I don’t hate anyone. I want everyone in the US and the whole world to do well. These policies are basically going to make quality of life worse for Americans the most but also the rest of the world. Over the last 40 years the American economy, has prospered and lifted billions of other people worldwide out of poverty.
We can have our cake and eat it too. The long term effects of these tariffs is going to be the world moving on without the US. We aren’t trustworthy anymore as a trade partner and the world will oblige us with leaving us to ourselves in our little island over here in between the Atlantic and Pacific. We will have less because we don’t have the human capital necessary to produce the wealth of goods and services we are accustomed to. Basically what we ourselves can make for us to consume is much less than what we can consume in a free trade scenario because we have more money than everyone else. The first step in making us poorer is erasing the projected future earnings of our companies. That erased the value of owning these companies which is what we saw in the stock market. He next step is going to be as actual products prices go up and products start disappearing from our shelves. The next part will be job shifting. The goods US produces domestically and exports will start slowing and people will lose jobs there while others gain jobs in things that are necessities that we have to start making here. Trading software engineers for tee shirt makers basically.
I am disheartened by the glee you all seem to have in peoples suffering. You like to see foreigners suffer, you relish Americans losing money in the stock market, you think there is some great future for you, but that’s only cause you don’t understand. My view of your attitude is that you would rather see us suffer under Republican leadership no matter who it is then prosper under anyone else. Why do I think this? Because over the last 20 years I have seen the people in this forum dismiss every single good thing that has happened under Democratic leadership and relish the bad things that happen under Republicans.
I want people to do well and moving forward under these policies more people will suffer than do well. Also I’m not a patriot. I don’t really care if someone is American, Mexican, Chinese, Russian, whatever. We all have a right to be free and prosperous. Leaders who see the world as a game of stealing prosperity from others are the problem with the world not the solution. Trump is one of those people so I don’t support him. We have words for that and they’re called selfish or greedy at best, and maybe evil at worst. All I know is with one fell swoop on 4/2/2025 Trump made the world a worse place to live for everyone and we in the US will bear the majority of that cost.
We can have an honest and nuanced debate about tariffs. Let's do that.
"These policies are basically going to make quality of life worse for Americans"
The end goal of these policies is to bring back manufacturing and production to the US. This means jobs, higher wages and benefits. I wont even go into the national security argument as you obviously have zero concern. Trump's policies have coerced over $1T in new manufacturing investments in only 2 months.
"Over the last 40 years the American economy, has prospered and lifted billions of other people worldwide out of poverty."
You are correct that our trade policies have created a ton of wealth for other countries. However, over the last 40 years the US has lost over 90,000 manufacturing plants, an estimated 6.7M jobs.
The loss of blue collar specialists jobs has resulted in stagnant wages for much of the middle and lower middle class. They have lost purchasing power and with the rise of inflation resulting in higher shelter, food, and healthcare costs leaving them and their families underwater. Where is your concern for them?
"The long term effects of these tariffs is going to be the world moving on without the US."
The US has a nominal GDP over 28T, our consumer market sets global trends and standards. The US dollar is the world's reserve currency. The majority of global trade is priced and settled in dollars. Other countries will not accept Mexican Pesos in exchange for their products. The US dollar provides global stability. There is no "moving on without the US".
"We aren’t trustworthy anymore as a trade partner"
This makes no sense. The US has not lied to other countries. Trump was very upfront with trading partners. He gave them a window of time to negotiate and lower their unfair tariffs on US manufacturers. It is interesting that you find our people untrustworthy when other countries have treated us so poorly economically.
"We will have less because we don’t have the human capital necessary to produce the wealth of goods and services we are accustomed to."
The argument that the U.S. lacks the human capital to produce wealth and goods domestically, forcing reliance on foreign countries, doesn’t hold up when you look at the country’s workforce, innovation track record, and economic output. The U.S. has the talent, skills, and capacity to generate substantial wealth and goods—
its dependence on imports is more a choice driven by cost, policy, and global trade dynamics than a fundamental deficiency in human capital.
US labor productivity (GDP per hour worked) ranks at the top almost doubling Japan and 50% higher than the EU.
The 167 million in the U.S. workforce is highly skilled and productive. Over 57 million have bachelor's degrees or higher.
Germany, a manufacturing powerhouse, has 83M people total and far less with degrees. In fact we have more workers and and a larger share of degree holders of any country.
The US leads in innovation, a key driver of wealth and goods production, US patents per year number higher than the rest of the world combined.
The US has the people and the skills, it is just not always cheaper.
"The first step in making us poorer is erasing the projected future earnings of our companies."
Earnings are tied to real economic activity. Short term market volatility will not erase projected future earnings. That would require a cascade of effects. Companies with cash will take full advantage of the current decline. Earnings more than rebounded even with the 1987 Black Monday Dow drop.
"He next step is going to be as actual products prices go up and products start disappearing from our shelves."
What a looney left talking point. Let us know which products those will be so we can all stock up.
"Trading software engineers for tee shirt makers basically."
An unsurprising degradation, by the left again, towards skilled blue collar workers.
"I am disheartened by the glee you all seem to have in peoples suffering."
Minor short term price increases on some products will not cause suffering. Lack of good paying jobs is way more damaging.
"Leaders who see the world as a game of stealing prosperity from others are the problem with the world not the solution."
The fact that you are ok with leaders of other countries doing what is best for their citizens but consider it shameful that our President does the same for us is certainly a take. A bad one, an embarrassing one.
"Also I’m not a patriot."
So many of you on the Left are not patriots. Your disdain for the country is why your political party has a 21% approval rating and still dropping.