Why Trump Isn’t “Better For The Economy”

And I’m not just talking about tariffs

In fact, let’s not talk about tariffs, since that’s the one thing everybody seems to be fixated on. Let’s instead talk about other things, which no one’s talking about:

1. Bringing jobs back to the US, getting US companies to build factories in the US. Trump keeps saying he’s going to do this. In fact, when he was in office, he said he was going to make the massive tax breaks he gave to corporations contingent on them bringing their business operations back to the US. Except when those tax cuts came around — and they were massive — that requirement was nowhere to be seen. And he never talked about it anymore. Until now, when he’s running for office again and he talks about it incessantly. Corporations used a lot of the extra money Trump and Republicans in congress gave him to buy back their own stock, enriching their own executives who nowadays mostly get paid based on the value of their companies’ stock. As a result of not doing what he said he was going to do, Americans who voted for him based on his promises lost jobs. And those jobs didn’t come back and start expanding til President Biden got elected. And there’s no reason to believe Trump’d do any different now, or incentivize US corporations to build out in the US beyond just lip service. He just wants to give corporations and rich…