Friday, November 28, 2025
Factory jobs
Most Americans agree that the wealth/income gap is too large and something should be done to reduce the gap. Some politicians like Elizabeth Warren immediately think of a government tax and in her case a wealth tax. Trump who is a businessman not a politician sees things differently. For example, in Trumps first term, Ford decided to close a large plant in Michigan and move to Mexico. Trump said you can do that but any product you make in your Mexico plant will pay a 25% tariff if shipped to the US. Ford decided to invest $600 million in the old plant and this saved 600 jobs. In this situation Trump put the interest of workers ahead of stockholders. In his second term he has expanded the use of tariffs to protect American jobs. The typical politician would not think of this approach and this is only one of many ways in which Trump differs from the normal politician. These differences cause enormous consternation among the establishment as often times they see this as a threat to their power.
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