President Donald Trump on Sunday claimed that a “dividend of at least $2000 a person” will be paid to all Americans except for “high-income people,” saying the country is now wealthy as a result of his tariff policies.
“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER,” the president wrote.
Making people pay tariffs and then giving back some of the money. Brilliant
And the morons will love it!
Reminds me of the W rebates, it was some 600 $ per person or some bullshit as he completely fucked the economy and put huge amounts of debt on the next generation.
But again, the moron American Voter fell for it becuase of course they did
Not the “American voter”, the Republican voter.
Sounds like adding more to the national debt to me.
What do I care? It’s all funny money anyway.
Not that Donnie Dipshit is actually going to deliver. But I’m tried of hearing about the deficit whenever “money for plebs” is on the table. Then Israel or Argentina gets $40B no questions asked. Nobody seems to bat an eye.
You paid him more than his bullshit 2k anyway. Weren’t the earliest estimates like 3.5k annual per household? Not to mention, you can’t buy my complacency on dismantling of the economy. Fuck Trump. I’d rather eat roaches than take his stimulus.
You can’t buy my complacancy… but you can try. Maybe try again, just to be sure.
You paid him more than his bullshit 2k anyway.
I didn’t pay him shit. I paid the retailer. And the retailer sets prices as the optimal clearing rate - the point at which (units sold * price) = max(profit). If the retailer can charge me $120 instead of $100 and still maximize profits, they’ll do that whether a tariff exists or not.
Not to mention, you can’t buy my complacency on dismantling of the economy.
We can. Purchased complacency has been the bedrock of modern economic theories since at least Roosevelt. The state spends money to appease the masses while the private sector extracts their labor at a profit.
Trump’s engaging in this arbitrage with the subtlety of a heart attack. But his policies aren’t novel. Cutting people checks and telling them “Now Support Me!” is a time tested strategy for whipping votes and quelling opposition.
I’d rather eat roaches than take his stimulus.
Enjoy your roaches. I’ll be cashing any checks sent my way.
Very surface level. Thanks for the perspective.
The National debt bill will come due one way or another. Either through “austerity” clawbacks or devaluing your wages by printing money. It’s not like they’re going to tax the rich.
The National debt bill will come due one way or another.
Who owns the debt and what does “coming due” look like? Treasury bonds have been recycled for over a century. We haven’t had a “zero” national debt since… what? The Andrew Jackson Administration? And that royally fucked the economy by depriving it of a secure repository for long term savings.
Either through “austerity” clawbacks or devaluing your wages by printing money.
At some point, everything we do in the economy is a choice. The idea that we all need to suffer because a number on a ledger goes up or down entirely decouples the idea of money from the consequences of public policy and private administrative decisions.
There’s no material reason for clawbacks or devaluation, outside the fact that its an outcome certain powerful people are seeking. It isn’t a consequence of the national debt any more than the New Deal / Great Society or the Petrodollar were a result fiscal prudence.
At this point who cares?
National debt? Isnt that like our high score?
Full of shit. Remember the so called ‘DOGE Stimulis’?
This is the same deal.
your check will arrive in 2 weeks!
That will be the first 2 weeks of March 2084, check your mail you could be a winner.
Interesting: I guess we’re about to officially find out just who he considers “a person”.
If there are any anti-maga republicans in the future reading this, it’s an excellent opportunity to run a campaign on MAGA incompetence giving out cash to illegals (obviously false but red tie voters won’t know that).
So far, there has been $200B collected in tariffs as of September. Some estimates are saying $300B by end of year.
https://www.crfb.org/blogs/tariff-revenue-soars-fy-2025-amid-legal-uncertainty
The current estimated US population is 340 million.
https://www.census.gov/popclock/
Take off 10% for “the wealthy”, that leaves 306,000,000.
I can’t imagine Trump giving $2,000 to kids, so knock off anyone under 18, that’s another 73 million off the list.
So round about 233,000,000 people getting $2,000 checks?
$466 billion. Oops. Hey Donnie, you’re short somewhere between $166 and $266 billion.
