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[quote=Anonymous][quote=Anonymous][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] NP. You don't understand that manufacturing ended up in SE Asia because it was cheaper. This was beneficial for the US consumer. "Bringing manufacturing back" will mean that products will cost 5-10x to produce. [/quote] It will cost 5-10x more but will be better quality and last longer. The American dream wasn’t about cheap Chinese products. Americans will pay more for good quality US made products.[/quote] I am down with that because I have a HHI of 800k, I bought all my furniture from North Carolina, I buy lots of American made things from small businesses on Etsy. I just don’t know if majority of Americans have room in their budgets to accommodate 5x to 10x price increases but maybe you know mostly wealthy people and it won’t be that big an issue for them.[/quote] Even if things are made in America, the raw materials come from another country. For example, you've purchased a lovely beaded necklace from Etsy; it is highly likely that all of the component parts come from China. Trump's tariffs are going to really hurt any existing domestic manufacturing that relies on imported raw materials. [/quote]
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