Prices are already going up right now in anticipation of the tariffs. Even if Trump cancelled them, prices would stay high. Anything and everything is being used as an excuse, and necessary regulation of prices is completely anathema to everything the GOP stands for
Then promote nuclear and with our oil potential we'll be set no sweeping tariffs required and if you mean make all of out weapons here then that's just ignorant ours are the best because we use parts from everywhere to make them the best.
I think citizens themselves will have to do their part for the USA to be 100% self-sufficient and resilient, its not just the government that has to magically make your life perfect. We are lazy as hell nowadays and our grand grand grand parents would smack the sh*t out of us if they saw what we became. First If everybody had an organic garden in their backyard like our grand parents had, it would help on so many levels, not only food security but also improve health of USA citizens which then would have an impact on so many things by itelf. A physically and mentally healthy population can survive a lot of crisis but in the current state of american health, it's not looking good.
We are defense self sufficient in the US just parts get made everywhere because yes the US has a lot but it does not have certain resources like currently, advanced semiconductor manufacturing factories those are in Taiwan.
Yep they just parrot headlines that are almost invariably out of context and full of opinion
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They're all disinformed sadly. Trumps policy and promises are playbook from a corrupt politician at best and a narcissistic sociopath at worst. Just look at the Duterte policy way back in 2016 when he ran for the presidency in the Phillipines. False promises and the betterment of the country, all gut issues that sell best.
In a perfect world you wouldn't need tariffs but the fact that you have countries like China whose government literally subsidizes what they produce so they can run everybody else out of business tariffs makes sense. Not to mention the US only has a free trade agreement with a few countries which means anybody else can and does impose tariffs against the US. So returning the favor only seems fair.
@@dobber43 the thing is, in some industries tariffs work and some they dont. In fields in which you have a majority control of the end product, you can have tariffs because you are the only supplier. You cant put mass tariffs on common goods, thats where things really go poorly. But for people to act like tariffs are new or not a powerful trade tool (if used correctly) are silly.
@@kyledabearsfan the only place I see you went wrong is the "powerful tool" part. They are quite limited based on your previous statements as the situations where they can be used is quite small. And that is assuming a closed system where there other country doesn't sell you much so can't use counter tariffs starting a trade war
@@kyledabearsfan I've not seen a single person claim that tariffs are new or that they cant be used as a tool. I see people say that putting blanket tariffs on every country around the world for every product is stupid, and that voting for the guy doing it while saying your main concern is the cost of good is . . . questionable
Also, you missing the whole point of the tariffs. They are, in most cases, not for punishment. They are to increase the countries National purchases. High tariffs does push the cost onto the buyer, but the point is to entice the buyer to purchase goods made in their own country, because they are cheaper than the tariffed goods. The money from the sale then stays within the countries boarders, increasing the wealth of the people, because the money is not going over seas. The big businesses are not helped, because they have moved their manufacturing out of the US, to countries where they have engaged in practices that would not be tolerated in the US. Businesses will now have to move back to the US and provide proper jobs in proper environments.
Only problem is that most people seem to have trouble to earn enough money just to afford basic necessities, as long as consumers don´t have more capital (not debt!!!) in the form of salaries it doesn´t matter how many jobs come back they won´t increase sales enough to actually give companies a reason to move back to the US.
I didnt check tea, cuz I don't drink it, but I just asked Chat GPT and they do in fact grow and produce coffee in the US, in a few places. Im not surebon the costs, they are probably more expensive. But that is where Supply and Demand comes into play. More demand would mean a ramping up of business operations, which would require more employees, more business equipment, bigger factories. All of which boosts more employment to make the additional equipment and to build the new factories. Ramping up operations would make production costs be reduced because more can be produced and the prices can be reduced because of higher demand and a higher sell through rate.@@katshadwick7061
Lol, hearing that little laugh of disbelief when Simon said "former reality TV star" might be the first time I have ever felt ashamed to be an American. In all seriousness, I think "pure isolationism" isn't possible, and even if it was it would do way more damage to us than good. I agree with your analysis, Simon, and as always, I appreciate your nuance perspective, and I especially respect your editorializing. Thank you!
We act like other world leaders have had similar job... Ukraine's current President was a Comedian. Yet he has managed in a war that he should have lost by now. Just because youre not a career politician doesnt mean you cannot be good for a country.... More importantly Trump is a businessman, it makes zero sense to go full isolationist. Its about not being the primary enforcer. America has been yelled at for decades about being an agressor in the Middle East, Latin America, and Asia. We have had issues with the Caribbean in the past. So the idea that a president is pulling back normally would be applauded as America doing the correct thing allowing other nations to enforce their own policy. Yet since its Trump pople take it to the extreme and make it sound like he is trying to take us back to preWW2 were our military was behind the rest of the world and we hardly interacted politically with anyone. Business as Trump knows it is global, the difference is he doesnt see it as is NATO wins the US wins, he views it as If the US wins then NATO wins.
May i point out that for now you are the lead position in this game of nations? Yet you ask the question how do you win. You will need to define what is Winning for you.
There's a third layer to that: a number of the same countries what decry us being "the world police" and regularly look down their noses at America are also the very ones who expect us to be there for them and take the lead when something in the real world actually needs to get done.
@@liamwinter4512 This principle is fine but it’s trying to achieve this with broad sweeping and not well thought out policies that are the problem. Suddenly taxing all foreign products, including those we’re not prepared to tolerate make ourselves or which we literally can’t (like coffee) will drastically hurt consumers all over. No country can be 100% self-sufficient either and really there’s no incentive for any corporations to stick to manufacturing in one country if labor is cheaper elsewhere.
Sorry that i voted for someone who wants to get us out of wars and bring back more factory jobs. Instead of someone apart of an admin that's tempting ww3 as we speak
Of all the nations that could attempt an autarkic policy, the U.S. is in the BEST position out of any one nation given the sheer diversity and quantity of its natural resources. This doesn't mean that autarky is desirable or beneficial, especially given what few resources America doesn't have, such as numerous rare earth minerals, are vital to maintain a modern standard of living. But out of all the possible nations to attempt it, America is in the best position relative to anyone else.
We're a colonial power reliant on foreign cheap labor and the resources acquired by cheap labor. We need to insource defense critical manufacturing like computer parts, vehicles, and weapons.
Our economy did the best and alot of that economic hit was due to how much spending in our economy are on nice to haves instead of essentials. And moving all of that stateside is probably impossible we just actually don't have the labor force.
@dobber43 I work in construction and it was impossible to get windows and doors for new homes that weren't delayed by 3+ months and all building material costs went up significantly. Everyone in construction of residential homes makes money when houses are built and sold, if builders can't buy material or houses get too expensive to buy from those costs carrying over, both the workers who make them and the customers who buy them are in a bad way. The idea that a global super power should be dependent on its rivals for its sustenance is like being dependent on a school bully for your lunch. The global order is shifting and trump and America first clearly see that in the future, having necessary resources and supply chains come domestically is the only way to ensure American stability
@@dobber43 We did better than everyone else. Sure because we have the most control over the global supply chain and we have the dominate global currency. Did we do as well as we COULD have done if we had a more reliable and more self-sufficient supply chain? Nope. Should we fear China? Nope, they're population demographics are a nightmare and their economy is spiraling. Should we fear that China will befriend other countries near the USA? Nope, China's only interest in helping them is self interest in hurting the USA. That does not create long term relationships. Look how all China's neighbors view China.
Only if it's done in an intelligent manner. If you just slap tariffs on everything and call it a day, then the post covid inflation will look like child's play, in comparison to the inflation you will bring upon your country
But instead of trying to increase self-sufficiency all he's going to do is increase supply shortages and hopes the rest of the country will figure things out themselves.
@@Bertinator-nm9ld I was thinking more in the vein of policies with the aim of bringing manufacturing back home. Maybe tariffs would be part of it, but it could be some other ways to incentivize companies to build domestic factories.
If it taught you anything, it would be on reliance nations have with each other. All nations require reliance on global collective efforts. Self reliance is prettier word for isolationism, which brought upon the worst of great depression in less than a decade. See the Smoot-Hawley Tariff Act of 1930 and the consequences.
Gonna keep it 100 with you, as an American I’m totally ok with America first lol. I should hope my leaders take my interests in mind first before some other countries.
@@jedediahhopkins6051I'm always baffled at how ignorant Americans are to global affairs. EVERYONE got hit by inflation since 2020. The USA has been the envy of most countries in how well they've managed to curb inflation in comparison to most countries. If you think the post covid inflation was bad, just wait until Trumps tariffs come into play. Like how do you think it won't raise prices massively?
@@jedediahhopkins6051no he just understands the difference of something the whole world experienced regardless of party in charge and policy from the candidate you voted that directly causes increased prices and less global dominance.
We still will, for our allies at least, but not those that are going to do it without pulling their weight. Germany having one of the largest economies on the globe but not meeting their 2% defense spending for YEARS taking advantage of American taxpayers, just one example. I prefer allies that keep their promises. Like our good friends in Poland who understand the US is still on the other side of the globe, and that a war would take place in Europe most likely. Man, God Bless Poland, one of the few countries with their eyes open it seems.
Hey China. Eu here. how about a new fancy road, we know neither of us likes this tariffs thing. K thanks byeee~. I might not be an expert, but honestly this seems to be reasonable enough. If EU's market goes down they will naturally gravitate to Tradepartners wich can atleast soften the fall. and if this actually plays out america is pretty much screwed. There are ressources they simply cant get without actually going to war for it. and if pretty much everyone around them Gets more intertwined with each other through trade they very well might just tax the hell out of the usa. China is certainly not to worried about a trade war. and eu has some export powerhouses. And these exporters need to cozy up to one of the 2. smol edit: ofcourse this assumes that the usa goes all in on isolation. Theres still the option where those tariffs might not even hit eu on any noticeable scale at all. I'd atleast assume that na atleast sees eu's value as beeing not china and thus keep their trade realations with eu on a reasonable level.
As a natraul born American, I would very like to see America go self sufficient. Now given, I would still like to see international trade, just not out of necessity. Same thing for every other country. Every country self sufficient, but still trading with one another. Not out of necessity, but rather because each country can (just wanting everyone to be self-sufficient is my position, but at the same time I want everyone to have friendly relations so we can have trade.).
Being self sufficient and having free trade are incompatible ideas if I'm making all of my own stuff then what am I trading with you for and if we have free trade why would I go out of my way to do something very inefficiently that you do well when I can make more money playing into my strong suits and just buy your specialty vice versa.
With the world being what it is, that dream of peacefull trade wont happen within the next 20 years. There will be carnage, lots of it and any nation that goes isolationist in those times, well, will get left by the road side as bleaching corps.
There's also a weird sense of entitlement, people often act like it's a given that the US will defend them, go to the UN Security Council on their behalf, protect them against international bullies, etc. all for free and all indefinitely. The US didnt join WW2 with the plan of defending western Europe for the next 70+ years, or that the Japanese occupation would last into the 21st century, or that we'd be feuding with Russia for multiple generations all while Europe was busy sniffing their own farts. They also assume that since the US supports the idea of free trade they should try to make trade as easy as possible while their country operates protectionist policies. The EU regularly institutes regulations meant to make it harder for companies outside of Europe to compete while China operates a one way street of sorts exporting manufactured goods, importing from areas they run like colonies so the money doesnt leave china, and all while exporting tons of goods. The world just assumes that the US _has_ to be held to a higher standard then their own countries.
Nothing trump does is looking out for America or the citizens. All he cares about is himself. He stole from a cancer charity and was caught for it years ago and is one of the reasons he can't be involved with them anymore.
