Post Asrdi1GzpmvTSFPBA0 by urusan@fosstodon.org
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(DIR) Post #Asrdhw8evMHnWwSwyG by urusan@fosstodon.org
2025-04-07T23:01:08Z
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Oh no, it's even more dumb than it initially seemed! Somehow!https://youtu.be/j04IAbWCszgTL;DW The trump tariffs are just the percentage of trade deficit with the other country divided by 2, floored at 10%. The equation they trotted out (from their economists) that seemingly accounts for the expected impact of the tariff were set to arbitrary values that cancel each other out, thus effectively removing them from the equation.
(DIR) Post #Asrdi1GzpmvTSFPBA0 by urusan@fosstodon.org
2025-04-07T23:05:53Z
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Me: *Explained the situation to my wife* Also, (Matt Parker) speculated that whoever put this together just asked ChatGPT to come up with something.Wife: I'm pretty sure that what happened was this went down the chain of command until it reached a Gen Z new hire in DOGE, and then THEY asked ChatGPT and it went all the way back up to the top, getting rubber stamped along the way.Me: I think you're probably right.