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Cake day: July 20th, 2023

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  • Also, unless your plan is to exclusively export to the US, then it’s less cost effective to open up new facilities in the US. You just raise prices and and have the consumers take the hit for the tariff. There’s also the problem of logistics for raw materials for whatever products your manufacturing. Those also tend to cost more to acquire stateside.

    The worst part is that policy is only a single bullet in the policy foot gun Trump has loaded. It gets even more expensive when the low cost labor is suddenly deported and/or put in camps. Which I realize isn’t even the worst thing about the immigration policy, but just pointing out that it too has consequences to these same people.









  • Hobo@lemmy.worldto196@lemmy.blahaj.zoneREMOVED
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    23 days ago

    Okay but in fairness if you put like 1% of that money virtually anywhere but under your matress you’d probably be richer than Bezos now. Even at like 3% interest of a $18,250 compunded over 530 years you’d have about half of Bezos’ net worth.