Joyce Donahue

2024-09-20 15:10:53

Trump’s tariffs will make the rich richer, the poor poorer

Because US manufacturers will raise prices to just below prices of foreign goods to maximize profits.
It’s called “profit maximization”

How Trump’s Tariffs Would Radically Redistribute Wealth Upward

You’ve surely read that tariffs would just tax regular Americans. You may not have read how they’d work to make the rich richer.

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Mark Lansbury

2024-09-20 09:56:45

Revealed: Russia anticipated Kursk incursion months in advance, seized papers show

Russia’s military command had anticipated Ukraine’s incursion into its Kursk region and had been making plans to prevent it for several months, according to a cache of documents that the Ukrainian army said it had seized from abandoned Russian positions in the region.

The disclosure makes the disarray among Russian forces after Ukraine’s attack in early August all the more embarrassing.

The documents, shared with the Guardian, also reveal #Russian concerns about morale in the ranks in #Kursk, which intensified after the #suicide of a soldier at the front who had reportedly been in a “prolonged state of #depression due to his service in the Russian army”.

https://www.theguardian.com/world/2024/sep/20/revealed-russia-anticipated-kursk-incursion-months-in-advance-seized-papers-show

#RussianArmy #soldiers #StopRussianAggression #Ukraine

Revealed: Russia anticipated Kursk incursion months in advance, seized papers show

Exclusive: Documents contain months of warnings about possible Ukrainian advance and also reveal concerns about morale

^{www.theguardian.com}