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.
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:: 🥵
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.
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?
$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.
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.
We’re gonna charge you $5000 in tariffs and then give you back $2000! This is clearly great for you and great for America.
But I still get a hammock right?
That’ll solve all the fucking problems right there! Ooo a measly one time 2k! Fuck we’re saved! All praise the rapist-in-chief!
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.
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.
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.
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?
And then they force you to pay it back in your taxes like they did with the covid stimulus.
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.
All I see anymore is, “Trump said stuff”. When are those grocery prices coming down?
“We have the concept of doing a rebate”
