The Commerce secretary was on CNBC yesterday am talking about how the tariffs will bring back manufacturing jobs to US. Then a few seconds later was talking about having Apple (and other companies) make their products in the US using robotics. So very few actual American humans getting jobs.
He's also fond of saying we're going to make trillions from the tariff payments, but we'll all be buying American products. The math does not check out.
The government will take trillions from the American populous, then when all manufacturing comes back to the US, tariff revenue will drop to zero. But Americans will still pay the higher prices to the corporations.
This basically distills the tariff gambit down to its one-two punch of wealth transfer:
a tax on consumption (to offset huge tax breaks for the wealthy), followed by
higher prices for domestically produced goods (to increase profits for the wealthy)
At some point normal people are going to lash out en masse and it’s not going to go well for the super wealthy. Why can’t they just pay their fucking taxes?
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u/SchnaapsIdee 1d ago
The Commerce secretary was on CNBC yesterday am talking about how the tariffs will bring back manufacturing jobs to US. Then a few seconds later was talking about having Apple (and other companies) make their products in the US using robotics. So very few actual American humans getting jobs.