal government contractors know that and it should be obvious (unless they are really ignorant & oblivious to the real world) that cuts to the federal budget always have a chance to result in those contract arrangements being terminated which means the companies need to find other clients or else go out of business.

Solly Mack

(93,317 posts)
51. You'd think. However, they didn't think it applied to them. Not contractors. Directly for the federal government.
Tue Nov 26, 2024, 09:26 PM
Nov 26

Didn't believe, not for a second, that it could be them. Until recently.

They also said things like, "He (Trump) doesn't mean it" or "It's just a threat to warn people".

Wiz Imp

(2,634 posts)
54. see the edit to my prior post
Tue Nov 26, 2024, 09:32 PM
Nov 26

It takes an extra special brand of stupid to work for the federal government and think you are not part of the federal workforce that could be axed if the federal budget is cut significantly.

Wiz Imp

(2,634 posts)
62. This perfectly illustrates why all the hand wringing over what the Democrats did wrong in the election is just total BS
Tue Nov 26, 2024, 09:48 PM
Nov 26

These are the kinds of people who voted for Trump. It is impossible to reach people who are so incredibly ignorant. There is absolutely nothing you could say to someone who works directly for the federal government but thinks they are not part of the federal workforce to make them understand reality. They live in an alternate reality where Trump is brilliant and never lies. The only thing that can pierce that is for true reality to smack them in the face, which is what it sounds like finally happened to some of them. Even then, I'd bet most of them do not regret their vote.

105. Being "right" is small conciliation when you're standing in line at the Food Bank
Wed Nov 27, 2024, 04:31 PM
Nov 27

trying to feed your family after you're kicked out of your job, not for lack of competence, for not being loyal enough to Dear Leader.

Good luck finding work if you're over 40. It's what you voted for, asshole!

usonian

(15,086 posts)
7. The FAFO file grows bigger by the minute.
Tue Nov 26, 2024, 07:22 PM
Nov 26

Last edited Tue Nov 26, 2024, 09:49 PM - Edit history (1)

"That misery you voted to inflict may be your own"


Are you suffering enough yet?
Just wait and see.

Response to usonian (Reply #7)

usonian

(15,086 posts)
45. I updated the image.
Tue Nov 26, 2024, 09:09 PM
Nov 26

Last edited Tue Nov 26, 2024, 09:58 PM - Edit history (1)

Try finding a picture of Smokey the Bear with a MAGA cap!




Response to GP6971 (Reply #50)

PeaceWave

(1,227 posts)
9. Trump will simply blame other countries and say high prices are due to THEIR tariffs on the U.S.
Tue Nov 26, 2024, 07:23 PM
Nov 26

Sadly, his followers will believe him.

ReRe

(10,959 posts)
13. Ha!
Tue Nov 26, 2024, 07:44 PM
Nov 26

Of course U.S. Corps can support it, because they are going to pass on their loss to their customers.
Only problem with that thinking, though, is that the economy will eventually grind to a complete halt.
No one will be buying the Corp's products and the Corp will end up holding the bag.
At least that's the way I understand it. Someone please correct me if I'm wrong.

Metaphorical

(2,357 posts)
74. Nope, that's how I read it as well
Tue Nov 26, 2024, 10:16 PM
Nov 26

A pure free market, combined with intelligent automation, will first reach a stage where fewer and fewer people are actually employed full time by companies and instead become independent consultants, then, will reach a stage where the consultants will no longer be called upon as corporations either become fully automated tools of the wealthy or cease to exist because no one is capable of buying their unnecessary products. AI doesn't really need to be all that powerful to do it - a great deal of existing "work" is already bullshit jobs.

My worry through much of this year was that the economy would improve enough to push Biden (then Harris) over the finish line before the economy went sideways. I'm in tech, haven't had a full time job in two years, primarily because the companies I've worked with have lost their funding as investors tried to claw back investments or were shafted by THEIR clients. Too many people with just enough wealth to leverage themselves out to 15-20x their actual net worth that could afford to do so when interest rates were essentially zero, but couldn't when interest rates began climbing to handle inflation. Right now the Ponzi game in tech (especially AI) is still holding, but you can tell that it's unravelling. The ONLY comfort to this is that it's going to land on Trump's watch, and that comfort is pretty cold.