So how much COULD people get?
$200B / 233M = $858.37
$300B / 233M = $1,287.55Not awful, until you realize that’s how much these taxes soaked you for in the first place. 😉
And the average person got soaked for more than they even can get back, because tariffs have significant deadweight losses.
That doesn’t even offset the higher cost of living caused by the tariffs in the first place. As usual, GOP writing “stimulus” checks to distract from the grift.
Biden giving people 1400 cheques to offset a huge natural global disaster
republicans: 🫷🤬
Trump giving people 2000 dollar cheques to make up for an emergency of his own creation
republicans:: 🥵
1- no he won’t.
2- even if he does it’s going to be a disastrous shit show.
It would be hilariously inflationary. It would give the final nudge for all the companies to drop the full tariff burden on their customers. Spending spree, everything goes up by 10% over a few months, 3 months later everyone is poorer than they were before.
Why weren’t the tariffs to raise this money deflationary?
Because the tarrifs end up is the cost of goods, which is counted as part of their price when calculating inflation.
If you subtract the direct effect of tarrifs on price, you’ll find that they were deflationary.
Theoretically, the money should be staying in the economy so the supply of USD in circulation wouldn’t change. But since nobody really knows where that money is going, it’s hard to know. I’m not an expert though so I could be wrong.
And then they force you to pay it back in your taxes like they did with the covid stimulus.
$2000 would do almost nothing to improve my life. It’s a rent payment. Just die already trump.
I bet all the federal workers out of a paycheck right now are gonna be really thankful for getting 2k instead of a stable income.
Meanwhile, the corporate parasites are already salivating at the prospect of the indirect cash injection from government coffers.
Paying us with our own money
Somebody said something about that, didn’t they? 🤔
Scratches brain…
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money”
-Alexis De Tocqueville
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If only, this is just the money printer going brr again.
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Doesn’t matter. Anyone who understands what tarrifs are isn’t his target audience, the dullards who voted for him will just see a $2000 cheque with ‘DONALD J. TRUMP’ on the bottom and think that they got free money for nothing from king kiddyfucker.
They will never ever see that check lol
Don’t have to. For these idiots, the fact he SAID it was coming is just as good as having done it.
We might. He owns the Supreme Court and Congress. For some reason they’ve abdicated all of their power and have no mind of their own.
And who’s gonna vote no?
He will. He’s not giving money to anyone regardless if it’s his. That’s less money he can steal later.
Rumours will start in deep red communities that democrat voters didn’t get one, further proving Trump is their golden god as they high five and laugh.
Wonder how long $2000 will last, paying for all those tariffed goods. Wonder who will make the money in the end…
Remember how tariffs actually work: they are a tax on imports that businesses usually pass on to consumers
The argument for tariffs basically boils down to profit margin. If you’re selling a $100 good into the US that cost you $15 to produce and another $5 to ship, there’s a reason to believe you’re willing to eat another $15 in import taxes to collect that $80 in profit.
If a business can pass the cost on to the consumer, the issue isn’t strictly with the tariffs. It’s the absence of alternatives at home that can retail for under $100.
But that’s just “business math for dummies”. Manufactured goods can cross borders multiple times in the assembling process. And with the sloppy execution of the tarrif, it seems like a single product can be taxed with each crossing. That’s a bureaucratic trainwreck for a multitude of reasons. Businesses can’t absorb these costs even with enormous margins.
Where is the money really coming from, who defines “high income,” and how do you square higher consumer prices with a big cash payout?
Money comes from the Treasury. High income is a statutory definition. And you don’t need to square it, because people aren’t tracking the balance.
If he actually wants to give people $2000, put a clear, audited plan on the table.
He’s never done that before. Why start now?
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In other words we will partially give back what you lost through tariffs and pretend like that was a net benefit for y’all.
It’s a lot like his shart o’ the deal with China last week, right?
Oh boy, that’ll cover a few months of increased expenses…
Pay down the maxed out credit card a little.
As a treat.
But only a little. Wouldn’t want to lose too much interest and hurt the credit card companies profit margins.
