Saturday, April 05, 2025

Rich Cromwell: "If You're Hysterical About Trump's Tariffs, Go Touch Grass"

You've really gotta look for these pieces supporting Trump... The Federalist has been good on some things, but it's staunchly pro-Trump, and I have no reason to think they're any good on economics.
   Again, this kinda seems to make sense to me--not that that matters much. Maybe you could always plead transitoriness any time the market crashes. But in this case there really does seem to be independent, principled reason to predict a crashy event and then eventual recovery. And a much better position for the U.S. after that. Maybe, anyway.
   I'm not defending Trump on this, really. I mean, we KNOW that the left and the MSM (but I repeat myself) will lose its/their mind about everything Trump does. They even seem to have become pro-government-waste and pro-illegal-alien-Venezuelan-gangsters. So we can basically just divide through by anything they say.
   But in this case, it's not just the left that's freaking out--not by a long shot.
   Though, if I could flip a switch, I'd trade somewhat higher prices for more American manufacturing jobs.

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