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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The drama on the tariff is just not bothering regular people. It is a temporary thing and I am happy that my friends in auto industry and other industry will have jobs. Too often republicans just think of wealthy. They finally are prioritizing middle class. The tariffs are a negotiating tool and also glad it has been show how the USA has been way overpaying for years. Time to have some reciprocity and allow more of our good out. [/quote] Listen - first of all the tariffs aren't that. He took the trade deficit and "punished" every country who didn't "give" US enough. We are past negotiations. That takes communication and a dialogue. Trump just declared war and penalized countries whether they were allies or not. He had total disregard for anyone. Is that negotiating? Diplomatic? What would make someone who is not deranged simply act so irrationally? The middle class will suffer greatly, your friends will soon be out of jobs, as big companies start losing profits because people don't want to buy products or don't have money to buy, their businesses will need to reign in and let go of workers. This is Great Depression v recession stuff. Do you think stock market fell 1600 points today is a joke? Does that sound like most people are not caring about the potential disaster of epic proportions our Econ faces? You need a lesson in basic economy. What Trump wants to accomplish isn't going to happen using this strategy. The best we can hope for is him changing his mind to take some of this back and hope that other countries will not penalize us. It's true that globally, every country wants US business and needs it. However, if they are able to form new partnerships and thrive, the US is the one who gets left out. The way things work in 2025, you just can't go it alone. Nobody exists in a vacuum anymore - it's not 1950. We don't have a manufacturing infrastructure set up to go it alone. In 100 variations, this path of punishing other countries only hurts the US most of all. There is no silver lining for us. There is pain and honestly, it's Econ suicide on a national scale. [/quote] +1 This is absolute stupidity. It’s going to trigger a Great Depression and then a war. Trump will be remembered like Herbert Hoover is now. [/quote]
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