His research team did nothing to talk about WHY the tariffs are being proposed. They are going to replace our income taxes. The rest of the world needs to shut the f up and let us fix our broken system
I mean, I was going to say that isn't self sufficiency what North Korea have tried and look how well that worked out for them? Then again, if there's any nation that could pull off true self sufficiency, it's America.
lol no, not even remotely possible. There isn't anywhere nearly enough people to do all the dirty jobs that Americans won't do. On top of that, Trump doesn't want autonomy. He wants whatever will benefit him personally.
No, they couldn’t. At least not without lowering living standards by a few decades. The US depends on imported goods and more importantly imported money. Cut trading ties and the stream of investment will shut down as well.
America first is literally what every politician should be doing. Your country that you represent should be the highest priority. This is pretty basic.
The problem with America being a global leader, is that it’s always going to be unpopular with the voting base. Countries that aren’t democracies like Russia and China do not worry about that, so they’ve been itching for America to vote for an isolationist so they’ve can fill the vacuum.
Making the world a more stable place is one of the easiest ways to enrich and secure America... Unfortunately voters do not want to think any deeper than 'why is all the money not going to solving my immediate problems'
Boy reference to his reality tv career and not his most recent stint as 45th president simon is copkng with his country having to step up and defend it self 😂
America first doesn’t mean America only. Every county should look after its needs and the needs of her people first, the world would run much better that way.
Trump's extremely blunt flat tariff plan will not pan out as advertised. He will quickly start making exemptions for some countries in exchange for favours,
What country isn’t putting itself and its citizens first? Do people actually want to live in a country that advocates for the citizens of other countries about their own interests? Why does everyone only freak out at America doing it?
@@misledpropsthat you didn’t include in your comment the name of a country that publicly advocates a policy in which they push other nation’s interest to the detriment of theirs speaks louder than your childish insult.
This whole video sits on the premise that the US wouldn't start producing currently outsourced goods domestically before beginning tariffs. There are hundreds of economic levers, and timing is everything.
There is very little infrastructure, which takes decades to build up, to produce those things. And even if there were it would still be cheaper to use global supply chains than sourcing them within America
And how exactly are we going to magically find the infrastructure to produce such goods? Do you think there's just random machinery and property lying around waiting to be used?
As an American, we need to spend 4 years on ourselves so we can fix our roads, city’s and job market before we focus on any other country Also, self-sufficiency shouldn’t be controversial
You can’t just ignore the world and its problems when we take so much from it and influence it so greatly to ensure our nation runs and is prosperous. You want your cake, and to eat it too.
That's what the Biden administration has been doing, despite the fact that they receive no media coverage or credit for the progress they've made in infrastructure.
I don't understand this debate. If a country has larger issues that require funding to fix, why wouldn't it pull funding globally and attempt to fix them?
Think you missed the point about how this would affect our alliances with other nations that heavily rely on trading with the US. These countries are going to want to trade, which is a perfect way for other hostile nations to gain advantages.
Pull funding globally also means losing control of access to resources and trade globally. The dollar will lose its power to manipulate the global market based on US interests, no more forcing countries around the world to do favors or fall in to line to suit American interests. Pull back means someone else will fill the void, basically China will expand to take over what they can, which will help alleviate their overproduction problem. US global order collapsing also means there will be more nukes as countries feel insecure, nuclear proliferation will happen. All this for what? “A more secure border”, they could do that’s without doing the rest but they’re deliberately bundled up together.
It's not that America should try to go it alone, it's that it HAS too. The world is deglobalizing, and for good measure. Supply chains are vulnerable to global pandemics, we learned 4 years ago. America couldn't produce pieces of cloth. That's insane.
You're ignoring the fact that the USA makes a ton of money on exports and relies heavily on imported goods because it's cheaper. If you want the USA to become 100% self reliant, then prepare for all products to skyrocket in price
@@kennydlite Exports are a vital part of the U.S. economy, but relying heavly on imports for essentials is a strategic liability (something that becomes glaringly obvious when global supply chains falter), as we saw during the pandemic. The idea that the U.S. can simply lean on cheaper imported goods ignores broader the reality of a world shifting toward deglobalization. Global trade has flourished under system a that relies on stability (a stability largely maintained by U.S. dominance set up during the bretton-woods alliance post WWII), but that system is unravelng. Supply chains are increasingly vulnerable to geopolitical tensions, pandemics, and competion for resources, And to top it off, the U.S. simply doesn't have enough destroyers or naval assets in its fleet to adequately defend those vital shipping lanes. Its ability to project strength globally is weakening, as evidenced by challenges like piracy along the coast of Somalia and increasing tensions in strategic chokepoints like the Strait of Hormuz and the Bab al-Mandab. Without sufficient naval presence to secure these critical trade routes, the U.S.'s influence over global commerce diminishes, leaving supply chains even more vulnerable, which anyone without a strong enough navy that relies on Imports is going to suffer under. If you're clinging to the idea that low prices for imported goods outweigh the risks of dependency, you're ignoring the lessons of the last 4 years. Yes, prices might rise for some goods if U.S. focuses more on self-reliance greater (an increase that represent an investment in national security and resilience), but that increase represent an investment in national security and resilience. When America couldn’t even producesomething as basic as a piece of cloth during pandemic a what does that say about readiness our to handle larger crises? America has the natural resources, workforce, and infrastucture to produce most of what it needs domestically. With abundant energy resources, fertile farmland, and one of the best systems of internal waterways in world the (all of which support a more robust domestic economy), America uniquely equipped is to thrive in a more self-sufficient model. Moreover, relying imports on for essentials like energy, pharmaceuticals, or raw materials puts the US the at the mercy of foreign suppliers (many of whom are adversarial nations). A system based on cheap imports works in world a of peace and stability, but in increasingly fragmented and competitive global landscape (a reality we are already facing), it’s ticking a time bomb. Deglobalization isn’t just an economic shift-it’s return a to fractured more and competitive world where countries prioritize interests their own over global cooperation. Following a strategy of greater self-reliance doesn’t mean abandoning exports or ignoring comparative advantage. The U.S. can still trade strategicly with trusted allies like Canada, Australia, and Mexico (especially for resources like phosphate, lithium, or rare earth elemnts) to fill in the gaps. However, it’s critical to shift away from being overly dependent hostile on nations for critical goods. If the system your defending left America unable to produce basic necessities when it mattered most (an issue no one should ignore), maybe it time is to reevaluate who’s really ignoring the bigger picture.
@kennydlite You're also ignoring the fact that because it's cheaper to make good in other countries, you the GDP skyrocket yet wages remain stagnant and business continue to leave the US with no incentive for them to come back. Prices are already getting high and continuing as is doesn't look like prices will be falling anytime soon.
@@kennydlite That skyrocket in price will also be matched by a skyrocket in jobs, and if we truly lock it all internal then those jobs will be in demand of workers and match a pay to incite said workers thus creating a skyrocket in wages. America has a problem right now because of the global economy the people living here are dealing with increasing prices while being out competed by outside countries able to work at a lower wage leaving us with stagnant wages unless acted upon by a 3rd party (government minimum wage) but increasing prices. Once you lock the system down to purely internal it starts to flow correctly again. There will be growing pains but in the long run it will be healthier for out country as we enter the next century and further advancements.
I mean, given the absolute unqualified, at best, folks he is appointing to his cabinet, what a ridiculous question posed here. It's going to be disastrous for the American people, but great for corporations and billionaires
The way I've heard it before is that the US has a massive trade deficit with all of its biggest allies and trading partners. Pretty much all of them export goods to the US but hardly import good from the US. I think the threat of tariffs is being employed to make these countries buy more american goods and even out the deficit.
@drbuckley1 NOBODY has pulled it off, not without damaging their economy and power. The closest we ever got Japan in the Edo Period, and the Qing Dynasty, and not only they maintained some outside trade, they still got stomped the moment some non-isolationist outsider that used to be much weaker showed up ready for a fight.
America isn’t ending all foreign trade, they’re just sanctioning themselves and their allies for some reason. And they’ve decided now, while on the verge of a world war, is the best time to start a trade war with their allies 🤦♂️. You’d think it was a joke
Companies are salivating at being able to continue to raise prices even more. Before the excuse was inflation and supply chain issues. Now the excuse will be tariffs. This will not end well for the consumer.
I think the plan is to negotiate deals with other countries that have previously been tilted too favorably to others - basically level the field. Also, to discourage American companies from moving to other counties as well as have some come back.
Dear ..Simon and other members of your team Don’t freak out and remember if y’all had listened to him and strengthened your own economy and defense instead of trying to do as much as possible to dream up complete fallacy about Trump you guys would be in so much better shape than ever
@@Bertinator-nm9ldProblem is that Trump doesn’t put American first, but Trump and his cronies first. It’s rather sad and funny that people are struggling to see the obvious.
@@angrydoggy9170 Well yeah, there's that too, lol I hate it, but I'm also really impressed at the scale and effectiveness of MAGA's media propaganda machine. It's been devastatingly effective at shaping popular narratives across the board.
@@flyingsnake3737 These are the same people that advised Biden on his disastrous economic policy. I trust them as much as the “intelligence community” that stated the Hunter Biden laptop was “classic russian disinformation.”
Cant blame Simon. The education level that most americans have is a joke. Some fat orange dude promises good economy, deportation of mexicans, good life to average citizens and idiots eat all of it. Reminds me from history where an angry guy with a moustache promised good economy, deporation of jews and good life to average german citizens. Gee i wonder who it was and what happened
“Self sufficiency” is only good if you want to spend the entire US labor force on low-skill, low pay jobs that developing economies are better suited to specialize in. It’s asinine to pretend like we have enough people to completely close ourselves off and not have to spend way more of our workers on grueling, unskilled manual labor jobs instead of innovation and services. We will all be poorer.
You are talking like Amiricans never profited from those spendings. The thing is, you are looking into wrong direction. Government isn't loosing money on being ingaged in the world. They are loosing money when that ingagement gets corrupted by the officials. You think who benefited from the war in afganistan? Why did it ever happened? Why anyone decided to bully other country like that? It's because politicians wanted to justify their stealing from your taxes. There is a huge difference between smart ingagement (like in Ukraine where US made lots of money from that), and bad ingagement (like Vietnam or Afganistan). And i think you do not understand what Autharcy means. America doesn't have enougth people to sustain it's standard of living when being so isolated from the world. It will be painful. The rich will get rich, but everyone else will get poor as fuck
13:06 where have i heard that line of thinking before..... oh ye! it was Britain promising that everything will be better (after some hardship) when it leaves the EU
I’d be lying if I said I had any real idea of how global politics and America’s role in the world, nor do I have a real grasp on it now. That being said, the last two videos I’ve seen from Simon explaining some of this stuff has been eye opening. I’m not for or against Trump, but I agree with him more and more as I learn more about this stuff.
@@itsjustme1616 This channel is completely biased and talking out of its ass. China's demographics are terminal, and the world is moving it's manufacturing out of China to nations more friendly with the West. NATO as a whole met its defense spending commitments for the first time since the end of the Cold War. He doesn't know shit about fuck.
Factory work depends a lot on which industry. Some rely on the educational system to produce workers. Others actually don't need that many workers any more. Agriculture is heavily seasonal. The harvest is only so many months. Same in other seasonal work like tourism. If your techbros get what they want, you can let them reinvent the day labourers.
@@seanbinkley7363communism started in russia at a point of mass famine and centuries of poverty tool place, the nazis rose in power beacuse of the strain put on Germany in reparations that broke the people. Historical context is important. That's not what is happening
I'm curious what you think is so bad about 'This Point' when Americans enjoy the greatest living conditions in history, the greatest GDP in history, the longest period without proper recession and countless other positive metrics?