ReRe

(10,959 posts)
87. Whew!
Wed Nov 27, 2024, 01:31 AM
Nov 27

All I used was common sense. But you went in depth and taught me much. How are you surviving without a full-time job? (You don't need to answer that). I had no idea the tech industry was unravelling as you describe. Good luck to you as we all descend into djt's "great America".

Initech

(102,796 posts)
14. Meanwhile, the average person who voted for the fucking asshole couldn't tell you what a tariff is.
Tue Nov 26, 2024, 07:46 PM
Nov 26

bdamomma

(66,852 posts)
41. Just
Tue Nov 26, 2024, 08:55 PM
Nov 26

like how didn't know Obamacare is the ACA, which they are going to loose. WTF!!!!

Tariffs are Taxes!!!!!!!!!!!!

Cosmocat

(15,070 posts)
91. There was a time when this was common knowledge, not so long ago
Wed Nov 27, 2024, 07:39 AM
Nov 27

Most of the people who voted for him at one point knew and were cognizant of what tarriffs are and what the ramifications of implementing them wildly like DT is likely to do.

There is a clear example of it the last time the dipshit was president, where his tarriffs hit farmers so hard they had to ramp up subsidies exponentially to pay them, and even with a lot of them went out business.

But, I would bet good money 99% of them voted for him again this time.

Its just how the R party/conservative movement brainwashed 1/3 of the country prior to DT and he took the whip, and they both overwhelmed the middle 1/3 with so much bullshit they can't take up from down any more.

I don't know why WE don't get sucked into this BS, I know countless otherwise intelligent and decent people who fall into it.

Escurumbele

(3,671 posts)
15. They did report it, its just that the people who voted for trump refused to listen, but they will have a rude awakening
Tue Nov 26, 2024, 07:49 PM
Nov 26

when things start costing twice as much as they do now.

But there were lots of news everywhere about the stupidity of the tariffs, trump's ignorance, trump's corruption, trump's sexual abuses, trump's fraud, and you know the rest but, did they want to listen? No, they did not want to listen.

Dave Bowman

(4,027 posts)
23. "they will have a rude awakening"
Tue Nov 26, 2024, 08:15 PM
Nov 26

When that happens I seriously doubt that I'll have a lot of empathy for these morons.

bdamomma

(66,852 posts)
43. I wonder
Tue Nov 26, 2024, 08:57 PM
Nov 26

how many voters will deny that they voted for the felon, when things go really bad.

LiberalArkie

(16,745 posts)
37. It is just Clintons fault or Obama's fault or Bidens fault, because it is NEVER their own fault for not paying attention
Tue Nov 26, 2024, 08:42 PM
Nov 26

DENVERPOPS

(10,320 posts)
19. Who did you think was
Tue Nov 26, 2024, 07:58 PM
Nov 26

giving the un-fathomable amount of donations to this NEW RepubliCON Party, besides Putin's Oligarchs????????
(Thanks to "Citizens United", a gift from the U.S. Supreme Court RepubliCONs?????)

Welcome to what is about to become, THE UNITED CORPORATIONS OF AMERICA !!!!!!!!!

(The simplest definition of FASCISM is a merging of Government and Corporations)......

Baitball Blogger

(48,668 posts)
22. Corporations are not supporting tariffs. They are supporting the fact that the tariffs will
Tue Nov 26, 2024, 08:15 PM
Nov 26

be passed onto the consumer.

La Coliniere

(1,129 posts)
17. History shows us that when fascists gain control
Tue Nov 26, 2024, 07:51 PM
Nov 26

it’s all aboard for the corporate class. That includes the media. Money to be made, screw the public good. They enabled the felon’s mendacious return to the throne.

