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livewithinyourmemes@lemmy.world to Political Memes@lemmy.world · 5 months ago

Another trickle down economics lie

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Another trickle down economics lie

lemmy.world

livewithinyourmemes@lemmy.world to Political Memes@lemmy.world · 5 months ago
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  • capital@lemmy.world
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    5 months ago

    If history repeats itself, China will institute tariffs in such a way so as to target Trump voting states/counties as much as they can.

    But this whole thing will be disastrous to us all, to be clear.

    Edit: Bringing a link from lower down in the thread: https://www.nytimes.com/interactive/2018/10/03/business/economy/china-tariff-retaliation.html

    • jaybone@lemmy.world
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      5 months ago

      How will they do that?

      • Artyom@lemm.ee
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        5 months ago

        Without looking at data, I would suggest taxing aluminum first because that will make cheap beer more expensive. Cities will tend towards bars (steel kegs) and independent brewers (glass bottles), while conservatives will drink bud lights from a can.

        You could probably do way better with data, and China has more data than any other country. They will find the perfect product to tariff.

      • LeFantome@programming.dev
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        5 months ago

        Tax whiskey, car parts, and agricultural output ( for example ).

        • Cort@lemmy.world
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          5 months ago

          Didn’t they just stop buying soybeans last time?

      • capital@lemmy.world
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        5 months ago

        I’m having a hard time finding old articles from Trump’s first presidency but I remember some analysis of the retaliatory tariffs China implemented seemed to target products produced in redder states and counties.

        Edit: Finally found what I was looking for (I really dislike mobile versions of websites btw).

        https://www.nytimes.com/interactive/2018/10/03/business/economy/china-tariff-retaliation.html

        • Hotdog Salesman@programming.dev
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          5 months ago

          Soybeans are the big one they hit last time

          • SaharaMaleikuhm@feddit.org
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            5 months ago

            Sell them to me then. I need the soy milk for my coffee.

            • stroz@infosec.pub
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              5 months ago

              I’ve got some bad news about that coffee…

        • JoeBigelow@lemmy.ca
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          5 months ago

          You don’t drink much beer if you think microbrews come in glass bottles. It’s almost exclusively cans.

          • capital@lemmy.world
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            5 months ago

            ?

            • JoeBigelow@lemmy.ca
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              5 months ago

              Did I stutter?

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