I don't know what the solution is. I'd be happy to hear them out. Heck, I'd be happy to hear this one out. But "Just do anything... period" is not persuading me. The short term pain is abundantly clear but the long term gain is for some reason a big secret.
And to be clear: yes - I'd rather have kept doing exactly what we were doing (what we are calling "nothing", ie status quo) before instead of this inscrutable chaos. I'm not an economist but I have learned that something is not automatically better than nothing.
The issue with the status quo is that it was inevitably getting worse. To stick to gaming, your Nintendo Switch games went from 60 dollars to 80 dollars, and it had fuckall to do with tariffs.
I'm not an economist either, but do we trust these economists? The same guys who did nothing and allowed us (the globe) to be in this situation (A shitty global economy funded purely on slave labor).
I am not saying Trump's tariffs are a perfect solution, not at all, but the status quo in the long term is undoubtedly worse, where what is happening now is still in the air on how it's going to turn out.
Which is exactly my point, the choices were, infinite inflation till your cozy income doesn't remain cozy anymore or something else.
What changes? They aren't making millions iPhones in iPhone factories in US with workers screwing in millions of screws like our "brilliant" Commerce Secretary wants. They are moving production to India (and Vietnam).
They will assemble very high end AI servers for their own data centers in US.
The issues are many here. One is uncertainty like everyone else keeps saying which is preventing anyone from doing long term planning.
Second issue is complete lack of entire supply chains, tooling, supply chains for tooling and a lot more in US. We physically can't manufacture a lot of supporting parts and that's not changing any time quickly. The smart way to do this would be to "friendshore" or "nearshore" but instead US is in a trade war with the world. And that allows China to present themselves as the reasonable country.
And there are many other issues, but no point of arguing. Tariffs aren't necessarily a bad thing to implement on certain industries or perhaps instead of VAT. However the current administration is not going about this in a smart or reasonable manner. They are tanking the trust in US financial system and in US political system. That will bring consequences.
Apple making any changes even if it's just the data centres is the idea here.
I do find it interesting that the idea of a blue collar worker in the US is some absolutely insane idea. Don't you see that it is the issue, that these big companies refuse to keep business in house, at home.
there are many issues, but there are even greater issues with what the status quo once was. friendshoring and nearshoring was only ever going to happen if you can get the big dogs to come to the table, and why would they?
Why would any business do anything other than that which maximizes their profit year on year.
All these "perfect scenarios" were never going to happen, I just don't see why everything is absolutely the worst thing ever when opposite was an actual definitive shit show instead of an unknown one.
Oh no we can't forsee the future so lets just pick the shit path, it's such a weird mentality I'm seeing from people.
The world and the global economy needs change, I am not happy that it's Trump and his tariffs that were the only option but at least it's something.
Better than the whole world ending up like Zimbabwe where you just print more money to solve all problems.