It's like hijacking a plane pre-9/11. Everyone knew you just followed along because the hijackers wanted something. Then 9/11 happened and hijacking the plane WAS what they wanted.

Tarriffs pre-Trump always were to pressure a change in some policy. Then Trump came along and tarriffs were the policy. But instead of World Trade Center collapsing, it is now just World Trade.

It’s not even that it wasn’t coupled with a public investment strategy, but it was coupled with trying to get rid of existing investments like the CHIPS act that are desperately needed.

I would say this was sabotage if it didn’t reek of pure incompetence. What else would you expect from a man that bankrupts casinos.

What’s wild about the Trump tariffs is that they are not coupled with any industrial policy or public investment strategy that could plausibly deliver US re-industrialization. The result is that the tariffs will likely accelerate US industrial decline and general economic degradation.

It is truly fascinating to watch. Trump has so thoroughly purged socialist ideas from his economics departments, and has ensured such absolute hegemony of neocon principles, that his administration is incapable of conceptualizing and implementing even *basic* industrial policy that could deliver on the Executive Branch’s own stated goals.

Total self-delusion. The billionaire ruling class has no idea what to do, they are completely adrift. And this is dangerous because they are likely to resort to violence and geopolitical bullying in a desperate dying bid to hold onto power.

"Fascinating to watch"
Buddy millions will die...

I think a better way to "reindustrialize" would be making wages paid to any domestically employed employee's wage, who isn't in the executive class, tax deductible, all coupled with a tax hike on corporations, assuming there's a workplace shortage.

likely to resort to violence [...] to hold onto power

Oh good, then we can crush them without remorse. I do so love unambiguous villains.

Currently the best way to bring back industrial potential is to create state owned enterprises and have your own four year plan to either grow your SOE or establish infrastructure for private companies.

Oh, and, devalue the shit out of the USD if you want any kind of private investment.

Just like the NAZIS.

Because this regime and all associated with it are NAZIS.

Time to start calling them what they are and preparing to deal with them the only way that NAZIS are to be dealt with.

That "likely" is doing extremely heavy lifting there. That's akin to saying "it's likely the sun will rise in the east in the morning."

There is a lot of damage to industrialization hopes. Tariffs on metals, lumber, gypsum hurts building and manufacturing. Energy (solar and batteries) tariffs not only means higher energy input costs for industry, it's yet another immediate cost of living increase for people, and an unsustainable planet is a worse cost of living increase/quality of life decrease.

There does seem to be an industrial policy to militarize AI, and monopolize data centers to US, through politicized investment funds, but they are not getting the quo pro their quid, and limiting the world to US controlled data centers is certain to make them prefer/wait for Chinese tech to catch up.

Retaliation, undermining, and boycotts is going to mean less production and less jobs and less income to afford consumption at higher prices. War on Universities doesn't help future. Forcing kids to replace immigrant labour instead of school focus is anti-future.

wait this isnt Jackson hinkle