Same business leaders that supported Trump.
Liberation Day, Patriot Act, Freedom Act…FFS any time you hear anything that sounds even remotely patriotic you know it’s the worst fucking thing imaginable
He didn’t impose tariffs on the world. He imposed them on Americans. We’re the ones who will pay.
America economy was broken, it needed to be rebuilt, it was doing very, very poorly, it was the ~checks notes~ strongest economy in history… so it clearly needed to be destroyed…
Umm kind of lost the plot on this one.
Let’s be honest tho, the American economy was going towards more and more speculation and exploitative based company making the gdp way higher then it ever deserved to be due to shareholders. In terms of actual economic strength you may be 2nd falling to third place soon
Buh bye US economy…
Even if he brings back a good degree of manufacturing with these moves, manufacturing has become so heavily automated that it will not be a significant enough source of jobs. All analysis shows this will contract the economy greatly with little upside.
brings back a good degree of manufacturing
The idea that manufacturing ever “left” is propaganda. Union factory jobs have gone down, but the US is producing more than ever. They just want to dangle the carrot of good jobs over people who don’t realize those jobs have been automated.
https://www.macrotrends.net/2583/industrial-production-historical-chart
The only real hope seems like enough wealthy people realizing that they need the poors to spend money to keep their investments valuable and nobody is going to do that if they can’t afford anything. Everyone knows Republicans won’t be convinced by the suffering of their constituents, but they’re usual open to bribes.
Bread and circus. The dial on the circus went up (social media) so the powerful can now steal the bread (goods).
It’s all just more of the same.
I should’ve said I have zero faith in the wealthy to actually do anything useful. I just figure if things get too bad and their investments start losing significant value, some of them might speak up out of pure self-interest. Snapping up properties dirt cheap is only worthwhile if someone can afford to live there.
Holy shit, man. Another day, another gut-punch.