Trump tells Walmart to 'eat the tariffs' after retailer warned it will raise prices
Trump tells Walmart to 'eat the tariffs' after retailer warned it will raise prices
I know this will get downvoted for not shitting on trump in some way but this sounds like hes telling walmart's corporate board members to take the revenue loss at their own expense without passing the cost increase to their customers. If Bernie said this it would get a standing ovation. Fuck everything else Trump tho.
The difference is that Bernie:
Whereas Trump:
I can appreciate when a stopped clock is correct, but i wouldn’t rely on it the rest of the time.
Other taxes besides tariffs can be passed to consumers too
Bernie supports targeted tariffs on low wage countries like China. He disagrees that tariffs on higher wage countries, like Germany, are a good idea.
That's not a fair comparison, because Trump created the tariffs. If Bernie has instituted tariffs, there would be a purpose and a plan. Trump doesn't have a plan, or whatever his plan was it isn't going the way he wanted. He wants the Waltons to eat the loss to make his plan look better. It has nothing to do with income inequality or wealth redistribution. It's ego. Trump took a steamy wet shit on the carpet and he wants the rest of the world to clean it up.
Trump doesn't have a plan.
But the people running Trump do, and they are not stupid. These tariffs must indirectly benefit them.
They don't. They've said they really don't. What it DOES do is increase the instability of the market, and a lot of the people behind Trump stand to profit if they can pick up the pieces after a financial collapse, just like what happened in 08, just like what happened in 2020.
Dunno. Project 2025 seems pretty organised, and that's the public part of the plan. Financial collapse must be part of their secret plan.
Bernie would have arrived with a plan, at at least something better than a concept of a plan. Assuming he decided to put tariffs on China, he probably would have raised tariffs slowly, announcing everything clearly in advance. So the market has time to spin up alternatives instead of sudden shocks causing inflation.
You honestly think that if Bernie imposed tarrifs on China, and then told Walmart to eat the costs people would cheer?
I know everyone's jumping on this, but Trump yelling "EAT THE TARIFFS", in addition to being meaningless, is also quite in-line with the neolib/neoconservative presumption that companies will do the right thing for people.
Bernie's platform of Medicare for All, a $15 living wage, covering eye care and dental under Medicare... those all would be written into law. Encouraging Walmart to eat the tariffs is like trusting a corpo to pay workers a living wage.
Not gonna applaude someone for asking a hospital to foot the bill for people they just shot.
You don’t cheer for the bullet that killed Hitler; even though you approve of the outcome, you can still hate bullets and hate Hitler.
And that's stupid. Where does he get off setting prices. Is this Russia. He fucked it up now his way of "fixing" it is to tell them to stop doing that. If he had a brain like Bernie he'd have come up with some legislation to promote American businesses instead of just trying to tax everyone.
You're not wrong.
Weird he’s telling them to tank their stock. That said, also crazy what the stock has done since last April.
Tesla +2.09, palentir +1.09, DOGE +2.52, UHC +17.56...
Look at UNH closer - it’s half what it was a month ago. +17.56 was because they just brought back an old CEO on friday. And Tesla is down $9 since close on Friday. The doge is a nice touch, though. LOL
I see your point, and would prefer to see lines down, but that's just me. Stock market shouldn't exist, imo.
