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Six months into tariffs, businesses have no idea how to price anything

(www.wsj.com)
462 points JumpCrisscross | 3 comments | 30 Aug 25 20:56 UTC | HN request time: 0.202s | source
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haunter ◴[30 Aug 25 22:47 UTC] No.45078660[source]▶
In the end it's the biggest leopard ate my face moment ever:

China has very high growth momentum that surpasses American living standards soon, and not long before it will surpass American security standards too. China's purchasing power is probably more comfortable than most western countries, with extensive housing and high speed rail and electric cars etc. When a country becomes rich, inevitably other countries ask for their help. That's why China's growth must be curbed, fast > tariff them to their death or so. But I really don't think it will work at all. And personally I don't even think it's a good idea at all to begin with.

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platevoltage ◴[30 Aug 25 22:55 UTC] No.45078714[source]▶
See this is what I don't understand. Everything you just said about China is a positive. Everything you said about China is achievable in the USA, and we at least HAD a head start on soft-power influence.

Instead we should just have tariffs instead of actually making the lives of Americans better while FIGHTING affordable housing, high speed rail, and EVs.

We've got an entire team of goons who would rather rack up penalty minutes than score goals. These freaks think we are competing with China in an MMA fight instead of a Hockey game.

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bongodongobob[dead post] ◴[31 Aug 25 02:57 UTC] No.45079953[source]▶
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1. astrobe_ ◴[31 Aug 25 06:41 UTC] No.45080908[source]▶
> It's not achievable in the USA because a very large chunk of our population is literally retarded. 70 mil voted for Trump for some reason.

I am not an American citizen so I cannot feel offended by this sentence, but I think it doesn't help to call people stupid.

What you describe looks like a failure of the education system, which have been defective for decades in the US, from what I've heard. This may very well take 100 years (4 generations is even slightly optimistic) to escape this downward spiral.

Meanwhile, a possible strategy is to do like the others: get a popular politician who makes empty promises, while doing the opposite, or whatever they want actually, when in charge. They can inject massive amounts of money in the public school system even though they promised to make private schools more accessible in their programme, and distract people's from this obvious lie with a wrestling showmatch against Putin.

Certainly, if you are smarter than them, you can trick them.

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2. watwut ◴[31 Aug 25 07:03 UTC] No.45081007[source]▶
Measured by international tests, USA was somewhere in the middle of OECD. Not the top, not terrible.

What he describes is result of different value system, intentional radicalisation and propaganda. Education won't counteract it and especially not since above people are in charge of it.

3. bongodongobob ◴[01 Sep 25 05:46 UTC] No.45089802[source]▶
Yes, it is a failure of the education system, by design, for decades.

The way they are trying to takeover the public school system is by "vouchers" where private schools end up getting funded by tax dollars to create a regime sanctioned and funded private school system.