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Damn the torpedoes's avatar

You’re on fire these days, Don. I tried to tell a TDS pickleball player last Friday that exact thing-it’s not about tariffs, it’s about bringing companies and manufacturers home. “But the market! My IRA!” She wailed. I said Wall Street is a casino. The house always wins. It will be back up on Monday, which it was. Wall Street was the vehicle that took out all the storefronts on Main Street. I’m sticking with that guy who was in the cab of the trash truck last year. He’s heading to Wall Street to pick up the garbage.

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EODMom's avatar

Michael Walsh wrote, “To begin, what it’s not about is tariffs. What it is about is repatriating American manufacturing and thereby restoring Great Power status to the U.S.…..”

I think it’s not just bringing back production and making things of all kinds in the US. I believe it’s about ending the expectation since WWII that America is the equivalent of the Bank of Mom n Dad and we will forever feel guilty about having imagination, drive and self direction. Disparate tariffs, foreign “aid,” NGO “grants,” - all welfare and shakedown payments.

If countries don’t want to be colonized with American money they can stop acting like pampered pets asking for treats.

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