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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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>all computer parts, tech gadgets, and gizmos have increased anywhere from 20-50% in price
>manufacturing this shit has actually gone DOWN, month after month, for half a year

When does it get better?
>>
>>106481880
Wonderful!
>>
>>106481880
It doesn't.
>>
>>106481880
It's actually gotten better
I've noticed that unbranded chinkshit has actually gotten cheaper despite everything.
Western and Taiwan shit is up but at this point it's not even from the tariffs, it's just the excuse.
>>
>>106481880
Also genuine question. Where does money collected from tariffs go? There must be insane surplus of cash in the budget now.
>>
>>106482024
stop asking questions
>>
>>106482024
>There must be insane surplus of cash in the budget now
Well... actually...
Did you know every administration spends more money than the previous?
>>
>>106482024
>There must be insane surplus of cash in the budget now.
lmfao

But to answer your question: checks and healthcare for boomers. 1% of the federal budget is spent keeping diabetic boomers kidney's afloat alone.
>>
>>106482024
>There must be insane surplus of cash in the budget now.
They've gotten like 3x the amount they previously took in tariffs.
>>
>>106482024
stop noticing trump and musk are our allies abdul working at mcdonalds is the one stealing your money
>>
>>106482024
Federal money management is too difficult to explain, just trust the plan.
>>
>>106482024
>corrupt capitalist says foreigners out
>poor people vote for them
>corrupt capitalist steals from everyone
but u guys told me that trump is gonna save me. why is he trading billions with arabs while im still unemployed
>>
>>106482024
To renovate the big beautiful White House, of course
>>
>>106482024
>no dont notice the capitalist plot to steal money keep focus on the muslims and indians
>>
>>106482024
Just 20 trillion more for AGI.
>>
>>106482024
How does money work, at all?
>>
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>>106482024
The tariffs were meant to offset the cost of trumps big beautiful bill. On paper, the budgetary bill was negative some number of trillions over the next several years, and tariffs on paper replaced that loss.

They were basically meant to be replacing/supplementing income tax with a consumption tax, but now that a federal judge ruled them illegal, it's a pretty fucked up situation financially.
>>
>>106482097
>consumption tax
Huh, never looked at it from that perspective but you're probably right.
>>
>>106481880
It's just getting started, give it like, say two weeks. Trust the plan, shadilay, maga, keep on trucking, etc.
>>
>>106482024
>be capitalist
>want more money
>hey theres a bunch of idiots whom i can steal money from as long as i keep making them hate some ethnic group
I wonder why Trump is bowing down to Arab royals. It surely has nothing to do with their economic standing.
>>
>>106482097
It's okay, Trump is going to fire and replace the fed chair with his own people, and cut rates. It won't lead to inflation like Turkey, it's a promise.
>>
>>106482024
Good question. I haven't even see journalist ask that.
>>
>>106482024
Mohammed is getting all that money. Dont you see how all the Muslims are wealthy golfers living in Mar a Lago?
>>
>>106482113
Youd be banned for life with the current administration. Its literally a police state.
>>
>>106482091
Wait, is Biden still in office? Eventually you're gonna have to stop using that as a crutch when confronted, Brantley.
>>
>>106482024
I can tell you where it comes from, and it's not from foreign countries.
>>
>>106482091
Hello Ivan how is the weather in Texas Oblast? Have you already posted how much you hate Muslims as a proud White American (Turkic Russian)?
>>
I hope the next president takes a look at who made how much inside this administration. It could be quite entertaining. On a serious note, Trump allowing crypto into employees pensions is a fucking disgrace, man. Some of you guys will be truly fucked by this.
