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mgkimsalyesterday at 3:19 PM2 repliesview on HN

One thing I don't see mentioned enough with the whole "the consumers paid these tariffs! we should get refunds!"... We "paid" not just in higher prices, but in many layoffs, reduction in working hours, skipped bonuses and raises. Companies that get 'refunds' will have an opportunity to use that money to rehire and repay workers. I'm cynical enough to think that will happen in large measures across the whole country, but I'm hopeful enough to want to see it happen nonetheless.

Delayed refunds won't even start to repair the damage done by bankruptcies triggered by high tariffs, the snowballed cost of tariffs impacting multiple steps in the supply chain, the emotional toll on families and communities having to deal with less money and rising prices. But rehiring and getting some regions and communities back to work might be a step in the right direction.

EXCEPT WE NOW HAVE A 15% GLOBAL TARIFF ONGOING. And a lunatic administration that will fight tooth and nail for years to keep this going as long as possible.

Trump "loves" this country so much it hurts me.


Replies

zoobabyesterday at 3:34 PM

"use that money to rehire and repay workers"

or give it to shareholders.

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marcosdumayyesterday at 3:42 PM

> Companies that get 'refunds' will have an opportunity to use that money to rehire and repay workers.

Why on Earth do you expect a single-time payment with no strings attached to make companies think some market is profitable so they should invest in it?

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