Of Trump‘s very many problems of which understanding complex system is but one, I will mention this one in particular. While there may be a trade imbalance in the European Union’s favour, American companies make a lot of money in Europe. A lot of money. All of those companies risk being damaged and their bottom line taking a hit - for some a very big hit - if Trump picks a trade war with the European Union. It’s kind of like the nuclear option. It’s horrible and no one wins.
The EU has a sort of secondary reserve currency, the euro. Its not as widely used as the USD at the moment, and with some exceptions is only used daily in the EU itself. It sees some use in international trade. The EU is a free trade block. Part of the benefit of membership is the single market, and almost completely unfettered trade and movement will always be better than the smallest hindrance. The agricultural subsidies are an eternal debate in the EU.
I tended to vote Republican, because Democrat economic policy is absolutely horrendous. This is the first year I made the swap, because Trump's economic plan is potentially the worst plan I have ever seen proposed on either side. Not only is it anti-free trade. But it's simultaneously proposing a massive increase in demand for low-skilled labor, while targeting the removal of low-skilled laborers from our economy. It's burning the wick at both ends and a recipe for hyper inflation, since the price of all our basic goods are tied to that sector of the economy.
Is there some sort of mass unemployment in the USA you deal with? I thought the Biden years had largely avoided that, at the cost of inflation. At least until the rest of the world buys US debt and inflation. Agricultural labour is heavily seasonal. People need to feed themselves all year around, but the harvest is only so many months.
@@SusCalvin No. Unemployment is fairly low right now, sitting at roughly 4.1%. Trump is looking to make legal immigration stricter, and looking to do mass deportations. The issue with his plan isn't that "manufacturing basic-level products" is a bad policy. Or that "Being stricter on immigration" is a bad policy. It's that running both simultaneously, is a recipe for disaster. As an analogy. I wouldn't criticize someone for wanting to (in a vacuum) increase their personal spending. And I wouldn't criticize someone for taking a lower income job if they wanted to. But doing both at the same time, would cause major issues for someone.
Here's the problem with the self-sufficiency argument. The reason we cannot win a "trade war" with China, and are essentially locked into dependency on their goods, is that they can pay people in China to manufacture things at a tiny fraction of what they'd have to pay here in the US. So for us to be self-sufficient, we would either have to be able to manufacture goods at those wages (which means a reduction of how much someone get paid by about 90% on average), or the price of the goods would have to rise to points of unsustainability. Companies are not going to sell things below cost. Ever. People will not work for something that pays 1/10th of the cheapest rent you can find in the country. It just doesn't math out. Nobody in Trump's campaign seems to be able to explain in clear terms how these tariffs are going to help. They aren't going to "punish" China, because China will just pass the costs on to us. They won't bring back manufacturing here because wages can never go as low as they are in China. The only thing the tariffs are going to do is hurt American consumers. I don't understand why nobody here in the US seems to grasp this concept - but then again most people here don't even have a basic understanding of economics, so maybe not that surprising.
Part of it is the economic reforms from the 70's and onwards. China moved closer to state capitalism seen in South Korea, Singapore, Japan, Vietnam etc. They are still halfway a command economy. There is a growing split between Chinese urban wealth and a hinterland lagging behind. But Chinese private wealth has risen dramatically in general, compared to the 60's poverty. Some of the industrial policies seems to produce real industrial efficiency. Others not. Its hard to discuss a closed systems. Battery factories seem to actually churn them out with less staff at higher rates.
America is back 🇺🇸 I’m not sure how much I can trust Simon’s opinions on American domestic issues. He sounds like a repetition of CNN, MSNBC, CBS, ABC etc…
Its like tossing Ronald Reagan and Adam Smith in a bin. Its just very unexpected. I think your techbros are pretty keen on creating a homegrown underclass.
@ I disagree. The case this video makes is overstated and hyperbolic. Markets know best, and I don’t think a Trump term too will deviate much from that principle. If the US can flex its economic muscle at the expense of China or the trash heap that is the EU through tariffs and reenergized domestic production, then I’m with it.
all countries were, the world was less connect. but you forget that your country is an empire. Cutting ties with your vassals will reduce your influence.
Self-sufficiency is always good but it’s a long process. I will confess I know very little about that sort of thing but I can only assume that trying to leave something so sudden to try out something “brand new” would result in a a decent amount of failure before getting it right. My two cents
Mercantilism in Europe, back in It's original days, meant that everything no matter how inefficiently should be made in-country. Opening a market by force is sometimes part of it. Or forcing a client to be an exclusive market/seller. Your island MUST produce coffe and NOT sell to the Dutch.
Sooner or later you have to take the training wheels off of the bike or the kid will never learn to properly ride a bike. We have been the defensive training wheels for the world since WW2 at a huge cost to our own citizens and infrastructure of this great country. We always expected our European, Asian, South American etc. Allies to grow and properly train their own defense so one-day they could take control of that for themselves, instead they took that money and spent it on many other things rarher than their own defense because they just thought America would just always cover the cost and supply the military presence. Now all the sudden when we want to take care of our own citizens more than the citizens of other countries we are the bad guys, we gave yall 79 years with the training wheels on you should have learned to ride the bike in that time frame!
You making it sounds like it was a freebie what do you think was exchanged for that? The Dollar supremacy of course that pushed America further ahead. I am not saying that it is wrong to serve your own interests but it is naive to think you got nothing from it.
So...yeah, that's not how it works. How any of that works. The US does not send money to other countries to pay for their defence (except Ukraine, for obvious reasons). Each country has their own independent military, paid for by their government. The presence of American forces in Europe is not protective, but opportunist, giving the US useful access. Even today, Europe has little to fear. Their only potential military threat has been weakened so dramatically that if Putin followed through on his threats, the war would be very short and one-sided. This was true before 2022, and is especially true now. Britain and France also maintain their own nuclear deterrents, if you're wondering. This is why NATO seemed pointless in recent years. It was a powerful symbol, but with the Soviets gone, the alliance had no major threats, no real reason to exist. Russia's growing ambition and wars changed that, but even so, the idea of Russia taking on all of Europe was bonkers. Indeed, the one and only time that Article 5 has been enacted, it was the US calling for help after 9/11. I'm afraid that you've been lied to.
60% increases on tariffs from China, would that include American companies that produce in China and sell in the American market, because then the next IPhone would be $4,000.
@@StansyyyYeah, that's obviously what will happen. That's the entire idea behind the tariffs! Thank you for actually reading about them instead of seeing a headline and chimping out like many are doing.
The US became a juggernaut based on tariffs. Directly taxing the people created inflation. From 1820 to 1920 inflation was basically nonexistent. Once the federal income tax was enforced, people needed to be paid more to cover the taxes, government grew, needing more taxes, and so on. If there was one lesson the world should have learned from covid, its that the important stuff needs to be made at home. You can not rely on other nations not to take advantage of a dire situation.
Important things like what ? The US doesn’t have all the resources to make even the most “important” stuff in its soil. How are you dealing with that ? Even if you make it here, you will need to trade and import the materials here.
Didn’t he say it’ll only be an equal tariff? So if China puts a 10% tariff on all our goods we will do the same in return. In funny how most of our economist believe in free trade, but a lot of the other countries around the world don’t. Free trade would be great if every country in the world did the exact same thing.
Does anyone else notice that Simon & Co. really like to harp on Trump for being a former TV star like it makes him less of a President, but Zelensky is somehow a Ukrainian Churchill?
maybe if Trumpet was less on tv, and put more effort in making an actual plan instead of a vague concept of a kind of plan like he did last time he puppeted 4 years..
We love our allies, but its been a long time where we put the world affairs over our own. We need to focus on America, and then our allies and the rest of the world in that order. Fix our education systems, over regulation, etc. Its not you world, its us. (psstt its both of us, this relationship is messy). If anyone questions this for a moment, please look up the amount of money each country gives out in aid every year. Youll quickly see the US gives out more of our peoples money to the rest of the world THAN THE REST OF THE WORLD COMBINED! But yet we cant afford homes, food, education, or even to raise families? There has to be a way we can do both, and if not? Then America should be the priority FIRST. I dont understand why wanting your politicians to take care of your home first is controversial, you all should want your government to care of you first with your tax dollars before they use it around the world or on illegal aliens. That seems rational.
While we should be more focused on domestic issues, the less we focus on foreign affairs, the more China and Russia will look to fill that vacuum. I guess it’s impossible for a democracy to be a global leader because voters will inevitably vote in an isolationist.
@carflexee yeah, we need our allies to step up and play a bigger role in the world. Instead of expecting us to fund everything when our working class is just crushed under the weight of it.
@ you’d be surprised how many countries would rather fall in line with Russia than “step up”. And Trump doesn’t know how to do that anyway. I promise you, for every ounce of power America gives up, the authoritarian countries will take a pound. This is why both parties since WW2 have always been so hawkish on the world stage. Like it or not, it’s how America became the leader of the free world.
@@carflexeeIf you think the Nationalist Populist wing of the Right led by Trump was going to listen to The Heritage Project, you don't understand the Right. It's like freaking out that Bernie was going to follow the Brookings Institute.
hahaha, nice! So how many of Project 2025's chapters were authored by Matt Walsh and how many of them were written by veteran officials from Trump's first term?
@@carflexee Its far more delusional and out of touch with reality to think this is a real thing when 99% of us Republicans don't agree with it at all. Where as these days if you are not far left you are q right wing nazi. Is a great way to alienate half the population and lose elections. The left has no choice but to become more central in its policy's and until that happens they won't be getting back in office for the next 2 or 3 terms. It will be at least 8 more Republican year's or even upto the next 16years before the Democrats win again unless they become more central.
I'm, starting to think that being controversial it a click bait thing. Moving toward self-sufficiency is the goal, not cutting trade completely. Deporting gang members, human traffickers, rapists, and other violent criminals isn't going to reduce the number of unskilled workers in the US.
Simon and his writers are suffering from TDS. This is the result, videos of pearl clutching instead of talking about the literally dozens of conflicts around the world.
The explicit goal of the incoming (duck!) Trump administration is to deport about 11 million people. Trump has been perfectly clear about this and his allies at the state level are making plans to make it happen. The vast majority of those folks are good, hardworking people doing rough jobs for low wages. I agree that we need to control the border and manage immigration but, economically, this will be a disaster.
The mobilization plans from the Cold War included self-sufficiency. But they believed it would be forced, by Soviet naval mines and a breakdown in shipping. Bits of the peacetime economy would have to be sacrificed to keep things deemed essential going, with a much heavier government hand in rationing, price control and simply pressing people to work.
Not unless we give up most of our technology like computers, cell phones, etc. They all rely on rate earth materials and semiconductors that the US had very little of. I voted against this insanity, btw.
I think the notion of American self sufficiency is excellent. However, I think that in order to make it work smoothly it would require a lot more government involvement to make it happen faster and smoother than most isolationist are open to.
@@MeanBeanComedy my solution would be simply mandating a transition to domestic labor and resources over time. Trying to do it with tariffs may or may not work and will cause pain short term. Instead of hoping that the penny pinchers will cooperate, force them to.
@@tylershannon6593 that is an incredibly oversimplified view of how we got here. For something’s like energy, certain policies from a certain neoliberal globalist perspective contributed but outsourcing was a dance of government and corporations. No one is innocent there. It’s about the ideaology behind the policy, not government vs business.
