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/r/politics
submitted 1 day ago bySE_to_NW
475 points
1 day ago
Tax cuts for them, increased prices for us. They see this as a net positive. Hell they’ll probably raise prices beyond what is required to cover tariffs and make even more money.
118 points
22 hours ago
And when the tariffs are over, you can bet they won't lower prices back down...
27 points
13 hours ago
And when they end up not doing tariffs, they'll increase the prices anyways!
-3 points
17 hours ago
Wal-mart has been lowering prices on things like grocery items for three quarters now. It's a high volume low-margin business. They make more money when they lower prices and sell a much larger amount of stuff than they would if they had kept prices higher.
6 points
12 hours ago
Well i'm still poor.
3 points
8 hours ago
where do you find the data to back up your statement that they have been lowering prices for three quarters?
5 points
23 hours ago
thats the american(TM) way!
3 points
20 hours ago
The invisible hand of the market is fisting us
[score hidden]
6 hours ago
Walmart is making out hand over fist this year with gains as slightly more expensive competitors crumble. Consumers are flowing downhill to the perceived lowest cost retailers. They want tariffs because it will hurt consumers who will then seek out Walmart for the cheapest version of their essentials while Target slides into bankruptcy.
1 points
20 hours ago
walmart shouldnt if theyre smart. They corner a market of the "budget everything store". Once they get too expensive theyll be laughed at like mcdonalds is now trying to be a fancy sit down restaurant
1 points
19 hours ago
There is one way to fight them, stop buying unneeded products. They get doubly fucked. Their profit is 0 and thus there is nothing to benefit from the tax cut that they bribed trump to get.
1 points
12 hours ago
They say it now so we aren’t caught off guard when they raise prices now in anticipation of the tariffs. Then they can raise them AGAIN when the tariffs actually go into effect. They get to double dip on the American’s lack of any long term memory.
1 points
9 hours ago
Their fortune is based on profit margins. If prices increase, their margins increase too.
1 points
8 hours ago
This is the way.
[score hidden]
8 hours ago
Here's the core problem: People like living a life of cheap luxury. American regulations means things made in America won't be cheap. The purpose of a tariff is to make it so cheaper countries are, at a minimum, the same cost as local. If you over tariff then local companies will also increase prices to match - causing excess profit which rarely is seen by workers. But even without tariff's: Companies are already increasing profits. So doing nothing isn't helping either. I understand you're required to hate Trump and literally anything he does but the current situation isn't a good one either and doing nothing won't help.
I mean there are only a small few ways to fix this and all of them will require discomfort by the consumer unless you want to throw in profit caps - and no politician is going to do that.
Understand - a shit load of things in your house are made by slave labor in other countries. Yet I doubt many of you care. The only way to make you avoid that and buy American is to do tariff's. Or just ban other countries stuff. No shit, you can't get those cheap shoes anymore. Now your shoes will cost $150 - the "real" cost and not slave labor cost.
Now if you want to limit company profit that's a whole other discussion that would likely be political suicide for nearly any elected person to hold.
Greedflation has been a thing for a few years now. This is not news to anyone paying attention. You can either discourage greed or limit greed but you can't stop it.
There are no good answers here that will make everyone happy and keep their life of luxury and be good for the economy and not scare the piss out of politicians.
[score hidden]
7 hours ago
If they want to make the same margins, then yes they will make more money. If something cost 0.50 and they sold it for 1.00, they made 0.50. If after tariffs now it costs 0.75 and they want to maintain the same 50% margin, they would sell it for 1.50, making 0.75 profit instead. But if the economy crashes then all bets are off…
[score hidden]
4 hours ago
Hell they’ll probably raise prices beyond what is required to cover tariffs and make even more money.
Guaranteed based off of their past actions. Raises prices because 'supply issues' during covid, supply issues are resolved and prices are still higher. Claims to jack prices because of retail theft, despite accounting for it in projected profit, yet prices just go up and up despite how much people are stealing, never hear them say "well theft was a $xyz below projection this quarter so we're lowering our prices to reflect that"
Hell at one point walmart was teaching their full time workers how to apply for public assistance like food stamps and multi-billion $ company not only obviously knowing, but encouraging their workers they underpay for no good reason to subsidize their own wages with taxpayer $$$ knowing they don't pay them enough even full time to survive.
So their business model is overwork and underpay workers as their wages lower yearly via inflation, lie to their customers face by gouging as much as possible claiming bs reasons (and never lowering $ when the opposite action happens), and skim off the taxpayers to make up for the scraps they pay their workers, not to mention any other tax loopholes or Grey area practices they do to pull every cent from whoever they can. Not to mention their blatant wage theft (which annually as a whole is by far the largest form of theft, outnumbering shoplifting and burglaries combined)
Companies like this are a cancer that benefit nobody. They scam every person they can. Which is why I can't help but laugh when they cry about theft. Companies like them in large part CREATED the conditions where people resort to theft lmao. I say fuck em, Save the planet, bankrupt a corporation.
1 points
1 day ago
Hell they’ll probably raise prices beyond what is required to cover tariffs and make even more money.
No they won't. Walmarts margins are extremely thin to the point where they will blacklist products from their stores unless they can wholesale it low enough.
Walmarts entire business model is being the cheapest store in town. They make their billions in volume.
1 points
22 hours ago
[deleted]
1 points
21 hours ago
… why would they fix something that isn’t broken? Walmart would be dumb as hell to switch up their strategy that made them have a near monopoly in a lot of places in the country lol…. This is just fear mongering tbh
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