For years, Mackeys Ferry Sawmill in North Carolina depended on overseas buyers in China and Vietnam after domestic demand for premium hardwood declined. But when President Donald Trump launched his escalating trade war, the mill’s owners say the damage was immediate and ultimately irreversible. By July—just months after Trump declared his “Liberation Day” tariffs—they made the decision to shut the operation down entirely.

In a recent episode of the Big Take podcast, Bloomberg economics correspondent Shawn Donnan traveled to the “Old North State” to trace how one of America’s oldest trades was shaken by Trump’s tariff battles, and to hear how the mill’s owners now feel about the president they once supported at the ballot box.

  • Hanrahan@slrpnk.net
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    4 days ago

    These are Cipolla’s five fundamental laws of stupidity:

    1. Always and inevitably, everyone underestimates the number of stupid individuals in circulation.

    2. The probability that a certain person (will) be stupid is independent of any other characteristic of that person.

    3. A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses.

    4. Non-stupid people always underestimate the damaging power of stupid individuals. In particular, non-stupid people constantly forget that at all times and places, and under any circumstances, to deal and/or associate with stupid people always turns out to be a costly mistake.

    5. A stupid person is the most dangerous type of person.

  • SnarkoPolo@lemmy.world
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    4 days ago

    Leopards have a busy life. But that doesn’t mean you can’t make delicious MAGA face! New Face-o-Matic™ slices, dices, and grinds! You Do have time for all that face!

    “Mmmm, that’s great face!”

  • MehBlah@lemmy.world
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    4 days ago

    This one keeps popping up but I have only so much snark to go around I can spare no more for these self made losers.

    • MehBlah@lemmy.world
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      4 days ago

      Welfare. Only of a better class than poor folk. They are and have been getting welfare my whole life. When I was in high school this farmers son got new truck every spring. By spring of the next year it would be trashed. Every year they would get their welfare checks from the US government and every year they would get new vehicles to trash. This went on for decades.

  • D_C@sh.itjust.works
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    4 days ago

    THIS IS INTOLERABLE…I have dropped my toast on the floor. Butter side down 😢

    Also, haha, shame about that sawmill, you child rapist supporting cunt.

  • Treczoks@lemmy.world
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    4 days ago

    Wilson expressed deep regret about parts of his vote

    About parts? What? About getting tariffs, the one favourite gun that he had used to shoot randomly during his first term? But not about the racism part, or taking away rights from women, people of color, or people not being straight and cis?

    • Hanrahan@slrpnk.net
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      4 days ago

      But not about the racism part, or taking away rights from women, people of color, or people not being straight and cis?

      No, which is why it’s posted in here, wants to hurt others he dispaproves of but the hurtful net is broad and he’s been caught up it as well

    • D_C@sh.itjust.works
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      4 days ago

      “I voted for all those people I don’t like to be hurt or killed, not for peaceful God fearing folks like myself to lose money!!”

      • BarneyPiccolo@lemmy.today
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        4 days ago

        “I voted for Mr. Hitler because he’d be good for the economy. I didn’t go in for all that Jew-killing stuff. You can’t blame that on me.” – German Citizen, 1946