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Showing Original Post only (View all)A crisis is unfolding on Main Street..... [View all]
Matt McDermott
Tired of hearing that this is a Wall Street problem, not a Main Street problem.
Small businesses are panicked. Inflation is rising. Consumer confidence is tanking. Tourism is collapsing. Layoffs are next — all thanks to Trump’s tariffs.
A crisis is unfolding on Main Street.
——————-
Mark Cuban
Imagine being a small business with debt, that you used to import products you had manufactured in china. In the time it took to make the products, tariffs were added, that more than doubled your cost. They are crushed
Are there any states offering support for their businesses ?
—————
The reports of European visitors having their phones searched at the border and turned away if they've criticised Trump in private messages has already had an impact on US tourism.
Keep in mind most people book these trips way in advance. This is just the start.
https://www.ft.com/content/6dc16a54-8de1-4f3b-8409-ecb566118127
The Number of Europeans traveling to the US has cratered under Trump
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And imagine being a soybean farmer and your crop is just getting ready to harvest. China doesn't buy your crop like
Walleye
Apr 13
#1
Sadly, the corporations will come in and gobble up the farms that go broke. Vulture capitalism in on the menu.
Evolve Dammit
Apr 13
#19
My Depression era parents told me this. If you were rich going into the Depression, you did very well.
Evolve Dammit
Apr 13
#28
That has been going on since Nixon began ignoring small farmers and only provided aid to the largest operations and
ShazamIam
Apr 14
#49
Reagan did that in the 80s. Now vantzy-pantz is poised to steal the family farms.
Clouds Passing
Apr 14
#54
I guess they carry insurance for crop loss, but it will be much more expensive
travelingthrulife
Apr 14
#55
Honestly, I think they will go ahead and vote Republican in the midterms. They can't help it brainwashing
Walleye
Apr 14
#57
Travel from Canada to US already down somewhere between 19 and 34% in March and that is just a start
Bernardo de La Paz
Apr 13
#6
Damn. Looks like it's up to the Canadians to show us how to stick together. We're not doing it.
Walleye
Apr 13
#8
Yes, good on the hundreds of thousands taking direct action, we must now kick it up to sustained millions.
Magoo48
Apr 13
#16
Really great point. We are as divided as the Civil War and Drumpf's abuse has solidified our friends to North. Rightly
Evolve Dammit
Apr 13
#20
How to unite the world: Insult every country, attack every country's economy, and proclaim victory. . . nt
Bernardo de La Paz
Apr 13
#11
Thanks. Not touche, it is said in solidarity with the blue citizens of the US like you. . . . nt
Bernardo de La Paz
Apr 13
#13
Inquisitor Homan will meet his deportation quotas no matter who is swept up.
travelingthrulife
Apr 14
#56
European visitors having their phones searched and getting turned away if they criticized Trump...
GiqueCee
Apr 13
#15
Not to mention that there are many small American businesses that export their products to be profitable.
Squaredeal
Apr 13
#21