this post was submitted on 26 Nov 2024
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Summary

A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.

Trump has championed tariffs as a key policy to boost domestic manufacturing, but economists and corporate leaders warn costs will be passed to consumers, potentially adding $2,600 annually to household expenses.

While Republicans are more supportive of tariffs, only 51% think they will benefit the economy.

The poll highlights widespread concern over tariffs’ economic impact, especially amid lingering inflation and financial uncertainty.

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[–] WrenFeathers@lemmy.world 3 points 1 hour ago

The other third are household pets.

[–] El_guapazo@lemmy.world 6 points 2 hours ago

Maybe they should have voted appropriately on Nov 5.

[–] Kraven_the_Hunter@lemmy.dbzer0.com 25 points 5 hours ago (2 children)

Alternate headline: 1/3 of Americans Functionally Didn't Receive High School Education

[–] sparky@lemmy.federate.cc 4 points 3 hours ago

This comment is both fucking hilarious and shittily depressing at the same time. I don’t know which emotion is stronger.

[–] NikkiDimes@lemmy.world 9 points 5 hours ago

Tbf, I was very ignorant regarding tariffs as a young adult post highschool. But also, we have the Internet, and Google, and as of now we have fucking AI that can ELI5 literally any topic you are interested in knowing more about if you aren't an ignorant piece of shit. But here we are, America is full of ignorant pieces of shit. Shocker.

[–] Sam_Bass@lemmy.world 17 points 6 hours ago* (last edited 6 hours ago) (2 children)

The other 3rd are just that braindead

[–] PresidentCamacho@lemm.ee 10 points 5 hours ago (1 children)

Well now hold up, a little more than half of the 2/3 knew better but voted for it anyways. Id say they're pretty braindead too.

[–] CileTheSane@lemmy.ca 6 points 4 hours ago (1 children)

A little more than half knew better but didn't bother to vote.

[–] Ohmmy@lemmy.dbzer0.com 0 points 4 hours ago

This has been common for so long and 2020 was a fluke with voter turnout. You're totally right here, people did just not vote but it's also a result of not giving people incentives that get them to vote. Voting isn't really easy in much of the US, especially for those working long hours at the start of the holiday season. Biden ran on stimmy checks and student loan forgiveness, Harris ran on small business tax incentives and building a wall. Just like with plastics, it's easy to look at individual blame here and get upset with the people who didn't vote but it's the system that made them not want to vote.

[–] pyre@lemmy.world 3 points 6 hours ago (1 children)

but they are more likely to vote than the other two thirds.

[–] Sam_Bass@lemmy.world 1 points 5 hours ago

They are more likely to vote for the wrong team

[–] psmgx@lemmy.world 4 points 5 hours ago

ITT 1/3 of Americans are fucking morons

[–] LANIK2000@lemmy.world 11 points 7 hours ago

I love how people are debating this as if it's not a well understood concept. Can't wait till we get headlines like "1/4 of people belive a bullet to the head might possibly be fatal in some cases".

[–] rustydrd@sh.itjust.works 4 points 6 hours ago (1 children)

A Harris poll reveals that 69% of Americans believe Donald Trump’s proposed tariffs would increase consumer costs, with many planning purchases ahead of his inauguration to avoid price hikes.

Galaxy brain economics.

[–] LifeInMultipleChoice@lemmy.world 1 points 3 hours ago* (last edited 3 hours ago)

I mean when they drew it up they showed commuter costs were up hundreds of dollars a piece. If he does what he says he was planning to do every company's IT budget is shot. If people thought they had old computers before, no chance they are getting upgraded if that happens. Instead of saying new laptops every 3-4 years and desktops 5 years they'll likely just switch back to desktops and say every 6 years, cutting out paying for docks/port replicators, and having more reasonsl to force users into office to get people to quit and cut payroll costs as well. Bottom line still goes up, CEO and stocks go up, quality of product/service... Goes down

Note obviously that cuts into the network infrastructure and all software licensing as well. You have to renew licenses, maybe can cut some cost if you cut staff, but it means forcing more users to cheaper software, and likely holding off all wireless access points upgrades/installs, new fiber runs etc

[–] MapleEngineer@lemmy.world 50 points 11 hours ago (1 children)

GM's stock price is down 8% today.

I would like to take this opportunity to congratulate automotive union workers who voted for Trump.

[–] ayyy@sh.itjust.works 15 points 9 hours ago (2 children)

It’s not like the actual workers see any of the money when the stock price goes up…

[–] pezhore@infosec.pub 19 points 9 hours ago (1 children)

Yeah, but they are the ones let go when the stock tumbles.

[–] ayyy@sh.itjust.works 12 points 8 hours ago

Sounds like a pretty dumb system if the people who actually make the product are only exposed to downside but don’t benefit from the upside. We should probably tear that whole system down.

[–] islands@lemmy.cafe 43 points 11 hours ago* (last edited 9 hours ago) (3 children)

There are 258 million adults in the USA. Almost 77 million people voted for Trump. Which is about 30%.

