Conversation

Notices

1. Embed this notice
   djsumdog (djsumdog@djsumdog.com)'s status on Tuesday, 08-Apr-2025 02:36:13 JST djsumdog
   Always zoom out to keep things in perspective before losing your shit. Most people have probably been set back to around September of last year.
   • Embed this notice
     djsumdog (djsumdog@djsumdog.com)'s status on Tuesday, 08-Apr-2025 02:48:49 JST djsumdog

     in reply to

     • Weltzeitgeist
     The only way tariffs would work is if they get combined with massive tax cuts. People earning under $100k/yr or joint filings under $130k/yr all really need a massive tax break .. like at least $3k added to your return if you earn $50k or less.
     
     So far a lot of the tariffs seem to be affecting luxury goods (high end electronics, video cards) and really aren't that massive for individuals. Americans should be incentivized to buy a Whirlpool washing machine over a Samsung, but at the same time, no amount of tariffs are going to make TSMC and Intel get their shit together and finish their US based fabrication plants any faster.
     
     The whole thing is an interesting cluster fuck.
   • Embed this notice
     Weltzeitgeist (wackjackle@norden.social)'s status on Tuesday, 08-Apr-2025 02:48:50 JST Weltzeitgeist

     in reply to

     @djsumdog Yeah, everybody should also keep this in mind, I agree, but the outlook really doesn't look good if tariffs stay..