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:: 🥵
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?
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?
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!
All I see anymore is, “Trump said stuff”. When are those grocery prices coming down?
$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.
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.
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.
“We have the concept of doing a rebate”
Here comes another trillion in debt in one month instead of three.
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.
And then they force you to pay it back in your taxes like they did with the covid stimulus.
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.
Dollar devaluation in 3, 2, 1…