>>
>>106482091
when you call the webm US doesn't know instead of jared bernstein doesn't know you out yourself as a tribal midwit from a shithole country. Don't @ me.
>>
>>106482135
Have you ever heard of commas?
>>
>>106482125
It's literally not. Trump loves to show off and pretend he's doing the big scary thing. When it comes to the boots on the ground stuff, he put a bunch of guys marching as a pretext to let that bald dude who loves to fuck Mexicans grab them and store them into his dungeon.
>>
>>106482024
>Also genuine question. Where does money collected from tariffs go? There must be insane surplus of cash in the budget now and likely israel.
>>
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>check board
>isn't /pol/
huh?
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>>106482186
Manufacturing technology is technology.
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>>106482194
point to the tech itt.
if you want to talk about stuff like connected factory, industry 4.0, or some shit, then talk about that.
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>>106482047
Actually, it just goes to israel.
>>
>>106482237
>Actually, it just goes to israel.
This and AI. They want to create evil AI gods in the US.
>>
Manufacturing is obsolete anyways
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>>106482024
There's no surplus. There's ~37 trillion US debt. Then there's the $1.7T + federal deficit annually. Tariff has only collected ~100B in revenue that is ~2% of federal budget. Its not even enough to pay for annual deficit, let alone overall debt.
>>
>>106482024
It's being used to partially fund the BBB. Even then the US government is still spending more than it has incoming. There's no surplus.
>>106482097
As this anon says the tarrif thing is a ruse to implement a VAT system like they have in Europe but pretending it's not really a tax on consumers.
>>
>>106482273
US Manufacturing* is outside of maybe, automotive.
>>
>>106482091
It is true. USA can print money because the dollar is world's reserve currency
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>>106482302
>It is true. USA can print money because the dollar is world's reserve currency
For now, because that crypto shit might bite them at the end because the US legalized it.
>>
>>106482097
>offset the cost of trumps big beautiful bill
so it's a new tax.
You pay that tax when you pay more for imported goods.
Trump gave $4T to the 1% and makes the 99% pay for it.
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>>106482345
>so it's a new tax.
>You pay that tax when you pay more for imported goods.
>Trump gave $4T to the 1% and makes the 99% pay for it.
Yup and Americans will just vote for another trump in the next election.
>>
>>106482302
Don't look up how gold has doubled as the world's reserve currency in the past decade. Everybody's been slowly decupling from the USD.
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>>106482417
Keyword here is "slowly"
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>>106481880
If tariffs worked to prop up industry south america would be an industrial powerhouse.
In reality it just hurts actual manufacturers by increasing the price of supplies and the local products end up being even more expensive than before, so importing with tariffs still ends up being way cheaper and people just keep paying the marked up foreign goods.
>>
>>106482186
The chinkshit shills here are bored and probably a bit minged that they’re stuck shilling on such a dead ass site.
>>
>>106482362
All democrats had to do was drop the tranny shit.
>>
China has already won. Just give up all your manufacturing. China is a real super power that can make everything everybody needs. Most of the world trades with China more than the US. All the US has left is money printing and slightly more advanced technology.
>>
>>106481880
It won't get better until import taxes on raw materials go away.
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>>106482097
I don't understand why these fuckers in congress are so allergic to a VAT