Delmette2.0

(4,284 posts)
18. So the corporations can raise prices on everything
Tue Nov 26, 2024, 07:54 PM
Nov 26

They will be able to raise all the prices because how could they ever keep track of the source for every thing!

DENVERPOPS

(10,320 posts)
32. I don't think anyone fully realizes
Tue Nov 26, 2024, 08:37 PM
Nov 26

how U.S. Corporations, THIS PAST YEAR, have artificially raised prices, (and cut quantities....ie Shrinkflation) to make the general public think it was the fault of Biden and Dems. If you look at the corporate profits this past year, they have made huge RECORD PROFITS.......which should show everyone EXACTLY WHO, was at fault. It was/is across the boards, in everything we purchase.

Not only in food and gas, but car insurance, homeowners insurance, utilities, etc etc etc...............

Like I said previously, welcome to the New RepubliCONs United Corporations of America.

And we must not forget the Propaganda, spread by the Media (Corporations), that the RepubliCONs own/operate 95+% of ALL media in the U.S.

If there is any consolation for us, it will be watching the umpteen million Trump humping voters suffer along with us, when Trump and the RepubliCONs kick them to the curb and roll them under the bus with all of us. All of them will have outgrown their usefulness, due to the fact that future "elections" in the U.S. will be no different than those in Russia, China, and other tyrant ruled countries.

Metaphorical

(2,357 posts)
75. I don't think they have much room to raise prices
Tue Nov 26, 2024, 10:21 PM
Nov 26

At least on the retail side, they've been struggling to sell inventory, and its backing up their supply chains. I'm anticipating that there will be a lot of hoopla about Black Friday and Cyber Monday, but that the real figures are going to be anemic because they are already having to lower prices.

William Gustafson

(375 posts)
85. I am wondering if Black Friday will be as good as previous years...
Wed Nov 27, 2024, 12:25 AM
Nov 27

People may be holding back money until they see where things are going to go...

Being retired, I know I am cutting back on the amount of presents I will be buying this year. I may not have SSI and Medicare but this time, next year....

Exp

(44 posts)
20. But the rich will still be able to buy a motor yacht tax free by doing the sales deal 20 miles off shore..
Tue Nov 26, 2024, 08:02 PM
Nov 26

angrychair

(9,950 posts)
21. No evidence to support businesses care
Tue Nov 26, 2024, 08:08 PM
Nov 26

About tariffs or mass deportations. The market closed at record highs.
The only logical conclusion is that businesses want huge tariffs and mass deportations and desperately poor people.

Baitball Blogger

(48,668 posts)
26. My theory: They think they can control Trump by controlling the news cycle.
Tue Nov 26, 2024, 08:17 PM
Nov 26

Media fact checks when enlightening the ignorant will work in their favor.

William Gustafson

(375 posts)
86. One flaw in wanting desperate poor people....
Wed Nov 27, 2024, 12:28 AM
Nov 27

They don't usually have much money to buy only the necessities, so a lot of these companies will not survive... And if we are all poor, they have no one to sell their goods to... seems insane!

sboatcar

(573 posts)
24. If everything wasn't a huge mess, what would they report on to keep people glued to their screens?
Tue Nov 26, 2024, 08:16 PM
Nov 26

turbinetree

(25,463 posts)
25. Lets sit back and see what happens to the "SMALL BUSINESSES" in this country.........
Tue Nov 26, 2024, 08:17 PM
Nov 26

they will get screwed the "corporations" can and will absorb the costs to a certain point............but not the small ones this is Economics 101, most of the wall street and big corporations /banks supported that asshole lets not kid ourselves..........

paleotn

(19,702 posts)
35. They're not absorbing anything. Cost are costs.
Tue Nov 26, 2024, 08:40 PM
Nov 26

The consumer pays. Period. EOM. Absorbing would come out of bottom line profit and that ain't gonna happen.

