"They Deserve It"
99% wrong, 1% not-quite-right
While Trump's views on China are not entirely wrong, only small, silly men respond to legitimate strategic threats by indiscriminately carpet-bombing the global economy with tariffs.
Despite launching an economic war of choice against both friend and foe, Trump's 'tremendous, beautiful brand' will continue to profit under an umbrella of geopolitical immunity. Meanwhile, the rest of us will be left picking up the tab for those charming little vulgarians in MAGA red.
Show and Tell
The Trump cartel will continue to flood the zone with bullshit, but The Economist has receipts to document the decline in domestic production.
And the kicker:
One study by Michael Hicks and Srikant Devaraj at Ball State University in Indiana estimated that 88% of the decline in manufacturing jobs in America between 2000 and 2010 can be attributed to productivity improvements. Trade accounted for only 13%.