They built the ship, made us all board - some of us without our consent, set sail... And now that they fear they've lost the helm, they want to bail out and are preparing to jump overboard 😂 😂 I'm sure there are no sharks in the water lmao and spoilers: the ship will be fine.
At the end of the day every country should look after there own citizens and be self sufficient after that they can help others not ruling on a world police man or world bank.
Which country would you rather live in? Since it's so bad in the US right now. World police helps us have economic leverage and maintain the cause of the US$
What is meant by self-sufficiency? If the US stopped importing anything, then the US car manufacturing would end completely. Cars are made of steel and aluminum. Aluminum is made from Bauxite. There are no minable Bauxite sources in the US.
Autarky stems from trade deficit. The US can reduce the deficit by limiting import by tariffs, and increase exports. The first part is simple, but I’m too sure about how to increase exports. I can’t really think of much the US have for export with an absolute competitive edge, except it’s military.
Quit trying to control people. The people of other countries are not our enemies. You dont even know them. If any other country came here trying to tell us what to do, who we are allowed to trade with, what would you say then? What if Kim Jung Un told China not to trade with us?@@mindoablues
@@mindoabluesQuit trying to control people. The people of other countries are not our enemies. You dont even know them. If any other country came here trying to tell us what to do, who we are allowed to trade with, what would you say then? What if North Korea told China not to trade with us?
Quit trying to control people. The people of other countries are not our enemies. You dont even know them. If any other country came here trying to tell us what to do, who we are allowed to trade with, what would you say then? What if Kim Jung Un told China not to trade with us?
In todays world, being isolationist is a DREADFUL idea. Global economies are the strongest ones, I mean hell look at China, their economy (At least for now) is fairly steady. Imposing tariffs is just going to backfire horribly, just look back at Herbert Hoovers presidency.
Yes, it is. People are coping hardcore because Trump keeps winning, which means America is done being the world police, which makes a more boring job for Simon.
As an American, we have heard abundantly over the last decade of what Europeans leaders think of us. They don’t need us and we don’t need them. It’s time to go our separate ways.
It's not even possible to fully isolate. The United States will gradually wind down trading relationships with China (decoupling) and find new economic partners while re-shoring many industries. It will take a long time. We'll be needing migrants more than ever once this process begins in earnest. So I don't know if Trump's "mass deportations" is more like a rallying cry to his base like "build a wall" was in 2016, but we will need more people to reindustrialize.
America first not America only, just admit you're not a fan of Orange man and purposely misunderstood his intentions with the whole self-sufficienct thing. And no America will not become a completely isolationist country, they just need to focus more on domestic issue like cutting down on abysmal bureaucracy and corruptions in the state and also becoming less interventionist since many people critize America for doing so these past decades.
The fact that he had four years previously to do any of this & didn't do anything other than grift & cut taxes for billionaires is something you're ignoring. Tell us why.
@@bone0101a man who had no criminal record until the Democrat Party made history by employing lawfare and twisting the rules in unprecedented ways to turn a misdemeanor book keeping charge (that the courts previously refused to even pursue) into 34 felonies! That’s literally the blatant, open federal corruption we’re talking about… which could only be missed by someone who never looked past the MSM headlines to see the deeper truth of what was actually happening.
@@SafetySpooon he was too busy delivering the US the best economy, most secure border, best employment numbers, and best interest rates the US has seen in its entire history… which is precisely what he promised to do… all while being systematically blockaded by a Democrat led Congress. This time around he owns the House AND Senate, and has a clear mandate from the American people to deliver on his promises yet again. …And all of the sad attempts at gaslighting from the bitter Left won’t make one damn bit of difference.
And yet you'll trust everyone in alternative media immediately, with no vetting. So long as they're criticizing institutions you don't like, they must be correct
It's hard to consider this channel unbiased when the noted claim to fame for Trump is reality TV star. Then to go on and inadvertently mock McMahon for being on TV as well. Both of those people have done a lot more with their life's than television.. I know it's hard for you to understand Simon not being from the US but the ability to pursue any role you wish is the American way of life. We don't trust career politicians anymore and the last election shows we would prefer to have people in charge who made themselves great rather than those who were gifted greatness by others behind the scenes.
Simon you need to be more positive , he looks on England as are cousins which they are !. Their is always room for England 🇬🇧, Australia 🇦🇺, Canada 🇨🇦 and New Zealand
![[TH] 2024 PMGC League | Survival Stage วันที่ 1 | PUBG MOBILE Global Championship](http://i.ytimg.com/vi/FVFT-PFwU80/mqdefault.jpg)
As self-sufficient as possible, sure? Will prices come down and salaries go up for most Americans without any kind of enforcement? Nope.
Prices are already going up right now in anticipation of the tariffs. Even if Trump cancelled them, prices would stay high. Anything and everything is being used as an excuse, and necessary regulation of prices is completely anathema to everything the GOP stands for
@ 1000% So many Trump voters are in for such a rude awakening in the near future.
So just keep giving the jobs to everyone and have the rust belt continue to well rust?
Guy on TH-cam comment says nope so it won’t happen
@@thesenate1844 price controls normally destroys things it contacts, turns out simple doesn't work on complex systems.
I want energy self-sufficiency, and defense self-sufficiency to the extent that it is possible.
Then promote nuclear and with our oil potential we'll be set no sweeping tariffs required and if you mean make all of out weapons here then that's just ignorant ours are the best because we use parts from everywhere to make them the best.
Best I can do is control of the global money supply and endless regime change wars.
that's dumb. Learn what is comparative advantage.
I think citizens themselves will have to do their part for the USA to be 100% self-sufficient and resilient, its not just the government that has to magically make your life perfect. We are lazy as hell nowadays and our grand grand grand parents would smack the sh*t out of us if they saw what we became.
First If everybody had an organic garden in their backyard like our grand parents had, it would help on so many levels, not only food security but also improve health of USA citizens which then would have an impact on so many things by itelf.
A physically and mentally healthy population can survive a lot of crisis but in the current state of american health, it's not looking good.
We are defense self sufficient in the US just parts get made everywhere because yes the US has a lot but it does not have certain resources like currently, advanced semiconductor manufacturing factories those are in Taiwan.
This comment thread shows how many people pay little attention directly to Trump.
Yep they just parrot headlines that are almost invariably out of context and full of opinion
They're all disinformed sadly. Trumps policy and promises are playbook from a corrupt politician at best and a narcissistic sociopath at worst. Just look at the Duterte policy way back in 2016 when he ran for the presidency in the Phillipines. False promises and the betterment of the country, all gut issues that sell best.
@@pauld.b7129Fox is the media equivalent of CTE.
76 Million plus voters paid attention.
I'd say the title of this video shows that as well.
In a perfect world you wouldn't need tariffs but the fact that you have countries like China whose government literally subsidizes what they produce so they can run everybody else out of business tariffs makes sense. Not to mention the US only has a free trade agreement with a few countries which means anybody else can and does impose tariffs against the US. So returning the favor only seems fair.
😂
Except when you put up a new tariff the other side will put up counter tariffs and now it's a massive ordeal to remove cause both sides have to agree.
@@dobber43 the thing is, in some industries tariffs work and some they dont. In fields in which you have a majority control of the end product, you can have tariffs because you are the only supplier. You cant put mass tariffs on common goods, thats where things really go poorly. But for people to act like tariffs are new or not a powerful trade tool (if used correctly) are silly.
@@kyledabearsfan the only place I see you went wrong is the "powerful tool" part. They are quite limited based on your previous statements as the situations where they can be used is quite small. And that is assuming a closed system where there other country doesn't sell you much so can't use counter tariffs starting a trade war
@@kyledabearsfan I've not seen a single person claim that tariffs are new or that they cant be used as a tool. I see people say that putting blanket tariffs on every country around the world for every product is stupid, and that voting for the guy doing it while saying your main concern is the cost of good is . . . questionable
Also, you missing the whole point of the tariffs. They are, in most cases, not for punishment. They are to increase the countries National purchases. High tariffs does push the cost onto the buyer, but the point is to entice the buyer to purchase goods made in their own country, because they are cheaper than the tariffed goods. The money from the sale then stays within the countries boarders, increasing the wealth of the people, because the money is not going over seas. The big businesses are not helped, because they have moved their manufacturing out of the US, to countries where they have engaged in practices that would not be tolerated in the US. Businesses will now have to move back to the US and provide proper jobs in proper environments.
Neo-mercantilism kind of. No matter how inefficiently a thing is made, it must be made in-country.
Only problem is that most people seem to have trouble to earn enough money just to afford basic necessities, as long as consumers don´t have more capital (not debt!!!) in the form of salaries it doesn´t matter how many jobs come back they won´t increase sales enough to actually give companies a reason to move back to the US.
I mean there will be tarrifs on things not produced in the US at all. Would you do without things like coffee or tea?
I didnt check tea, cuz I don't drink it, but I just asked Chat GPT and they do in fact grow and produce coffee in the US, in a few places. Im not surebon the costs, they are probably more expensive. But that is where Supply and Demand comes into play. More demand would mean a ramping up of business operations, which would require more employees, more business equipment, bigger factories. All of which boosts more employment to make the additional equipment and to build the new factories. Ramping up operations would make production costs be reduced because more can be produced and the prices can be reduced because of higher demand and a higher sell through rate.@@katshadwick7061
@@vivica8207 but what’s you’re not getting is American arnt about to make shit for the cheap. Prices are going up either way
Lol, hearing that little laugh of disbelief when Simon said "former reality TV star" might be the first time I have ever felt ashamed to be an American.
In all seriousness, I think "pure isolationism" isn't possible, and even if it was it would do way more damage to us than good. I agree with your analysis, Simon, and as always, I appreciate your nuance perspective, and I especially respect your editorializing. Thank you!
We act like other world leaders have had similar job... Ukraine's current President was a Comedian. Yet he has managed in a war that he should have lost by now. Just because youre not a career politician doesnt mean you cannot be good for a country....
More importantly Trump is a businessman, it makes zero sense to go full isolationist. Its about not being the primary enforcer. America has been yelled at for decades about being an agressor in the Middle East, Latin America, and Asia. We have had issues with the Caribbean in the past. So the idea that a president is pulling back normally would be applauded as America doing the correct thing allowing other nations to enforce their own policy. Yet since its Trump pople take it to the extreme and make it sound like he is trying to take us back to preWW2 were our military was behind the rest of the world and we hardly interacted politically with anyone. Business as Trump knows it is global, the difference is he doesnt see it as is NATO wins the US wins, he views it as If the US wins then NATO wins.
So we get yelled at for being America World Police
AND
When we want to get out of world bullsht
How do we win then?
We dont. We just do whats good for ourselves and forget everyone else
We take care of ourselves and wait for the rest of the world to grow up.
@@trajanfidelis And let China take over the world?
May i point out that for now you are the lead position in this game of nations? Yet you ask the question how do you win. You will need to define what is Winning for you.
There's a third layer to that: a number of the same countries what decry us being "the world police" and regularly look down their noses at America are also the very ones who expect us to be there for them and take the lead when something in the real world actually needs to get done.
All countries should be as self sufficient as they can and sell off their excess. I see nothing wrong with this philosophy.
but doesn't really apply exactly in reality, does it?
@@liamwinter4512 This principle is fine but it’s trying to achieve this with broad sweeping and not well thought out policies that are the problem. Suddenly taxing all foreign products, including those we’re not prepared to tolerate make ourselves or which we literally can’t (like coffee) will drastically hurt consumers all over. No country can be 100% self-sufficient either and really there’s no incentive for any corporations to stick to manufacturing in one country if labor is cheaper elsewhere.
