As temperatures soared on a sweltering July day in New York City, shoppers at Queens’s largest mall said they were feeling the heat – of rising prices.
“T-shirts, basic t-shirts, underwear, the basic necessities – the prices are going up,” said Clarence Johnson, 48, who was visiting the Macy’s at the Queen Center mall to pick up shirts he ordered online.
As Donald Trump presses on with his trade wars, retailers have been passing price increases onto customers. Department stores – which rely on a variety of imported goods and materials, from shoes to t-shirts – have particularly been scrambling to deal with the flux in prices.
Yup, was getting an uber (I can’t drive for very long or the pain starts), he was chatty and excited about Trump.
Asked what he thought about the anti-immigrant talk (oh obviously thats the bad ones!), and the fact that there was a pandemic and prices skyrocketed (Biden’s fault even though that all started before he was in office), etc. Paraphrased obviously.
I don’t know what can possibly be said to these folks to have them understand, but as a result, we have… Well all this current nonsense.
Yes, somehow Biden caused inflation in the US and the entire world. These people think a businessman is good for macro economies because they don’t understand macro economics at all.
Nothing, typically. I have encountered a few of his people from time to time who get angry when you explain how tariffs work. “Wait… what? Really?” But too many of them can’t or won’t comprehend the level of danger they are in. That we’re all in.
At work, a CTO for a firm we were designing a solution for got upset because hardware was in customs, and tariffs needed to be paid.
He didn’t understand why the manufacturer wasn’t paying, and it had to be pointed out (by someone from the other company bringing this hardware) that tariffs are a tax on importing, not exporting, and for every single contract they have ever had, tariffs are paid by the client.
This was not a small company, either. We’re talking about a fairly large firm in finance. And the CTO didn’t understand how tariffs work.
We’re fucked.