I have seen a lot of know-it-all democrat voters posting in the last few days about how Trump's economic strategy is bound to fail and those who voted for him for economic reasons are fools. Obviously I am extremely sceptical of these people, as economic literacy has never been a strong point of progressives (not to mention how they are all suddenly experts, like how they were for virus propagation, climate change, etc.).
Nonetheless, I myself am no economist. Can somebody with a better understanding explain the strategy to me, and also any potential ways in which it COULD backfire in the way progressives are suggesting?
In many other countries, yes easily, America though, not really for a simple reason:
You have so much land that is BOUNTIFUL in resources that is grossly mismanaged. California should be a food production powerhouse and there's so much gas reserves and oil available still. So setting up production in the US wouldn't be hard it's the red tape that hampers it so removing that and introducing tarrifs is a good carrot and stick approach.
Don't forget Alaska. There's a HUGE swath of Alaska we can basically colonize and utilize for the resources we need.. I think it was something like a century's worth of resources are available over there.
I don't know about colonise as there's places there with an entire month of darkness and there's that one place where the entire town is basically in on large complex that's it.
But resources yeah there's a ton, I think in terms of colonisation, it'd be better to bring that South African farmer magic to 'the great plains' areas you can no longer call any part of that a dustbowl again.