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Another trickle down economics lie
(lemmy.world)
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this post was submitted on 26 Nov 2024
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It doesn't matter. They're all just pretend the prices are lower.
"It's a delayed market response to the irresponsible socialist policies of the Biden/Harris administration."
Someone I live near said it wouldn't matter because his income would be going up, and his tax burden would get lower, so the tariffs would be off-set. Now his company is cutting everyone's compensation, even the the c-suite, and, if the tariffs really are upwards of 35% on China, they are looking at moving to Europe