General Discussion
In reply to the discussion: So Donald Trump wants to bring all of these manufacturing jobs back to the US. using tarriffs. One problem. [View all]Wiz Imp
(2,347 posts)You really think your quality of life will be able to be maintained if there are millions of jobs unfilled? You know many of those would be for services you take for granted? So how is that work going to get done?
And yes, all or almost all Presidents have imposed some tariffs. The difference is they ALL did it selectively. Trumps one and only economic plan is to put tariffs out the wazoo on all foreign goods and that will create the best economy in the world and the US would be swimming in money. Of course that is insane. First of all he has no idea how tariffs work. Second of all, even if they did work like he envisions them, the results would be as described here - super high inflation and/or massive worker shortages. None of this would improve the quality of life of the average American.