Are you willing to pay the significantly higher prices, that are caused by that philosophy?
The most self sufficient county in the world is north Korea
It’s why the bankers from manhattan wanted to take out mustache man.
The comment section below makes it clear how so many in the US chose to cripple it and gloat while doing so.
And when Elon Musks "pain" is inflicted on them, comparatively few will be able to put 2 + 2 together. They'll find some way to blame Biden 😂
Sorry that i voted for someone who wants to get us out of wars and bring back more factory jobs. Instead of someone apart of an admin that's tempting ww3 as we speak
how to trigger americans; make a video analysing the leaders policies with basic economics learnt in high school. hahaha i can't 🤣
Of all the nations that could attempt an autarkic policy, the U.S. is in the BEST position out of any one nation given the sheer diversity and quantity of its natural resources. This doesn't mean that autarky is desirable or beneficial, especially given what few resources America doesn't have, such as numerous rare earth minerals, are vital to maintain a modern standard of living. But out of all the possible nations to attempt it, America is in the best position relative to anyone else.
The problem is we definitely shouldn't pull massively back it'll just leave the world stage to be pushed in the favor of russia and china.
We don't have enough of those resources to the population. It would take decades and be an economic catastrophe.
@@Drago-fc3zlif our islands can get around this via the repeal of the jones act, then they can make it work through loopholes when necessary.
The problem is the central planning, directing markets, and picking favorites, that is needed to get there.
We're a colonial power reliant on foreign cheap labor and the resources acquired by cheap labor. We need to insource defense critical manufacturing like computer parts, vehicles, and weapons.
Completely disagree, covid showed our vulnerability in the supply chain and america had a huge economic crisis, not again.
Due to globalization for the last 30 years, yes.
Our economy did the best and alot of that economic hit was due to how much spending in our economy are on nice to haves instead of essentials. And moving all of that stateside is probably impossible we just actually don't have the labor force.
@dobber43 I work in construction and it was impossible to get windows and doors for new homes that weren't delayed by 3+ months and all building material costs went up significantly. Everyone in construction of residential homes makes money when houses are built and sold, if builders can't buy material or houses get too expensive to buy from those costs carrying over, both the workers who make them and the customers who buy them are in a bad way. The idea that a global super power should be dependent on its rivals for its sustenance is like being dependent on a school bully for your lunch.
The global order is shifting and trump and America first clearly see that in the future, having necessary resources and supply chains come domestically is the only way to ensure American stability
@@dobber43 We did better than everyone else. Sure because we have the most control over the global supply chain and we have the dominate global currency. Did we do as well as we COULD have done if we had a more reliable and more self-sufficient supply chain? Nope.
Should we fear China? Nope, they're population demographics are a nightmare and their economy is spiraling. Should we fear that China will befriend other countries near the USA? Nope, China's only interest in helping them is self interest in hurting the USA. That does not create long term relationships. Look how all China's neighbors view China.
Oh yeah, I forgot about covid. Who was the idiot that let that get out of control and kill over a million people?
If the supply shortages of a few years ago should have taught governments anything, it's that more self-sufficiency is a good idea.
Only if it's done in an intelligent manner. If you just slap tariffs on everything and call it a day, then the post covid inflation will look like child's play, in comparison to the inflation you will bring upon your country
But instead of trying to increase self-sufficiency all he's going to do is increase supply shortages and hopes the rest of the country will figure things out themselves.
@@Bertinator-nm9ld I was thinking more in the vein of policies with the aim of bringing manufacturing back home. Maybe tariffs would be part of it, but it could be some other ways to incentivize companies to build domestic factories.
If it taught you anything, it would be on reliance nations have with each other. All nations require reliance on global collective efforts. Self reliance is prettier word for isolationism, which brought upon the worst of great depression in less than a decade. See the Smoot-Hawley Tariff Act of 1930 and the consequences.
@@fattiger6957republicans introduced NAFTA and you think they want jobs back here where we demand fair pay????????????
Ive always said if payed a competitive wage or above i would dig a ditch with a spoon and eat my lunch with the same spoon.
Sorry the elite need to import slaves so they can afford even larger islands to diddle kids on!
Gonna keep it 100 with you, as an American I’m totally ok with America first lol. I should hope my leaders take my interests in mind first before some other countries.
What are your interests? Increased prices of good? Less global dominance? It'll be Trump First before you
@@NealBurkard-ut1oo You mean like the last four years?
@@NealBurkard-ut1oo bro hasn’t been grocery shopping since 2020 💀
@@jedediahhopkins6051I'm always baffled at how ignorant Americans are to global affairs.
EVERYONE got hit by inflation since 2020. The USA has been the envy of most countries in how well they've managed to curb inflation in comparison to most countries.
If you think the post covid inflation was bad, just wait until Trumps tariffs come into play.
Like how do you think it won't raise prices massively?
@@jedediahhopkins6051no he just understands the difference of something the whole world experienced regardless of party in charge and policy from the candidate you voted that directly causes increased prices and less global dominance.
Europe’s wake up call. The USA ain’t going to bail you out anymore.
We still will, for our allies at least, but not those that are going to do it without pulling their weight. Germany having one of the largest economies on the globe but not meeting their 2% defense spending for YEARS taking advantage of American taxpayers, just one example. I prefer allies that keep their promises. Like our good friends in Poland who understand the US is still on the other side of the globe, and that a war would take place in Europe most likely. Man, God Bless Poland, one of the few countries with their eyes open it seems.
They haven't needed the US for more than thirty years. Sure, having the Americans on hand is great, but not necessary. You've been lied to.
Hey China. Eu here. how about a new fancy road, we know neither of us likes this tariffs thing. K thanks byeee~.
I might not be an expert, but honestly this seems to be reasonable enough. If EU's market goes down they will naturally gravitate to Tradepartners wich can atleast soften the fall. and if this actually plays out america is pretty much screwed. There are ressources they simply cant get without actually going to war for it. and if pretty much everyone around them Gets more intertwined with each other through trade they very well might just tax the hell out of the usa. China is certainly not to worried about a trade war. and eu has some export powerhouses. And these exporters need to cozy up to one of the 2.
smol edit: ofcourse this assumes that the usa goes all in on isolation. Theres still the option where those tariffs might not even hit eu on any noticeable scale at all. I'd atleast assume that na atleast sees eu's value as beeing not china and thus keep their trade realations with eu on a reasonable level.
Russia already woke Europe up
Trump is an idiot. He should stick reality TV
As a natraul born American, I would very like to see America go self sufficient.
Now given, I would still like to see international trade, just not out of necessity.
Same thing for every other country. Every country self sufficient, but still trading with one another. Not out of necessity, but rather because each country can (just wanting everyone to be self-sufficient is my position, but at the same time I want everyone to have friendly relations so we can have trade.).
It was somewhat like that before the idiot globalists started mass globalization in the 90s.
Being self sufficient and having free trade are incompatible ideas if I'm making all of my own stuff then what am I trading with you for and if we have free trade why would I go out of my way to do something very inefficiently that you do well when I can make more money playing into my strong suits and just buy your specialty vice versa.
With the world being what it is, that dream of peacefull trade wont happen within the next 20 years. There will be carnage, lots of it and any nation that goes isolationist in those times, well, will get left by the road side as bleaching corps.
Can we be 100% self-sufficient with coffee? A crop that literally can't be grown en mass in the mainland USA?
@@seanbinkley7363
Sure. Why not?
Not sure why a country looking out for their own best interests is controversial. I say this as a Canadian.
It's a handy catchphrase. It's also a lie. The US never stopped looking out for their own interests.
There's also a weird sense of entitlement, people often act like it's a given that the US will defend them, go to the UN Security Council on their behalf, protect them against international bullies, etc. all for free and all indefinitely. The US didnt join WW2 with the plan of defending western Europe for the next 70+ years, or that the Japanese occupation would last into the 21st century, or that we'd be feuding with Russia for multiple generations all while Europe was busy sniffing their own farts. They also assume that since the US supports the idea of free trade they should try to make trade as easy as possible while their country operates protectionist policies. The EU regularly institutes regulations meant to make it harder for companies outside of Europe to compete while China operates a one way street of sorts exporting manufactured goods, importing from areas they run like colonies so the money doesnt leave china, and all while exporting tons of goods. The world just assumes that the US _has_ to be held to a higher standard then their own countries.
Nothing trump does is looking out for America or the citizens. All he cares about is himself. He stole from a cancer charity and was caught for it years ago and is one of the reasons he can't be involved with them anymore.
The problem is that very often those decision-makers are looking at (often their own) short-term interests, not at the nations long-term interests.
Did you even watch the video? JFC
We’re not trying to fear monger, but we are definitely going to fear monger… proceeds to fear monger. - Simon
Pretty much
His research team did nothing to talk about WHY the tariffs are being proposed. They are going to replace our income taxes. The rest of the world needs to shut the f up and let us fix our broken system
Yeah the writer of this is absolutely trash and Simon is not much better at this point.
All the writers are left wing as fuck one of them even has half a brain...literally 😂
@@cyclesaviorn2700 Lol wut? Who told you that income taxes would be going away?
Should they? Debatable
Could they? Absolutely
I mean, I was going to say that isn't self sufficiency what North Korea have tried and look how well that worked out for them? Then again, if there's any nation that could pull off true self sufficiency, it's America.
Considering that we can’t grow things like Coffee or Cocoa beans in any capacity worth a damn, there’s gonna be a ton of caffeine withdrawal people
lol no, not even remotely possible. There isn't anywhere nearly enough people to do all the dirty jobs that Americans won't do. On top of that, Trump doesn't want autonomy. He wants whatever will benefit him personally.
No, they couldn’t. At least not without lowering living standards by a few decades. The US depends on imported goods and more importantly imported money. Cut trading ties and the stream of investment will shut down as well.
@@Kaltagstar96Technically, yes. In practice, I don't want the US economy to go down the toilet like it did for North Korea...
Simon whistlers meltdown about Europe having to finally fend for itself has been amusing to watch
America first is literally what every politician should be doing. Your country that you represent should be the highest priority. This is pretty basic.
Why?
@@leandro6234 Because he's representing us and using our money.
The problem with America being a global leader, is that it’s always going to be unpopular with the voting base. Countries that aren’t democracies like Russia and China do not worry about that, so they’ve been itching for America to vote for an isolationist so they’ve can fill the vacuum.
Making the world a more stable place is one of the easiest ways to enrich and secure America... Unfortunately voters do not want to think any deeper than 'why is all the money not going to solving my immediate problems'
It's ok when competing fairly, not using coercion and threats.
Boy reference to his reality tv career and not his most recent stint as 45th president simon is copkng with his country having to step up and defend it self 😂
Trump never stopped doing reality TV. It's just on the news instead.
America first doesn’t mean America only. Every county should look after its needs and the needs of her people first, the world would run much better that way.
Trump's extremely blunt flat tariff plan will not pan out as advertised. He will quickly start making exemptions for some countries in exchange for favours,
Trump does want to go "America only" as much as possible, though. He's very vocal about that
@@Bertinator-nm9ldif you think that, then you've been getting bad info. Look at his admin so far, all Neo-cons.
@@Bertinator-nm9ldHonestly, good. Serves the euros right for us funding their defense for 80 years and only getting snide in return.
Thesenate, i can imagine that he would free countries from tariffs if they put tariffs on china.
What country isn’t putting itself and its citizens first? Do people actually want to live in a country that advocates for the citizens of other countries about their own interests? Why does everyone only freak out at America doing it?
Because Europeans want to keep freeloading off of the U.S. military instead of trying to defend themselves.
