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Comment by LinuxBender

14 days ago

By low-skilled workers do you mean the working class in general? If so it is my understanding that the overall goal is to help them at the same time as the privileged by shifting taxes at the same time as tariffs start to come down to create a re-balance of sorts in theory. Here [1] is a quick interview of Treasury Secretary Bessent by CNN Kaitlan Collins that I think covers this idea at least a little bit. I am curious to see how this plays out in practice. It's explained a little more in depth here [2] including how this was done in the past. I know videos are an unpopular medium on HN but I believe they are both worth the time to watch.

[1] - https://www.youtube.com/watch?v=i8WWvBEiFvE [video][10 mins][cnn interview]

[2] - https://www.youtube.com/watch?v=1ts5wJ6OfzA [video][24 mins]