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Six months into tariffs, businesses have no idea how to price anything

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Re: Six months into tariffs, businesses have no idea how to price anything

#301

Trump is even using Tariff threats to strong-arm other countries to retreat on their climate goals [1]. If the Supreme Court agrees that the Trump can do this then that means we have a dictator — one that will do way more harm than the one in North Korea. [1] https://www.nytimes.com/2025/08/27/climate/trump-internation...

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https://www.nytimes.com/2025/08/30/us/politics/trump-modi-in...

Re: Six months into tariffs, businesses have no idea how to price anything

#302

Earlier quoted context omitted.

See this is what I don't understand. Everything you just said about China is a positive. Everything you said about China is achievable in the USA, and we at least HAD a head start on soft-power influence. Instead we should just have tariffs instead of actually making the lives of Americans better while FIGHTING affordable housing, high speed rail, and EVs. We've got an entire team of goons who would rather rack up pe…

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Is it weird that I get more worked up about the misuse of "literally" than your use of a slur?

Re: Six months into tariffs, businesses have no idea how to price anything

#303

Earlier quoted context omitted.

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Whatever mayor they're 'under threat of' can't be much worse than the one who's currently in place who is under threat of indictment from the federal government over bribery, fraud, and illegal foreign finance contributions, who has has eight of his staff resign in the last year under federal investigations, and lost multiple other staff resigning on principle. People are already acting like Mamdani is responsible fo…

Weren't the charges against Eric Adams dismissed with prejudice? [1] They shouldn't have been dismissed at all, but the judge didn't want the president to be able to directly control the major of NYC.

I personally think he should at least be impeached because I have the woke liberal opinion that people in power taking bribes is bad.

[1] https://abcnews.go.com/Politics/mayor-eric-adams-case-dismis...

Re: Six months into tariffs, businesses have no idea how to price anything

#304

Earlier quoted context omitted.

Some of them yes, some of them no. There are now several thousand different "tax brackets" for imported items and the apparent rates on them fluctuate by the day.

Most global post offices are just suspending packages to the US because they don’t know what the price is or how to pay it.

Makes it hard to believe the administration's claims of hundreds of billions in revenue

Re: Six months into tariffs, businesses have no idea how to price anything

#305

Trump is even using Tariff threats to strong-arm other countries to retreat on their climate goals [1]. If the Supreme Court agrees that the Trump can do this then that means we have a dictator — one that will do way more harm than the one in North Korea. [1] https://www.nytimes.com/2025/08/27/climate/trump-internation...

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Re: Six months into tariffs, businesses have no idea how to price anything

#307

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The fundamental question is who gets to start, control, own and grow businesses. Who makes those decisions? If it’s not private citizens, it is government functionaries. The latter has been tried many times. It can just about work, but only barely, and it has all the same problems of patronage, cronyism, monopolisation and labour abuse as capitalism but x10.

Re: Six months into tariffs, businesses have no idea how to price anything

#308

Earlier quoted context omitted.

> But if they do choose to leave, or at least stop expanding their businesses, you can’t deny the rational self interest "If you tax the rich, they will leave" is a myth created by the rich so that you won't tax them. In the middle of the 1900s, the tax rate on the wealthiest Americans was 91%. Nobody is going to leave over Mamdani's extremely modest proposal.

> In the middle of the 1900s, the tax rate on the wealthiest Americans was 91% You forgot to mention that only half of capital gains were subject to tax. So the highest marginal rate was 45.5%.

The maximum effective rate on long-term capital gains was 45.5% but the top marginal rate on ordinary income was 91%.

In any case, this is all a major deflection resulting from the lie that the low job creation rate is due to "the threat" of a possible future mayor rather than tariffs.

Re: Six months into tariffs, businesses have no idea how to price anything

#309

Earlier quoted context omitted.

> If you penalize the rich, they just move, and then the new system will stop class mobility. This is a myth created by the rich so that you won't tax them.

It's pretty observable and part of the reason many microstates are extremely wealthy. Also keep in mind the US is a winner here. The UK loses the most millionaires and it's had an observable impact on their economy.

No, Bob is right and you are wrong.

Re: Six months into tariffs, businesses have no idea how to price anything

#310

Earlier quoted context omitted.

Beware of rankings that rate perception. Also most easily available statistics are from 2020. The US economy has been a massive winner post-Covid and has diverged a lot from some countries. This website should be a good example. The typical Sr Software dev in the US would be in the top 1% to 0.1% of earners in European countries and Canada. The US has more millionaires than many entire European countries have citizen…

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> It’s not even worth arguing.

Fine, then we can safely ignore anything you write.

> HN is beyond absurd

Because not everyone agrees with you.

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