I was just notified about duties I have to pay for a component from China. It was purchased on 05 March and shipped on 28 March before tariffs went into effect. Purchase price was about $750. Part was imported by our broker and the cost with reciprocal tariffs is about $2800. There is no option to buy from a US company.
‘For workers and families, the CEA(Council of Economic Advisers) forecasts that wages will be about $6,100 to $11,600 higher, with family take-home pay $7,800 to $13,300 higher because of the increase in wages and reduction in tax obligations,’ the new analysis said.
It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week. And only yesterday […] it had been announced that the ration was to be reduced to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.
The White House Comms Office Ministry of Truth, reporting on behalf of the Ministry of Plenty.
That’s hardly just a Trump thing though – that wealth trickles down has been an article of faith for the right for decades. Maybe even one of the pillars that helped bring them to the total denial of reality they’re at now.