Comment by fnordpiglet
6 months ago
You’re missing that Trump has declared you pay the tariffs, which while contradictory to reality, must be simultaneously true and not true as he brooks no dissent. Therefore the USPS is frozen and trapped in the conundrum that is US politics.
If it makes you feel any better it’s worse for Americans having to live through this stuff. It’s going to be a long three and a half years.
It’ll be a lot longer before things recover. If they ever do. The damage is tremendous, and only getting started.
And what’s worse is that the tariffs are going to bring in real revenue in the near term. Perhaps the government can wait a year before trying to earmark that money, but by the time the next president gets elected, that income will be expected. There is the opportunity to shift the tariffs into certain products (like a wealth based consumer tax - ie a 100% import tariff on your super yacht) but that will take time to work out the details for.
I feel sorry for my American friends and family but at the end of the day, actions have consequences. Wishing them all a speedy recovery!