Re:China’s Economy to Reap Benefits That Once Flowed to U.S
by hyperpape on Monday December 24, 2018 @01:58PM
(#18753649)
A limited subset of the working class in the short-term, at that. There are plenty of working class people who are absolutely screwed by this. Anyone whose industry relies on steel or aluminum is likely losing out (https://www.npr.org/2018/03/24/596744980/trumps-tariffs-lead...).
If tariffs really were the best way to help the working class at some expense to the wealthy and upper middle-class like most of us on this board, they would be worth it. But they're not.
It also follows that tariffs are wealth-redistribution in disguise. Therefore Trump's actions benefit the working class, at the expense of the overall lesser economic efficiency, sort of the opposite of what you would expect from a republican president...