Secondly, higher prices dampen consumption and will lead to a hell of a recession. The last thing corporations want.

turbinetree

(25,463 posts)
48. This I understand completely.............everyone gets the proverbial shaft in this situation........
Tue Nov 26, 2024, 09:17 PM
Nov 26

but the small business will go bankrupt first...........that is economics 101, trade wars are still trade wars


https://www.theguardian.com/us-news/2024/nov/26/trump-tariff-threat-worldwide-response

paleotn

(19,702 posts)
53. Agreed. Those that can't pass it on just might.
Tue Nov 26, 2024, 09:30 PM
Nov 26

Our the inevitable economic downturn could kill them for lack of capital. Bigger businesses have capital reserves to weather storms. Mom and pop's are cash strapped even in good times.

Blue_Roses

(13,486 posts)
66. This!
Tue Nov 26, 2024, 09:52 PM
Nov 26

How many times have we had a Repub president send us spiraling into a recession? Compare that to a Democratic President...no comparison.

History repeats itself--again.

paleotn

(19,702 posts)
107. But this one is so painfully obvious from the start...
Wed Nov 27, 2024, 04:53 PM
Nov 27

and more importantly, benefits NO ONE but Trump. The monied class just isn't going to have it. I'd bet dollars to donuts K Street is already in full swing derailing this crazy ass shit.

Rebl2

(15,113 posts)
28. Economists
Tue Nov 26, 2024, 08:19 PM
Nov 26

warned weeks before the election that if he imposed tariffs on other countries, that we would end up paying for those tariffs with increased prices on goods we buy. They also said by summer inflation would be back.
Hope it backfires big time on Trump and his fellow republican idiots.

paleotn

(19,702 posts)
33. No shit. That's how tariffs work.
Tue Nov 26, 2024, 08:37 PM
Nov 26

The corporations supporting it? Bullshit. That dampens consumption and takes money out of their pockets. I call bullshit on your last part.

GoYouPackersGo

(156 posts)
34. Don't worry, when prices rise Trump will blame it on the "Democrat Party" and
Tue Nov 26, 2024, 08:38 PM
Nov 26

his loyal followers will lap it up just like a dog that eats its own shit.

LoisB

(9,054 posts)
38. Amazing that those of us with at least half a brain knew this BEFORE the election. As did the MSM but they chose
Tue Nov 26, 2024, 08:44 PM
Nov 26

or were ordered to not report this fact.

Wiz Imp

(2,634 posts)
46. I gotta say I think this was reported by the media pretty consistently
Tue Nov 26, 2024, 09:10 PM
Nov 26

Could they have done a better job? Of course. But this is one issue where the mainstream media didn't just ignore it and did try to explain it to their audience at list a bit. Examples:

https://www.nbcnews.com/business/economy/tariffs-economists-dont-rcna176164
https://abcnews.go.com/Business/would-trumps-tariffs-trigger-global-trade-war-experts/story?id=114887448
https://www.cnn.com/2024/09/09/politics/fact-check-trump-vance-tariffs/index.html

This is one area where the failure wasn't so much on the media as it was on the audience. RIght wing media, of course didn't report the truth about how tariffs work and the cult members automatically believed whatever Trump told them. But the non-cult members who voted for Trump anyway absolutely would have heard the truth about tariffs had they listened to the MSM. The problem is, they didn't listen. This one is on the stupidity and ignorance of the voters, not so much the media.

taxi

(2,037 posts)
64. The media pushed it like advertisers push lottery sales.
Tue Nov 26, 2024, 09:51 PM
Nov 26

They advertise lavish life styles, boats, cars, beautiful people, and worry free living. In the fine print at the end is a phone number to call if you think you have a gambling problem, every bit as much of the message as the media's coverage on tariffs. Yes, they had it covered.

Wiz Imp

(2,634 posts)
70. Sorry but you're wrong. Just because people didn't listen doesn't mean it wasn't there.
Tue Nov 26, 2024, 10:00 PM
Nov 26

I hardly ever watch MSM but when I did I heard numerous stories explaining the reality of tariffs. The reality was made clear to anyone who wanted to listen. The fact that people apparently didn't want to listen isn't their fault. On this issue they definitely did their jobs.

taxi

(2,037 posts)
71. Please tell me what is incorrect in my answer.
Tue Nov 26, 2024, 10:04 PM
Nov 26

I agreed with what you said. I said they covered it. I also suggested they were minimal in their coverage. So what's the problem?

