4 ms·
Except voting for massive tariffs make sense from an environmental and workers point of view. Logic instead of emotions was lacking in the democrats camp too.
by tarsinge 2y ago
Except voting for massive tariffs make sense from an environmental and workers point of view. Logic instead of emotions was lacking in the democrats camp too.
- seanmcdirmid 2y agoMassive tariffs will drive up costs and lead to worldwide economic instability. It didn’t work in 1929 and it’s not going to work in 2025.
- tarsinge 2y agoBut driving up the costs is a good thing in the big picture because negative externalities are artificially suppressed, the environmental, social and geopolitical cost of having cheap electronics and crap from China is way more high than anticipated. 1929 was another world, and economists have yet to update their view to the 21st century, GDP only is not the end goal.
- llamaimperative 2y agoThis is not the bargain people made in voting for Trump.
- seanmcdirmid 2y agoI didn't realize a vote for Trump was a vote for selfless austerity. Macro-economics is hard, but seizing up world trade is one well known easy way to ignite an actual depression, not just the kind-of-but-not-really recession we had under Biden.
- normalaccess 2y agoI'm ok with this because it's going to keep American money in America. The cheep prices we are used to are fueled by slave labor. That Chinese hammer that is $5 less at wal-mart was produced in a sweat shop by underpaid and overworked workers. The tariffs level the playing field and allow us to afford to produce goods at home by effectively banning slave goods. Besides, when you produce local its better for the environment because you're not sending everything on massive cargo ships.
- insane_dreamer 2y ago> make sense from an environmental and workers point of view from an environmental point of view, yes, by reducing consumption; but that's not why people voted for Trump -- they did because they thought it would lower their prices at the supermarket. it won't do that.