I think we can all deduce which 1/3 of Americans are too fucking dumb to understand Trump's tariffs are a bad idea.

[–] slickgoat@lemmy.world 24 points 10 hours ago

What about the rest who were too dumb to vote at all and got Trump as a free gift?

[–] Mr_Blott@feddit.uk 21 points 11 hours ago (1 children)

I'm guessing a third are too fucking stupid to know what a third is

[–] pearsaltchocolatebar@discuss.online 17 points 11 hours ago (1 children)

But 1/4 has to be bigger since 4 is more than 3!

[–] dmention7@lemm.ee 10 points 10 hours ago (1 children)

I'm guessing you already know this... but that is literally the reason why A&W's 1/3lb burger (launched to compete with McDonalds' 1/4 pounder) failed lol

[–] Kecessa@sh.itjust.works 10 points 9 hours ago

They should have called it the 2/6th as 2>1 and 6>4!

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[–] tunetardis@lemmy.ca 49 points 12 hours ago (3 children)

It amazes me that Republicans can be supportive of what is a blatant tax grab by the federal government. Trump is basically saying "I'm going to add a federal sales tax on top of the majority of everything you buy to the tune of 25% or more. With China, a lot of that is manufactured consumer goods. But with Canada and Mexico, we're talking food products, automobiles, natural resources needed by American industries, etc.

[–] PresidentCamacho@lemm.ee 4 points 5 hours ago* (last edited 5 hours ago)

I would guess your amazement is because GOP are understood to be in favor of small government, when actually they are favor of doing w/e the fuck they feel like to enrich themselves because their voter base is so fucking stupid they would vote for a rock if you said it would be thrown through a liberals window once elected.

My biggest concern is what will happen when the party that runs on christian nationalism and prejudice (redundant), that has majority control of the entire government, and is flush with tax revenue, is going to accomplish over the next 2-4 years...

[–] Maggoty@lemmy.world 13 points 11 hours ago (1 children)

Somehow he'll still have a deficit.

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[–] drunkpostdisaster@lemmy.world 34 points 12 hours ago (1 children)

So where were you on Nov 5th?

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[–] Kolanaki@yiffit.net 50 points 13 hours ago* (last edited 13 hours ago) (9 children)

The other 1/3 of people probably don't even know what a tariff is.

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[–] orclev@lemmy.world 198 points 16 hours ago (11 children)

So 1/3rd of Americans don't understand how economies work or what a tariff is.

[–] RememberTheApollo_@lemmy.world 72 points 15 hours ago

Gotta be the same 30-40% that vote trump no matter what he does.

[–] verdantbanana@lemmy.world 85 points 16 hours ago (2 children)

US has lead pipes, piss poor education standards with not enough funding, environmental pollution, bought out media that perpetuates toxic culture

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[–] dan@upvote.au 13 points 11 hours ago* (last edited 8 hours ago) (1 children)

I like how the headline says 2/3 of Americans "think" tariffs will lead to higher prices. The other 1/3 aren't thinking at all.

Tariffs are passed on straight to the consumer and the main outcome is that Americans will need to pay more. Demand for products from other countries isn't going to suddenly disappear. Some things can't be easily made in the USA, and sometimes the items made overseas are a higher quality product.

It's like rebates - they very rarely benefit the consumer. Having a 30% rebate for solar panels is fine, but it means the prices are at least 30% higher than they should be, which is obvious if you compare US prices to European and Australian prices for identical systems.

[–] MapleEngineer@lemmy.world 13 points 11 hours ago

The illegal tarrifs on Canadian softwood lumber raised the price of a single family home in the US by more than $10,000 while Canadian lumber companies enjoyed record profits because demand remained high. The tarrifs are intended to allow less cost effective American companies to charge more by making more cost effective foreign products more expensive. It's about raising prices.

Trump voters voted to pay more to make rich people richer.

[–] jagged_circle@feddit.nl -3 points 4 hours ago (1 children)

Jesus, this is so fucking contrarian.

Yes, taxing goods imported from countries with poor labor laws increases their price.

Yes, we should increase the cost of goods that are made with unfair labor practices (or ban them entirely)

Yes, Trump is still a criminal even if he accidentally does the right thing every now and then

[–] nucleative@lemmy.world 5 points 3 hours ago

Not all imported goods are made with unfair labor practices.

[–] cabron_offsets@lemmy.world 23 points 13 hours ago (10 children)

Way to shoot ourselves in the dick.

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[–] ReanuKeeves@lemm.ee 75 points 16 hours ago (28 children)

If 2/3 of people seemingly understand the truth, how tf was he voted back in? Can they get rid of the outdated electoral college system yet?

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[–] _haha_oh_wow_@sh.itjust.works 40 points 15 hours ago (1 children)

Maybe they should have bothered to vote? Crazy idea, I know.

[–] timbuck2themoon@sh.itjust.works 1 points 2 hours ago

No, blah blah blah, not prefect candidate, blah blah.

Can't blame them for being lazy shitheads. Of course it's someone else's fault.

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