Summary
Senator Bernie Sanders is intensifying his fight against U.S. oligarchy, targeting wealthy individuals like Elon Musk, Jeff Bezos, and Mark Zuckerberg.
Sanders argues that these billionaires manipulate the global economy, influence elections, and control the government, hindering democracy and exacerbating global inequality.
He believes this issue is crucial, impacting various aspects of society, including climate change, healthcare, worker protections, and poverty.
Tariffs will not significantly increase domestic investment. The US is at its maximum employment and that’s without deporting people. Who will even work in those factories?
Not to mention American labor means that products made here are at least double the price. So no it’s smarter to just raise your prices 20-30% than build a factory that will also have raw material costs 20-30% higher anyways.
There’s some fictional reality where young people yearn for the factories. Ignoring the second half of the story where that actual generation dreamed of a world where their children didn’t have toil in manufacturing.
Also ignoring the fact that wages have been going up for lowest earners.