even industries the tariffs were designed to help are hurting

[dead0man]

Alcoa Seeks Waivers From US Tariffs

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[KingSweden]

The thing is, bad as US trade policy has been for the last however many decades, you can’t just snap your fingers and Thanos them away. Global supply chains exist now that didn’t in the 1970s

[dead0man]

and they're very expensive to change.  Perhaps, maybe, if the tariffs stay in place we'll see new, efficient steel and aluminium plants open up in the US.  But since the people with the money and know how to do that know Trump is an asshole and is just playing a stupid game and know that at any moment he could kill the tariffs so they ain't even thinking about building anything.  They're just turning back on old, inefficient lines and plants (if that).  It's still not enough and it's still going to be expensive.

[Torie]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

[Wrong about 2024 Ghost]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

This is the expected behavior from bananna republics and tin-pot dictators. Which is where the US is heading under the Republicans.

Only it's not quite that, because those sortz of governements don't usually operate on anything like the scale America does.  The closest example I can see in the modern era is currently Russia. Perhaps that explains Republicans' affinity for Putin? That they want to turn America into the same sort of one-party kleptocracy + oligarchs.

[หมูเด้ง]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

Isn't that the point of all of this?

[Cold War Liberal]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

Remember Republicans freaking out over Obama picking "winners and losers" in the economy with regard to solar energy? I guess it's only ok to keep dying industries alive, not spur growth in new ones.

[dead0man]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

Remember Republicans freaking out over Obama picking "winners and losers" in the economy with regard to solar energy? I guess it's only ok to keep dying industries alive, not spur growth in new ones.

obviously their problem was with Obama picking the winners and losers, not the picking of winning and losers part.  They aren't hypocrites, they are assholes!

[Cold War Liberal]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

Remember Republicans freaking out over Obama picking "winners and losers" in the economy with regard to solar energy? I guess it's only ok to keep dying industries alive, not spur growth in new ones.

obviously their problem was with Obama picking the winners and losers, not the picking of winning and losers part.  They aren't hypocrites, they are assholes!

Seems about right

[Where's the Epstein Client List?]

First we impose really dumb tariffs to benefit a few, and hurt many, and then we go about granting exemptions to individual companies, which is like a huge neon sign of Las Vegas strip sized proportions, inviting corruption and favoritism (aka pay to play). Maybe it is possible to fashion an even worse public policy than this, but the bar to doing so seems really, really high to me. We have just about hit rock bottom on this one.

This is the expected behavior from bananna republics and tin-pot dictators. Which is where the US is heading under the Republicans.

Only it's not quite that, because those sortz of governements don't usually operate on anything like the scale America does.  The closest example I can see in the modern era is currently Russia. Perhaps that explains Republicans' affinity for Putin? That they want to turn America into the same sort of one-party kleptocracy + oligarchs.

The new oligarchs are Wilbur Ross, the DeVos-Prince Family and other loyalists of the Trump Regime.

At least in the pre-Trump Era when the GOP was in service to Corporate America in general, the little people had the ability to get some crumbs from the few shares of public stock they squirreled away in their retirement accounts.

Now all of the action is happening under the table and behind closed doors before even most people on Wall Street realize it.

[Wrong about 2024 Ghost]

CaseLabs announces it has been 'forced into bankruptcy and liquidation'

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[PSOL]

I remember hearing how a while back our solar industry was so damaged we were usurped from being lead innovator, now China runs the show. Wonder what other industries will get tanked as bad as that?

[Progressive Pessimist]

You mean this policy, like nearly every Trump administration policy, is pointless and poorly conceived? Balderdash!