• jaspersgroove@lemm.ee
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        1 year ago

        Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.

        • NotAnotherLemmyUser@lemmy.world
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          1 year ago

          I don’t think anyone is arguing that a pure free market exists.

          Having a capitalist economy doesn’t mean that you have a pure free market anyway.

          Although there are libertarians that would like to have a free market like that, every capitalist economy has regulations in place in an attempt to prevent monopolies and/or businesses having too much power in one area.

  • YeetPics@mander.xyz
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    1 year ago

    So end H1B visas and refocus tax dollars on infrastructure and education you fucking prick.

  • Crikeste@lemm.ee
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    1 year ago

    This is what we needed to encourage the fascist Biden vote!

    It will do wonders!

      • Caveman@lemmy.world
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        1 year ago

        In all honesty they could use this tax and an extra oil tax to subsidise the shit out of solar and EVs

        • RvTV95XBeo@sh.itjust.works
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          1 year ago

          Yeah, except everyone has had it beaten into them - nobody fucks with gas prices.

          Every news outlet in the country runs the same news segment practically daily - “Let’s complain about gas prices”. We’ve somehow made it the subject of basically nonstop discussion.

          • Caveman@lemmy.world
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            1 year ago

            I mean, there is a case for discussing gas prices since it’s the price of mobile energy for everything from tractors to trucking to electricity. The gas price, specifically crude oil price, used to be synonymous with energy prices so any increase in oil price would mean a major hit to cost-of-living increases.

            It’s outdated as hell.

          • Liz@midwest.social
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            1 year ago

            Every time someone brings up gas prices I’mma just be like: “you know where the cheapest gas prices are? Electricity.”

          • Tak@lemmy.ml
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            1 year ago

            If people can afford to commute to office jobs in 5,000lb trucks the gas prices aren’t high enough.

  • mathemachristian [he/him]@hexbear.net
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    1 year ago

    Well, we have targeted a few industries, particularly clean energy, electric vehicles, batteries, renewables, where we’re not trying to dominate the globe and be the only country in the world that supplies these goods.

    Janet Yellen

    I’m determined to ensure that america leads the world in them

    Joe Biden

    make up your mind ghouls

    • BaroqueInMind@lemmy.one
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      1 year ago

      A tariff on imported goods to USA doesn’t affect global market of other countries importing Chinese goods you fucking genius.

      • frippa@lemmy.ml
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        1 year ago

        All those cars and solar panels that Chinese companies counted on selling in the US must go somewhere. Every other country in the world (excluding the EU, although to a lesser extent than the US) isn’t hell-bent on sanctioning China, their production will be just redirected elsewhere.

        And since the US, biggest net importer in the world, just stopped… importing, there will be more goods sought after by less money, AKA more supply (old supply + goods that can’t profitably be sold in the US anymore) but less demand (since the US just passed these new tariffs) and as you know, this is gonna make prices fall, maybe not a drastic fall but still.

  • Nora@lemmy.ml
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    1 year ago

    You want Amerikkka to lead maybe subsidize EVs as well?

    Why can’t we all win? (Ide rather bus/rail and walkable cities)

    • barrbaric [he/him]@hexbear.net
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      1 year ago

      The US government does subsidize EVs (it’s the only reason Tesla can exist, for instance), the problem is that all their subsidies just get used for stock buybacks. Why would a privately-owned company actually create more factories? That’s just not profitable.

      The most rational system.

    • papertowels@lemmy.one
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      1 year ago

      The government does subsidize EVs.

      Additionally even used EVs are subsidized.

      Between federal and state tax credits, as well as utility company rebates, my folks just got over 5k back for a used Nissan leaf. They were able to trade in their old clunker, netting a profit of a few hundred dollars to upgrade to a practical used EV.

  • NovaPrime@lemmy.ml
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    1 year ago

    What a bell-end. Maybe instead of tariffs the US should begin vesting in education, job training, and research into these sectors so it can compete instead of trying to hobble the competition in the domestic market. This is just protectionism by a different name