Anonymous wrote:Many people believe that the tariffs will work. Europe, China, Canada, Japan and Mexico will beg the US for forgiveness, tear down all of their tariff and non-tariff barriers, de-industrailize themselves, and all manufacturing will move to the US in record time. I do believe that many Trump supporters think this is how the story will play out.
Super interesting discussion with Trump voters in the NYTs a couple days ago. Do they think tariffs work? They were split, but willing to give them a chance. Are they willing to endure short term pain while tarriffs work? Yes, they say they are. When asked to define the “short term pain,” they would endure, most landed in the range of 2-3 months. Which is absolutely long enough to change supply chains and build factories and train works /s. (To produce goods that will be more expensive. By that metric, Trump has until about mid to late summer to reinvent American manufacturing. Good luck with that. Especially since no one is investing in factories when Tru ps tariff policy is so erratic. They’ll just wait him out.
By Christmas, when their kids missed summer vacation (gas proaces) and cheap plastic cr@p has tripled in prince and they can’t afford Christmas dinner, they will be well past “short term pain” and have learned a hard lesson about tarriffs. Until then, logic and “it takes 5-10 tears to bring a factory (that will be automated and employ white collar folks to maintain the robots, but not you)” isn’t going anywhere with the cult. It will take hunger and kids without Christmas presents.
|