US manufacturers are stuck in a rut despite subsidies from Biden and protection from Trump
orclev @ orclev @lemmy.world Posts 0Comments 1,372Joined 2 yr. ago
orclev @ orclev @lemmy.world
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He's a moron that doesn't understand economics and ignores the advice of anybody smarter than him (which is pretty much everyone). He has an incredibly simplistic concept of how domestic markets work and doesn't even remotely understand international trade. All he sees is the word "deficit" in "trade deficit" and thinks that means the US isn't getting paid for its exports. It's why he's so hung up on the concept of tariffs (which also don't work like he thinks they do).
The only thing Trump has ever understood is how to rip people off. If he had been born to someone poor Trump would be running the sleaziest used car lot for a thousand miles around somewhere.