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maporita

@ maporita @lemmy.ca

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Comments
4
Joined
11 mo. ago

  • Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

    Jump

  • Only if they voted for Trump. Many didn't. This election saw a lot more young people, especially men, move to the Republicans. In fact if you want to blame a specific demographic then blame men.

  • Zoomers & Boomers are the same

    Jump

  • My favorite:

    "Where did you save the file?"

    "I saved it in Excel"

  • Trump warned automakers not to raise prices after his tariffs and be happy how ‘great’ they are

    Jump

  • Because we can't build a lot of car parts in the US for the same price. If we tariff imports / move all manufacturing back to the US then prices must rise. The problem is that this sucks up money that would otherwise be spent on other things, so the economy on the whole suffers. One way that advanced countries adapt to this is by pivoting to high-tech manufacturing.. which requires highly skilled labor and can't be easily replicated in other countries. In other words let someone else make a cheap widget, then use that to build a jet engine that increases the added value of the widget dramatically.