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by SomeCallMeTim
3624 days ago
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Exactly, but Trump has made no proposal that would actually accomplish that kind of "great again." He (and Thiel) are actually examples of the ultra-rich who are taking extreme profits at the expense of workers, so why would putting him in charge of the country make it any better? Also see my sibling comment here [1]. [1] https://news.ycombinator.com/item?id=12150037 |
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I personally am skeptical, but it's a pitch many people are open to. In my opinion protectionism isn't going to revive the American middle class and bring back millions of 1970s-type well-paying, unionized manufacturing jobs, because at this point it's difficult to create any kind of circumstances that will make that happen. Though I can believe a more historical version of the argument, that free-trade deals accelerated the decline of these jobs, which would've stuck around longer, rather than fleeing rapidly to Mexico and China, if we'd have had a more protectionist trade policy over the past few decades.
I can completely understand why people are willing to buy the argument though, in part because they're not being offered a particularly compelling alternative. Telling someone who used to have a good factory job and is now poor something like: "sorry buddy, these jobs are gone and not coming back, maybe go to university or sign up for welfare", isn't a big winner. But, I doubt this is what interests Thiel.