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Dear Indyvidual,

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You wrote :

« Consider long-term vision instead of immediate gratification for a few hangers-on ! »
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That’s an interesting suggestion, Indyvidual, or should I say challenge ?

My “long-term” view is that I see Trump deconstructing the US through a process of entropy, installing a state of increased disorder, collapse and chaos, like a tyre deflating or ice cream melting – its energy dispersing and disappearing.

I see the US, once a vibrant, dynamic, and open system, being transformed into a closed system (in thermodynamics, a region that is isolated from its surroundings by a boundary that admits no transfer of matter or energy across it).

In my view, Trump is not making America “great” again. He is making America “break” and “broke” again !

Unless – and I don’t rule it out – there’s a rude awakening that jolts people to their senses and produces a radical change of direction – at 180 degrees !

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Trumpster,

Me thinks you're in for a double whammy, not only a 25% tariff on ya coke, but a 25% tariff on bourbon as well. There goes ya bottle of JD a day! If thy wack a 25% tariff on ya "Ice" as well, what can I say, it looks like its back to the metho and boot polish for YOU! Trumpster just asking, how many cartons of Diet Coke do you drink a day?

BTW folks, just to let you know Aldi home brand "Coke" is just as good as the American rubbish and less than half the price, tariff or no tariff.

So few people in Australia actually understand what's happening in the US with the Trump revolution. People who would normally think of themselves as supporters of the working class, turning their back on the working class because of their TDS.

Tariffs are a tool to re-balance a failed global economic system to the benefit of the workers who were abandoned by the globalists in the 1990s.

A left wing MAGA supporter explains....

http://www.youtube.com/watch?v=vjspMzkHeJ4

maze,
Short term gain leads to long term loss vs short term loss leading to low term gain ! Unions here advocate the former for workers & the latter for shareholders & other non-productive manipulators.

Indy,

"non-productive manipulators" that's YOU, with your snout firmly in the non-productive aged welfare trough. How have YOU managed to manipulate aged welfare for all these years? YOU must be a master manipulator, and here I am, paying tax to fill the trough! BTW, in a couple of days more taxpayer funded "la graisse" is coming your way! The answer is simple, save $40 billion pa, just by introducing a Seniors National Service for the languorous such as yourself. Agree?

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Dear mhaze,

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You wrote :

« Tariffs are a tool to re-balance a failed global economic system to the benefit of the workers who were abandoned by the globalists in the 1990s. »
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First and foremost, Trump’s tariffs are a tax on American consumers.

The positive effects and beneficiaries are :

1. the federal government (recipient of the tax)

2. the domestic (American manufacturers), who are competitors of the imported products, and who jump on the band-wagon and increase their prices to match the increased prices of the imported products

3. increased employment in specific sectors (aggregate employment remaining unaffected when the country is already near full employment, i.e., unemployment = 4%).

The current unemployment rate in the US is 4.1%.

There are also some antagonistic effects of Trump's tariffs :

Vietnam is expected to be a major beneficiary of Trump’s China tariffs. Some companies have already transferred manufacturing to Vietnam during the previous Trump Administration. Apple, for instance, moved AirPods manufacturing from China to Vietnam in May 2020.

American automobile manufacturers import parts from Canada and Mexico subject to Trump’s tariffs.

Canada is the largest exporter of meat to the U.S. It also supplies 20% of the oil and petrol.

Inflation will increase affecting lower-income Americans more severely than others, particularly those whom you mention : “the workers who were abandoned by the globalists in the 1990s”.

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