Earlier quoted context omitted.
[flagged]
>When did I say that? I interpreated as such here: >inevitably these posts devolve into politics
It looks like your interpreter might be buggy
Best Buy and Target CEOs say prices are about to go up because of tariffs
161–170 of 259 posts
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#162Earlier quoted context omitted.
the $100 billion investment in 2025 is new. the first investment in 2020 is also from trump first term. doge has only been at work for 45 days, give it time. it's starting to look into military and medicare already.
There is no way that conservatives are going to let DOGE touch Medicare that and social security are the third rail and he can’t cut either one without Congress. What is he going to do? Not send checks to senior citizens? The minute you cut military spending - again you can’t do it without Congress - Republicans are going to grow a spine. Do you remember the FoxConn investment that never happened? https://www.reuters…
>There is no way that conservatives are going to let DOGE touch Medicare that and social security are the third rail and he can’t cut either one without Congress. What is he going to do?
I've been highly disappointed everytime I said this year "there's no was X". I heard Medicaid was the same but look what's happening as we speak.
He'll break something, bad. Maybe then people will wake up. He's already starting the astroturfing over "dead people collecting social security" because the programmers don't understand the code they are reading. That's how it starts, eroding trust in the system.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#163Earlier quoted context omitted.
Most of the post 2016 China exit investment was to other cheaper southeast Asia countries. My phone was made in Vietnam.
which is a win! less concentration in a single country, particularly a hostile one, is a positive outcome
This isn't going to end with more companies building domestically. Trump disrupting the CHIPS act shows that isn't his goal.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#164Earlier quoted context omitted.
Most of the post 2016 China exit investment was to other cheaper southeast Asia countries. My phone was made in Vietnam.
Your phone was made in the US. They’re all black rectangles. The reason you picked the phone you use is because of the software, written here. All the LTV is tied up in software and services. Almost all made by Americans. To me, the status quo is very good - there can be unlimited valuable software written but people only need one phone. A policy of pro manufacturing doesn’t necessarily make sense in each specific.
>the reason you picked the phone you use is because of the software, written here
No, I picked it because of hardware too. You can't just say "your sandwich was made in america because the bread was made here". I didn't order bread, I ordered a whole sandwich.
And honestly, the sentiment of the software being American made is also more suspect by the day.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#165I'm no fan of tariffs, but oh please. Last time their prices went up because of COVID and because of supply chain disruptions. Now they are going up because of tariffs. All of their earnings calls are filled with analyses of their "pricing power" i.e. the degree to which they can pass on these costs to customers. But when the costs decline, they are happy to keep the prices inflated and pocket the profits.
Yeah, that's the trap many people don't realize. price almost never come down after inflation.
If you want that, you need deflation. And I'm not sure at this point if that's a better move than what's going on now.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#166I don't know if tariffs are the right answer but I want so much less Chinese junk in this country. We are absolutely overflowing with low quality junk.
Best of luck. Companies want lower costs to make stuff, customers want lower costs. We did indeed fall from being a superpower when we outsourced all out labor overseas.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#167Earlier quoted context omitted.
"These are external taxes paid by the exporting countries. Beautiful tariffs will allow the US to eliminate the IRS and replace it with an ERS". Basically no point in even having a conversation about it. The same way you don't discuss evolution with someone who thinks the universe is 6000 years old.
Who pays the tariff depends on the relative elasticity of supply and demand.
Can you give a few examples of this?
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#168Earlier quoted context omitted.
Based on what logic…? There’s not a widely agreed upon definition of intelligence last time I checked. So it seems impossible for “idiocy” to be any better defined. There’s not even such an agreement that all human adults are even sentient in the first place, or what the critical threshold is.
>Based on what logic That trump's narrative of what tariffs are is a lie and that these do not in fact help the economy. They can help, but not the way trump is using the tools. >There’s not a widely agreed upon definition of intelligence last time I checked. >Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith. https://news.yco…
How does this relate to the prior claim?
It’s clearly possible for people to have ulterior goals and motives… so assessments based on outward usages, of anything, seem irrelevant to determining intelligence, or the lack of it.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#169Any bets on how this will be justified by Trump voters? I'm thinking at first it'll be 'playing hardball negotiating tactic' and when it looks like the tariffs are here to stay 'paying more is patriotic'.
well, going to r/conservative, top answer in a tarriff thread: >To influence companies to produce their goods domestically instead of internationally. What is so hard to understand about this? So they are stuck in Just World Land. another top comment linked this: https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-pr... So they more or less buy into "The extraordinary threat posed by illegal aliens and drugs, i…
I didn't formally verify it, but during the Russian internet blackout, r/conservative was very quiet. I assume that the responses you read on that forum are not from actual US conservatives. After reddit purged most conservative subs (in 2 waves, when Trump 1 began and when Trump 1 ended), I don't think you'll find any conservative subreddits.
Unfortunately, I haven't found a forum that's accessible and with lots of conservatives. You have some on X and you have YouTube channels. Both are harder to engage with.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#170Earlier quoted context omitted.
>Based on what logic That trump's narrative of what tariffs are is a lie and that these do not in fact help the economy. They can help, but not the way trump is using the tools. >There’s not a widely agreed upon definition of intelligence last time I checked. >Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith. https://news.yco…
How does this relate to the prior claim? It’s clearly possible for people to have ulterior goals and motives… so assessments based on outward usages, of anything, seem irrelevant to determining intelligence, or the lack of it.
This is my first reply to you, AFAIK. So I'm not sure what the thoughts are of the claim up the chain.
I'm not interested in this tangent here that you keep trying to veer on. Point it many economists know this trade war is not good for the economy. The history of this is as recent as Trump 45.