You can just say you don’t understand elementary global economics without making your ignorant comment.
Becouse their military bases are fucking everywhere and are basicly the leader of the western world?
Well, Israel is constantly pressured to do just this....
@@misledpropsthat you didn’t include in your comment the name of a country that publicly advocates a policy in which they push other nation’s interest to the detriment of theirs speaks louder than your childish insult.
This whole video sits on the premise that the US wouldn't start producing currently outsourced goods domestically before beginning tariffs. There are hundreds of economic levers, and timing is everything.
You understand those goods would become more expensive right?
There is very little infrastructure, which takes decades to build up, to produce those things. And even if there were it would still be cheaper to use global supply chains than sourcing them within America
And how exactly are we going to magically find the infrastructure to produce such goods? Do you think there's just random machinery and property lying around waiting to be used?
Do you expect Trump to create a domestic manufacturing infrastructure that can replace all Global imports within his presidency?
You think the Trump administration has the forethought to be smart about this? They made a part of government called....DOGE....
As an American, we need to spend 4 years on ourselves so we can fix our roads, city’s and job market before we focus on any other country
Also, self-sufficiency shouldn’t be controversial
That's not at all what this video was talking about
You can’t just ignore the world and its problems when we take so much from it and influence it so greatly to ensure our nation runs and is prosperous. You want your cake, and to eat it too.
That's what the Biden administration has been doing, despite the fact that they receive no media coverage or credit for the progress they've made in infrastructure.
you forget that your country is an empire. Cutting ties with your vassals will reduce your influence.
It's giving up our global dominance that's controversial
I don't understand this debate. If a country has larger issues that require funding to fix, why wouldn't it pull funding globally and attempt to fix them?
Because the world freeloads off us Americans, and they'll never admit it.
Because then they’re interlinked economically with potential adversaries
Think you missed the point about how this would affect our alliances with other nations that heavily rely on trading with the US. These countries are going to want to trade, which is a perfect way for other hostile nations to gain advantages.
Pull funding globally also means losing control of access to resources and trade globally. The dollar will lose its power to manipulate the global market based on US interests, no more forcing countries around the world to do favors or fall in to line to suit American interests. Pull back means someone else will fill the void, basically China will expand to take over what they can, which will help alleviate their overproduction problem. US global order collapsing also means there will be more nukes as countries feel insecure, nuclear proliferation will happen. All this for what? “A more secure border”, they could do that’s without doing the rest but they’re deliberately bundled up together.
Because China wouls swoop in and take over. The US would end up screwed.
america has to build itself up in order to maintain all these global commitments if you dont want said global system to collapse.
It's not that America should try to go it alone, it's that it HAS too. The world is deglobalizing, and for good measure. Supply chains are vulnerable to global pandemics, we learned 4 years ago. America couldn't produce pieces of cloth. That's insane.
You're ignoring the fact that the USA makes a ton of money on exports and relies heavily on imported goods because it's cheaper. If you want the USA to become 100% self reliant, then prepare for all products to skyrocket in price
America couldn't produce pieces of cloth.
Hah!
@@kennydlite Exports are a vital part of the U.S. economy, but relying heavly on imports for essentials is a strategic liability (something that becomes glaringly obvious when global supply chains falter), as we saw during the pandemic. The idea that the U.S. can simply lean on cheaper imported goods ignores broader the reality of a world shifting toward deglobalization. Global trade has flourished under system a that relies on stability (a stability largely maintained by U.S. dominance set up during the bretton-woods alliance post WWII), but that system is unravelng. Supply chains are increasingly vulnerable to geopolitical tensions, pandemics, and competion for resources, And to top it off, the U.S. simply doesn't have enough destroyers or naval assets in its fleet to adequately defend those vital shipping lanes. Its ability to project strength globally is weakening, as evidenced by challenges like piracy along the coast of Somalia and increasing tensions in strategic chokepoints like the Strait of Hormuz and the Bab al-Mandab. Without sufficient naval presence to secure these critical trade routes, the U.S.'s influence over global commerce diminishes, leaving supply chains even more vulnerable, which anyone without a strong enough navy that relies on Imports is going to suffer under. If you're clinging to the idea that low prices for imported goods outweigh the risks of dependency, you're ignoring the lessons of the last 4 years.
Yes, prices might rise for some goods if U.S. focuses more on self-reliance greater (an increase that represent an investment in national security and resilience), but that increase represent an investment in national security and resilience. When America couldn’t even producesomething as basic as a piece of cloth during pandemic a what does that say about readiness our to handle larger crises? America has the natural resources, workforce, and infrastucture to produce most of what it needs domestically. With abundant energy resources, fertile farmland, and one of the best systems of internal waterways in world the (all of which support a more robust domestic economy), America uniquely equipped is to thrive in a more self-sufficient model.
Moreover, relying imports on for essentials like energy, pharmaceuticals, or raw materials puts the US the at the mercy of foreign suppliers (many of whom are adversarial nations). A system based on cheap imports works in world a of peace and stability, but in increasingly fragmented and competitive global landscape (a reality we are already facing), it’s ticking a time bomb. Deglobalization isn’t just an economic shift-it’s return a to fractured more and competitive world where countries prioritize interests their own over global cooperation.
Following a strategy of greater self-reliance doesn’t mean abandoning exports or ignoring comparative advantage. The U.S. can still trade strategicly with trusted allies like Canada, Australia, and Mexico (especially for resources like phosphate, lithium, or rare earth elemnts) to fill in the gaps. However, it’s critical to shift away from being overly dependent hostile on nations for critical goods. If the system your defending left America unable to produce basic necessities when it mattered most (an issue no one should ignore), maybe it time is to reevaluate who’s really ignoring the bigger picture.
@kennydlite You're also ignoring the fact that because it's cheaper to make good in other countries, you the GDP skyrocket yet wages remain stagnant and business continue to leave the US with no incentive for them to come back. Prices are already getting high and continuing as is doesn't look like prices will be falling anytime soon.
@@kennydlite That skyrocket in price will also be matched by a skyrocket in jobs, and if we truly lock it all internal then those jobs will be in demand of workers and match a pay to incite said workers thus creating a skyrocket in wages. America has a problem right now because of the global economy the people living here are dealing with increasing prices while being out competed by outside countries able to work at a lower wage leaving us with stagnant wages unless acted upon by a 3rd party (government minimum wage) but increasing prices. Once you lock the system down to purely internal it starts to flow correctly again. There will be growing pains but in the long run it will be healthier for out country as we enter the next century and further advancements.
I mean, given the absolute unqualified, at best, folks he is appointing to his cabinet, what a ridiculous question posed here. It's going to be disastrous for the American people, but great for corporations and billionaires
Yea America first we voted for.This
The way I've heard it before is that the US has a massive trade deficit with all of its biggest allies and trading partners. Pretty much all of them export goods to the US but hardly import good from the US. I think the threat of tariffs is being employed to make these countries buy more american goods and even out the deficit.
The rest of the world gets US debt and paper currency in return. You can make others buy your inflation.
Historically, isolationism and autarky have failed by themselves.
United? Well, I'm going to learn Chinese, thank you very much.
If the Soviets couldn't do it in Russia, nobody can do it anywhere.
@drbuckley1 NOBODY has pulled it off, not without damaging their economy and power.
The closest we ever got Japan in the Edo Period, and the Qing Dynasty, and not only they maintained some outside trade, they still got stomped the moment some non-isolationist outsider that used to be much weaker showed up ready for a fight.
America isn’t ending all foreign trade, they’re just sanctioning themselves and their allies for some reason. And they’ve decided now, while on the verge of a world war, is the best time to start a trade war with their allies 🤦♂️. You’d think it was a joke
Excellent analysis, sharing with friends!
Companies are salivating at being able to continue to raise prices even more.
Before the excuse was inflation and supply chain issues. Now the excuse will be tariffs.
This will not end well for the consumer.
It works out amazing for the ultra wealthy. Oh, right, Trump, Musk and their ilk are ultra wealthy, aren't they? What an odd coincidence.
Germany had to whack companies with the antitrust hammer a bit.
Banks in Scandinavia have horrendously little competition.
Initially yes but the money supply in America will increase over time.
I think the plan is to negotiate deals with other countries that have previously been tilted too favorably to others - basically level the field. Also, to discourage American companies from moving to other counties as well as have some come back.
Dear ..Simon and other members of your team
Don’t freak out and remember if y’all had listened to him and strengthened your own economy and defense instead of trying to do as much as possible to dream up complete fallacy about Trump you guys would be in so much better shape than ever
You have no idea what's happening, do you?
Have you taken your meds, miss Jenkins?
This is 100% the Truth.
@@Cailus3542 you dont
this does work both ways obviously .. i'm in the UK & other than weapons i'm struggling to think of many goods we only import from the US
America First 🇺🇸
Soon as Trump drops Israel. He can win my PA vote.
@@LeftWingNationalist He's very pro Israel and his cabinet picks are also full with Israel supporters, so not gonna happen bud.
"We'll put America first, no matter how badly we hurt ourselves in doing so!"
@@Bertinator-nm9ldProblem is that Trump doesn’t put American first, but Trump and his cronies first. It’s rather sad and funny that people are struggling to see the obvious.
@@angrydoggy9170 Well yeah, there's that too, lol
I hate it, but I'm also really impressed at the scale and effectiveness of MAGA's media propaganda machine. It's been devastatingly effective at shaping popular narratives across the board.
Russian missiles on Cuba pointed at the United States
NATO missiles in Ukraine, pointed at Russia
Zero difference
US nukes in Europe pointed at russia don't count?
@ nope too far. lol. They absolutely should. But we’re discussing the Eastern expansion of NATO.
There is always been that weirdness about who can have nuclear weapons and who can’t
Probably a good thing
Well we can tell how this channel feels😂😂😂
Utter clown show.
Who is paying their bills?
@@Zieg_Gamesprobably some of that billion dollars that Kamala "spent" on her failed election bid.
Economist agree with him
@@flyingsnake3737 These are the same people that advised Biden on his disastrous economic policy.
I trust them as much as the “intelligence community” that stated the Hunter Biden laptop was “classic russian disinformation.”
Cant blame Simon. The education level that most americans have is a joke.
Some fat orange dude promises good economy, deportation of mexicans, good life to average citizens and idiots eat all of it.
Reminds me from history where an angry guy with a moustache promised good economy, deporation of jews and good life to average german citizens. Gee i wonder who it was and what happened
Another excellent video, interesting stuff, thanks for posting.
“Self sufficiency” is only good if you want to spend the entire US labor force on low-skill, low pay jobs that developing economies are better suited to specialize in. It’s asinine to pretend like we have enough people to completely close ourselves off and not have to spend way more of our workers on grueling, unskilled manual labor jobs instead of innovation and services. We will all be poorer.
Then deporting the true labor force at the sane time??? Yeah pray for us brother
I think it would be fully possible to create a homegrown underclass, if the techbros get their way.
@@SusCalvin Too late for that!
THANK YOU for taking the time to fully explain how tariffs work throughly
You're right. Let's go back to spending 8 Trillion dollars every 4 years on everything except America.
Fucking hell.
You are talking like Amiricans never profited from those spendings. The thing is, you are looking into wrong direction. Government isn't loosing money on being ingaged in the world. They are loosing money when that ingagement gets corrupted by the officials. You think who benefited from the war in afganistan? Why did it ever happened? Why anyone decided to bully other country like that? It's because politicians wanted to justify their stealing from your taxes.
There is a huge difference between smart ingagement (like in Ukraine where US made lots of money from that), and bad ingagement (like Vietnam or Afganistan).
