“Foreign exporters did not meaningfully reduce their prices in response to US tariff increases,” a report released Monday by the Kiel Institute for the World Economy said. “The $200 billion surge in customs revenue represents $200 billion extracted from American businesses and households.” “The tariff functions not as a tax on foreign producers, but as a consumption tax on Americans,” Kiel researchers Julian Hinz, Aaron Lohmann, Hendrik Mahlkow and Anna Vorwig wrote.
anyone who doesn’t know this already should not be considered an adult and be sent back to education. preferably in the form of education camps.
Yeah, but the way The Bigly Manly Macho Bidnessman Who Is So Successful At Bidness says it so loudly and forcefully when he says he’s going to “tariff” this country or that country means it is they who are getting punished, right? It is not really a tax on ME, is it?
I mean, Taco is a stable genius who made so much money at steaks and casinos…
it serves to remind us the owning and ruling classes do not consider us human.
Open the fucking schools dude it’s so insane we don’t have basic civics education in this country
for real.