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  1. Embed this notice
    Chuck Darwin (cdarwin@c.im)'s status on Sunday, 27-Apr-2025 04:48:43 JST Chuck Darwin Chuck Darwin

    I still don't think US political system takes seriously what could be coming this year

    Take tariffs:
    One of our bigger customers did their investor call and it was basically
    “the recession won’t be worse than COVID, and we were fine then”

    To which:

    1) It can definitely be worse

    2) The feds aren’t giving away thousands of dollars this time to prop up demand -- shelves will be empty

    -- achedes.bsky.social

    Also people will give you grace in a real emergency like Covid, but in a made-up emergency patience is not going to be people's go-to move.

    In conversation about 3 months ago from c.im permalink
    • Embed this notice
      (Grumbling) “Mazar fakar” (mrbirch@mastodon.social)'s status on Monday, 28-Apr-2025 19:02:59 JST (Grumbling) “Mazar fakar” (Grumbling) “Mazar fakar”
      in reply to

      @cdarwin in theory, it should be better than the issues during COVID: as soon as the tariffs go away, within 30-60 days, shelves could start to refill.

      BUT, Americans will need to feel quite a bit of pain before their Republican Members of Congress will feel enough heat to start pushing back.

      My guess is by the end of the summer, the screaming will be full throttle and the Rs will start to cave.

      In conversation about 3 months ago permalink
    • Embed this notice
      (Grumbling) “Mazar fakar” (mrbirch@mastodon.social)'s status on Tuesday, 29-Apr-2025 01:13:31 JST (Grumbling) “Mazar fakar” (Grumbling) “Mazar fakar”

      @Infoseepage @cdarwin
      Very much agree. Businesses want predictability.

      In conversation about 3 months ago permalink

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