The Daily Populous Saturday May 10th, 2025 night edition
Authored by newrepublic.com and submitted by Murky-Site7468

Trump has argued that tariffs are the best solution to closing the country’s trade deficits, which he has incorrectly likened to taxpayer-backed “subsidies” for other nations. He has claimed that without tariffs, the U.S. is transferring wealth to other countries while receiving nothing in exchange. He has also pitched that hiking tariffs on other nations would bring jobs and manufacturing opportunities back to American shores, but economists don’t agree with either point.

Instead, droves of financial and economic experts have insisted that tariffs on other nations will only serve to harm America and its markets, making products more expensive stateside and making American consumers less likely to spend their money (something that Trump doesn’t seem to have any problem with, actually). The Harvard Kennedy Business School even floated in April that America’s trade deficit basically doesn’t matter, writing that “Americans earn more from, or earn just about as much from, their total investments abroad as foreigners earn in the United States.”

“So if you look historically, we have felt no additional pressure about sustainability of our position,” the school wrote in an early stage tariff explainer. “As long as we borrow the money and use it productively to increase investment in the United States, it is eminently sustainable, as with any investment.”

oldfrancis on May 9th, 2025 at 15:48 UTC »

Imagine this. You're a citizen. You served in the military. You've been here all your life. And then one day, you look and four or five guys in civilian clothes with masks on their faces are walking up to your house.

What are you going to do?

I know what I'm going to do.

They start banging on your door.

What are you going to do?

Are you going to go quietly to an El Salvador torture prison where I recently saw some clear documentation of mass graves located just outside the prison?

I know what I'm going to do.

verifiedboomer on May 9th, 2025 at 15:34 UTC »

I figured ICE landing in Worcester is going to turn ugly. Tough city in a liberal state isn't going to take this crap sitting down.

_C2J_ on May 9th, 2025 at 15:04 UTC »

Props to every civilian that acted and is on the right side of the the chaos. If we don't stand up to it, we'll be swept into it.