this post was submitted on 26 Nov 2024
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Summary

A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.

Trump has championed tariffs as a key policy to boost domestic manufacturing, but economists and corporate leaders warn costs will be passed to consumers, potentially adding $2,600 annually to household expenses.

While Republicans are more supportive of tariffs, only 51% think they will benefit the economy.

The poll highlights widespread concern over tariffs’ economic impact, especially amid lingering inflation and financial uncertainty.

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[–] [email protected] 2 points 3 hours ago

I upgraded my GPU and bought a bunch of audio stuff that I was gonna wait to pull the trigger on til later. Not taking the chance of not being able to afford it later.

[–] [email protected] 9 points 7 hours ago (1 children)

The other third are household pets.

[–] [email protected] 3 points 6 hours ago

The other third are household ~~pets~~ plants.

Give the pets a bit of credit, even they saw this shit coming...

[–] [email protected] 11 points 8 hours ago

Maybe they should have voted appropriately on Nov 5.

[–] [email protected] 33 points 11 hours ago (2 children)

Alternate headline: 1/3 of Americans Functionally Didn't Receive High School Education

[–] [email protected] 8 points 9 hours ago

This comment is both fucking hilarious and shittily depressing at the same time. I don’t know which emotion is stronger.

[–] [email protected] 9 points 10 hours ago

Tbf, I was very ignorant regarding tariffs as a young adult post highschool. But also, we have the Internet, and Google, and as of now we have fucking AI that can ELI5 literally any topic you are interested in knowing more about if you aren't an ignorant piece of shit. But here we are, America is full of ignorant pieces of shit. Shocker.

[–] [email protected] 17 points 11 hours ago* (last edited 11 hours ago) (2 children)

The other 3rd are just that braindead

[–] [email protected] 11 points 11 hours ago (1 children)

Well now hold up, a little more than half of the 2/3 knew better but voted for it anyways. Id say they're pretty braindead too.

[–] [email protected] 6 points 10 hours ago (3 children)

A little more than half knew better but didn't bother to vote.

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[–] [email protected] 3 points 11 hours ago (1 children)

but they are more likely to vote than the other two thirds.

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[–] [email protected] 6 points 10 hours ago

ITT 1/3 of Americans are fucking morons

[–] [email protected] 50 points 16 hours ago (1 children)

GM's stock price is down 8% today.

I would like to take this opportunity to congratulate automotive union workers who voted for Trump.

[–] [email protected] 16 points 15 hours ago (2 children)

It’s not like the actual workers see any of the money when the stock price goes up…

[–] [email protected] 20 points 15 hours ago (1 children)

Yeah, but they are the ones let go when the stock tumbles.

[–] [email protected] 13 points 14 hours ago (1 children)

Sounds like a pretty dumb system if the people who actually make the product are only exposed to downside but don’t benefit from the upside. We should probably tear that whole system down.

[–] [email protected] 1 points 2 hours ago

They get profit sharing checks. Those profit checks go down when the company is less profitable. Those profit checks go to $0 and their paychecks go to $0 when the company is losing money and has to let people go.

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[–] [email protected] 12 points 13 hours ago

I love how people are debating this as if it's not a well understood concept. Can't wait till we get headlines like "1/4 of people belive a bullet to the head might possibly be fatal in some cases".

[–] [email protected] 43 points 17 hours ago* (last edited 14 hours ago) (3 children)

There are 258 million adults in the USA. Almost 77 million people voted for Trump. Which is about 30%.

I think we can all deduce which 1/3 of Americans are too fucking dumb to understand Trump's tariffs are a bad idea.

[–] [email protected] 25 points 15 hours ago (1 children)

What about the rest who were too dumb to vote at all and got Trump as a free gift?

[–] [email protected] 1 points 1 hour ago

They suck, but not as bad as the people who actually voted for trump? Trump voters are the real evil assholes.

[–] [email protected] 21 points 16 hours ago (1 children)

I'm guessing a third are too fucking stupid to know what a third is

[–] [email protected] 18 points 16 hours ago (1 children)

But 1/4 has to be bigger since 4 is more than 3!

[–] [email protected] 12 points 16 hours ago (1 children)

I'm guessing you already know this... but that is literally the reason why A&W's 1/3lb burger (launched to compete with McDonalds' 1/4 pounder) failed lol

[–] [email protected] 11 points 15 hours ago

They should have called it the 2/6th as 2>1 and 6>4!

