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> to the surprise of absolutely no-one with even the most basic grasp of how economies function. Trump and his entire administration admitted there would be sh
by pton_xd 9mo ago
> to the surprise of absolutely no-one with even the most basic grasp of how economies function.
Trump and his entire administration admitted there would be short term pain, possibly a recession, but that it would be "worth it" to restructure the economy.
So the question is: how long does the pain last? And is the economy stronger when it's over (do we get over it)? It's been 9 months so far.
From my perspective the policy goals are very unclear since it seems like they're actively wielding tariffs both as a means to reorganize the economy and as a weapon to bully other countries. Mainly bullying. The intended effectiveness on our economy seems difficult to judge.