Within the last month all of the apartment buildings around us have put up vacancy signs in California. We talked to some of the managers, people are being laid off, their hours are being cut, they are moving in with family members to save money. I assumed that people self-deporting would be a factor since a couple of months ago Trump targeted Venezuelans who had asylum claims, but seems like this new situation is due to a bad job market and bad business outlooks.
Importers knew they are coming and stockpiled products beforehand. Now the stocks imported before tariffs run out and tariffs are impacting prices. On top of that they are starting to import different products for Christmas (like toys) all of which have tariffs.
The tariffs added onto the problems (corporate greed using a crisis as a smokescreen to raise prices that were not actually affected by said crisis, and not lowering the ones that were) we've been seeing the last 5 years.
14 Comments
workerONE@lemmy.world · 31 pts · 321d
Within the last month all of the apartment buildings around us have put up vacancy signs in California. We talked to some of the managers, people are being laid off, their hours are being cut, they are moving in with family members to save money. I assumed that people self-deporting would be a factor since a couple of months ago Trump targeted Venezuelans who had asylum claims, but seems like this new situation is due to a bad job market and bad business outlooks.
TeamAssimilation@infosec.pub · 13 pts · 322d
Americans are taking their jorbs back! It’s working’!
SuiXi3D@fedia.io · 9 pts · 321d
MULTIPLE jobs? I’d kill to have ONE job right now.
Zomg@piefed.world · 5 pts · 321d
Where they not already in effect? None of this is new.
ExLisper@lemmy.curiana.net · 14 pts · 321d
Importers knew they are coming and stockpiled products beforehand. Now the stocks imported before tariffs run out and tariffs are impacting prices. On top of that they are starting to import different products for Christmas (like toys) all of which have tariffs.
Zomg@piefed.world · 1 pts · 321d
Ahhh okay good point
Buffalox@lemmy.world · -1 pts · 321d
A teacher talking about whether her students had breakfast is probably just about the least reliable data point I can think of.
Lost_My_Mind@lemmy.world · -19 pts · 322d
Uhhhhhh, thats not tarrifs. Thats like the last 5 years minimum.
Novi@sh.itjust.works · 20 pts · 321d
No no, those are poor people, now the "middle class" is feeling it. So it's a real problem now.
lobut@lemmy.ca · 11 pts · 321d
I mean, you're not wrong but let's remember the enemy is the super rich.
Novi@sh.itjust.works · 9 pts · 321d
I agree. I suppose I should sprinkle more /s on my comment for my downvoter.
slaneesh_is_right@lemmy.org · 2 pts · 321d
What even is the middle class right now?
Novi@sh.itjust.works · 4 pts · 321d
The soon to be poor class.
Bronzebeard@lemmy.zip · 6 pts · 321d
The tariffs added onto the problems (corporate greed using a crisis as a smokescreen to raise prices that were not actually affected by said crisis, and not lowering the ones that were) we've been seeing the last 5 years.