• Endymion_Mallorn
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    fedilink
    18 hours ago

    So basically we need to use whatever money is made from tariffs and invest in labor and manufacturing.

    • @turmacar
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      16 hours ago

      Sure, if the money is put toward that. And if people can afford to buy what are now more luxury goods. On top of things domestically produced with now being more expensive due to the necessity of importing raw materials. And if a lot of the manufacturing investment doesn’t just vaporize like the PPP loans or broadband investment.

      In a few years that manufacturing could get spun and match a portion of the rest of the world’s production capacity.

      Of course this time most of the world isn’t flattened by WWII and they’ll actively be looking for alternatives to trading with the US.

    • @turmacar
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      16 hours ago

      deleted by creator