Comment by glimshe
11 days ago
If we could manage the country using HN experts, we'd be incredibly prosperous. People here know so much more than the actual professionals in the government.
Only a few people pointed out the obvious. Trump aims to bring everyone to table to renegotiate global commerce. Every country's economic strategy today is to have positive trade with the US and that is unsustainable.
A risky tactic, but refreshing after decades of the old tired policies that brought us the collapse of parts of US manufacturing and so much pain during COVID due to a complete dependence on foreign suppliers for... Well, everything.
I don't know if this will work. But I know what we had before wasn't working. We'll see.
Why exactly wasn’t it working for US? The country with most wealth by like every measure? It’s not enough?
Well they were only getting one golden egg a day. If they cut the goose open they could get all the eggs in one go.
This is the most mind-blowing thing to me: a bunch of multi-hundred-billionaries all standing beside a billionaire that shits in a gold toilet and is in charge of the richest country on Earth angrily proclaiming that "Everyone is taking advantage of us!"
Seeing yourself as a victim makes it easy to justify your actions.
> Trump aims to bring everyone to table to renegotiate global commerce.
Throwing the gauntlet in the dirt isn't how you achieve this type of diplomacy, as the world will just form new economical alliances with more predictable trade partners instead of wasting time trying to appease Donald Trump.
> A risky tactic, but refreshing after decades of the old tired policies that brought us the collapse of parts of US manufacturing and so much pain during COVID due to a complete dependence on foreign suppliers for... Well, everything.
By "policies" do you mean US corporations trying to make as much profit as possible by moving manufacturing to cheaper countries?
The result of tariffs, even if manufacturing for some products moves back to the US, will be higher prices for consumers even in the long run as you cannot produce things as cheaply as other countries. In a country where wages have not kept up with inflation the economic pain will keep mounting.
> I don't know if this will work. But I know what we had before wasn't working. We'll see.
Coupled with:
> People here know so much more than the actual professionals in the government.
Is funny to read; If you had those actual professionals in the government, they would be able to show you some serious predictions about how these moves will improve the economy and when you can expect the "golden age" to show up.
The pot calling the kettle black...