this post was submitted on 06 Apr 2025
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Explain Like I'm Five
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Tarriffs were originally intended to protect domestic industry, by making foreign products more expensive than domestic products.
The problem is almost everyting has been offshored the US, US wages are criminally low vs the cost of living, and it will take decades to ramp up manufacuring to pre 80's capacity. We have very little 100% American domestic industry or products.
In short, people who are not already rich are going to get fucked, hard. Elctronics, clothes, appliances, tools are all about to get more expensive.
Which is the plan: bankrupt as many peasants as possible, forcing them to sell their property, so billionaires can buy it all up, for pennies on the dollar. Those not rich will be forced to rent, forever.
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