The market and prices have over inflated for years and it’s caused a bubble. Do you really think a $250k house being valued at $400k merely a few years later is normal? Or that a $35k truck now costs $55k for the same model? Stock market is in a similar situation. The government has been printing money and devaluing the dollar for years now. The bubble can only inflate so far before it pops. This is getting that out of the way with the tariffs.
People freaking out right now are insanely short sighted. Our manufacturing has moved so much overseas. This is money constantly leaving our economy. The long term goal of the tariffs is to keep incentivize companies to bring their manufacturing back to the US. Will this lead to short term pain points? Definitely. But it’s a necessary step for long term economic gains.
When you go to the hardware store and you buy a $15 wrench made in china, a large chunk of the money you pay for that wrench is leaving our economy and going back to China. But fast forward to manufacturers producing that wrench in the US, maybe now you have to buy a $19 wrench. But you get a product that is better quality, and 100% of that money stays here in the US to be reinvested in the economy, creating more jobs and more opportunity for people here in our country.
He didn’t just tariff end products that we would theoretically manufacture in American factories. He tariffed everything including raw materials that our country is frankly too advanced to be wasting time and effort on producing ourselves.
Your philosophy doesn’t just mean more wrenches are produced in the USA - it means those wrenches cost more to produce because we’re paying a tax on the raw materials we need to make that wrench in the first place.
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u/The_Sir_Galahad 2d ago
Where’re the conservatives, please explain this.