Raise tariffs to bring back industry to America

what factories? who is going to work in those factories and who much are they are going to be paid? More than a 4$ asian equivalent? How much raw material cost in the US? After you know even basic economics you will understand that everything you buy will cost more in proportion to that

trump is 79

hope that helps

who is going to work in those factories

That's easy.
Americans. Not just working there, but they have to build the factories too.

For the rest, ask Apple, they are spending 500 billion after all. Question Apple, not me.

and by 1936, Germany was the economic powerhouse of Europe

Maybe selling the national banks helped bring in a little bit of money.

You do know that investing in the US, creating entirely new supply chains, and hiring all the workers necessary takes much longer than 4 years, right?

So what? He's in great physical shape, he plays golf like a pro, he leads a healthy lifestyle, he's very smart, and he's got great genetics. Yeah, maybe 12 more years is a bit too much, but in 2028 he'll still be physically and mentally fit for Presidency, and most people will vote for him.

Nobody is going to commit to build a factory in a dog shit volatile environment

NUMBER MUST GO UP AT ALL TIMES
Most shareholders are fucking morons and always have been.

we can build the factories on our own, older ones work just fine, trust the plan comrade

Counterpoint. If every 4 years you risk getting caught out by republicans pushing tariffs, then you wouldn't build a factory *elsewhere*, and instead build one *here*, which based on the money, is leading to all kinds of investment. I listed national investment, but here is foreign investment:

Saudi Arabia - $600 billion

Taiwan Semiconductor - $100 billion

CMA CGM Group - $20 billion

Softbank -$100 billion

This. Everyone will build all their factories in America. The brilliance of the tariffs mean nobody else in the world will ever have a job again. They'll all be here in America. four billion new americans. The white race finally exterminated.

Adolf Hitler did it in Germany

Nazi Germany realistically had horrible financial policy and took on incredible amounts of debt and expected to earn back enough money from conquering other nations, which didn't work out for them. They were only kept afloat largely by piling debt and some amount of slave labor.
So what the fuck are you even on about retard? The US will start conquering Canada and Mexico and enslave their people to fund the new factories or some shit? Anon Babble is so fucking retarded it's unreal

Example.
Last year the us was going to impose cv and ad duties on pretty much every country in the world for aluminum and steel extrusions. It went through but was defeated in court. During that period many foreign extruders went ahead of the news and spent billions in plants all over the world to circumvent these new duties. Then they cheered when those duties were defeated in court but still went ahead and continued building factories in various countries to avoid the duties. Then Trump took a shit on all of them by implementing a global tariff on steel and aluminum. Billions of Chinese dollars wasted. Meanwhile production has been ramping up in the us. My own Canadian supplier even built a giant factory 2 miles away from me. The essential components we will produce. If there's not enough workers, then it will just get automated out of necessity.

then it will just get automated out of necessity.

This. AGI is coming and soon we will live in a time of post-scarcity. All the goods and nobody with any money. So we'll get UBI and a new universal system.

borrow debt from neighboring countries

build factories to produce weaponry

invade neighbors and steal all their gold

no debt

is there something wrong with this?

It didn't work out for Germany back then did it? Also who the fuck are you gonna steal gold from you absolute brainlet? Canada has no gold reserves and Mexico has like 100 tonnes or something

post-scarcity

A myth, near post scarcity is also a meme only fit for science fiction.

we'll get UBI

Also a meme.

I'm just going to move most of my portfolio into cannabis at this point... trump's such a lunatic he might unironically reschedule and legalized cannabis just to own the leaf and euros.

I thought we raised tariffs to punish foreign countries for having tariffs so that they would decrease their tariffs and then we would get rid of our tariffs.

Now you're telling me it's about factories?

flight? Impossible. If man were meant to fly he would have wings.

I voted for trump, but this is a retarded take.

Before Trump even was elected he threatened tariffs in mexico to bring factories back to america (and succeeded in killing the biggest car plant ever being made there). You're being disingenuous saying it's some kind of flip flop.

youtube.com/shorts/DSjF_agSerU

Trump’s gonna abolish IP next to encourage more competition
You’ve been warned
Sell Disney NOW

Protectionism implies you have something to protect now, not just the hope that you will have something to protect in the Future.

He's in great physical shape

You can't be this stupid

he plays golf like a pro

Oh, it seems you can

Counterargument, expecting the dumbest of americans to be able to compete with literally the entire rest of the world despite american business, safety, and environment regulations, and increased standard of living, never made any sense unless your intention was for them to just be left behind.

Dumb americans used to be able to work stable jobs, now they can't. We already failed to protect them and are reaping the instability that has and will continue to come with it. webm related used to not be considered normal. Even in the Jim Crow era, black males under the age of around something like 25 had income at or exceeding white males of that demographic (Thomas Sowell stat). That is the value of having hands on jobs and why they should be protected.

The issue with the tarrifs is that they will move companies from Asia to any country with 10% tax instead of the USA.

Almost nothing will come back and possibly more will leave as other countries will raise taxes to the US and the smart place to be will be any country with 10% (baseline) tarrifs that also has low taxes to the EU.

The only things coming back might be some car jobs because of Canada and Mexico tarrifs at the cost of lots of lost jobs everywhere else to retaliatory tarrifs.

