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If you do 5 to 6 times 2008 to lower the salary for us workers to be competitive.

Or

You massively fund education, free housing, state commanding economy, do redistribution to facilitate social mobility.

You might also need a one party government to be stable enough to stay in power for 30 40 years. And probably 2-6 millions immigrants per year for substantive growth

We are already an industrialized country. The question is can we take back our seat at the head of manufacturing industry, which is maybe?

The main issue is a lack of workforce. The reason for the lack of workforce is two-fold. The first problem is that the U.S. is just now coming around on the philosophy of lean manufacturing, and actually focusing on improving the efficiency of their workforce and not wearing them down to nubs, but this adoption.is literally going company by company, with companies that have adopted it finding great success, but the monopolies are slow to pivot because they don't have to be quick on the draw. The second problem is that there are still more jobs that are lucrative and easier than manufacturing, which is a soul-crushing job at the worst of times, and a tiresome but simple job at the best of times. There is much more money in being a middle-man than actually producing something.

To elaborate, this is the main reason why the tariffs won't work. The problem is literally one of pay, prestige, and incentives, and what they should be doing if they want to bring back manufactured is targeting easy money flows connected to online advertising and entertainment, and raising the minimum wages on manufacturing jobs specifically. Basically, you have to tariff service, finance and entertainment profits in order to stimulate the real production economy. The issue is that all of that is an unlimited speculation gambit that, in theory, cannot be 'over produced', while manufacturing has very real diminishing returns and can lead to over production. This is something that will never happen with any modern politician at the head because they are embedded into the entertainment economy and media.

The U.S. absolutely can further it's industrialization, the issue is that the very political economy prevents that from happening in an actually useful way, so all that ends up happening is a transfer of wealth from the poor to the rich with no actual production benefits, which works out for everyone in charge so they don't actually care if it did work or not, or they will lie and fudge the numbers to say it did work.

Not this way, and even less likely under the capitalist system. Capitalists undertake investments when there are profits, if tariffs collapse demand, who knows.

Which is why UAW saying tariffs are good is kinda myopic. It's not just tariffs on Chinese cars. People need to have money to buy the cars.

the plan is that in the short term this is redistributing wealth from the poor to the rich

would take decades and climate stalin at that

No qualified workers, no supply chain, no logistics, no capital interest in investing in production. My math says hell no.

Factories take time to build. America could eventually reindustrialize, but not fast enough for this tariffs to make sense. And that's assuming that industries find it worthwhile to industrialize here anyhow.

Everybody is tariffed as the US imposed a 10% blanket tariff. However, there is still a 2.5B USD trade deficit with Russia, so I would have expected to see more than the 10% blanket especially if we apply the apparent formula they use.

Not sure if other countries in a similar position as Russia have also been spared additionnal tariffs.

-107.3% for Australia, that’s why he was talking about how beautiful and good it is lmao

Yea they are unthinking as always.

watching tariff announcements like

need it as emoji

Keep ‘em coming

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