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submitted 1 week ago* (last edited 1 week ago) by Clinicallydepressedpoochie@lemmy.world to c/politicalmemes@lemmy.world

The people in cities and in blue states made this economic turn around happen. Trump does not deserve the credit he will claim. Burn it down.

Edit: If you leave this thread learning anything please let it be this one thing. Organic political movement isn't schemed up in a board room or carefully planned and executed every step of the way. It starts inside of you and people like you and you lend your support not knowing the outcome but believing in the cause. If it's not here, it's not here. I don't mean to supply you with fuel needed but only the spark to ignite flame waiting to be ignited.

I'm out though.

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[-] HelixDab2@lemm.ee 59 points 1 week ago

There's no need.

Really.

If Trump does what he says he was going to do-and I don't doubt he will--then the economy will crash on its own.

Tariffs will raise prices, and will drive inflation. Why will tariffs raise prices? Because the people selling will just add the price of the tariff to the goods sold. And unless the tariffs are the result of a new law, any incoming president can cancel them. That means that it would be a very risky environment to try and build domestic production in. The place I work for uses aluminum extrusion; we get it from a domestic supplier, and they get all their raw aluminum stock from China. When tariffs were enacted on Chinese aluminum, our supplier passed the cost on to us, and we had to raise our prices to account for our increased costs. So our customers had to pay more to get exactly the same product.

Deporting all of the undocumented immigrants will mean that we'll suddenly have lots of jobs not getting done; most produce is picked by undocumented immigrants, a ton of general construction is done by undocumented immigrants, most meat-packing plants are full of undocumented immigrants laborers. We'll suddenly be a negative unemployment; there won't be enough workers in the workforce to fill demand. That means wages will have to rise, which will drive inflation, and housing costs will rise sharply because new construction will be so expensive with undocumented immigrants. One of the people I work with is undocumented; if he gets deported, then we're up shit creek, because no one else can do his job as efficiently as he can, if anyone can do it at all (yay, lean manufacturing...).

I would place a financial bet on the economy crashing if Trump actually does what he says he will.

[-] valaramech@fedia.io 31 points 1 week ago

My expectation is that the "mass deportations" will quickly morph into "mass incarceration" will quickly morph into an enslaved workforce.

There will probably be one wave of deportations just to "show we mean business" or something and then the news will move onto the next distraction while the remaining undocumented immigrants are quietly sent back off to do the jobs they were doing only now the business don't have to pay them.

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this post was submitted on 08 Nov 2024
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