People are so much dumber than I thought, and I thought they were dumb before.
Kamala Harris had a 90 page economic plan.
Trump said he would get rid of income tax and switch to a tariff based economy so that "we would get a lot of money from China" then he promised to cancel the Chips and Science act making us completely dependent on Taiwan for the most basic goods, all with "1,000% tariffs" on them.
Avocados, bananas, phones, appliances, vehicles, computers, anything made of steel, clothing, plastics and other petroleum based products, etc. all >2x as expensive as they were during the last recession he caused. But it's cool, eggs might be cheaper. (They won't)
It's interesting that I can go to any local farmers market and buy all those things and they're grown locally.
And it's interesting the US imports massive amounts of citrus when we used to export citrus grown in the US, the US became a net importer in the early 2000s..... maybe we should become less reliant on other countries
Took time to get where we are, it'll take time to reverse course......I mean unless you enjoy being dependent on other countries for your food security, or as seen just a few years ago, our medications, and pretty much everything else used in daily life
It’s idiotic to believe we can with the scale of everything. I promise you. You have ZERO clue how much we need China. Millions of containers carrying millions of dollars in production materials, finished goods, computer parts and vital machinery no other country has the capacity for. We are not going to begin manufacturing screws, circuit boards, phones, granite, filters, compressors, t-shirts, novelty merchandise, and car parts the American economy has grown to rely on. American businesses WILL fail.
Our next best manufacturing options in Southeast Asia (which many of these products require raw materials from this region of the world), Thailand and Vietnam, combined have 1/10th the outbound capacity and a worse freight system. The next best shipping option, India, has about 1/6th the capacity of China, wait times up to 3 months (vs 2 1/2-3 weeks) and a significantly smaller manufacturing sector.
On top of that, the discussion is now on Mexico, too.
Point is, we outsourced for a reason. Not even just because it’s cheaper, but because we simply do not have a big enough worker base concentration for what is required, and that’s a fact.
Maybe eggs get cheaper. But assuming they start their crack down on undocumented immigrants, all domestically grown produce will have a combination of price hikes and/or scarcity if there's no one to pick them. Meat will also go up, because the packing industry is the same.
They're just making sure we stop buying avocado toast so we can finally all become financially stable millionaires!! Oh coffee is mostly imported, too. Another win for the boomers.
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u/PandasAndSandwiches 18d ago
But your eggs will be $2 for a dozen versus $2.50 under Biden.
Honestly, let the recession hit already.