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Beau of The Fifth Column

Let's talk about how Trump might lead to less US manufacturing....

Beau of The Fifth Column

Beau of The Fifth Column

Society & Culture

4.8965 Ratings

🗓️ 22 April 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about how Trump might lead to less US manufacturing....

Transcript

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0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.0

So today, we're going to talk about how Trump might lead to less U.S. manufacturing.

0:11.0

Okay, so we've had yet another disastrous day on Wall Street.

0:16.0

But, as we always remind people, Wall Street isn't Main Street. Trump's promise to America was more

0:23.1

manufacturing jobs. He said he'd bring them back by applying tariffs to countries and making it

0:29.5

comparatively cheaper to produce here. The problem with this is that pretty much every economist

0:35.7

said it wouldn't work. However, because of nostalgia

0:39.5

created by TV shows on Nick at Night, a bunch of Americans believe that manufacturing jobs

0:46.0

will somehow fix the economic situation of the middle class. Economists pulled their hair out,

0:52.8

trying to explain how damaging widespread terrorists would be to the U.S. economy.

0:58.0

As the American public starts to realize that, surprise, the experts were right about their area of expertise,

1:06.0

those same experts are looking even further down the road and realizing it might be even worse

1:12.8

than previously thought.

1:15.1

As stock prices continually erode, we're seeing more and more evidence that not only were

1:21.6

the basic economics of tariffs bringing back U.S. manufacturing wrong.

1:27.1

Attempting to force that might have drastically altered future U.S. investment.

1:32.5

And it may actually end up sending more U.S. manufacturing jobs overseas.

1:38.3

The stock market collapsing the way it is is starting to demonstrate a trend of the U.S. being viewed less and less as the

1:46.6

place where people want to invest. Here's where Wall Street and Main Street connect. If people

1:53.3

aren't investing in U.S. companies, U.S. companies don't have money to invest. Without capital to invest, that not only means no new

2:03.6

factories. It also means no company expansions. It means no carrying dead weight. It means store

2:11.9

closures. It means layoffs. It means Main Street gets hurt. What's more important to notice is that this doesn't

...

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