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A lynchpin of Trump’s claims about tariffs is that they’re being executed to deliver manufacturing again to the US. Trump expects firms to return flooding again into America.
Nonetheless when pressed on CBS’s Face The Nation, Commerce Secretary Howard Lutnick informed a unique story.
Transcript from CBS’s Face The Nation:
SEC. LUTNICK: The nation is concentrated on- you notice, trillions of {dollars} of factories are going to be inbuilt America. That is enormous GDP. The factories being inbuilt America are enormous GDP–
MARGARET BRENNAN: That takes years–
SEC. LUTNICK: And that’s going to matter to us.
MARGARET BRENNAN: And also you stated that robots are going to fill these jobs. So these aren’t union employee jobs.
SEC. LUTNICK: No, it is actually automated jobs. It is automated factories- automated factories. However the secret is, who’s going to construct the factories? Who’s going to function the factories? Who’s going to make them work? Nice American staff. You realize, we’re going to replace–
MARGARET BRENNAN: You stated robots on different networks. You stated that to FOX.
SEC. LUTNICK: –the armies of tens of millions of people- nicely, keep in mind, the military of tens of millions and tens of millions of human beings screwing in little- little screws to make iPhones, that type of factor goes to return to America. It’ll be automated and nice People- the tradecraft of America, goes to repair them, goes to work on them. They are going to be mechanics. There’s going to be HVAC specialists. There’s going to be electricians, the tradecraft of America.
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The cat is out of the bag now. The pretenses for these tariffs being good for anybody apart from doubtlessly billionaires are being debunked by members of the Trump administration.
The tariffs are a regressive tax that concentrate on the folks within the center and backside of the American economic system.
Tariffs are an upward redistribution of wealth.
Employees didn’t assume that when Trump talked about bringing jobs again to America what he meant was that folks may get jobs in upkeep and janitorial in automated vegetation owned by huge firms and billionaires, however that appears to be what the Trump administration is promising.
It’s all a lie and a falsehood that’s crashing the economic system.
What do you consider Lutnick’s admission? Share your ideas within the feedback beneath.
