this post was submitted on 02 Apr 2025
31 points (94.3% liked)

World News

2573 readers
86 users here now

founded 5 years ago
MODERATORS
muad_dibber@lemmygrad.ml
sovietsnake@lemmygrad.ml
ksynwa@lemmygrad.ml
31
I Just Saw the Future. It Was Not in America. (www.nytimes.com)
submitted 3 weeks ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
10 comments fedilink hide all child comments
 

https://archive.ph/ClIoV

you are viewing a single comment's thread
view the rest of the comments
[–] yogthos@lemmygrad.ml 4 points 3 weeks ago

Trump is absolutely correct on the account that protectionism is necessary to develop domestic industries. The part that's delusional is the idea that tariffs alone are going to lead private sector to bring industry back. Without a state led investment campaign, there's not path towards US reindustrializing. What Trump is actually doing is Reaganomics 2.0.