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this post was submitted on 19 Nov 2024
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No Stupid Questions
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No such thing. Ask away!
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I think that it depends on the person. I've heard of enough people who voted for Donald because they like that he "says it like it is", or "he's a businessman", or because they just want lower taxes. Some people are so exposed to rage-bait social media/news content and are always being told what to be afraid of and they vote emotionally based on that fear. My grandfather votes the way he does because he's TERRIFIED of immigrants, even legal ones - because all he does is sit and watch fox news. I think most often, people are busy with their lives, paying their bills, taking care of their kids, etc. and don't have a lot of energy left over for politics. People treat voting like it's team sports. A ton of people voted for Donald because they thought tariffs were paid by the other country, not American businesses. I don't exactly blame people, it's a lot of information and life is probably a lot more relaxed for people that don't follow it.
Tariffs can be paid by the export country, indirectly. They usually have to lower the price of the commodity to make it competitive under tariffs.
Under Fordist economics the domestic industrial boost would lead to increased wages and buying power.
Under neoliberalism the domestic industrial capitalists gain a larger market share and then don't pay their workers more. Then they are faced with the problem of what to do with products that are unaffordable.