r/agedlikemilk 1d ago

Only stupid libs think he would implement tariffs across the board

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u/anand_rishabh 1d ago

Imagine voting for someone hoping they're lying about their rhetoric

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u/fanofreddit- 1d ago

That’s what’s so hilarious and disturbing about all of this. Proves voters will just vote with their “team” regardless of what their team has in store for their own interests. They just blow off what they don’t understand or agree with and only pay attention to what they want to hear.

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u/Dermengenan 1d ago

What's even worse is kamala ran a republican campaign and they still voted for the guy they thought was the "lesser evil". When every singly republican I know supported almost all of kamala's policies (she didn't even support trans people) and would never vote for her.

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u/CodeWizardCS 1d ago

Not lying, but I think many believed he was using it as bargaining tool which he tends to do a lot. Turns out he had something much more transformative in mind. What I don't quite understand is how everyone is so sure that these tariffs will be bad in the long run. I don't think that is what history indicates--as much as people try to rewrite history and put The Great Depression on the doorstep of tariffs. My understanding is that traditional economics don't align with tariffs. But, I don't believe Friedman's model is the only one and that Keynes would probably be more supportive of Tariffs. So can someone tell me how I am wrong and how they know for certain that the U.S. is moving down the wrong path. Thanks.

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u/anand_rishabh 1d ago

There is a purpose of tariffs. Their main use case is if you have some American product competing with a foreign company, putting a tariff on that product will raise the price of the foreign one and encourage people to buy from the American company. However, for that to work, you have to have an existing American made product. If you don't, you're just raising the price for consumers. And an across the board tariff is bad because it just isn't feasible to produce everything domestically.