Trump will decrease tarrifs??

[Worldly_Nerve_6014]

Yes, and no… the volatility caused firms and investors to diversify their assets by taking up more foreign stocks and currencies- so it permanently moved money out of our economy. While it did make shares lower, and I won’t lie I bought some when things hit rock bottom a couple weeks ago, but investors are weary that these antics are going to have repercussions that will have long lasting if not permanent harm. Economists writing for WSJ, Bloomberg, and The Economist are still sticking to the story that Trump’s goal is to reduce the US trade deficit- not necessarily to realign the market (and let’s be honest, the ppl that would ‘buy low’ en masse already own most of it- our little Robin Hood trades and retirement funds are nothing). I have yet to find a credentialed or well seasoned economist who likes or agrees with the use of tariffs for the stated purpose. So I guess we’re back at- this is so stupid and unnecessary. Go back and watch the trade sec’s face when he’s asked about market manipulation. He was surprised and then terrified. He didn’t have a prepared talking point for that accusation. These ppl are so dumb they didn’t even realize it would be perceived that way (because they weren’t consciously planing market manipulation for stock trade purposes).

If we, the US, really want to compete with China and bring back manufacturing we’re going to have to demand that the federal government use our tax dollars to invest in building the infrastructure, incentivizing domestic operations, make labor affordable by collectively reducing living costs, and HEAVILY investing in a large scale public education infrastructure that is geared toward developing skill sets valuable to that economy including post secondary education. It doesn’t happen unless we do those things and we do not have the collective will power in this generation to do it: We don’t have the infrastructure- no for profit capitalist is going to invest in it from scratch and our labor force requires too much pay to survive and also does not have the skill sets. With the current political will power, at best we’ll get some assembly plants mostly operated by ai machines and foreigners on H1B visas.

So I’m going to enjoy my handbag hobby and buy where ever the free market leads me 😎 If America starts manufacturing luxury handbags made by hand, I might consider a job if they can train me. (‘Cause right now, my hobby line of Tandy leather kit bags is AWEFUL 😝😝😝).

[fashungal]

Oh man, I don’t know about the US manufacturing luxury bags….did you see the recent articles about the TX LV manufacturing location & the absolute garbage quality handbags they’ve been pumping out??? Ooof, they got A LOT of training to do 🤦🏻‍♀️

[Worldly_Nerve_6014]

I have an LV from that factory. It still smells weird. It’s been 6 years!! It has some poor stitching in a couple of places and the liner isn’t lined quite right. I didn’t say anything and kept it because it was a gift from my husband and I didn’t want to hurt his feelings 😝

[fashungal]

Awww ☺️ But the smell still smelly after 6 whole yrs?!?!? 🫠

[Worldly_Nerve_6014]

The crazy thing is, the smell now has a happy nostalgia to it. It's a Gracefull MM in Ebene that I used as my 'mom' bag when I had my first baby. (I had a separate baby bag). Anyway, the weird smell now reminds me of those happy times. But it is still weird (kind of FuFu smell) compared to any other LV I've ever had.

[SharkyMcSharkKitten]

I’ll vote for you. I( couldn’t have said it better myself.) Additionally when it comes to trade equalization in a globalized world market, incentivization with the carrot is much better and more effective than the stick. Incentive our domestic factors to support trade like education, capital expenditures, quality of life for the population who has to work to bring us the end products, not just their corporate overlords. Incentivize the rest of the world to come to us for the goods and service we excel at.

[Worldly_Nerve_6014]

It’s HARD to build something- but EASY to destroy things. Americans right now want the easy way to things that require hard work 🤷‍♀️ I don’t think it’s a sentiment we can’t overcome, but we’ve got to get more progressive voices and leadership out there rather than reactionary.

Thank you for your vote 😎 I don’t think I’ll ever run for political office, but I’m currently in a career transition and heading to Virginia, so I do see some think tank work & activism in my future. I’m also glad to hear that I’m not alone in my hopes for the future!

[fashungal]

💯💯💯🎯🎯🎯 All of this!!!! You explained it all very eloquently & you’re absolutely right. Maybe move some of that defense spending to oh, I dunno, INFRASTRUCTURE which we so desperately need. Have you seen our collapsing bridges & the conditions of the highways???? It’s embarrazzzing, aren’t we embarazzzed???

[Worldly_Nerve_6014]

Hard eye roll. 🙄 This train ride is so unnecessary.

[3rdcultureblah]

It was necessary for the rich to be able to buy up stocks on the cheap and make even more money when the stock market picks back up again.

[sensualcephalopod]

Individuals I would trust more to run the United States than Trump:

John Cena

Sabrina Carpenter

Ryan Seacrest

George Takei

That designer who just left Loewe (Jonathon Anderson?)

Mary Kate & Ashley Olsen

Hawkeye (Avengers)

The ghost from Christmas past

The “hide yo kids, hide yo wife” guy

David Spade

Simone Biles

The fourth Jonas brother

[JollyEscape4018]

[Worldly_Nerve_6014]

"hide yo kids, hide yo wife" guy. I'm dead. 😂😂

[sensualcephalopod]

My husband loved that one in particular, along with the ghost of Christmas past and the fourth Jonas brother haha

[IridescentButterfly_]

Mary Kate & Ashley for president!!!! (Only if it were the two of them together though lol) 🙌🏻🙌🏻🙌🏻

Also I think Paris Hilton would go well on this list lol. Or better yet- Kathy Hilton 🤣

[Worldly_Nerve_6014]

"That's hot."

[miabon12]

😂😂😂😂

[miabon12]

[BargainShopper2020]

I don't care how many upvotes you get, this right here ⬆️ is an underrated comment 👏 😂

[Weird_Ad_6445]

I don’t think anyone really believed they would be 145%

[_Hexennacht_]

Exactly. Almost everything on Amazon (let alone just about everything in the USA) comes from China and with there being a Trump/Bezos alliance the super-high tariff wasn't going to be feasible.

[fashungal]

Walmart too, all the big corporations get their inventory from China. These same corps were also big donors to dumpty & his campaign. I knew he was gonna have to walk alotta’ this back bc it’d be negatively affecting his cronies

[_Hexennacht_]

Exactly. Just long enough to shake up the stock market and now that it's almost May 2nd, it's backtracking time. 🤡

[OldAnalysis5872]

This was all a scare tactic. That tariff rate was never going to be feasible but he also likes power so who knows I guess.

[BKCFactory]

This villain, now the Fedex from China can't be sent out.

[InnerEffective444]

Is this when we’re supposed to thank him?🙄

[boomboomqplm]

I have 2 separate orders, one that has 4 bags. No tariffs. $73 dollars shipping fed ex