And i think you do not understand what Autharcy means. America doesn't have enougth people to sustain it's standard of living when being so isolated from the world. It will be painful. The rich will get rich, but everyone else will get poor as fuck
13:06 where have i heard that line of thinking before.....
oh ye! it was Britain promising that everything will be better (after some hardship) when it leaves the EU
This video summed up up til 4:29
“Oh no we can’t freeload off of American tax payers anymore while talking down to them online and in person”
Bingo.
About right.
I’d be lying if I said I had any real idea of how global politics and America’s role in the world, nor do I have a real grasp on it now. That being said, the last two videos I’ve seen from Simon explaining some of this stuff has been eye opening. I’m not for or against Trump, but I agree with him more and more as I learn more about this stuff.
The spin is incredible. Even when he "looks at the other side of the coin" he just spins it to make it look as bad as possible for the US.
@@itsjustme1616 This channel is completely biased and talking out of its ass.
China's demographics are terminal, and the world is moving it's manufacturing out of China to nations more friendly with the West.
NATO as a whole met its defense spending commitments for the first time since the end of the Cold War.
He doesn't know shit about fuck.
We have 7 million younger men who have dropped out of the workforce that are not in the unemployment numbers that I believe will work in factories
Factory work depends a lot on which industry. Some rely on the educational system to produce workers. Others actually don't need that many workers any more.
Agriculture is heavily seasonal. The harvest is only so many months. Same in other seasonal work like tourism.
If your techbros get what they want, you can let them reinvent the day labourers.
The "experts" have gotten us to this point in the first place. I'm ready to shake it up
50 experts said the Biden laptop was fake.
What are these expert experts in?
@@jeremyagee1493 Shaking things up isn’t good by default either. Communism shook up Russia and China. Nazism shook up Europe etc.
@@seanbinkley7363communism started in russia at a point of mass famine and centuries of poverty tool place, the nazis rose in power beacuse of the strain put on Germany in reparations that broke the people. Historical context is important. That's not what is happening
I'm curious what you think is so bad about 'This Point' when Americans enjoy the greatest living conditions in history, the greatest GDP in history, the longest period without proper recession and countless other positive metrics?
Trump was already president for 4 years and it a part of the elite. How is this a shame up?
My home country did 'isolationist self sufficiency' for about 5 centuries. Didn't turn out too well.
Of Trump‘s very many problems of which understanding complex system is but one, I will mention this one in particular. While there may be a trade imbalance in the European Union’s favour, American companies make a lot of money in Europe. A lot of money. All of those companies risk being damaged and their bottom line taking a hit - for some a very big hit - if Trump picks a trade war with the European Union. It’s kind of like the nuclear option. It’s horrible and no one wins.
The EU has a sort of secondary reserve currency, the euro. Its not as widely used as the USD at the moment, and with some exceptions is only used daily in the EU itself. It sees some use in international trade.
The EU is a free trade block. Part of the benefit of membership is the single market, and almost completely unfettered trade and movement will always be better than the smallest hindrance.
The agricultural subsidies are an eternal debate in the EU.
Who wins a trade war between the US and the EU? - Russia
Do any of my non-American friends here need a live-in maid?
I tended to vote Republican, because Democrat economic policy is absolutely horrendous. This is the first year I made the swap, because Trump's economic plan is potentially the worst plan I have ever seen proposed on either side. Not only is it anti-free trade. But it's simultaneously proposing a massive increase in demand for low-skilled labor, while targeting the removal of low-skilled laborers from our economy. It's burning the wick at both ends and a recipe for hyper inflation, since the price of all our basic goods are tied to that sector of the economy.
Is there some sort of mass unemployment in the USA you deal with?
I thought the Biden years had largely avoided that, at the cost of inflation. At least until the rest of the world buys US debt and inflation.
Agricultural labour is heavily seasonal. People need to feed themselves all year around, but the harvest is only so many months.
You were thankfully outweighed by the millions going in the other direction.
@@SusCalvin No. Unemployment is fairly low right now, sitting at roughly 4.1%. Trump is looking to make legal immigration stricter, and looking to do mass deportations.
The issue with his plan isn't that "manufacturing basic-level products" is a bad policy. Or that "Being stricter on immigration" is a bad policy. It's that running both simultaneously, is a recipe for disaster.
As an analogy. I wouldn't criticize someone for wanting to (in a vacuum) increase their personal spending. And I wouldn't criticize someone for taking a lower income job if they wanted to. But doing both at the same time, would cause major issues for someone.
Here's the problem with the self-sufficiency argument. The reason we cannot win a "trade war" with China, and are essentially locked into dependency on their goods, is that they can pay people in China to manufacture things at a tiny fraction of what they'd have to pay here in the US. So for us to be self-sufficient, we would either have to be able to manufacture goods at those wages (which means a reduction of how much someone get paid by about 90% on average), or the price of the goods would have to rise to points of unsustainability. Companies are not going to sell things below cost. Ever. People will not work for something that pays 1/10th of the cheapest rent you can find in the country. It just doesn't math out.
Nobody in Trump's campaign seems to be able to explain in clear terms how these tariffs are going to help. They aren't going to "punish" China, because China will just pass the costs on to us. They won't bring back manufacturing here because wages can never go as low as they are in China. The only thing the tariffs are going to do is hurt American consumers. I don't understand why nobody here in the US seems to grasp this concept - but then again most people here don't even have a basic understanding of economics, so maybe not that surprising.
Part of it is the economic reforms from the 70's and onwards. China moved closer to state capitalism seen in South Korea, Singapore, Japan, Vietnam etc. They are still halfway a command economy.
There is a growing split between Chinese urban wealth and a hinterland lagging behind. But Chinese private wealth has risen dramatically in general, compared to the 60's poverty.
Some of the industrial policies seems to produce real industrial efficiency. Others not. Its hard to discuss a closed systems. Battery factories seem to actually churn them out with less staff at higher rates.
Simon you’re too left leaning and soon you’ll see people don’t like that…
Then the world is upside down. Adam Smith and Reagan are commies. The VAT of Hungary is fiscal conservatism. Words have no meaning.
America is back 🇺🇸
I’m not sure how much I can trust Simon’s opinions on American domestic issues. He sounds like a repetition of CNN, MSNBC, CBS, ABC etc…
Its like tossing Ronald Reagan and Adam Smith in a bin. Its just very unexpected.
I think your techbros are pretty keen on creating a homegrown underclass.
@ I disagree. The case this video makes is overstated and hyperbolic. Markets know best, and I don’t think a Trump term too will deviate much from that principle. If the US can flex its economic muscle at the expense of China or the trash heap that is the EU through tariffs and reenergized domestic production, then I’m with it.
The US is already self-sufficient. We have the capability to produce all our own energy, all our own food, and all our own technology.
World trade destroyed the Australian Automotive industry, or more bluntly, world trade killed the iconic Ute.
We can and we should.
Before world war 2, we were pretty seld sufficient.
all countries were, the world was less connect. but you forget that your country is an empire. Cutting ties with your vassals will reduce your influence.
Self-sufficiency is always good but it’s a long process. I will confess I know very little about that sort of thing but I can only assume that trying to leave something so sudden to try out something “brand new” would result in a a decent amount of failure before getting it right. My two cents
Mercantilism in Europe, back in It's original days, meant that everything no matter how inefficiently should be made in-country.
Opening a market by force is sometimes part of it. Or forcing a client to be an exclusive market/seller. Your island MUST produce coffe and NOT sell to the Dutch.
@ so almost like a controlled economy?
AMERICA FIRST!!
Sooner or later you have to take the training wheels off of the bike or the kid will never learn to properly ride a bike. We have been the defensive training wheels for the world since WW2 at a huge cost to our own citizens and infrastructure of this great country. We always expected our European, Asian, South American etc. Allies to grow and properly train their own defense so one-day they could take control of that for themselves, instead they took that money and spent it on many other things rarher than their own defense because they just thought America would just always cover the cost and supply the military presence. Now all the sudden when we want to take care of our own citizens more than the citizens of other countries we are the bad guys, we gave yall 79 years with the training wheels on you should have learned to ride the bike in that time frame!
You making it sounds like it was a freebie what do you think was exchanged for that? The Dollar supremacy of course that pushed America further ahead. I am not saying that it is wrong to serve your own interests but it is naive to think you got nothing from it.
Best offense is a strong defense. You stop they’ll come and we’ll have to take it all back. Learn from history
So...yeah, that's not how it works. How any of that works. The US does not send money to other countries to pay for their defence (except Ukraine, for obvious reasons). Each country has their own independent military, paid for by their government. The presence of American forces in Europe is not protective, but opportunist, giving the US useful access. Even today, Europe has little to fear. Their only potential military threat has been weakened so dramatically that if Putin followed through on his threats, the war would be very short and one-sided. This was true before 2022, and is especially true now. Britain and France also maintain their own nuclear deterrents, if you're wondering.
This is why NATO seemed pointless in recent years. It was a powerful symbol, but with the Soviets gone, the alliance had no major threats, no real reason to exist. Russia's growing ambition and wars changed that, but even so, the idea of Russia taking on all of Europe was bonkers. Indeed, the one and only time that Article 5 has been enacted, it was the US calling for help after 9/11.
I'm afraid that you've been lied to.
And you did that for altruistic reasons, not to gain influence/dominance over others?
Didnt america rebuild china europe japan china and even create the state of israel parts of the soviet union at the end of ww2
Pretty much, and we aren't being compensated properly for guaranteeing global trade.
@@Zieg_Gamesbecause we’re not fucking Stalin lol. Trump acts like a gangster and the transactionalism isn’t gonna fair well for us down the line
@Zieg_Games Nor does anyone else get compensated.
@@user-sw3vj7jh4c Someone is mad that we are actually going to be charging for our services.
@ that ain’t what allies do. Thats what’s leading us gangster do.
We've been able to be self sustaining for years now. They just don't want you to know that.
60% increases on tariffs from China, would that include American companies that produce in China and sell in the American market, because then the next IPhone would be $4,000.
Good. Make iphones for the rich only. That's what Americans want apparently.
Who the hell needs the next iPhone, tho?
I read somewhere that Apple could shift some manufacturing to India to lessen the blow of China tariffs.... no idea if that is accurate though.
@@StansyyyYeah, that's obviously what will happen. That's the entire idea behind the tariffs! Thank you for actually reading about them instead of seeing a headline and chimping out like many are doing.
Can he do it? no. It would require a grasp of things he and his cabinet lack.
The US became a juggernaut based on tariffs. Directly taxing the people created inflation. From 1820 to 1920 inflation was basically nonexistent. Once the federal income tax was enforced, people needed to be paid more to cover the taxes, government grew, needing more taxes, and so on.
If there was one lesson the world should have learned from covid, its that the important stuff needs to be made at home. You can not rely on other nations not to take advantage of a dire situation.
[Citation Needed]
Important things like what ? The US doesn’t have all the resources to make even the most “important” stuff in its soil. How are you dealing with that ? Even if you make it here, you will need to trade and import the materials here.
@@flyingsnake3737 I agree.
@@flyingsnake3737oh we most certainly do. All of it.
@@concice1843 Did you forget to take your meds today ?
Didn’t he say it’ll only be an equal tariff? So if China puts a 10% tariff on all our goods we will do the same in return. In funny how most of our economist believe in free trade, but a lot of the other countries around the world don’t. Free trade would be great if every country in the world did the exact same thing.
Yes, he did. Simon is fearmongering.
Does anyone else notice that Simon & Co. really like to harp on Trump for being a former TV star like it makes him less of a President, but Zelensky is somehow a Ukrainian Churchill?
