SVP Technology at Fiserv; large scale system architecture/infrastructure, tech geek, reading, learning, hiking, GeoCaching, ham radio, married, kids
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The "stupidity" of tariffs

jwz
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Let's say your job is writing about chess. You've seen The Queen's Gambit at least twice, so you're considered an expert.

This guy sits down at the table, flips over the board, and says to his competitor, "How about you hand me your wallet or my friend here busts up your kneecaps?"

The article you write is about how this guy is literally the worst chess player you have ever seen, and you're not sure he even understands the rules.

Previously, previously, previously.

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JayM
16 hours ago
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Atlanta, GA
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Tariffs

5 Comments and 16 Shares
[later] I don't get why our pizza slices have such terrible reviews; the geotextile-infused sauce gives the toppings incredible slope stability!
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JayM
16 hours ago
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Atlanta, GA
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5 public comments
ChristianDiscer
4 hours ago
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Incorrect analogy – More like;
1) You want a pizza made from another region.
2) However, you must sell them some your ingredients before it can be made.
3) They charge a “tariff” to protect the income of their local farmer’s for other ingredients. You’re willing to pay the “tariff” because you like your ingredients better.
4) The pizza maker sells you the final pizza with a standard sales tax but no tariff
5) You paid the higher price and they made money from the tariff.

Trump is charging tariffs to increase the costs from other regions for several reasons. A) To negotiate down tariffs from other regions. B) Lower tariffs mean you pay a lower cost for your special pizza. C) To whittle down our regions deficit. D) and/or To increase local “ingredients” growth at lower cost for you.
sirwired
1 hour ago
The analogy Randall posted was perfect. It’s based on that ridiculous chart the president displayed showing “tariff” rates all over the world allegedly imposed on the US. It was not, in fact, the average import duty charged, or any number even tangentially related to it, like indirect tariffs through subsidy. Instead, it was ( Trade Deficit / Import Value ) This produces a number that has nothing whatsoever to do with tariffs at all. Let’s say NowhereStan exports $1B of gold every year to the US, but gets all their material needs supplied by LocalRepublic, except for $1M a year of US bourbon, imported duty-free. In the real world, the tariff imposed by NowhereStan on the US is 0%. Using Trump Math, it’s 99.9%. This “We just don’t happen make to something the other party wants to buy, so we should punish them for it.” is what the strip is making fun of, not the general concept of tariffs.
ManBehindThePlan
8 hours ago
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Explains with stick figures, XKCD goes to the heart of the matter of tariffs and STILL manages to make a joke!
rraszews
9 hours ago
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The line break after "The President is mad" is absolutely perfect and frankly the sentence could have ended there just fine.
Columbia, MD
rickhensley
11 hours ago
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Finally, a way to explain it that my wife can relate to.
Ohio
alt_text_bot
22 hours ago
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[later] I don't get why our pizza slices have such terrible reviews; the geotextile-infused sauce gives the toppings incredible slope stability!

U.S. stock futures tumble indicating another plummet on Wall Street

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JayM
1 day ago
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Wheeeee
Atlanta, GA
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We're Committing Cultural Suicide

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JayM
1 day ago
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Atlanta, GA
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Who Knew You Could Press A Snooze Button On The Law? Trump Delays TikTok Ban Enforcement Again

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If you’re the President of the United States and you don’t like a law, you can apparently just… decide not to enforce it for a while? I mean, it’s not supposed to work that way, but for the past 74 days, that’s exactly what’s happened with the TikTok ban. Not just ignoring it quietly — Trump has explicitly declared we’re ignoring it. And today, he announced we’ll keep ignoring it for another 75 days.

The history here is instructive. First, Trump wanted to ban TikTok because teens were mean to him on it. Then Biden wanted to ban it because… China bad? Then Congress actually passed a ban because kids were using TikTok to express opinions about Gaza. Throughout all of this, the ban remained both stupid and unconstitutional (yes, even though the Supreme Court disagrees).

Somehow, this collection of terrible reasons resulted in an actual law, scheduled to take effect the day before the new administration started. But then Trump, whose stance conveniently shifted after a major TikTok investor donated to his campaign, simply declared “let’s ignore the law for 75 days” while floating vague ideas about “the US” buying TikTok.

For 75 days, we’ve mostly heard whispers about potential buyers expressing interest. There was some talk about how a deal was “imminent,” though many of the leaked details sound suspiciously familiar — China would retain control of the algorithm, data would be hosted on Oracle servers, with Oracle auditing for safety. If this sounds like déjà vu, it should: this already happened back in 2022. We wrote about it at the time, but apparently that was in a parallel universe, because everyone has been acting like it didn’t happen.

Anyway, apparently that “imminent” deal wasn’t actually so imminent. Because what is time, really?

Again, let’s be clear, because this is beyond ridiculous. The President has no authority to just declare “we’re ignoring this law for 75 days unless you do the thing I want.” But, that seems to be what a bunch of people are just going with. Astounding.

And, remember, this comes after years of politicians and the media insisting loudly and repeatedly that TikTok was “digital fentanyl” and the most dangerous thing in the world. The reasons would change based on who you were talking to, but either it was the Chinese Communist Party spying on all your phones (not how this works) or they were promoting pro-China propaganda (even as US views towards China are at all time lows) or they were promoting division (seems like that was cable news actually) or they were promoting terrorists (I dunno, man, none of this makes sense).

The fundamental problem isn’t just that this is Calvinball policymaking — though it absolutely is that. It’s that we’ve stumbled into a world where federal laws have expiration dates determined by presidential mood swings. And while everyone’s focused on whether TikTok will sell or survive (that is, if they’re not focused on their retirement savings being drained by the whole “destroying the economy through not understanding trade deficits” thing), they’re missing the bigger story here: we’re running an experiment to see if laws still matter when the president decides they don’t. Early results aren’t encouraging.

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JayM
2 days ago
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Wrong story comment. :(
Atlanta, GA
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1 public comment
LinuxGeek
2 days ago
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What do you call a person who makes empty threats? Or perhaps a person who threatens others for monetary gain?

Why does JSON have commas?

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JayM
2 days ago
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Atlanta, GA
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