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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I never liked Trump, but I also very much dislike the Democrats. It'd be too strong to say I was rooting for Trump or that I thought he'd to a good job, but I thought there was a *chance* he'd do a good job, and, for the sake of the country, I was really hoping he would. I didn't vote for him, but I also never seriously considered voting for Harris or Biden. I thought Trump's first term was at moments scary but overall pretty good.

With the wind-up, let me say: geez Louise this is going shittily. [/quote]

You are missing the big picture. It’s bad for Wall Street. But this is going great if you are from Main Street. 
No pain, no gain. Finally a president who is fighting for main street. 
Manufacturing jobs will have to come back to the US. If these corporations don’t do it, they will keep watching their stock prices sinking.

[/quote] and you believe this domestic manufacturing boom will manifest itself within what time frame?

[/quote]

It could take years. It’ll be painful but it will make us stronger. Our kids will thank us.
We have been through recessions before and came out stronger. Why are people so scared?[/quote]

So there is truth that tariffs could bring more production back to the US. But is the pain with Trump's approach needed?

Imagine a world where instead of slapping on tariffs all at once (calculated by arbitrarily picking two numbers and dividing by 2), the President was thoughtful and decided what type of production would be best suited for our country (he could have used the investments under the last administration as a starting point, perhaps taking out the electric vehicles stuff if he doesn't like that sector fine, but domestic production of semiconductors certainly makes sense in our digital age). Then, once he made that decision, he could have opened imposed targeted tariffs on the countries we important those goods/components while simultaneously supporting the private sector through investments and/or lower regulatory burdens.

A more thoughtful approach would be more effective in bringing production back to the US without the market pain he is now imposing (remember, 60% of Americans have retirement savings invested in the stock market). [/quote]

You are right, but that more measured approach would take too long because it will face a lot of resistance. This chaos is necessary to show that we mean business and crush any resistance. 
It shows that we are willing to crash the stock market to achieve our goals. 
The final tariffs will be more targeted and moderate. People will feel relieved and accept them without any pushback. That’s the plan. [/quote]

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