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Bernardo de La Paz

(56,342 posts)
12. The pain won't be short term, and long term gain if any won't arrive for years.
Wed Apr 30, 2025, 11:43 PM
Apr 30

1) Children did not ask for the pain of 60% of Christmas gifts being blocked.

2) It is not clear that apparel manufacturing or rare earth refining factory jobs are desirable for workers.

3) The pain will last for years, even if tRump completely reversed course Thursday.

4) The pain is likely to be deep.

5) The gains won't come for years. tRump may announce "deals", but they will mostly be like the FoxConn deal that he even broke ground for but was a fantasy.

Business will wait for a year or two to see if the tariffs stick or if tRump backtracks to try to avoid a 2026 Blue Storm Surge. Then it will take several years for financing, design, local and state approvals, construction, testing, and coming up to speed.

Further, Lutnick says out of one side of his mouth that manufacturing jobs will be so plentiful and wonderful that families will work in them for generations (interview on Wednesday or Tuesday).

Out of the other side of his mouth he says that almost all of the jobs will be done by humanoid robots.

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