Murfreesboro,Tennessee
Translation. Trump just decided to create an inflationary spiral by putting
tariffs on Chinese imports. With no manufacturing of the various goods in the
United States. Check around your house, and see how much stiff you have, even
with ""American"" products, are actually made in China.
So, your TV, cookware, computer, smart phone, clothing, linens, various auto
parts, various electronic parts, wall board... mehr anzeigen
Murfreesboro,Tennessee
Translation. Trump just decided to create an inflationary spiral by putting
tariffs on Chinese imports. With no manufacturing of the various goods in the
United States. Check around your house, and see how much stiff you have, even
with ""American"" products, are actually made in China.
So, your TV, cookware, computer, smart phone, clothing, linens, various auto
parts, various electronic parts, wall board (sheet rock), steel,aluminum,
copper, solar panels, components for win turnbines, etc. are all made in
China, or Asia (outsources by China).
So, most everything you buy, is just about to get more expensive. If the US,
decides to manufacture these goods, and hire union labor, the cost of building
factories, and staffing those factories, is going to add t o the costs.
If anyone remembers what happened, in the US, in the late 1970s, early, 1980s,
with double digit interest rates, unemployment rates and inflation, Trump has
just set a repeat in motion. On top of all thins, China, and elsewhere, will
impose tariffs on the US, making US goods even more expensive which will add
to what a campaigning Ronald Reagan once called the ""misery index"". After he
put in tax cuts, 1987 had the worse stock market crash since 1929. Trump
already did the tax cuts, we now can wait for the crash.
If there were ever a case to expel Trump, and his cronies, this is it. A lot
of people are going to get hurt by Trump's reckless economic ""policies""; if
you can call them that.
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