alt Hacker NewsAdvanced manufacturing requires cheap global inputs.
Before tariffs, unemployments was ~3.5% and real wages were rising, and part of why wages have been rising is because the cost of goods like TVs have been falling.
Advanced manufacturing requires cheap global inputs.
Before tariffs, unemployments was ~3.5% and real wages were rising, and part of why wages have been rising is because the cost of goods like TVs have been falling.
Just because the dumbest president in American History can't do industrial policy doesn't mean that industrial policy can't or shouldn't be done.