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Cake day: June 12th, 2023

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  • I think you’re confusing Trump’s ill-informed theory with actually theory and practice.

    If foreign goods are taxed, those companies will not simply absorb the hit to their profits. They will instead increase their prices, which hurts the consumer.

    You may be thinking, “then won’t consumers buy other products?” If so, you need to think a step further. Are there other products that are just as cheap? Will other companies simply raise their prices to match and take advantage of the extra profit? Are there even locally made alternatives to the product, and, if so, are they cheaper than even the tariff price?

    In practice, tariffs are only effective if there are local competitors within the same price bracket, and your populace can absorb the difference in price without much pain.

    https://www.usimportdata.com/blogs/top-10-us-Imports-data-by-country-product-hs-code-database Electronics, vehicles, fuels, medicines, and plastics are among our top imports. Home built vehicles are usually expensive. For example, when you think cheap, you think of a Toyota Corolla or a Honda Civic something. We know fuel is important. Medicines are not an optional cost. Plastics are part of everything. Our economy relies a lot on imports. The US shifted away from manufacturing and towards a service economy a long time ago. We don’t have a many home-built goods as we used to.

    Tariffs will hurt the average citizen by corporations increasing their prices to absorb the profit losses imposed by the tariffs. There are often no comparable local alternatives, and many of these goods are not optional. Americans will pay this price. In effect, this makes it a tax on normal citizens

    Personally, I like the idea of restoring local manufacturing, and I think tariffs can play a role in this… but to do so without harming citizens requires subsidizing local industry to provide cheaper homemade alternatives along with a more gradual adjustment. We would also need to reduce the cost of living in order to make lower wages livable such that the labor cost of local manufacturing is lower. But we all know that’s not happening - we desperately need wages to go up right now to make the cost of living bearable. Slapping double-digit tariffs on goods suddenly is a great way to destabilize an economy. So uh… fuck Trump.


  • TheBeege@lemmy.worldtoScience Memes@mander.xyzfuck this
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    4 days ago

    Since many answers aren’t actually answering the question…

    My comment is largely wrong!! See the reply below

    Most places require a permit to assemble en masse. There are “free speech zones” where you can create large gatherings without any kind of advance notice or permit or whatever. Most universities have a free speech zone towards the middle of their campuses. Cities will also often have at least one but somewhere that doesn’t inconvenience commerce, like a park or near city hall.

    Most mass assembly requires a permit and sometimes a fee, even in public places. Following this prevents arrest by “disturbing the peace” or other such laws, usually.

    How this squares with the first amendment is interpretation. Individual freedom of speech is protected except very specific public order and safety things, e.g. calling for violence. Coordinated, mass freedom of speech is perceived as a fast path to rioting.

    I’m not saying this is right, but this is my understanding of how things work. I’m not a lawyer or an expert in these matters. This is just what I learned from activist friends in my university time ages ago.

    As for expulsion, public universities are run by states. To my understand, Trump has no legal mechanism to do this. He’s just talking out of his ass or expects to bully public institutions into expelling students by threatening to withhold department of education funding… but he’s planning to kill that anyway, so 🤷‍♂️