Its so obvious
>>
>>106482060
>>106482067
I just don't want to look at brown people.
>>
>>106482527
Pretty much this. And stop letting illegals in
>>
>>106482567
They are so good at playing the long term game, but I have a feeling that Xi Jiping's pride and willingness to cement his legacy as the dude who got Taiwan will fuck things up badly. I guess that's for the better. As bad as the Americans are, I kind of fear the Chinese authoritarianism being exported much more. If the US just toned down the meddling in other countries affairs shtick more they would be vastly better.
>>
>>106482302
Any country that issues its own currency can.
>>106482417
The USD being the reserve currency is what obliterated US manufacturing.
>>
>>106482527
Yeah, on one side, trannies, the other an absolute unfit war mongering buffoon dipshit with insecure God complex who is totally willing to shit on the constitution to do as he please. Such a hard choice.
>>
>>106481880
For actual reshoring to occur we need more than just tariffs. We need to essentially threaten businesses at gunpoint to make them pay Americans to do jobs they can get slave labor to do in China or India. It also requires curtailing illegal immigration and work visa/contract worker abuse which suppresses wages. Essentially make the market only accessible to both US and foreign companies if you pay Americans livable wages or you pay a tariff so high it completely offsets the savings of slave labor.

This is never going to happen in a single administration. High tariffs, a tight border, empowering ICE, and severely limiting the H1-B visa program are important steps that require continued vigilance. There isn't anything restricting US companies from offshoring heavily though, and we need years of investment in US manufacturing still.
>>
SAY "THANK YOU MAGA"
>>
>>106482676
what wars did he start?
>>
>>106481880
The goal of the tariffs wasn't to help American labor. The goal was to help American corporations, because we are so far behind in manufacturing technology that we literally cannot compete with the Chinese in our own market. American manufacturing is so dogshit that it is literally cheaper to make stuff on the other side of the planet and ship it here.
>>
>>106482709
tbf your currency has been overvalued for decades
>>
>>106481880
tariffs require deliberate long term policy which is the opposite of what the US is capable of
>>
>>106482689
>Aug 21 (Reuters) - U.S. business activity picked up pace in August, led by a resurgent manufacturing sector that saw the strongest growth in orders in 18 months, a purchasing managers survey showed on Thursday.
>S&P Global's flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 55.4 this month, the highest level since December, from 55.1 in July. A reading above 50 indicates expansion in the private sector.
>“A strong flash PMI reading for August adds to signs that US businesses have enjoyed a strong third quarter so far," Chris Williamson, chief business economist for S&P Global Market Intelligence, said in a statement. "The data are consistent with the economy expanding at a 2.5% annualized rate, up from the average 1.3% expansion seen over the first two quarters of the year."
>The improvement came largely from the manufacturing sector, where the flash PMI surged to 53.3 - the highest since May 2022 - from 49.8 in July and defying economists' expectations for a second month of contraction.
>Manufacturing received a bump from new order activity at the highest since February 2024.
>The services sector, meanwhile, eased back to 55.4 from 55.7 in July. Economists polled by Reuters had forecast the services PMI slipping to 54.2.
>>
>>106482689
THANK YOU MAGA
>>
>>106482608
*corporate tex
Nobody is doing dividents, the only thing corporate profits do is sit around as cash reserves until a retarded bubble comes and they go to a bunch of grifters, or the company goes to shit and they hand it out via stock buybacks
>>
>>106482691
The keyword is enabled, at least to continue. Didn't phrase it correctly.
>>
>>106482709
>we are so back behind china in manufacturing technology, let's tariff shit to help
>damn making shit in china and importing is so expensive to me, maybe I should make a factory here, I've looked into it before but it was too expensive
>let's see the main cost will be... importing all the machinery from china
>>
>>106482709
Where's the state investment to build those industries then?
>>
>>106482881
You get the stick, not the carrot.
>>
>>106481880
>all computer parts, tech gadgets, and gizmos have increased anywhere from 20-50% in price
Name 3 examples
>>
>>106481880
Everything always gets worse over time under keynesianism.
>>
>>106482689
Thank you, MR PRESIDENT Donald J Trump!
>>
>>106482881
Tariffs weren't meant to redistribute tax dollars as corporate welfare they were meant to cover up the gaping hole in the budget from trumps big stinky bill and exert market pressure in favor of domestic manufacturing
>>
Works on my machine. Much of the products I buy have gotten cheaper over this year.
>>
>>106481880
>When does it get better?
After spending 30 years offloading fundamental inputs to China, it's going to take a long time to adjust.

Massive inflation of the cost of every input is making it impossible to quickly build anything for the moment, things need to go sideways for a while.
>>
>>106482864
China has been suppressing it's currency for decades. They weren't ahead in anything, they were willing to keep their citizens poorer.
>>
Literally nothing I buy has been more expensive, even chink shit
>>
>>106482091
He does a shit job at explaining how it works, it doesn't help that the audioless webm's subtitles includes all the uhms and pauses. When people hear "the government PRINTS money" they assume they literally just print a ton of new physical money at the US Mint or another country's equivalent to the Mint. So much confusion would be avoided if they just said "the government BORROWs money by selling bonds to buyers, that they then have to repay with interest in the future"
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>>106481907
>I've noticed that unbranded chinkshit has actually gotten cheaper despite everything.
for example?
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>>106483561
This is partly true but it's not the whole picture. They are definitely ahead in manufacturing. They are churning out everything from retail products to naval warships faster than any other nation can keep up.

And yes, a large part of this was them using currency pegging to manipulate their currency to make it more favorable for them to export goods to other countries, and your right, wealth is extremely concentrated in China and the majority of people are dirt poor because of it.

It's an interesting dynamic in ways. People from better families are able to afford to send their children to any country in the world to study and work, and bring back their money and skills, while the poor get stuck doing a 996 job making peanuts
>>
>>106482024
>Where does money collected from tariffs go?
It goes to a place that starts with I and ends with srael
>>
>>106482186
Pork rectums have bones?
>>
>>106483595
Just anything
Bought a 5 pack of some multimode fiber 3 years ago and it's $1 cheaper now from the same seller or you can spend the same and get a whole other cable.
Bought some fabric pots and they used to be $1.25 for each for the cheapest I could find and now they are half at $0.66. Really looking at it, all my horticulture supplies are ever so slightly lower. Except at the local store but that's a given.
That's just stuff I can directly compare as I've bought them mutiple times and actually have a record of the price I paid


I thought to myself for a second that all the random chinkshit seems so cheap because everything is more expensive but for most things that aren't sold under a western or Taiwan brand, prices are somewhat lower, or at the very least trending the same.
>>
>>106481880
Those were all fake jobs. The real jobs are only getting more bigger every day. Low unemployment too, best economy in ages.



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