PCIntern

(27,085 posts)
47. I couldn't be happier...
Tue Nov 26, 2024, 09:13 PM
Nov 26

The ramifications of electing this miscreant again will certainly, not trickle down, but be a veritable Niagara onto the Trump Electorate.

Yes and on us too. I know this.

Bluetus

(381 posts)
63. And WHY are the corporations speaking up?
Tue Nov 26, 2024, 09:48 PM
Nov 26

It is not to stop Trump. Quite the opposite.

It is crisis profiteering.


Trump will stir up the shit, causing prices to go up 10%. Corporations will raise prices 30% and say, "Sorry, we're just trying to cope with these tariffs like everybody else."

Then, after the corporations have made about a half trillion dollars of windfall profits, they will put a couple billion of that back into Republican campaigns for 2026 to keep the gravy train rolling.

Klarkashton

(2,397 posts)
77. "trump was better in the economy I got free money
Tue Nov 26, 2024, 10:23 PM
Nov 26

Back then and trump signed the checks"
Fuck all of them.

orleans

(35,408 posts)
82. i think it was "the david" and his abc news that i heard reporting it
Wed Nov 27, 2024, 12:19 AM
Nov 27

and thought:
WHAT??? YOU'RE TALKING ABOUT THIS AS IF IT IS A NEW REVELATION??? FUCK YOU!!!!!!!!!!!!!!!!!!!

they were all too busy trying to get trumpie back in the white house so they didn't bother reporting the TRUTH about what he was planning. such assholes.

GiqueCee

(1,584 posts)
93. How To Coup D'tat 101...
Wed Nov 27, 2024, 09:11 AM
Nov 27

... First, control the message by subverting and taking control of the news media. The standard definition of the phrase suggests that violence is an essential tactic, but that invariably disrupts the social and economic fabric, and is detrimental to the business interests whose funding is essential to the success of the endeavor. So, you boil the frog slowly, and when it realizes that it's in trouble, it's too late. Just ask that treacherous scumbag, Rupert Murdoch.
When the intended target is a nation of 300-odd million people, Many avenues of attack must occur simultaneously, albeit, slowly. Rome wasn't built in a day, and America won't be destroyed from the inside out in a day. Corrupting and hamstringing the educational system to mold willing drones Incapable of critical thinking builds a malleable base of public support for their own destruction.
The list is long, but y'all get the gist of it. It's been ongoing for decades, but the weasels have succeeded in taking over Toad Hall, and now they're going to trash it once and for all. They will burn it to the ground so they can rule over the ashes.

Have a nice day.

mikelewis

(4,232 posts)
98. Elon Musk wasn't wrong. This economy is going to destabilize severely. 10158
Wed Nov 27, 2024, 01:40 PM
Nov 27

Last edited Mon Dec 2, 2024, 07:42 PM - Edit history (9)

Here's the raw deal. Down and dirty.

The President. He can't lower the price of food or make more oil appear out of thin air. He can't give you a job unless he hires you himself or indirectly through his direct federal blalaklkfjajd nonsense... nonsense. And yes... an entirely new swarm of assholes are sweeping in to fuck things up and this time... they definitely don't trust those last set of assholes. So, we get to smell the same shit. Just different assholes.

Now can he fuck things up... sure. But temporarily as well... the reason he won the election is the people actually wanted him. That's how it works. I didn't and don't but that's the deal. Ethically unless he eats a babies head on tv, I don't see much stopping this and frankly, I don't think I want to as... I actually think that asshole blowhard is right.

I think Elon was right and this economy is in serious trouble. I think the majority of people have no earthly idea how money works. They put their trust in money like they put their trust in God, by watching successful people and trusting ... 'That's how it's done'. That's it That's your economic model. For real... I know you can't believe that but it's a horrible, horrible truth.

