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Alternatively, Trump is extremely transactional and actually thinks that trade deficits represent other countries taking advantage of the US. For example, tari
by maxerickson 1y ago
Alternatively, Trump is extremely transactional and actually thinks that trade deficits represent other countries taking advantage of the US.
For example, tariffs on agricultural products that won't grow in the US do not fit into any sort of rational model.
- Workaccount2 1y agoThat isn't alternatively, it's parallel. Trump is an idiot and may or may not understand any of this. But his economic team does have a plan. My comment just outlines that plan.
- maxerickson 1y agoExpecting people that don't exist to take jobs that are lower value than working at McDonalds is not "a plan". Plenty of US manufacturing already pays close to retail wages and these geniuses want to reshore stuff with much lower value add. It's delusional.