The tariffs won’t do it, but time will. China is demographically imploding in slow motion and the US Navy will not be strong enough in the future to ensure global trade routes from piracy. Globalism is retreating.
Step 2 is "don't tariff things that can't be mined or grown in the USA at the scale needed for our industries to consume currently, let alone with growth"
As a Costa Rican, I always point and laugh at this since coffee and bananas are always used as examples.
Even if you planted them now, it'll take months for the plants to grow, and years for having fields and experience to have a decent production volume of high quality products.
Goes to show how out of touch these people are. They were born with silverspoons up their asses, never had to struggle for anything, never worked an actual job, never tried to grow their own food, never set foot in a grocery store. You think they know where bananas or coffee even come from?
The thing we need to remember, is that a man who hasn't the slightest idea how markets, economics or finance actually work, is POSITIVE is can play chess with the big boys, using the whole world as his chessboard.
I think actually calling it "Liberation Day" is a mistake.
Like not so important maybe given all the other shit happening, but using the NewSpeak terms of the Administration and their framing is - to me - falling into a trap.
Liberation Day is all about Trump liberating me from my money. And I'm supposed to be thankful he's stealing my future? Ummm... no. President Felon has got to go.
It goes like this. China doesn’t buy enough American stuff so you are going to punish them by charging yourself double for the things you buy from China. Make sense now?
You only need the buildings, the equipment, the trained personnel, and the same thing for everything in the supply chain. Piece of cake. Given unlimited time and money.
Logistics, tooling, engineering, r&d add up to massive startup costs.
And you need to pay the workers enough so they have surplus income and can afford the products they make - because now you're not exporting any.
That will never happen.
Even with unlimited time and money the US cannot produce enough coffee, cocoa, bananas and others to meet its industry's needs. And that's one small, $100 billion+ example.
It's funny how many republicans have always honored Ronald Reagan as the greatest and now dishonor his firm belief about the benefits of comparative advantage and free trade.
It's impossible. No matter what, we've already lost. Instead of growing to new heights, we're still trying to recoup losses. Maybe one day far in the future we'll begin to see new heights again, but for now we're all still in a hole trying to climb out. It's a loss, no matter how you define it.
Gotta stop that "lbration dy" labelling and call it something else like #TrumpTariffs to go with his failed steaks, airlines, casino and more. Don't buy into his propaganda and gaslighting.
Scientists have calculated that the chances of something so patently absurd actually occurring are millions to one. But magicians have calculated that million-to-one chances crop up nine times out of ten. At least, that's what Terry Pratchett said, and who am I to argue?
They invented an entire plan using a random sampling of 10 facts out of a pool of 6 million facts, also known as "coming up with an answer and then making the facts fit the answer".
US manufacturing output has not been a problem in terms of export dollars. There was a recession for a while there during King Donald's first term. The only thing he wants to bring back or low wage jobs. Current US manufacturing is highly profitable and highly automated.
There is an infinite number of ways the tariffs can play out, just like there is an infinite number of numbers between 2 and 3. And just like none of those infinite numbers will be 4, there is no situation in which tariffs performed the way trump implement them bring back manufacturing.
funny thing was Chips Act and IRA were exactly about just that.
A few Democrats woke up that Clinton & Obama (+ the Bushes and Trump) had completely undermined the economic security and equity of their base (over-professionalized desk job middle-classes, Grubers Bullshit Jobs) & the working class.
He could have gone radical like our government 🇬🇧who yesterday -a Saturday!! - voted to fund our last surviving virgin steel works when its owners were going to pull out, to keep steel manufacturing in Britain -most likely nationalising by the end of April. But there’s no billionaire profit in that.
It just doesn't, US manufacturers can't expand production in such a short time frame so consumers will suffer. Now he tries to sell that this is all a negotiation tactic, but you've just annoyed everyone you want to negotiate with, would you give good terms in that situation?
do yall even have the industry, infrastructure or workforce to do everything that was sent off shore, what are business loans looking like, could someone middle class even start production on something basic or is this just geared to the ultra rich so they get richer and the class divide gets bigger
We're the richest country in the world because we don't rely on tariffs. These morons are so naive they didn't know they were missing the LF in 'Make America Great Leap Forward Again'.
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Even if you planted them now, it'll take months for the plants to grow, and years for having fields and experience to have a decent production volume of high quality products.
Not just the labor cost, you need to invest in R&D, infrastructure and supply chain of specific tools, machinery, agrochemicals...
Just Like Last Time #SEXOFFENDER #CONVICT #Trump was President!
With Taxes-Taken From YOUR Wages-YOU Pay for "Bail-Outs" Tariffs Cause!
Then, With YOUR Take Home Pay-YOU Pay Again-In Higher Prices For Everything-That Tariffs Also Cause!
Like not so important maybe given all the other shit happening, but using the NewSpeak terms of the Administration and their framing is - to me - falling into a trap.
https://bsky.app/profile/coppetainpu.bsky.social/post/3lmo2uz7tfs2l
People complain about overseas phone support but it is all corporations that do it to save costs.
Corporations want to make grips of money, its not coming back. My $0.02
And you need to pay the workers enough so they have surplus income and can afford the products they make - because now you're not exporting any.
That will never happen.
Sounds like MAGA did, ' its fun to own the libs, but I really don't wanna deal with it face to face'.
Ignorance of MAGA is dangerous.
Its not 'fun' being innocent in El Salvador
https://bsky.app/profile/michaelgilmore.bsky.social/post/3lmqm7pmrq22k
Still love you fuckers🇨🇦🫂🇺🇸
Or how the assassination attempt provided that picture, bloody ear and all.
Just too perfect & with so many unanswered questions.
Something is amiss!
A few Democrats woke up that Clinton & Obama (+ the Bushes and Trump) had completely undermined the economic security and equity of their base (over-professionalized desk job middle-classes, Grubers Bullshit Jobs) & the working class.