• pulsewidth@lemmy.world
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    1 day ago

    This is what happens when a guy who was, according to his professor “the dumbest goddamn student I ever had” is made president.

    He keeps trying to shove the triangle into the square hole while exclaiming, “it’s a perfect fit”.

    Tariffs alone will never bring back manufacturing to the US. Those jobs are gone thanks to globalism, and why would you need them back when you could instead invest in a more service-oriented economy and with more highly specialised (and valuable) tertiary industry jobs. All tariffs do in this situation is tax everyone and drive inflation rapidly - both at a time when people are at historically high levels of personal debt.

    • Ronno@feddit.nl
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      1 day ago

      Yes he’s dumb, but on the topic of tariffs he knows it will not bring blue collar jobs back to the US_, look at his own merch or the phone he is selling, all made in China. Secondly, he didn’t write Project 2025, there are smarter people than Trump pulling the strings, there is ulterior motive to push for these tariffs. I personally don’t really know what, other than wrecking the economy or maybe purposefully devaluating the dollar.

      • JumpyWombat@lemmy.ml
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        24 hours ago

        Please remember that every time he announces something, even if doesn’t happen, the market fluctuates. If you know in advance, you can profit. The Trump administrator is constantly committing insider trading.

    • JumpyWombat@lemmy.ml
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      1 day ago

      and why would you need them back

      Exactly! What’s the endgame here?

      The only explanation I have is that in his (and Musk’s) mind all intellectual jobs will be replaced by AI, and the US will need to shift everybody to manual jobs to assemble stuff. It’s so stupid and dystopic that it may even be true.

      • martinb@lemmy.sdf.org
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        1 day ago

        You forget the rise of the robots. No need for stupid meatbags to assemble stuff when a metalskin can hallucinate do it perfectly every time