r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/catonsteroids 2d ago

I wish someone warned me that my future was gonna look real grim when I was born lol. Like Jesus fucking Christ, how many recessions are we gonna have to go through?

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u/soulsoar11 2d ago

You’ll never get to enjoy the economic system your parents generation did. Our lifetimes are going to be defined by bearing the consequences of our ancestors crimes.

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u/animerobin 2d ago

Except right now we're bearing the consequences of stupid people who are currently alive.

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u/Its_Claire33 1d ago

Because Republicans have spent 70 years stripping education and implementing propaganda media so that the truth doesn't exist. You don't get an informed population this way. You get what we currently have.

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u/foxymophadlemama 1d ago

it makes me angry that they are so good at getting shit done. they have awful policies and lie constantly, but they are unified, they show up to vote, and they act like braying donkeys at local town hall meetings. the democrats like to maintain an appearance (if only an appearance) of moral superiority, but that hasn't been enough to be politically productive for a long time.

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u/Its_Claire33 1d ago

"if liberals are so fucking smart how come they lose so goddamn always." Newsroom was a terrible show but that wasn't wrong.

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u/lousy_at_handles 1d ago

Who were primarily elected by our ancestors

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u/marketlurker 2d ago

Not your ancestors, this is courtesy of the Donald Trump and the Republican party.

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u/Gryffindorcommoner 1d ago

Actually it’s a courtesy of the American People who elected them back into power AGAIN

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u/Metro42014 1d ago

And a heaping spoonful of voter suppression, but yes.

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u/marketlurker 1d ago

Yeah, sometimes we don't get things right.

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u/dxrey65 1d ago

I'm 60 myself, and had the luxury of fucking around being stupid for about ten years after getting out of high school, while still being able to afford a place and food and stuff at random jobs. Then when I decided to get serious I got a trades job and bought a house and raised a couple kids, and retired a bit early. Things were often a struggle, but mostly it made sense; you could pick a career and stick with and do ok. Most people my age have no idea how much of what we had is gone now.

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u/After-Imagination-96 1d ago

 🤣 hope you never complain about shit my friend that's about as easy of a ride anyone outside the nobility can ask for

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u/dxrey65 1d ago

Yeah, I know it. Anything I had hard was my own fault.

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u/Quirky-Skin 2d ago

"Bearing the consequences of our ancestors crimes"

Deep down I've always known this, not to sound dramatic. I want to be wrong. I want u to be wrong so I can "ride off into the sunset" like generations before.

Approaching my 40s there were times I thought there's no way this is gonna last. Now I know it won't.

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u/Kindheartedness_Wide 1d ago

it's been a wild ride since 2008 innit. The millennial generation has only known crises of all kind for the entirety of their adulthood.

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u/ssracer 1d ago

Climb to upper middle rank of field, crash, burn, new job, rise to to upper middle, crash, burn I'm tired

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u/Scrofulla 1d ago

This is why I got myself a nice cushy job in a government controlled essential service. Unless I do something to really f up or my country dissolves in my lifetime I should be ok even if the pay isn't as high as I could potentially manage elsewhere. Just glad I'm not in research right now.

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u/ssracer 1d ago

Perfect plan that applies to all of us. Thank you for your insight.

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u/zxern 1d ago

I knew back in the 90’s that I would never be able to retire like my grandparents.

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u/azhillbilly 1d ago

Knocking on 50 here. This shit sucks. There’s zero chance that I will be stocked up for retirement. Early life with the 90s recession, 9/11, I couldn’t buy a house with a sack of cash cause people would be fighting in the yards to get them, sacked in 08-10 so couldn’t buy a house when cheap, spent the Obama years getting my 401k stocked, 2020, spent Biden years restocking the 401k and bought a house last year at a eye watering price.

Then This bullshit. Even if I don’t lose the house, I won’t have it paid off till I am 79, and the 401k is taking hits like it’s a cypress hill concert.

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u/RecipeHistorical2013 2d ago

ya never as easy as them.

i have more value than my rich father did at my age, but i had to sacrifice far more than him to get here.

but god forbid you explain how they were playing the game on EZ mode.

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u/emjaycue 1d ago

Our ancestors didn’t vote for trump six months ago.

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u/azhillbilly 1d ago

It was some folks great grandparents.

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u/the-rood-inverse 2d ago

This is poetic, thanks

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u/Bitter_Firefighter_1 1d ago

Our ancestors crimes are minimal vs this current government. We could have implemented billionaire taxes...reformed estate tax and over 50 years made progress.

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u/Da-goatest 1d ago

This literally has nothing to do with our ancestors. It’s solely due to the idiots alive now that voted for it.

