Originally Posted by
jon1959
This is one analysis piece from a US socialist organisation - the Socialist Workers Party (US).
It does make passing reference to the basis of Hitler's rise to power, and also to Leon Trotsky as a reference, so serious pearl clutching will be in order!
The economic war is also directed against the working class at home, despite Trump’s assertions—backed by the United Auto Workers union and other sections of the trade union bureaucracy—that it benefits the American worker.
One of the big lies of the Trump regime is that tariffs are paid by foreign countries. In reality, they are a massive indirect tax on consumers, workers and their families, in the form of higher prices on a range of goods from groceries to consumer durables.
Any relocation of production to the US will not result in an increase in well-paying jobs. New factories will be highly automated, employing as few workers as possible to cut costs. Through the pressure of competition, this will only lead to further job cuts and intensified exploitation in existing plants.
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