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Aussie105

(6,943 posts)
1. How to make penguins hate you as well.
Wed Apr 2, 2025, 11:08 PM
Apr 2


"The uninhabited Heard and McDonald Islands, an Australian territory in the sub-Antarctic Indian Ocean, were hit by a 10 per cent tariff on all their exports. It is unclear what impact that will have on the penguins that live there."

https://www.msn.com/en-au/news/other/donald-trump-liberates-americans-from-their-retirement-savings-with-tariff-gamble/ar-AA1CbeSO?ocid=msedgdhphdr&cvid=02f6d10a175246519e2c39ce916a768a&ei=40

Obvious problems for the future are that there will be more unemployed people paying no tax due to DOGE, and shop prices going up due to tariffs. The resulting poverty may not be genteel for a lot of people.

Add to this the businesses that will come back to America, according to Trump, currently have no local infrastructure, no factories and most likely no trained staff.

That will all take years to establish, and they will all suffer under the yoke of tariffs while doing so.

From th same source:

“Keep in mind, this is a gigantic experiment like we’ve never seen before. On paper, it looks great to the President… But keep in mind, people have got to come over here and build factories and that takes years. And there is a lot of uncertainty,” said Steve Doocy.

And Trump won't be around long enough for those industries to fire up, what are the chances the next administration will back away from tariffs, making local production unable to compete?
What business wants to take those risks?

Recommendations

5 members have recommended this reply (displayed in chronological order):

How to make penguins hate you as well. Aussie105 Apr 2 #1
Rachel did a good job reporting this tonight Bayard Apr 2 #2
probably some idiotic intern drray23 Apr 3 #20
Ha! Take that, penguins! tanyev Apr 2 #3
Love the slap. This post is even funnier now underpants Apr 2 #5
Haven't seen that in over a decade and it was so frequent 20 years ago. . . . nt Bernardo de La Paz Apr 3 #14
OMG 😳 Should we laugh or cry? Deuxcents Apr 2 #4
Neither. Aussie105 Apr 2 #6
Prepare for recession IronLionZion Apr 3 #10
Depression 2.0 Blue Full Moon Apr 3 #12
The fact that this is somehow not The Onion says it all. The incompetence is without bounds. We can't survive 4 years of Karasu Apr 2 #7
Penguins have taken advantage of us for too long IronLionZion Apr 3 #8
Considering the trade surplus the Penguins have with us rpannier Apr 3 #11
stupid is as stupid does mdbl Apr 3 #9
Russia was not on the list of tariffs. Afghanistan got a lower rate proportionally than any country. . . . nt Bernardo de La Paz Apr 3 #13
My grandma would say, "Jesus, Mary, and Joseph! What's he playin' at!" KitFox Apr 3 #15
Say something that says you're of Irish stock without using the word Irish Maeve Apr 3 #18
No fear of reciprocal tariffs I suppose . . . . . . no_hypocrisy Apr 3 #16
You hope IronLionZion Apr 3 #17
Those damn penquins have abused the United States for decades!! Bengus81 Apr 3 #19
Other locations subject to trump's tariffs LetMyPeopleVote Friday #21
"About G--damn Time somebody taught those penguins a lesson!!!!" Jack Valentino Saturday #22
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