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From: AMuzi <am@yellowjersey.org>
Newsgroups: rec.bicycles.tech
Subject: Re: Tariffs and bikes
Date: Fri, 4 Apr 2025 20:10:02 -0500
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On 4/4/2025 6:50 PM, Catrike Ryder wrote:
> On Fri, 04 Apr 2025 20:34:00 -0300, Shadow <Sh@dow.br> wrote:
> 
>> On Fri, 04 Apr 2025 21:42:58 GMT, cyclintom <cyclintom@yahoo.com>
>> wrote:
>>
>>> I have to wonder why only the real losers in the world have to change real facts to fit their narative.
>>> Do you suppose that they really think that it was Trump that invented tariffs?
>>
>> LOL. No tariffs (also known as taxes paid only by consumers) exist for
>> thousands of years. They were the main cause of the great depression
>> at the beginning of the last century. The American economy "broke",
>> and took down the economies of its allies.
>>
>> Trump as probably the first American President to use tariffs to
>> manipulate the market and make billions buying cheap and selling high
>> and betraying pension funds and small investors. Him and his
>> billionaire buddies, Maybe that's what you a referring to.
>>
>>> Do you suppose these olittle closet communists reall think that taxing the rich is a good idea?
>>
>> Basically, it was what the "New Deal" was all about. America grew so
>> much that by the 60's - 70's it produced 60% of ALL industrial
>> products in the world. That is the maximum America has ever produced.
>> Millionaires were taxed > 80% on their earnings. They had to work hard
>> and employ a lot to expand their businesses and continue rich.
>>
>>
>>> Then they complain that they can't get a job aned want the government to support them.
>>
>> The "New Deal" collapsed when Reagan removed taxes from the rich and
>> shifted them on to the working class and pensioners. And now China is
>> the World's #1 economy.... there are more homeless and unemployed
>> (percentage-wise, obviously) in the US than in China.
>>
>> PS If you're interested in pro-market right wing publications, read
>> this month's "The Economist". They are not perfect, in fact I'd call
>> them classic repuglicans, but are not usually wrong in their
>> predictions...
>>
>> Oh, I forgot. "The Economist" is a British product. You probably can't
>> afford it any more...
>> 	[]'s
> 
> Oh my goodness.... We're all gonna die....
> 
> --
> C'est bon
> Soloman

We most assuredly shall!

As Mr Franklin famously wrote, that, and taxes, are certainties.

-- 
Andrew Muzi
am@yellowjersey.org
Open every day since 1 April, 1971