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Amazon Can’t Tell Americans The Truth About Tariffs, White House Says
You're not allowed to tell Americans the truth about tariffs.
That was Karoline Leavitt's implicit
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“Cracker Barrel base” LOL – love the imaginative metaphors
I often question why I shouldn’t quit the corporate life and go into teaching, but I figure I owe it to my kids to give them the financial resources they’ll need to not be completely beholden to AI or whatever Trump does to our country. Maybe that’s the wrong example to set for my kids or a convenient excuse for not taking a leap, but given the uncertainty, I’ll feel better knowing I am at least insulating them somewhat from the consequences of AI and Trump.
Obviously, that could all go sideways in a hurry with nothing I can do, but at that point, it doesn’t matter either way.
Bezos maybe regrets not reading ‘Art of the Steal’ seeing he just got fleeced for $100 million to the Donald and $40 million to his ‘genius immigration’ wife.
She is cute, though.
I wrote out a myriad of crude, unpleasant comments and observations about Leavitt, then deleted them. The summary of those thoughts are an abject, no she’s not.
Thanks for your passion H! Along with what is happening in the US, the world conflicts are increasing at an alarming rate, tensions growing. More dictators less democracies, US isolation and stupidity, look out! I reflect on the team djt assembled to deal with it, maybe correct to say create it, and I cringe. I think back to the 4th grade when we had “duck under our desk” atomic bomb drills during the cold war….
I am still “reeling” from reading and processing ‘Ghosts in the Recursion Fields’- so the issues presented in this post, at this moment in time, seem trivial- in comparison.
I’ve ordered toot a few times from Amazon that that I’ve had delivered either in Japan or Europe and in all cases the website shows estimated import taxes upon purchase so what we’re actually saying is that Amazon is refusing to apply its global policies within the US for fear of political reprisal. So it’s wrong headed and inconsistent.
Oh, why are you folks fussing over this? A distinguished professor was quoted on MarketWatch as saying that Amazon not publishing the info is a GOOD sign!
““I think it most likely means that their price increases are going to be much more limited,” said Nicholas Economides, a professor at NYU’s Leonard N. Stern School of Business. A tariff-related price disclosure would have been cover for Amazon on more sizable hikes, he said. If you are increasing the price of goods by 10% or more, a tariff label could help you sell that price to the consumer because that kind of increase is too large to be absorbed on the seller’s side, Economides said.”
As a sometimes adjunct faculty member, this is precisely the sort of nonsense that makes me question the very notii it on of tenure.
I am confirming that you know that Baron is an NYU freshman.
Given the plunge in consumer confidence you outlined in the previous article, I’d that even the Cracker Barrel base is clueing in even without Amazon’s help. Not that excuses Jeff Bezos one iota.
Seppuku…Not many ppl know what that means. Several thoughts related to the administration but don’t want to cross any lines.
The Cracker Barrel base will take notice when the shelves in Walmart start looking a bit bare in a few weeks.
Tariff uncertainty has already blown a big hole in the Trans-Pacific supply chain. It’s not theoretical. Fewer ships are on the water and lots of orders are being held in Asian ports. The question is how long the disruption will last.
Expect panic buying in random categories (this is what the pandemic taught us) and news stories about no more toasters on the shelf.
I thought one rule of US politics is that the president always owns inflation even when they did nothing to cause it. Or is that non-Trump presidents only? I guess we’ll see. Exciting times!
Voters will figure it out. The less worldly and informed the person, the more closely attuned they usually are to prices of things they buy – on account of usually having less money. Just about everyone, no matter how ill-informed, knows about Trump’s tariffs. They’ll put two and two together.
I dunno. Seeing lots of MAGAt comments that they will gladly pay the tariffs if they don’t have to pay income tax. The same people who pull 2 illegal U-turns and cross 4 lanes of traffic to get to the gas station that’s 3 cents a gallon cheaper, as that is a very fine way to save 50 cents.
Trump narrowly won voters making under 50K. Whatever they might be saying now, they’ll soon notice they are paying more in tariffs than any future income tax reduction they may get can possibly offset.