Everyone already agreed that the best target for retaliatory tarrifs is US tech firms like X and Facebook because it's easy to tax them on profit from foreign advertising.

So the US is trading tech jobs for what? Maybe some car manufacturer jobs and what else? Does anyone seriously expects Cambodian knitting sweatshirts jobs to go to the states? Or Lesotho diamond mining jobs?

Yeah who's laughing now?

But what if it doesnt bring back the industry? What if they just plan to wait it out knowing 90% of the tariffs will go away the second a Democrat gets in power again?

Or hell scratch that, not even the presidency so it might not even be 4 years minimum. Trump's tariffs are built on the emergency authority granted to him by Congress, if the Dems win the midterms they can just yank those powers away which renders the tariffs null and void

We already experienced the cultural resentment of the bottom 50%+ of the population being relegated to blue collar toil in the 1980s. Bruce Springsteen couldn't shut up about it. No solution was ever found. Corporations simply moved their factories elsewhere. A few lucky UAW enclaves remain.

We saw the grand cycle of industry start over again in China. First, the begrudging acceptance of subsistence farmers who will suffer indignity for cash. Once they get a house and can afford to put their kids through school, nobody in their family will work in the factories again. It's only a means to an end. Wage and safety expectations rose too high for corporate profits, so they moved to Vietnam. And now they're even trying to leave Vietnam. Full automation looms on the horizon. Factory owners want to escape the cycle permanently by never having to another fresh batch of workers.

For the past 200 years, manufacturing has only ever been a temporary solution that seeks a poorer and more desperate group of people to replace the workforce who can't or won't suffer the indignities any longer. American industry worked through the native labor force, then successive waves of European immigrants from poorer and poorer places, then minorities, before they couldn't find anyone else and left the country entirely. There was a finite lifespan.

You're talking about some kind of Victorian workhouse where the poor are impressed into forced labor for their own economic and moral redemption. Which really is just explicitly saying that manufacturing is a form of punishment intended to keep idle hands busy "for their own good."

He cant run again without a constitutional amnendment and that most certainly is not happening. Also, most people don't want 80 year olds driving let alone running the country .

Maybe we shouldn't be encouraging retards to breed or designing economic policy around them instead of ceding the future to China

No solution was ever found.

No solution was tried, because blue collar workers had more disposable purchasing power than your typical white collar worker today. We are at the beginning of the problem.

Wage and safety expectations rose too high for corporate profits, so they moved to Vietnam.

China is currently expanding its factories not contracting them. This isn't true at all.

You're talking about some kind of Victorian workhouse where the poor are impressed into forced labor for their own economic and moral redemption. Which really is just explicitly saying that manufacturing is a form of punishment intended to keep idle hands busy "for their own good."

Maybe re-read because you're getting the completely wrong message out of this. You depicted a treadmill downward but you neglected the complete other end of it. What happens to the people who are only capable of working with their hands in these "developed" economies where "Once they get a house and can afford to put their kids through school, nobody in their family will work in the factories again."?

The answer is they are just jobless, welfare slaves to the state, or work part time gig work for nothing, as they compete with literally pic related across the world even for delivery work. Even if you want to work the jobs illegals work in the US you will literally get turned away because they can't be hiring anyone that isn't brown at the risk of you asking for a w-2 form, but americans would absolutely be taking those jobs if they could. More of these hands on jobs would increase the wages of said jobs, it's simple supply and demand.
These people don't have jobs not because they don't want them, job applications are bigger than ever. They just don't even have an option because these jobs don't pay shit because of the exact scenario you described. There are no trade protections for Americans with low skill, that is in part what these tariffs are for.

You need UBI now, without AGI or even accounting for future levels of automation. Keeps demand up, it is non-interest bearing money, and allows for the monetization of private household debt and reduces demand for more of that debt in the future. UBI should be more about fiscal and monetary policy blending together than any particular response to specific automation. You would still need tons of workers to build out infrastructure for automation.

Which really is just explicitly saying that manufacturing is a form of punishment intended to keep idle hands busy "for their own good."

No job => No income => No stuff + no girlfriend => Burn + loot + murder + chimpout + voting in communist price fixing that is 1000x worse than these tariffs

Holy fucking shit you're not actually this stupid right? Companies leverage their stock price to build capital

Richard Nixon instituted price controls (and he was right to do it).

If you're a holding company/venture capital then you sell off holdings to acquire liquidity to use in other investments (outside of fundraising).

Also a meme.

You don't get it. This has all been planned and baked in. You think Trump is going to obliterate the world economy for fun? Or is he doing it for his gay jewish tech utopians that he surrounds himself with now?

He absolutely was not. Price fixing on oil in the 70's led to gas shortages, where instead of people actually working, they literally stood in line for hours on end, or didn't even wait at all, doing nothing, producing nothing, leading to significantly greater losses than if they had just paid the higher prices and allowed the fair market to set a value (math has been done on this).

If he had instituted tariffs on oil instead of price fixing it would have had a similar diplomatic effect and would not have had shortages.

Do you think investors keep a big folder on their desk labeled "FACTORY PLANS" with comprehensive permitting, economic and environmental impact studies already done just in case of a rainy day

They have multiple McKinsey guys that handle it, unironically.