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Now look at this in the context of increasing domestic production, so we'd be importing less even before increasing tariffs. Revenue will hit rock bottom in record time.
I'll credit Trump for one thing - he successfully broke me of my Scotch habit with his stupid tariffs
Now let's scale that up to, well, everything?
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Take a look at the JOLTS data
516k job openings in April, 385k separations and 382k hires. That's a deficit of about 100k jobs that aren't being filled in manufacturing alone. The problem isn't a lack of manufacturing jobs, in fact it's the opposite. We have over a hundred thousand manufacturing jobs we can't fill, and this matches what I hear through the grapevine at my work which does contract industrial cleaning. People don't want those jobs, and people take advantage of the opportunities available to them to get out of those jobs. Trump would destroy the countries economy if he actually managed to implement this plan
There's a quote from Arthur Harris that I think shows a pretty fundamental insight into the mind of a fascist.
"The Nazis entered this war under the rather childish delusion that they were going to bomb everyone else and no one was going to bomb them."
Someone like Trump just does not think, "And then what will they do when we triple our tariffs on their goods." It's an innate narcissism, the belief that everyone else exists to do things to and not to have agency of their own.
This isn't even getting into the reality that this is just another regressive tax scheme designed to shift even more of the tax burden onto the working class.
He'd just do it temporarily for us poors but make it permanent for his ~~best friends~~ rich donors and make it very hard to ever tax them again.
Is there an infographic about this I can give to my maga relatives when they inevitably bring this up, so I don't actually have to talk about it with them?
this post was submitted on 16 Jun 2024
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