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maga sandals
(lemmy.ml)
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this post was submitted on 01 May 2025
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Microblog Memes
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He might be rude and orange... He might also have done all this with no plan, he might be driving up the cost of virtually everything, he might be driving many small businesses into bankruptcy, he might have created instability that's going to make everyone reluctant to start new businesses, he might have driven away all of America's trading partners, he might have handed the 21st century to China on a silver platter, he might have ended the dollar as the global reserve currency and all the perks that come with that... I could go on.
How much more damage will Republicans do to the US before enough people accept that, by and large, our manufacturing days are behind us? And that manufacturing leaving our shores is not the reason the working and middle classes are poorer than they used to be?
The tariffs were planned. Presidents generally roll out the 'eating your vegetables' policies in their second term. Of course its going to drive up prices, that is the point. The small business that start making domestic goods will make good money. The small businesses that just dropship crap from Temu and Alibaba will go out of business. The dollar was already disappearing as the global reserve currency before Trump.
We need to NOT accept that manufacturing is behind us. NEVER accept failure.
There's no businesses, large or small, set up to take advantage of the tariffs in most industries. And it's difficult for new businesses to set up because there's an air of uncertainty to everything right now, because Trump likes to roll things out major changes with as little warning as he can - which is not an environment conducive to investment of any kind. Further, the equipment that would be needed to start a new manufacturing business is, by and large, covered by tariffs!
As for accepting failure - we didn't fail to keep those manufacturing jobs. We developed to the point nobody was willing to do those jobs for a cost effective price. That is not a failure.
https://www.constructiondive.com/news/ibm-pledge-billions-tariffs-us-manufacturing/746567/