More Corporate Welfare, or Worse!
Corporations have been wanting to go up on their prices so they can make more profits, but they can’t do it by cutting jobs like they used to, because the economy is too robust for that. They also know that if they go up on their prices they’ll get consumer backlash because wages aren’t rising like they should have in the current bull economy
So how do they go up on prices but make it seem like they had no choice?
Tariff’s!
If the tariff’s add 10 cent to a product, corporations will add an extra 10 cent so they can factor in the pseudo price drop if the tariff’s go away later down the road. Then when the tariff goes away, all they have to do is drop the prices a little and tell the people that they’re dropping the prices because the tariff’s are gone. It makes it look like they’re helping us, but they still end up with higher profit margins without looking like the vultures they are.
45 and his cohorts know that tariff’s are paid by the end consumer, so why are they so hell bent on imposing new ones that ultimately effect the pockets of the consumer? It makes no sense!
But it makes all the sense in the world if the end goal is to help corporations bottom line!
And on a more sinister note, it might be a way to create a controlled crash of the economy like they do every 11-12 years!
#offthetablepolitics
#thehiphopphilosopher