this post was submitted on 13 Aug 2025
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[–] pdxfed@lemmy.world 1 points 3 months ago

I'm with you, follow the intention of the bill and don't accept a crap deal. A "phase in" will not make sense when currency is being devalued at a rate like it is now; US currency has dropped 11% since Jan against other major currencies--and that's before you factor in much of the tarrifs haven't even started hitting consumers since many importers stockpiled in q1-2.

If I were super devious and wanted to play things the way Republicans do, I'd let this go through and not even fight it and laugh all the way to the bank with locked in rate "increases" that will be far below inflation for the next 5 years.

I get it, it's better than their current min, but pretending it's the solution it was 15 years ago when unions launched the Fight for 15 and $15 actually would have helped in most geographies, is capitulation and sets Dems up to fail if they actually want to win against oligarchs.