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Would be great for Republicans if this boom persists through the 2018 midterm elections. When Trump's trade policies take hold there should be a rush to form m
by SlipperySlope 10y ago
Would be great for Republicans if this boom persists through the 2018 midterm elections.
When Trump's trade policies take hold there should be a rush to form manufacturing startups to make stuff in the USA for the industrial supply chain, e.g. power cords, circuit boards, paints, etc. I expect these to form in the traditional centers of manufacturing excellence - urban areas where minorities will enjoy relative job prospect improvements.
- celticninja 10y agoCan the US really make power cords cheaper than China or Vietnam? If they add tariffs to imports I'm sure they can but is manufacturing for the domestic market alone enough to create sustainable jobs?
- samsonradu 10y agoThey can't, it's a political statement. It will likely not happen but for a small range of high-value products.
- deleted 10y ago[deleted]
- ChrisClark 10y agoNope, unless it's all automated and paired with high tariffs. But then you might only create tens of jobs per factory instead of thousands.
- projektfu 10y agoThere are lots of articles about how the stock market is affected by elections, but few about how the stock market affects elections. The up market didn't make Al Gore win, for example, but maybe if it were down he wouldn't have pulled it so close. Who knows? Maybe people were feeling so high from the market that they wanted the low-taxes guy because they were feeling rich.