Quote:
Originally Posted by Not Bob
Unless the farmers own breweries, factories, and police/fire departments, that (job loss) won’t happen right away.
Note that I am Not Defending their views on this; just noting (a) their views on protectionism, and (2) that because it won’t impact them as quickly as global free trade did, they prefer protectionism.
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Yeah, I see these views not infrequently, and I also see a lot of people in my own neck of trumpville (upstate NY) for whom trade is the issue they're ready to take with Trump, who do feel that this has a real direct impact on their community. They may be hicks, but they aren't idiots. (Though remember, my mother was raised on a kidney-bean farm, so we are talking about people who farm, sell tractors, etc.) My understanding is construction costs have now increased by about 15% in some areas since the trade war began, and likewise we're seeing manufacturing costs increase because of the increase in steel costs.
