this post was submitted on 23 Apr 2025
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[–] julietOscarEcho@sh.itjust.works 12 points 5 hours ago

US economic output is more than adequate to achieve this already, but we choose instead to concentrate the benefits in the hands of a few.

Regarding tarrifs bringing back manufacturing: https://www.kcl.ac.uk/trumps-tariffs-what-is-behind-them-and-will-they-work "but this is very unlikely to work. Manufacturing has changed, with production now spread across multiple countries in so-called ‘global value chains’. Moving whole supply chains back to the US is going to be prohibitively expensive, result in rising consumer prices and make US-produced goods internationally uncompetitive. The model of manufacturing that underpins Trump’s approach simply hasn’t existed for the best part of 40 years, and is not coming back."