This is true, but the problem is accelerated with poor fiscal policy like everything the Trump administration does. Tariffs ultimately hurt manufacturing, not desk workers. The idea was solid: implement tariffs to encourage domestic manufacturing. Except, domestic manufacturing requires materials, which are now tariffed. And the tariffs are so volatile that any capital investment, outside of maybe datacenters and some others, is suicide.

The right says give them jobs, but in reality, their policy destroys jobs. It doesn't help that GOP fiscal policy also implodes the deficit further than it already is, so now you can't even use that money to stimulate businesses. We're stuck in a corner. It will take decades to fix this fiscal mess, and in the meantime a lot of people are going to suffer.