Because Zelensky, like Churchill is fighting an enemy which the world thought he couldn't defeat and keep on fighting anyways.
Yeah this channel reeks with bias, and they thought we wouldn't notice.
@@benjaminmorrish7093 With material provided by the US. Otherwise, Ukraine would be long since gone.
maybe if Trumpet was less on tv, and put more effort in making an actual plan instead of a vague concept of a kind of plan like he did last time he puppeted 4 years..
@@benjaminmorrish7093 yeah using mostly American money.
so, prices are about to shoot up... again?
We love our allies, but its been a long time where we put the world affairs over our own. We need to focus on America, and then our allies and the rest of the world in that order. Fix our education systems, over regulation, etc. Its not you world, its us. (psstt its both of us, this relationship is messy). If anyone questions this for a moment, please look up the amount of money each country gives out in aid every year. Youll quickly see the US gives out more of our peoples money to the rest of the world THAN THE REST OF THE WORLD COMBINED! But yet we cant afford homes, food, education, or even to raise families? There has to be a way we can do both, and if not? Then America should be the priority FIRST. I dont understand why wanting your politicians to take care of your home first is controversial, you all should want your government to care of you first with your tax dollars before they use it around the world or on illegal aliens. That seems rational.
While we should be more focused on domestic issues, the less we focus on foreign affairs, the more China and Russia will look to fill that vacuum. I guess it’s impossible for a democracy to be a global leader because voters will inevitably vote in an isolationist.
@carflexee yeah, we need our allies to step up and play a bigger role in the world. Instead of expecting us to fund everything when our working class is just crushed under the weight of it.
@ you’d be surprised how many countries would rather fall in line with Russia than “step up”. And Trump doesn’t know how to do that anyway. I promise you, for every ounce of power America gives up, the authoritarian countries will take a pound. This is why both parties since WW2 have always been so hawkish on the world stage. Like it or not, it’s how America became the leader of the free world.
Linda McMahon was not a pro-wrestler. She had an executive role as wife of Vince
Project 2025 was a matt Walsh master troll and it worked 😂😂😂
Keep telling that to yourself.
@@carflexeeIf you think the Nationalist Populist wing of the Right led by Trump was going to listen to The Heritage Project, you don't understand the Right.
It's like freaking out that Bernie was going to follow the Brookings Institute.
hahaha, nice! So how many of Project 2025's chapters were authored by Matt Walsh and how many of them were written by veteran officials from Trump's first term?
@@carflexee Its far more delusional and out of touch with reality to think this is a real thing when 99% of us Republicans don't agree with it at all. Where as these days if you are not far left you are q right wing nazi. Is a great way to alienate half the population and lose elections. The left has no choice but to become more central in its policy's and until that happens they won't be getting back in office for the next 2 or 3 terms. It will be at least 8 more Republican year's or even upto the next 16years before the Democrats win again unless they become more central.
Time to roll back the state
No, it can't.
Said the nobody on the internet
I'm, starting to think that being controversial it a click bait thing. Moving toward self-sufficiency is the goal, not cutting trade completely. Deporting gang members, human traffickers, rapists, and other violent criminals isn't going to reduce the number of unskilled workers in the US.
Simon and his writers are suffering from TDS. This is the result, videos of pearl clutching instead of talking about the literally dozens of conflicts around the world.
We gunna deport them from prison? Where are all these criminals?
@NealBurkard-ut1oo we know what industries they usually work in. Daily immigration raids of these industries will get large numbers of them
The explicit goal of the incoming (duck!) Trump administration is to deport about 11 million people. Trump has been perfectly clear about this and his allies at the state level are making plans to make it happen. The vast majority of those folks are good, hardworking people doing rough jobs for low wages. I agree that we need to control the border and manage immigration but, economically, this will be a disaster.
You sound 12.
The mobilization plans from the Cold War included self-sufficiency. But they believed it would be forced, by Soviet naval mines and a breakdown in shipping.
Bits of the peacetime economy would have to be sacrificed to keep things deemed essential going, with a much heavier government hand in rationing, price control and simply pressing people to work.
And the TDS continues....
...in his cultists.
Not unless we give up most of our technology like computers, cell phones, etc. They all rely on rate earth materials and semiconductors that the US had very little of. I voted against this insanity, btw.
I think the notion of American self sufficiency is excellent. However, I think that in order to make it work smoothly it would require a lot more government involvement to make it happen faster and smoother than most isolationist are open to.
The less government the better. That's why we're in this position.
I think you don't know the New Isolationists.
@@MeanBeanComedy my solution would be simply mandating a transition to domestic labor and resources over time. Trying to do it with tariffs may or may not work and will cause pain short term. Instead of hoping that the penny pinchers will cooperate, force them to.
@@ceooflovingthehomies9294 it's gotta be done. China has our economy by the balls, and that's a catastrophic risk.
@@tylershannon6593 that is an incredibly oversimplified view of how we got here. For something’s like energy, certain policies from a certain neoliberal globalist perspective contributed but outsourcing was a dance of government and corporations. No one is innocent there. It’s about the ideaology behind the policy, not government vs business.
They built the ship, made us all board - some of us without our consent, set sail...
And now that they fear they've lost the helm, they want to bail out and are preparing to jump overboard 😂 😂
I'm sure there are no sharks in the water lmao
and spoilers: the ship will be fine.
At the end of the day every country should look after there own citizens and be self sufficient after that they can help others not ruling on a world police man or world bank.
Which country would you rather live in? Since it's so bad in the US right now. World police helps us have economic leverage and maintain the cause of the US$
@NealBurkard-ut1oo I'm in uk 🇬🇧 I don't like one country having leverage or reling on another just look after its own citizens. Then help others
News Nation just said that the Economy would turn into a hegemony
What is meant by self-sufficiency?
If the US stopped importing anything, then the US car manufacturing would end completely. Cars are made of steel and aluminum. Aluminum is made from Bauxite. There are no minable Bauxite sources in the US.
@@glennjanot8128 yeah, and we literally can’t grow certain things enough en mass on the mainland US like coffee.
What about rare earth minerals?
@@seanbinkley7363Or cocaine and other stimulants. The driving force behind the Trump family 😅.
@@angrydoggy9170 Yeah boi haha
@@seanbinkley7363 The US can feed itself, unlike the vast majority of the world.
Autarky stems from trade deficit.
The US can reduce the deficit by limiting import by tariffs, and increase exports.
The first part is simple, but I’m too sure about how to increase exports.
I can’t really think of much the US have for export with an absolute competitive edge, except it’s military.
America First. Im tired of funding everyone elses problems.
So letting our enemies strike up trade deals with our current trading partners isn't going to create problems for us?
Ok, comrade.
Quit trying to control people. The people of other countries are not our enemies. You dont even know them. If any other country came here trying to tell us what to do, who we are allowed to trade with, what would you say then? What if Kim Jung Un told China not to trade with us?@@mindoablues
@@mindoabluesQuit trying to control people. The people of other countries are not our enemies. You dont even know them. If any other country came here trying to tell us what to do, who we are allowed to trade with, what would you say then? What if North Korea told China not to trade with us?
Quit trying to control people. The people of other countries are not our enemies. You dont even know them. If any other country came here trying to tell us what to do, who we are allowed to trade with, what would you say then? What if Kim Jung Un told China not to trade with us?
Simon's absolute panic when a nation elects someone who promises to put their needs first
Isnt that what a country is supposed to do?????
this guy thinks trump cares about americans needs... definition of regarded.
I think Trump cares for personal loyalty to Trump.
In todays world, being isolationist is a DREADFUL idea. Global economies are the strongest ones, I mean hell look at China, their economy (At least for now) is fairly steady. Imposing tariffs is just going to backfire horribly, just look back at Herbert Hoovers presidency.
Yes, it is. People are coping hardcore because Trump keeps winning, which means America is done being the world police, which makes a more boring job for Simon.
@MeanBeanComedy european governments when they actually have to run countries instead of globalist client states
America first!!!
Project 2025 is such a boogieman. Its hilarious
Cool lets see how free you are next year
@@TheMurphman1989 Into the crystals with you!
It sounds like Ronald Reagan and Adam Smith have been chucked in the bin.
Yeah. That happened in 2016. Does no one actually pay attention to Trump?
The rest of the world can jump on the lake .
Autarky had never worked in a modern economy. Hell, its anti-capitalist to try to be an autarky.
As an American, we have heard abundantly over the last decade of what Europeans leaders think of us. They don’t need us and we don’t need them. It’s time to go our separate ways.
It's not even possible to fully isolate. The United States will gradually wind down trading relationships with China (decoupling) and find new economic partners while re-shoring many industries. It will take a long time. We'll be needing migrants more than ever once this process begins in earnest. So I don't know if Trump's "mass deportations" is more like a rallying cry to his base like "build a wall" was in 2016, but we will need more people to reindustrialize.
America first not America only, just admit you're not a fan of Orange man and purposely misunderstood his intentions with the whole self-sufficienct thing. And no America will not become a completely isolationist country, they just need to focus more on domestic issue like cutting down on abysmal bureaucracy and corruptions in the state and also becoming less interventionist since many people critize America for doing so these past decades.
The fact that he had four years previously to do any of this & didn't do anything other than grift & cut taxes for billionaires is something you're ignoring. Tell us why.
"cutting down on abysmal corruption".... says the supporter of a felon.
@@bone0101a man who had no criminal record until the Democrat Party made history by employing lawfare and twisting the rules in unprecedented ways to turn a misdemeanor book keeping charge (that the courts previously refused to even pursue) into 34 felonies!
That’s literally the blatant, open federal corruption we’re talking about… which could only be missed by someone who never looked past the MSM headlines to see the deeper truth of what was actually happening.
@bone0101 The cognitive dissonance is just shocking isn't it?
@@SafetySpooon he was too busy delivering the US the best economy, most secure border, best employment numbers, and best interest rates the US has seen in its entire history… which is precisely what he promised to do… all while being systematically blockaded by a Democrat led Congress.
This time around he owns the House AND Senate, and has a clear mandate from the American people to deliver on his promises yet again.
…And all of the sad attempts at gaslighting from the bitter Left won’t make one damn bit of difference.
Long live America! 🇺🇲🇺🇸🌎🌍. America for world police! 🌎🌍🚨.
I trust those 23 economists about as much as those 51 intelligence officials …
Yep, the same intelligence officials that said the Hunter Biden laptop was Russian disinformation.
Thksw deepstate's money sure are tempting.
And yet you'll trust everyone in alternative media immediately, with no vetting. So long as they're criticizing institutions you don't like, they must be correct
It's hard to trust them when you know absolutely nothing about economics
And yet you’ll trust everything that comes out of the Trump White House.
It's hard to consider this channel unbiased when the noted claim to fame for Trump is reality TV star. Then to go on and inadvertently mock McMahon for being on TV as well. Both of those people have done a lot more with their life's than television..
I know it's hard for you to understand Simon not being from the US but the ability to pursue any role you wish is the American way of life. We don't trust career politicians anymore and the last election shows we would prefer to have people in charge who made themselves great rather than those who were gifted greatness by others behind the scenes.
When the richest person in the world talks about hardships he means for other people, not himself or the other rich people.
Simon you need to be more positive , he looks on England as are cousins which they are !. Their is always room for England 🇬🇧, Australia 🇦🇺, Canada 🇨🇦 and New Zealand
I think the USA, China and Russia likes small little isolated European nations that can be singled out.
Ahhh yes, america first the horrifying reality where america adopts the same values and outlook as every other nation