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Comment on Instead of Orange Man doing Tariffs would it not have been better for him to talk about shopping locally and so forth. And giving more tax breaks to companies that stay and sell in the US?

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grue@lemmy.world ⁨10⁩ ⁨hours⁩ ago

Sure, but that reasonable and nuanced idea has nothing to do with what Trump’s position on tariffs has always been. He’s just a dipshit that doesn’t understand the difference between microeconomics and macroeconomics, or that the entire economy of of a country that controls its own currency (and especially one that controls the world’s reserve currency) doesn’t work the same way as an individual household or business.

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thatKamGuy@sh.itjust.works ⁨10⁩ ⁨hours⁩ ago
Oh, absolutely!

My morning caffeine clearly hadn’t kicked in because I stupidly forgot to circle back round to that point. 🤦🏻‍♂️

Ultimately, my biggest worry is that Trump’s absolute piss-poor understanding and implementation of tariffs has very likely ‘poisoned the well’ to the point that they could probably never be successfully implemented in our lifetime by an actual competent Government - assuming the US ever gets another chance to elect one ever again.

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- grue@lemmy.world ⁨9⁩ ⁨hours⁩ ago
  
  Ultimately, my biggest worry is that Trump’s absolute piss-poor understanding and implementation of tariffs has very likely ‘poisoned the well’ to the point that they could probably never be successfully implemented in our lifetime by an actual competent Government
  
  Well, it’s not as if they had much chance of happening anyway, given the neoliberal status quo for decades before that, so… 🤷
  
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