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The tariffs are being paid by Americans. Why is that a surprise? (discuss.online)
submitted 1 day ago by bytesonbike@discuss.online to c/whitepeopletwitter@sh.itjust.works
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Video and source: https://xcancel.com/dieworkwear/status/1951851958559703117#m

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[-] Brainsploosh@lemmy.world 3 points 1 day ago

There is no doubt that the US population fared best, when most of the economy revolved around manufacturing

This was only true to the extent of the profit margins for manufacturing.

Higher margin industries leave more wealth/money to spend on life quality. If your standard of living costs more than manufacturing will support, you'll need to downgrade.

Software, design, innovation, capitalism, high tech all have much higher margins than manufacturing. Silicon valley, and other tech hubs will be impoverished by switching to manufacturing.

What industries are less profitable than US manufacturing? Which of them can be dispensed with?

this post was submitted on 04 Aug 2025
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