Trump is great for the economy and the working class!
No, no he isn't.
Back in July my mother's company suspended all new product development and releases until after the election. This is because everything is manufactured in China and if Trump wins the Tariffs he has promised will hurt their bottom line.
This morning they had an all company meeting. All new product development and releases are now suspended indefinitely until they can figure out how to move manufacturing out of China. With this news also comes a round of layoffs.
And guess what, the tariffs are not going to bring the manufacturing back to the United States. Not even close. They are looking at countries such as Indonesia, India, Taiwan and what not for manufacturing. They are not even considering the United States due to costs.
The company my mother works for was founded a little over 50 years ago, she's been with them for more than 30 years. Everything they manufactured was made in the United States up until 15 years ago. What changed? As the founder, he sold his company to a holding group. And over the last 15 years my mother's company has been acquired or merged into an even larger soldering company. She's under a massive umbrella of brands now. They make all kinds of home goods, gifts and what not. And one of the first things that happened was the put and end of manufacturing local to cut costs. My mother's brand, which has always been a premium gift brand found in gift shops is now no more than let's make it as cheep as possible and only sell in Walmart. Let's not deal with gift shops and eliminate the sales reps required to manage relationships with thousands of small stores.
If you look closely, there is a direct correlation between areas that voted for Trump and areas where the average wage has not kept up with inflation. There is also a direct correlation with education.
So what drove the vote? Hope for improved earnings (purchasing power), revenge on the elites, anger at a system that is outdated and failed, and a dream to return to the past - which was, in fact, better for them.
But that past can't and won't come back. Manufacturing isn't coming back. The 52% won't pay $150 for a pair of shoes made in the USA. They won't pay $75 for the polyester pants they wear to the local bingo hall. They won't pay $5000 for a laptop that today costs $750 at Best Buy. Not going to happen.
In fact, tariffs will worsen their price misery, because they will impact high quality products made in countries other than China. Vinyl made in Germany, jeans made in Japan, a shirt made in India - all will cost more.
Even their MAGA bibles and Trump bobbleheads will cost more.
Republicans have consistently blocked minimum wage increases, worker protections, consumer protections, employment laws - in fact, anything that would actually help that 52%.
Republicans have, consistently over many decades, weakened the education system and access to higher education, necessary to lift that 52% up and at least give their children a better future. Many, maybe most, of that 52% are too dumb and/or lazy to get a higher education. Nevertheless, access is everything.
Republicans have consistently weakened even the modest and toothless oversight of financial institutions. This helps the rich get richer at the expense of the not wealthy and working class.
But hope, revenge, anger and fantasy are a powerful emotional cocktail.
How long they continue to drive Trump popularity remains to be seen.