Comment by kcplate
16 days ago
Which will be exactly what for the standard middle class person?
CBS published this list: https://www.cbsnews.com/news/which-products-most-affected-ta...
What exactly on this list is a day to day item that is going to adversely affect the middle class/blue collar Trump voter enough to cause them to flip their alliance? On that list maybe clothes and shoes. But even still those are generally bought only a couple of times a year and any increase will be griped about in the moment, but come election time will be forgotten.
There are only four things that will make a middle class voter feel pain enough to re-align their vote. Fuel/energy costs, general food costs, rent/housing costs, and job insecurity. If these tariffs do not adversely touch those areas, they will have little to no impact on switching votes. Also of note, over the last four years those items are the ones that drove Trump back into the Oval Office.
You may be right here. The tariffs might not directly cause enough pain for the average person to matter.
The big unknown still is the impact on the economy and job market. His actions may reduce competitiveness of American companies globally due to retaliatory tariffs and resentment.
If the tariffs cause a recession, people will punish him for it.
My guess is that the stock market losses will be a greater driver than any cost increases on goods. And stock market losses will not necessarily push the middle class much, but will push GOP politicians into contention with Trump.
Ultimately Trump needs GOP in congress to be friendly…more than he needs the public at this point. He cant (and wont, despite the trolling) run again.
Well he needs the public not to vote in a bunch of democrats in the midterms. And, if his MAGA movement is going to live on in Vance or others after his term, he will need public support.
Middle class people also have to buy new cars, maybe want to treat themselves with some foreign alcohol, they still need furniture, coffee is still one of the most traded commodities in the world and americans guzzle it down.
Yep what sets middle class apart from lower class is consumption.
But the lower class will also feel the tariffs. Because the lower class needs that $9.99 sweat pants.
New cars - They are not purchased very often by the middle class and they will lean domestic if they desire new or buy foreign cars on the used market if they really desire them.
Foreign Alcohol as a treat - If it’s a “treat” it’s already likely a more expensive choice than a domestic equivalent and any cost increase becomes part of the luxury of it being a treat. If your $60 bottle of Italian wine that you occasionally treat yourself with is now $80, you won’t really notice that $20. If you do, maybe you opt for a better domestic instead. If the $20 california wine you daily drink becomes $30, you notice that. But I assert that there is quite a bit of exceptional alcohol produced in the US and the middle class electorate is not going to starve for decent alcohol.
Furniture - Like cars, this is not a regular purchase and frankly not one where a price comparison with a prior purchase of a similar item will really notice any price increase due to tariffs. How often do you replace a dinner table? 10 years? Of course it’s more expensive than the last time you needed one.
Coffee is the one example where you have daily consumption and like I said on my original comment, food is one area that if affected, people will notice.