Most people don't know this but it was Sir Isaac Newton who put England on the Gold Standard. There is a reason why the greatest Physicist... and I mean absolutely no disrespect by calling him a Physicist, I apologize immensely Sir.... but yeah, why the Mint? Ever think about why someone like Newton chose to be the Master of Coin? No? Just staring blankly at the screen are you? Had no idea? Did ya?

Well, yeah... Newton... Mr. Fig himself was Master of Coin and Lord of Castle Le Rock. Why? And why did he do what he did? Hmm.... sorry... probably not relevant. Ancient history and as we know, history is unique each and every time. Look. We have TV's. We have limitless porn of every imagination. Who gives a shit what Newton and his clearly estranged butt-buddy Leibenz... Leibniz... shit... why is that so hard to remember.. I call him Mr. Binary. LOL

But one thing we need to recall.

Remember when the housing market collapsed? What did we do?

That's right, we scrimped and saved and paid... no?

No?

No.

We borrowed 2 Trillion dollars and gave it away to spend as fast as possible. Well no... George Bush Borrowed a Trillion and Obama walked in and doubled down. And they just gave it away... Here... take it! Why would Obama double down on insanity? Hmm.... Can't figure that one out.

Well... Let's think. Remember the Collapse of 2002 when our economy evapo... no? NO?

No?

How... oh that's right... we borrowed Trillions of dollars and attacked Iraq to get our chemical weapons back. Fuckers actually destroyed them.... can you believe it! Who gets rid of chemical weapons? I mean who? That's nuts? Well... they did... My bad. Still, economic ruin averted....

What economic ruin? Oh yeah... Enron Worldcom Tyco... on and on and on and well... too bad all the evidence to put all that corruption away just evaporated along with your concern about economic collapse. Why worry about money when you have Snipers killing everyone everywhere!!! YIKES....

You laughed at that hot ass Sarah Palin for building a bridge to nowhere! Why? Every bridge in Alaska is a bridge to nowhere! LOL. What the fuck do you spend billions of dollars on for no sudden reason! How on earth does that work?

So... Please... I do understand the gloom and doom but honestly... what is fucked up is Cheney was on our side. Cheney. On our side... I'm thinking it's time to just sit back and take my time and do the best I can with what I got. Oh and I spend time reading too... so I don't stress as much...

Just my thoughts...


Oh... the point. Who do I want to handle the collapse? Hmm... the best person to blame it on? Sounds like the perfect Cheney plot to me...


----

'The sun didn't shine... we couldn't play. What did we do? We just sat, sat, sat...And then something went BUMP! OH How that bump made us jump', said the cat, his smile sliding like a shimmer.

'Why do you sit there like that', said the cat?

'I know it's bleak and that sun isn't sunny but still, let me tell you something that is quite so funny...'

Holy shit... would you get the fuck out of my head!!!

'How can you be so certain you're not in my head?', said the cat. His smile growing all at once gigantic and tiny at the same time while staying the exact same size.

Stop that Cat!

The cat licked it paw and stared out the wall of the box where the window should be... the sun warming his fur as the soft moonlight serenades us. I drink a bit of Alice's potion... making sure my calculator is in my pocket... these numbers are going to be massi...

'These numbers are going to be massive', said the Cat. Without even moving his lips...

'Say, isn't it almost time for tea?', I asked.

The cat didn't even look up... I knew he hated the Hatter but honestly... if you're going Quantum, you need infinite Tea.


https://www.democraticunderground.com/12023253


10158

LiberalArkie

(16,745 posts)
108. The execs knew like the always do. They will make out like kings even if the corporation suffers.
Wed Nov 27, 2024, 06:43 PM
Nov 27

They still get their money.

Stop paying bonuses and giving stock and options to people making decisions and a lot will change.

The Jack Welch philosophy is no good

Latest Discussions»General Discussion»Omigod! The Secret is OUT...