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[–] [email protected] 5 points 11 hours ago (1 children)

A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.

Galaxy brain economics.

[–] [email protected] 1 points 8 hours ago* (last edited 8 hours ago)

I mean when they drew it up they showed commuter costs were up hundreds of dollars a piece. If he does what he says he was planning to do every company's IT budget is shot. If people thought they had old computers before, no chance they are getting upgraded if that happens. Instead of saying new laptops every 3-4 years and desktops 5 years they'll likely just switch back to desktops and say every 6 years, cutting out paying for docks/port replicators, and having more reasonsl to force users into office to get people to quit and cut payroll costs as well. Bottom line still goes up, CEO and stocks go up, quality of product/service... Goes down

Note obviously that cuts into the network infrastructure and all software licensing as well. You have to renew licenses, maybe can cut some cost if you cut staff, but it means forcing more users to cheaper software, and likely holding off all wireless access points upgrades/installs, new fiber runs etc

[–] [email protected] 206 points 22 hours ago (11 children)

So 1/3rd of Americans don't understand how economies work or what a tariff is.

[–] [email protected] 74 points 21 hours ago

Gotta be the same 30-40% that vote trump no matter what he does.

[–] [email protected] 87 points 22 hours ago (2 children)

US has lead pipes, piss poor education standards with not enough funding, environmental pollution, bought out media that perpetuates toxic culture

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[–] [email protected] 49 points 18 hours ago (3 children)

It amazes me that Republicans can be supportive of what is a blatant tax grab by the federal government. Trump is basically saying "I'm going to add a federal sales tax on top of the majority of everything you buy to the tune of 25% or more. With China, a lot of that is manufactured consumer goods. But with Canada and Mexico, we're talking food products, automobiles, natural resources needed by American industries, etc.

[–] [email protected] 4 points 11 hours ago* (last edited 10 hours ago)

I would guess your amazement is because GOP are understood to be in favor of small government, when actually they are favor of doing w/e the fuck they feel like to enrich themselves because their voter base is so fucking stupid they would vote for a rock if you said it would be thrown through a liberals window once elected.

My biggest concern is what will happen when the party that runs on christian nationalism and prejudice (redundant), that has majority control of the entire government, and is flush with tax revenue, is going to accomplish over the next 2-4 years...

[–] [email protected] 13 points 17 hours ago (1 children)

Somehow he'll still have a deficit.

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[–] [email protected] 35 points 18 hours ago (1 children)

So where were you on Nov 5th?

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[–] [email protected] 49 points 19 hours ago* (last edited 19 hours ago) (9 children)

The other 1/3 of people probably don't even know what a tariff is.

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[–] [email protected] 78 points 22 hours ago (28 children)

If 2/3 of people seemingly understand the truth, how tf was he voted back in? Can they get rid of the outdated electoral college system yet?

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[–] [email protected] 42 points 20 hours ago (1 children)

Maybe they should have bothered to vote? Crazy idea, I know.

[–] [email protected] 2 points 7 hours ago

No, blah blah blah, not prefect candidate, blah blah.

Can't blame them for being lazy shitheads. Of course it's someone else's fault.

[–] [email protected] 13 points 17 hours ago* (last edited 13 hours ago) (1 children)

I like how the headline says 2/3 of Americans "think" tariffs will lead to higher prices. The other 1/3 aren't thinking at all.

Tariffs are passed on straight to the consumer and the main outcome is that Americans will need to pay more. Demand for products from other countries isn't going to suddenly disappear. Some things can't be easily made in the USA, and sometimes the items made overseas are a higher quality product.

It's like rebates - they very rarely benefit the consumer. Having a 30% rebate for solar panels is fine, but it means the prices are at least 30% higher than they should be, which is obvious if you compare US prices to European and Australian prices for identical systems.

[–] [email protected] 13 points 16 hours ago

The illegal tarrifs on Canadian softwood lumber raised the price of a single family home in the US by more than $10,000 while Canadian lumber companies enjoyed record profits because demand remained high. The tarrifs are intended to allow less cost effective American companies to charge more by making more cost effective foreign products more expensive. It's about raising prices.

Trump voters voted to pay more to make rich people richer.

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