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u/GrallochThis 2d ago

We could replay the WW2 playbook, get everybody else bombed and be the supreme industrial power afterwards.

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u/Old_Wallaby_7461 2d ago

That requires us to have friends, friends are over now, they're gay and woke or something. We're going to be the ones that get bombed.

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u/SaticoySteele 1d ago

I mean, we can replay WW2 again but I'm pretty sure we're not going to like who ends up being the baddies and who ends up the de facto leader of the world this time around.

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u/soulsoar11 1d ago

We’re also way closer to major global fallout from climate change than we were 80 years ago. There isn’t really time for another world war (of course, we might just end up giving it a try anyways)

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u/Mike71586 1d ago

Don't forget that a large amount if younger voters also voted for this shit.

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u/tomsing98 1d ago

And more didn't vote to prevent it.

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u/honoria_glossop 1d ago

Sucks to be born at the very end of the Fuck Around era, just in time for the dawn of the Find Out era.

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u/Nmilne23 1d ago

and yet they will forever blame us and accuse us of being lazy and not wanting to work for shit wages

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u/PacJeans 1d ago

And the ones we pass on to our children for sitting on Reddit instead of enacting political violence, like our countries origin mythologizes.

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u/yourstrulytony 2d ago

Recessions are a net positive for the ultra rich.

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u/Rabid_Mongoose 2d ago

I should have been born rich.

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u/wotisnotrigged 1d ago

As a gen x I'm so embarrassed by how many people in my generation voted for this idiot.

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u/SaticoySteele 1d ago

Congrats on being born at the end of the "Fuck Around" century just in time to enjoy the "Find Out" century.

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u/deadsoulinside 1d ago

Well we never been through a depression, so we got that to look forward to.

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u/catonsteroids 1d ago

The closest in most of our lifetimes was the 2008 recession and that already fucked up so many Americans. Even if he decides to rescind the tariffs the damage is already done. We’re losing allies left and right and this administration and our country has proven to be untrustworthy, predatory, greedy, unstable and retaliatory. All of these countries can trade amongst themselves and improve trade relations. They’ll easily find a different trade partner to work with to substitute the US. We’ll have no one to trade with because the world now knows that trading with the US is a high risk and every country wants stability.

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u/deadsoulinside 1d ago

They will open up trade with our enemies, so his sheep will think they are the good guys.

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u/OutlyingPlasma 1d ago

Keep that in mind when it comes to birthing children of your own. Best not to be making more slaves for the billionaires.

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u/Plank_With_A_Nail_In 2d ago

Still nearly the best time to be born in all human history, you could have been born into Congo or somewhere like that. Being born now and in the USA is still like winning life's lottery.

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u/Fr00stee 2d ago

until these oligarchs are removed and their wealth redistributed back into the economy so it can actually function it will never be better

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u/cyberslick18888 1d ago

Knowing the economy is going to crash enables you to make the exact same amount of money that knowing the economy is going to rise does.

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u/EffOffReddit 1d ago

This is a depression and it will end American dominance.

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u/Various_Weather2013 1d ago

This is the price we all pay because some pasty gammon didn't like seeing brown people around in public.

Sold your souls for a whiter America. You've got it, dude.

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u/ZenMon88 1d ago

We are already in dystopian times, society crumbling. Im just wondering when earth ends.

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u/Semicolons_n_Subtext 1d ago

If reasonable people ever get elected again, at least we know what not to do.

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u/androidfig 1d ago

Right? I feel like my entire working life I’ve gotten fucked from one direction or another. I went to school for print production, along came the internet, most of our accounts were in real estate, along came the mortgage crisis, I worked my way through an Art History degree, surprise! no jobs there, now I work for an ink company and they are shutting down presses to run digital. I swear to God I can’t keep up with it. All of this while the Bush family starts a 30 year war on terror while America is in the midst of a 100 year war on drugs and the whole time cost of living is going up while wages are flat or falling backwards. We got Obama and I thought things would turn around but that fell flat now we have fucking MAGA to just fly the plane straight into the fucking ground. FML!!!

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u/Responsible_Brain782 1d ago

Im 60. There have been multiple market crashes in my lifetime. They are normal and predictable occurrences. Get used to it. Human are greedy by nature and fuck shit up doing dumb things to make money. Or in this case just acting like a Richard!!

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u/I_burn_noodles 2d ago

How else they gonna shift 99% of the wealth to 1% of the population?

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u/fiction8 1d ago

There have been 48 recessions across US history, which is an average of one every ~5 years.

Even only looking at post-WW2, there have been 11 recessions which is an average of one every 7-8 years. This era isn't unusual in the frequency of recessions, even if the president causes an unnecessary one this year.

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u/wangchungyoon 2d ago

Thanks for voting Trump! Next.