Trump's Tariff's impact on Gladiators [LOCKED DUE TO POLITICS]

[AmosMoses]

The future looks bright to me

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[ttn333]

You think blue collar workers will have a place in this world you speak of?

Sounds weird but maybe we should invest more into education and job training programs?

 

[Tuggernuts]

Sounds weird but maybe we should invest more into education and job training programs?

That's a whole other issue. Both of my sons are college graduates. One is a special education teacher and makes peanuts which is a crime considering what he does. My other son has a degree in criminal justice and is yet to land a job in that field. Both of their educations cost a ridiculous amount of money. My feeling is that the juice may not be worth the squeeze. I would never tell them that as I want them to pursue their interests. If I had it to do again I think I may have tried harder to street them towards a trade. Maybe a 4x4 mechanic for instance, we all know how much they charge.

 

[Greg_L]

That's a whole other issue. Both of my sons are college graduates. One is a special education teacher and makes peanuts which is a crime considering what he does. My other son has a degree in criminal justice and is yet to land a job in that field. Both of their educations cost a ridiculous amount of money. My feeling is that the juice may not be worth the squeeze. I would never tell them that as I want them to pursue their interests. If I had it to do again I think I may have tried harder to street them towards a trade. Maybe a 4x4 mechanic for instance, we all know how much they charge.

My daughter has a B.S. with a double major in biology and chemistry.

She works as an incinerator operator at a pet funeral home.

Not that there's anything wrong with any job, but she has a whole lot of expensive education just to throw dead dogs on a fire.

 

[ScottBeach]

None of my 4 girls picked an engineering program. The 3 oldest married engineers so they listened a little. Degrees aren't requires - skills in a high paying field are. Plumbers are high skill and can make significant money if they get out of working for national chains.
I wouldn't recommend education to anyone. I did a stint at a university for a couple years early in my career. Can't live off that money

 

[ttn333]

That's a whole other issue. Both of my sons are college graduates. One is a special education teacher and makes peanuts which is a crime considering what he does. My other son has a degree in criminal justice and is yet to land a job in that field. Both of their educations cost a ridiculous amount of money. My feeling is that the juice may not be worth the squeeze. I would never tell them that as I want them to pursue their interests. If I had it to do again I think I may have tried harder to street them towards a trade. Maybe a 4x4 mechanic for instance, we all know how much they charge.

None of my 4 girls picked an engineering program. The 3 oldest married engineers so they listened a little. Degrees aren't requires - skills in a high paying field are. Plumbers are high skill and can make significant money if they get out of working for national chains.
I wouldn't recommend education to anyone. I did a stint at a university for a couple years early in my career. Can't live off that money

My fault for being unclear about "education". I meant in the general term as in being educated and/or trained in a practical skill that would net you a job. That could be a traditional education via a university that can lead toward an engineering degree, medicine, pharmaceutical etc, or trade schools like plumbing, electrician, many areas of construction, fabrication etc. Unskilled blue collar work is going to be extinct. That' s the future. You either be prepared for it, or not.

 

[yoda13]

I can’t help but weigh in on one thing here…I don’t know who is going to pay for UBI, but we are too far in debt, as a country, to be able to afford that…

As far as tariffs go, they will raise prices. It doesn’t mean that they can’t be a successful part of a larger plan, but prices will go up, should they be implemented.

 

[ScottBeach]

Current budget for 2025 adds 84,000$ to the debt for each family of 4. Assume every family gets another 40k in UBI. It's only 50% worse.

Or.another way to put it the average family only pays 17,000 in tax to the feds ( excluding fica) just need to 10x the tax rate. Or every needs to 10x their paycheck

As the fed chair said yesterday. Economic growth is not keeping pace with debit growth. 10x your income this year to save the budget.

 

[yoda13]

Social security is already going to owe more than it can pay out in less than ten years. We don’t need to create anymore government programs that need funding. This is way off topic though. Yes, I think tariffs will make the prices of gladiators go up.

 

[Breadman]

These massive corporations will come to jesus and out of the kindness of their hearts decide that customer goodwill is more important than shareholder value and their bottom line and will make the decision to eat these massive additional costs and dogs and cats will forever live in harmony.

I mean are people really that retarted? What's going to happen is the same damn thing that happens every time producer costs go up, whether your preferred "news" source tells you about it or not.

 

[Deleted member 57233]

I can’t help but weigh in on one thing here…I don’t know who is going to pay for UBI, but we are too far in debt, as a country, to be able to afford that…

As far as tariffs go, they will raise prices. It doesn’t mean that they can’t be a successful part of a larger plan, but prices will go up, should they be implemented.

The companies need to be forced to pay an automation tax to fund UBI. The other option is an always climbing unemployment rate and we all pay for the welfare the unemployed are on.

 

[ttn333]

As far as tariffs go, they will raise prices. It doesn’t mean that they can’t be a successful part of a larger plan, but prices will go up, should they be implemented.

Don't know what this "larger plan" is, or concept of a larger plan as it were. What is clear is that prices will go up. We been through this, corporations and manufacturers know exactly what to do. Reduce output and increase price equal higher profit. We've lived through this during the pandemic and has continue to do so. Here's round two.

 

[yoda13]

Don't know what this "larger plan" is, or concept of a larger plan as it were. What is clear is that prices will go up. We been through this, corporations and manufacturers know exactly what to do. Reduce output and increase price equal higher profit. We've lived through this during the pandemic and has continue to do so. Here's round two.

I agree, prices are going to go up if they are fully implemented.

 

[yoda13]

The companies need to be forced to pay an automation tax to fund UBI. The other option is an always climbing unemployment rate and we all pay for the welfare the unemployed are on.

Or the country falls apart due to division and economic troubles.

 

[BuyHold]

I can’t help but weigh in on one thing here…I don’t know who is going to pay for UBI

The only way that this could/would be structured is if the IRS/government directly taxes those specific companies that make money off of eliminating jobs through automation. Not too hard to think of hypothetical situation where:

Company A sells an $90K automated product to Company B that replaces one of their $100K salaried workers (for every $1 of salary Company B pays to their employee, they probably pay an extra 25 cents just to employ them!). Company A is taxed at 90% tax rate and give the money to the now un-employed worker. Buyer saved $10K, Company made $9K (or more after benefits!), employee makes $81K... and can do nothing. Win win win.

Of course this is super simplified and brings up a whole host of moral questions (e.g. should the government tax productive companies that help people at all?, should an employee make money for doing nothing?), but nonetheless it doesn't seem impossible.

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