Global trade has made supply higher and prices lower in our economy than they otherwise would be in recent decades.
The system is not perfect and can use some adjustments, but isolationism would lower our standard of living. Not improve it.
You are just wrong. If ******* tariffs are so bad and so damaging to an economy, why do China and Europe have massive tariffs on foreign goods??
The sign of a 3rd world economy is one that ships off raw materials and imports finished goods. That is America right now.
There isn't going to be a "new economy," as Trump is proving to be all bluster in terms of tearing the old one down.
It's been three ******* months. And yeah, I remember you chastising the dementia patient for adding $8 trillion to the debt with NOT ONE ******* THING TO SHOW FOR IT.
Hold up ...
The debt has much more to do with our entitlements, military spending, and tax policy than trade policy.
No, the debt has to do with spending waaaaay too much. Revenues are at an all-time high. Spending is the problem and blaming defense spending makes no sense when it is 3.45% of the GDP today, compared to 9.4% in 1972, 5.61% in 1990, etc.
Moreover, Trump has said very plainly that his goal is to force other countries to bear the cost of their own defense and not shove that burden onto the United States. He is once again correct.
Also, we haven't lost "all" manufacturing. That's hyperbole. Even a lot of the **** that is assembled in places like China is made with materials and components made in the US.
You have never driven across southern Ohio or Western Pennsylvania. The claim that the United States has not lost manufacturing is insane.
Tell me, what does the United States still manufacture other than automobiles? Ovens? Nope. Refrigerators? Nope. Dishwashers? Nope. Air conditioners or heaters? Nope. Tires? Nope. Computers? Nope. Phones? Nope. Semiconductors? Nope. Bicycles, toys, airplanes, both real and pretend? Nope, nope, nope, and nope.
The trade deficit is more a product of how much we consume than how much we produce. We consume way too much, with a lot of it being **** we really don't need.
The deficit is simply fueled by corporations shipping manufacturing overseas for cheap labor and no worker protection, to make the **** cheaper and sell more.
Force those corporations to pay a price for selling off our economy. Wages increase at home, money remains here and the economy benefits.
We should definitely incentivize more production in certain industries, like steel and semiconductors, but we could not produce enough on our own to meet our current levels of demand even if we wanted to. It's not 1950 anymore
The claim we cannot produce enough to meet our own needs is simply not founded on facts. We can't produce enough right now because WE DON'T ******* KEEP THE MEANS OF PRODUCTION AT HOME
Yeah, Trump is really putting the screws to the likes of Apple and Nvidia by dropping the tariffs on electronics.
Trump is just proving to not be as serious about this as you seem to think he is.
He's not willing to disrupt the economy enough to force the kind of changes you and the MAGA crowd yearn for.
What I yearn for is dipshits to admit the path followed the past 35 years has nearly destroyed this nation.
But you can't. 100,000 OD? Wages down? Middle class disappearing? Debt out of control, deficit exploding for no reason? *yawn* Import more ****** Nikes from China.
Paying significantly more for cars, appliances and electronics would wreck the middle and under classes of the country while waiting for new manufacturing jobs that may or may not materialize a few years down the road.
You are fundamentally wrong. Henry Ford paid his employees twice the going rate because he wanted them to be able to afford his cars.
You, like most, conflate the increase in price of certain goods for a certain time with inflation. A price increase in certain goods is not inflation; it's a ******* price increase in certain goods.
I am frankly not even interested in discussing the matter with somebody who claims that DONALD TRUMP will destroy America's middle class when that is ALL that has been done for more than 30 ******* years through no fault of Donald Trump. You are standing over a rotting corpse, protesting that rinsing off the dead body might endanger its lovely aroma.
News alert: The United States is $36 TRILLION in debt. Continuing the globalist giveaway is just insane.
BLAH, BLAH, BLAH, ORANGE MAN BAD, BLAH, BLAH, ORANGE MAN CAUSE WORLD WAR II, BLAH, BLAH
Whatever dude. Let's just keep spending $2 trillion more than we bring in and pay for circumcisions in Kenya and LGBTQRSTUV+ Sesame Street in Uzbekistan!
