Raising prices is literally the point of tariffs. If the prices don’t go up, they serve no purpose, whether that is to encourage the purchase of alternative products or to farm money from tariff fees (because if the company can’t raise prices they just won’t sell tariffed items). Dumb. Dumb dumb.
How about instead we eat the rich?
While they are still alive.
It would only take a few. Just three or four billionaires, slowly, while kept alive for as long as possible. Do it in the middle of Times Square, and livestream that shit uncensored. Do it with three or four billionaires, about a week apart from each other, to prove that they can’t just bunker down or hide. The rest would get the picture and straighten out real fucking quick.
The free market is when the president tells companies what prices they should set.
Totally not executive overreach
anticommunists: communism is bad because a central authority sets the price of evertything
also anticommunists: a central authority should set the price of everything
christian conservatives: we need to stack the Supreme Court to punish sluts and homos
also christian conservatives: Epstein’s buddy, the rapist who couldn’t name his favorite Bible verse, is gods chosen instrument
Biden tried to push an anti price gouging bill and Republicans threw a fit about the free market…and then held those price gouges against him during campaign season. Yet here we are, with even more direct anti market actions
The republicans don’t actually believe in anything. Anything they say needs to happen, or not happen, due to some concern for an idea, or moral, philosophy, etc. is just them pulling shit out of their ass as a reason to have something that sounds better than “because I said so!”
This is such a weird and obvious denial of reality. Walmart doesn’t have 30% margins on everything. Does Trump think he can get people to blame Walmart for price increases instead of himself? The Trump crowd loves Walmart.
It can only be a way to offset the blame and make it out to not be his fault.
Even if Walmart and other retailers were to eat the tarrifs, their profits margins would drop, which knocks their share price, which overall affects the entire US market.
Saw some empty gaps on shelves similar to COVID at our walmart this weekend. I don’t remember what was there so it isn’t anything I need. Yet.
Donald only telling this to Walmart cause his sheep people only shop there?
Karoline Leavitt said that Amazon breaking out the cost of tarrifs in the prices was a charged political act, and Amazon backed off. So it’s not just Amazon.
In a lot of areas of the US, the only place to get many things is at a big box store like Walmart or Target.
Why should Walmart have to raise prices? After all, China is paying them. Right??!?!?
Exactly what I was going to say. This is an admission that the costs of tariffs hit US companies, not the country of origin that the tariff was levied against.
Just how that wall was definitely completed and definitely paid for by Mexico… Right?!
Technically they probably could for a long time. But that might mean that some of the family members might demote themselves to multimillionaires instead of multibillionaires .
They could halve their prices and still make bank.
Markups at retail stores are insane, places like Walmart are the worst.
Walmart also sells lower grade goods, while there isn’t much you can do to foodstuffs there’s a shit tonne you can do to say clothes, appliances, and tools. The only exception I can assume is things like computers, complex electronics, and firearms.
Why assume an exception?
The ones I listed as exceptions are basically the only ones you can’t dumb down without more effort than it’s worth, computers and complex electronics are generally super standardized and can’t really be made all that much worse. More or less the same thing with firearms can’t be lowered passed a certain point. Though I can assure you that with maybe the sole exception of the game systems Walmart is largely stocking the cheapest versions of the stuff they can’t get manufactured cheaper, the only reason the game systems noted as an exception is because they are already the inferior gaming platform.
Gotcha. Thanks for clarification.
I know this will get downvoted for not shitting on trump in some way but this sounds like hes telling walmart’s corporate board members to take the revenue loss at their own expense without passing the cost increase to their customers. If Bernie said this it would get a standing ovation. Fuck everything else Trump tho.
The difference is that Bernie:
- would be advocating on behalf the American consumer.
- wouldn’t have done this wild-ass tariff nonsense to begin with
Whereas Trump:
- is a narcissist who is angry that Walmart is making him look bad.
- because he caused the problem
I can appreciate when a stopped clock is correct, but i wouldn’t rely on it the rest of the time.
Weird he’s telling them to tank their stock. That said, also crazy what the stock has done since last April.
Tesla +2.09, palentir +1.09, DOGE +2.52, UHC +17.56…
Look at UNH closer - it’s half what it was a month ago. +17.56 was because they just brought back an old CEO on friday. And Tesla is down $9 since close on Friday. The doge is a nice touch, though. LOL
I see your point, and would prefer to see lines down, but that’s just me. Stock market shouldn’t exist, imo.
