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They might bring back some high value manufacturing and good paying jobs though
by 486sx33 2y ago
They might bring back some high value manufacturing and good paying jobs though
- lambdaone 2y agoI feel the words "might" and "some" are doing a lot of heavy lifting in that sentence. The downsides of tariffs, though, are not hypothetical.
- pfannkuchen 2y agoIt definitely would if they are in place for a long time. The big issue is how discontinuous American leadership is. This forces more drastic moves in a shorter time frame if one wants to shake things up. I'm not advocating for Trump personally to have a longer term, but if an American leader was guaranteed to be in power for say 25 years then they could implement a slower and more strategic set of changes. It's almost as if removing leadership incentives to plan for the long term of the country (such as by preserving it for their children to govern) might be a bad idea...
- apothegm 2y agoMore likely they’re used as an excuse to roll back workforce protections, child labor protections, minimum wages, environmental protections, and consumer protections to the levels in the countries that have been producing these goods until now —- because “how else can we produce goods at reasonable prices?”