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[-] leisesprecher@feddit.org 110 points 23 hours ago

Obviously I don't know the business in question, but it's quite possible that the company has a bunch of longer running contracts that would become a loss if the inputs become much more expensive.

Of course, businesses will use the opportunity to charge more, but sudden price hikes are a very real problem.

[-] WoahWoah@lemmy.world 49 points 22 hours ago

This is almost certainly what's happening. The proposed tariffs will be very hard on American businesses and devastating for the consumer. It's quite literally a fairly severe tax on domestic companies and the American people. But, honestly, we could do with a less consumerism in this country. Unfortunately, it's likely to cause a tough economic downturn that will hurt poor people the most.

[-] curbstickle@lemmy.dbzer0.com 24 points 21 hours ago

that will hurt poor people the most.

As is tradition.

[-] Corkyskog@sh.itjust.works 8 points 18 hours ago* (last edited 18 hours ago)

Be hilarious if Trump simultaneously collapses the economy and starts a green movement built around an inherent need for a second hand economy.

[-] WoahWoah@lemmy.world 6 points 18 hours ago

Stranger things have happened. Like him getting elected, for instance.

[-] Captainvaqina@sh.itjust.works 2 points 17 hours ago

And 20 million voters disappearing into thin air...

[-] WoahWoah@lemmy.world 5 points 17 hours ago

Well, they didn't disappear into thin air. 12 million less people voted for Harris, so basically the democrats lost the election more than Trump won it. Trump got basically the same number of votes as he did against Biden.

[-] Captainvaqina@sh.itjust.works 1 points 14 hours ago

Yes that's what I meant though. Their votes disappeared. Our electronic voting machines have known first hand vulnerabilities.

I think they figured it out finally. They've been trying to gain access this entire time, and some Republican traitors are being prosecuted for it as we speak. Or were. I guess laws don't matter anymore since America is finished.

this post was submitted on 07 Nov 2024
671 points (97.3% liked)

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