Wednesday, November 27, 2024

Tariffs

I'm not defending Trump's tariffs - they're dumb - but I think liberals are going too much in on the idea that they will destroy the economy, be instantly unpopular, and tank Trump's approval. There's a lot of econobollocks ALL SENSIBLE PEOPLE KNOW TARIFFS ARE BAD and a lot of ignoring of the Biden  administration record's on tariffs.  Maybe Joe should've removed some when he had the chance.

There's some revenge fantasy here along the lines of, "you were mad about inflation and now you're going to get inflation," but it isn't going to be that simple or obvious.

More generally, the lessons everyone has "learned" (because it serves their purposes, because they are bad at their jobs and they have boat payments to make) is that there's nothing you can do to convince people who are mad about inflation, so they are hoping Inflation II proves their point.

Always trying to refight the last battle to prove themselves fucking right.