Trumpenomics
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@Mik said in Trumpenomics:
We need more steel and aluminum made here, alongside chips, etc.https://fortune.com/article/tariffs-high-prices-aluminum-economy/
Aluminum is not a luxury good. It’s a foundational metal—indispensable to energy transmission, cars, construction, packaging, and even military products. And yet, despite rising demand, U.S. production capacity has all but collapsed.
At the turn of the millennium, the United States was the global leader in aluminum production. Twenty-three smelters operated nationwide. Today, only four remain active—and they are not running at full capacity. The closure of key plants in recent years has hollowed out a once-robust industry.
I work at an organization that researches American industry, and when we examined aluminum supply chains, we found something sobering. A new report from Industrious Labs forecasts that domestic demand for primary aluminum could surge as much as 40% by 2035. That’s a staggering increase for a material so deeply embedded in nearly every aspect of modern life—and we are alarmingly unprepared to meet it.
Currently, 82% of the primary aluminum Americans now consume is imported, making the U.S. the world’s largest net importer of aluminum. Over half comes from Canada, a friendly and reliable partner—for now. But with global markets tightening, anti-American sentiment in Canada rising, and European trade regulations poised to reroute Canadian supply to Europe, the U.S. may soon find itself at the back of the line.
In other words, we are on the cusp of an aluminum crunch.
According to the Industrious Labs report, the U.S. could need up to 6.4 million metric tons of primary aluminum per year by 2035. That’s far beyond what we can produce domestically today. If the U.S. can’t get the aluminum it needs, then the consequences will be stark: Prices for cars, power lines, packaging, and even clean energy infrastructure could rise sharply as manufacturers scramble for limited supply.
From article:
Over half comes from Canada, a friendly and reliable partner—for now. But with global markets tightening, anti-American sentiment in Canada rising, and European trade regulations poised to reroute Canadian supply to Europe, the U.S. may soon find itself at the back of the line.
I wonder how that came to be?
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@jon-nyc said in Trumpenomics:
“Your family will have less, but it’ll be more expensive”.
Two thoughts:
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Why does he care that China is making money selling us stuff "we don't need"? Talk about big government, @LuFins-Dad !
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Honestly, I would LOVE IT if our kids had 2 toys instead of 30, especially if the 2 toys were better quality. Maybe I agree with Trump!
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I cannot say I am very surprised.
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@jon-nyc said in Trumpenomics:
There were actually some intelligent and reasonable rebuttals in there as well.
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@jon-nyc said in Trumpenomics:
I’m old enough to remember when degrowth was a fringe movement on the left. But at least we’re at three or four dolls, up from 2.
This is a bit much coming from a guy who's lived his entire life as avariciously as he has.
How many gold fucking toilets does one man need?
None, of course.
I was only joking
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I honestly don't understand how so many people seem to get taken in by his unbelievable bullshit.
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I was walking my dog yesterday through the park and I saw a young girl with an armload of pencils, frolicking and whatnot. I was disgusted. I walked up to the mother and gave her a very stern talking to about the manner in which she is raising her daughter.
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In fairness I agree 250 pencils is excessive. The silver lining of his tariff policies is that we should be able to put the scourge of little girls hoarding pencils behind us once and for all.
@jon-nyc said in Trumpenomics:
In fairness I agree 250 pencils is excessive. The silver lining of his tariff policies is that we should be able to put the scourge of little girls hoarding pencils behind us once and for all.
I foresee a huge black market opening up in middle schools across the land, and unwitting mules crossing the Mexican border unexpectedly dying of lead poisoning when their internalized pencil cases spring a leak.
This. THIS is Donald Trump's America.
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I was walking my dog yesterday through the park and I saw a young girl with an armload of pencils, frolicking and whatnot. I was disgusted. I walked up to the mother and gave her a very stern talking to about the manner in which she is raising her daughter.
@Horace said in Trumpenomics:
I was walking my dog yesterday through the park and I saw a young girl with an armload of pencils, frolicking and whatnot. I was disgusted. I walked up to the mother and gave her a very stern talking to about the manner in which she is raising her daughter.
The world needs more consumption activists like you. Austerity now, austerity forever!
