@joe_hubbard: That’s Not How Tariffs Work…or Capitalism. @𝕱𝖈𝖐𝖓𝕳𝖎𝖘𝖙𝖔𝖗𝖞2 #tariff #tariffs #trump #donaldtrump #election2024 #maga #trumptrain #redwave #democrats #republicans #conservativesoftiktok #politics #politicstiktok #politicstok #economy #economics #capitalism

Joe Hubbard
Joe Hubbard
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Region: US
Monday 02 December 2024 21:15:42 GMT
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mishelem_
MM :
“Let me learn you somethin” …. that was all I needed to hear 💀
2024-12-02 22:52:37
2471
kbferg0
user8129882433180 :
I can’t wait to get Idaho coffee. And everyone knows Vermont grows the best cacao beans.
2024-12-02 22:14:04
824
rednecktigger
Rob/megan :
the fact that these clowns think there are companies that will start up and produce products we haven't made here in decades 2 weeks after Trump gets in office.
2024-12-04 15:35:26
2
efboyle
user8100047802629 :
I do NOT know why this is SO hard to comprehend?!?! 😏😏
2024-12-02 21:24:34
600
deirdreseale
deirdreseale :
Also, if they have to buy more ingredients and bigger ovens to meet the new demand, prices will go up.
2024-12-02 21:21:45
351
dodell36
Danny O :
"Now I just have more sucky bread" was so unexpectedly hilarious 😭
2024-12-02 22:02:36
376
millymme07
Millymme :
and also its way cheaper to import than to make yourself bc for makeing you need more employees wich need wages wich means more profit needed
2025-03-02 17:44:29
0
antogaff
Antogaff :
It allows them to up their prices too
2025-03-01 17:13:10
0
tiofish
TioFish :
The local vendor would sell bread at a higher cost because it would still cost less than their competitors. Either way, the price still goes up!
2024-12-02 23:03:34
2
christopherw.davi04
Christopher W. Davis :
Because if they raised there price to 1.90 people will still buy from A as it's only .10. However, if they continue to sell at a 1.00 their sells will go up. Which would allow them to make/sell more
2024-12-05 07:20:40
2
shoyo_hinata02
Shoyo 🇬🇧 :
1) So being understanding business the point of a tariff is to make a foreign product more expensive making the local product more competitive and driving customers to the local product. In theory
2024-12-03 02:47:20
2
lizghent678
liz ghent :
and not to mention, it's not as easy to say 'well then stuff will be made here'. using that baking analogy, now that bakery will have to buy ingredient, equipment, and pay labor.
2024-12-02 22:02:29
24
maxsteele43
Max STeele :
You assume people are willing to buy at the higher price. I’m only willing to buy the bread for $1. So the local guy now sells twice as much bread at $1, still doubling his profits. The other leaves
2024-12-05 20:33:12
1
illogicalrogue2
illogicalRogue2 :
good lord they're dumb as rocks.
2024-12-26 23:00:47
16
dantheforkliftguy
Dan Livingston :
also, where are they going to find people to work in the factories, not even considering the amount of construction workers it will take to build factories.
2024-12-02 22:49:01
3
cb.controvert
CB Controvert :
It also disincentives cooperation between nations, which runs a risk of war or other conflict.
2024-12-03 00:26:14
3
deedeldee
DeeDee :
That's not even an analogy!
2024-12-02 22:06:57
3
mikew4207
Mike W4207 :
I think he's dumb
2024-12-05 12:52:43
5
config.mgmt
SciFi fan :
And in the case where both bakers import their bread, a 3rd baker won’t have the capital to invest in land, build a bakery, hire staff, & buy ingredients to compete.
2024-12-03 01:07:24
2
freckle_fart_90
Tate :
Very classy not to attack him at the end, sir.
2024-12-03 05:28:30
5
thyladyx
Christina Woodruff :
there was demand for two bakeries worth of bread. now there is only one bakery w bread. ergo they control the price w no competition
2024-12-03 00:45:35
3
emdl_0
Em :
even if the non tariffed baker doesn't raise his price nothing is getting cheaper. that's best case cause chances are some ingredient comes from another city.
2024-12-02 23:43:55
4
suprnrs5
suprnrs :
It’s not going to make domestic manufacturing more efficient……..with domestic manufacturing, we need to remember unions & salaries
2024-12-02 23:59:18
2
maxrager88
Max Rager :
Concepts of efficiency
2024-12-02 23:32:42
4
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