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Yes, and the gamble is that the positives from boosting domestic industry will outweigh the negatives from higher prices. The only people confused about this a
by temp8830 8mo ago
Yes, and the gamble is that the positives from boosting domestic industry will outweigh the negatives from higher prices. The only people confused about this are NPR-constructed strawmen.
- spacechild1 8mo agoExcept Trump himself repeatedly claimed that the exporting country is paying the tariffs and that the US is earning billions of dollars. And many of his followers seem to believe this.
- jleyank 8mo agoMight be collecting lots of money as tariffs but they’re acting as a national sales tax. Defrays the cost of the tax cuts to some degree I guess.
- spacechild1 8mo agoRight, someone has to pay for these tax cuts eventually. The rich certainly won't.
- testing22321 8mo agoTrillions, in fact https://www.forbes.com/sites/tylerroush/2025/08/31/trump-says-his-tariffs-collected-trillions-in-revenue-heres-the-real-figure/ https://www.forbes.com/sites/tylerroush/2025/08/31/trump-say...
- salawat 8mo agoThere is no domestic industry, it all moved overseas, and the existential risk to cessation of fiscally enabling tariffs within 4 years (assuming set and forget; note, business's ideal outcome), means most of the money will just find something else to chase for modest returns for 4 more years. Nevermind everything else going on poisoning goodwill toward the U.S. currently. The absolute, unmitigated stupidity on display currently is nothing less than I expected from a population without a Great Depression under their belt. We truly, truly, are too dumb as a society to have learned and internalized a goddamn thing.