• sp3ctr4l@lemmy.zip
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      29 days ago

      $3.9T to all consumers…

      … roughly works out to approximately $11,200 per living American, or about $22,900 per currently employed American, or about $30,000 per American household.

      Roughly 17% of American households live off of less than $30,000 a year…

      … So … that roughly works out to 55 million Americans who would become homeless and starve to death, as they would have functionally zero income after baring this tariff pass thru cost.

  • bradinutah@thelemmy.club
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    29 days ago

    A great reason to not vote for Weird OLD 34, who doesn’t know how tariffs work and is counting on voters to not know how they work.

  • Salvo@aussie.zone
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    29 days ago

    The vindictive anarchist in me wants to see what happens when the US crashes and burns, but if Trump gets in it is going to empower the right-wing nut-jobs in other countries too. We will all crash and burn.

  • saltesc@lemmy.world
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    29 days ago

    Literally just shows up as a headline for me. I’m wondering how it was calculated and if it’s also factoring globalisation shift where the US will lose out to other countries if it’s financially more viable to seek manufacturing or consumer markets elsewhere, losing foreign revenue, consumer income for expenditure, etc.