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Wheres it look like that? Show us what you seeIt looks like they are just going to tax everyone in the USA instead of just hitting the sneaker companies
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Wheres it look like that? Show us what you seeIt looks like they are just going to tax everyone in the USA instead of just hitting the sneaker companies
The tariff is there to force china to make a move with the trade deal, it isnt forever. When a deal is struck then the tariff is over. Relax
At the end of the day this is going to benefit us. Just be a little patient. Might end up actually saving us money on chinese goods. Or itll force Nike to bring it all back home and leave china in the past
explain how itll cost us families 33 b...Imagine framing an unnecessary trade war that we’re inevitably going to lose and will cost US families at least 33 billion as something that will “benefit us”.
explain how itll cost us families 33 b...
and how isnt it necessary?
The tariff is there to force china to make a move with the trade deal, it isnt forever. When a deal is struck then the tariff is over. Relax
At the end of the day this is going to benefit us. Just be a little patient. Might end up actually saving us money on chinese goods. Or itll force Nike to bring it all back home and leave china in the past
Straight from the New York Times article “How Much Will the Trade War Cost You By the End of the Year”? which was published September 1st, 2019 (yesterday): “Other estimates, which did not include the upcoming tariffs, ranged from $400 to $1,000 per household annually.” https://www.nytimes.com/interactive/2019/business/economy/trade-war-costs.html
There are roughly 83 million households. 83M x 400 = 33 billion.
So not only is 33 billion the absolute minimum, it doesn’t even include the cost of the latest tariffs.
It’s unnecessary because it could’ve been wholly avoided by negotiating through the World Trade Organization. Furthermore, 45 has already screwed over the middle class by passing the tax cut bill, which only stood to benefit the wealthy while squeezing the middle class. So shrinking tax breaks for the middle class + upping prices for the things they buy = the economy over they last 2 months which is showing early markers of an oncoming recession.
Not to mention the astronomical increase in the national debt that 45 and literally every other Republican “cared” so deeply about while President Obama was in office.
You never answered the how part of my question...
You just seemed to elaborate on the original claim.
And how does the tax cut bill put a ‘squeeze’ on the middle class?
Genuine questions.
What ‘things’ are we talking about here that qualify for these upped prices? Essential goods or more plastic superficial chinese trash we shouldnt really be buying in the first place?
You seem to think people buying these Chinese goods have a gun to their heads. What if.... they simply stop buying chinese products? Do your numbers still hold up?
Not to mention the astronomical increase in the national debt that 45 and literally every other Republican “cared” so deeply about while President Obama was in office.
You never answered the how part of my question...
You just seemed to elaborate on the original claim.
And how does the tax cut bill put a ‘squeeze’ on the middle class?
Genuine questions.
What ‘things’ are we talking about here that qualify for these upped prices? Essential goods or more plastic superficial chinese trash we shouldnt really be buying in the first place?
You seem to think people buying these chinese goods have a gun to their heads. What if.... they simply stop buying chinese products? Do your numbers still hold up?
In the case of sneakers (and certainly various other products), the manufacturers face the issue of, will the majority of consumers absorb the additional costs? I have a hard time seeing Nike raising prices much on shoes that are $220 as is. Maybe it would work on OG 11 retros, but just a couple years ago it raised the price on a lot of hoops shoes and they sat. The next year, prices came down. There’s a ceiling on what most people will pay for sneakers.I assumed you knew how the tariffs you’re defending worked. Silly me, but I guess that’s no different from the majority of people supporting anything 45 spews out his mouth.. or tweets.
Anyway, let me make it clear to you: Tariffs up prices on Chinese imported goods. It’s supposed to make US citizens stop buying Chinese made stuff to hurt their economy, because they’ll cost more. The problem is that US manufactures make a lot of stuff in China, with Apple’s iPhone being a major example. Apple fortunately has stated that they will eat the cost of the tariffs - for now. But that could easily change. Hope you like an extra $100 on the iPhone 12 should the tariffs continue!
That’s how it hurts US households, they end up paying the difference in what the tariffs are causing. The hope is that our economy is strong enough to withstand that while the tariffs are in effect.
The problem with that though, is 45’s middle class tax scam in the form of the aforementioned tax bill.
I don’t feel like typing all of that out, so you can check out why it was bad for the middle class here: https://www.forbes.com/sites/johnwa...s-middle-class-retired-and-poor/#6493c2c16c1e
There are a ton of different sites that have all come to the same conclusion that the tax cuts have benefited the wealthy while hurting the middle class. Even anecdotally tax returns were much smaller this year than in past years.
You might wanna read up on the type of things you’re supporting, maybe take some time reading trusted sources about our government and the polices 45’s enacting, that way you don’t have to be educated in a Jordan 11 thread on a sneaker forum.
I get on here to get away from thinking about conversations like these. Deal with that enough on a day to day. I am buying because I like em, need em. The price for today is what it is. Everybody has a choice to turn the other way. 2 cents.
For sure brotha. Personally my main point was, I don’t see tariffs affecting the price of sneakers much. Probably not at all.I get on here to get away from thinking about conversations like these. Deal with that enough on a day to day. I am buying because I like em, need em. The price for today is what it is. Everybody has a choice to turn the other way. 2 cents.
with the way nike has structured their business its going to become increasingly part of the discussion. We're at a breaking point and somethings going to change soon good or bad for us or themI get on here to get away from thinking about conversations like these. Deal with that enough on a day to day. I am buying because I like em, need em. The price for today is what it is. Everybody has a choice to turn the other way. 2 cents.
unfortunately for nike they decided to find out the maximum retail price they could get away with and promptly stick it to the consumer before all of this china tax reform, before they ever saw it coming. Now they have no room to move. Ill bet a bag of donuts that this wont affect the consumer. If they try to put it on us theyre going to have a rude awakening. The only small amount of people like us that might put up with it are already sitting on a lifetimes worth of sneakers as it is. Which is why I believe the people running these companies and the media are trying to scare us into helping their greedy aces out. And its that relentless disrespect and manipulation that angers me.In the case of sneakers (and certainly various other products), the manufacturers face the issue of, will the majority of consumers absorb the additional costs? I have a hard time seeing Nike raising prices much on shoes that are $220 as is. Maybe it would work on OG 11 retros, but just a couple years ago it raised the price on a lot of hoops shoes and they sat. The next year, prices came down. There’s a ceiling on what most people will pay for sneakers.
And yeah, the new tax laws definitely affect the middle class. I and many people I know hadn’t owed tax to the IRS in years. This tax season? We all had to write checks, though NOTHING had changed on our ends. Some of those checks were for damn near $10K ...
Hope I get early access or catch a shock drop 2 pair minimum
i have 3 pairs of concords and none of them match up. 3 million pairs isnt necessarily a good thingThe rest of that post said “TONS and tons of pairs releasing!”
YES! The more the merrier!
Yeah but you have Tony vision. I think my pair matches great but I won't put them up because you may ruin my day. Lol.i have 3 pairs of concords and none of them match up. 3 million pairs isnt necessarily a good thing
Yeah but you have Tony vision. I think my pair matches great but I won't put them up because you may ruin my day. Lol.
Just joking with him. I know he has high attention to the small details.