MagicMike
Platinum Member
All we seem to be getting is gaslighting from this administration in regard to the economy. They tell us that prices are falling when they are actually rising. They tell us that job growth is strong when it is really just the opposite. People all over rural America are beginning to speak up about the strain. Most of rural America voted red a year ago this month because Trump promised them all the same things he promised in 2016 but failed to deliver, then tried to promise again in 2020 but nobody was buying it that time.
Now here we are a year into Trump 2.0 and Republicans all over the nation in those solidly red counties in the country are getting a harsh reminder of why we kicked Trump and his constantly gaslighting bullshit to the curb in 2020.
Why do Republican voters seem to have such short memories?
According to the American Enterprise Institute, the cost to American purchasers per manufacturing job created by tariff protection will be at least $225,000 annually per job-year for an indefinite period, with more realistic calculations indicating a cost of $550,000 annually per job-year (7).
So what's the fundemental problem? Tariffs raise costs for American manufacturers that rely on imported materials. For every job in steel production, there are another 80 jobs in U.S. industries that use steel (8). When steel prices go up — as they have, with some domestic producers raising prices 38.5% — those 80 downstream jobs suffer.
Wilson Jones doesn't hold back about what he'd tell President Trump if he visited the shuttered mill: "President Trump, gee, I understand what you're trying to do, but you're on a fool's mission. And you're not helping out a few. You're hurting a lot."
https://moneywise.com/news/economy/north-carolina-man-who-voted-for-trump-forced-to-shut-family-lumber-mill-due-to-tariffs
Now here we are a year into Trump 2.0 and Republicans all over the nation in those solidly red counties in the country are getting a harsh reminder of why we kicked Trump and his constantly gaslighting bullshit to the curb in 2020.
Why do Republican voters seem to have such short memories?
Tariffs breaking promises
On "Liberation Day," President Trump said: "Jobs and factories will come roaring back into our country, and you see it happening already. We will supercharge our domestic industrial base." (6) But the numbers tell a different story.According to the American Enterprise Institute, the cost to American purchasers per manufacturing job created by tariff protection will be at least $225,000 annually per job-year for an indefinite period, with more realistic calculations indicating a cost of $550,000 annually per job-year (7).
So what's the fundemental problem? Tariffs raise costs for American manufacturers that rely on imported materials. For every job in steel production, there are another 80 jobs in U.S. industries that use steel (8). When steel prices go up — as they have, with some domestic producers raising prices 38.5% — those 80 downstream jobs suffer.
Wilson Jones doesn't hold back about what he'd tell President Trump if he visited the shuttered mill: "President Trump, gee, I understand what you're trying to do, but you're on a fool's mission. And you're not helping out a few. You're hurting a lot."
https://moneywise.com/news/economy/north-carolina-man-who-voted-for-trump-forced-to-shut-family-lumber-mill-due-to-tariffs
