- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Yup. It’s an ecosystem and most of it is located in other countries. By putting tariffs in place on foreign imports he’s starving what little domestic manufacturing exists of needed components and raw materials. Those same tariffs also inspire retaliatory tariffs on US exports destroying demand for US manufactured goods. He’s turning the US from a small part of a giant market into a tiny isolated island that’s missing many key materials. What little manufacturing the US had managed to hang on to is now in danger of being strangled to death.
Improving the US manufacturing base was always going to be a tricky problem that required a subtle approach. It’s like disabling a bomb. In comes Trump and just starts ripping out wires randomly while screaming “I got it!” at the top of his lungs.
Moron should have stuck to his usual grifts instead of trying to play at being an economist.
If the USA wants to bring back manufacturing it would need 200-250 million new immigrants. Every screw, shirt button, bra hook, shoelace, yarn factory needs hundred of workers to staff the production line.
I agree with everything this guy wrote, but he missed the key point of the backlash to Biden’s economic policies. Yes, it was a net positive for the country, but on an individual basis, it left a lot of people behind. They got fed up with the talk about how awesome the economy was under Biden when their own salaries were stagnant (if they even managed to keep their job the whole time).
To these people who vote for Trump, it’s a simple thing. They were left behind under Biden, and Trump makes them feel like he is fighting for them. Of course he isn’t, but he sounds like he is, and that’s what matters.
Democrats are great at governing and terrible at messaging.
Republicans are great at messaging and terrible at governing.
It’s not even that Democrats are all that great at governing, it’s more that Democrats believe in Government in the first place. Republicans just assume everyone in government (especially at the Federal level) is unapologetically corrupt. Then they get elected to run the government and prove their own point.
Right, Trump lied and told them what they wanted to hear. Maybe if our electorate wasn’t so collectively stupid and childish.