Fox Business analyst (regarding Trump's tariffs):

[Prairie Gates]

6. Correct. Because the Trumpian program is fundamentally a lie, it is incoherent except as

government and procurement capture for the capitalists. The various programs for the base are all either illusory or profoundly mistaken in their analysis. The nonsense about bringing manufacturing back to the US is a great example: it is an argument for the base (the capitalists are perfectly fine and even prefer global trade and wage structures), but makes no sense in practice, relying mainly on a deluded nostalgia for the postwar period in which labor had relatively more power to force concessions from the capitalists. People didn't actually want or like manufacturing jobs: they put up with them for relatively stable employment and higher wages. "Bringing back manufacturing" (without unions or safety regulations) is not a real policy, but an incoherent rhetorical gambit for the working class base. As policy, it wouldn't even work if they did manage to effect it, which they surely won't, as it is economically infeasible, even at 1000% tariffs. When Trump goes too far with it, the capitalists and their spokespeople (like Gasparino) jump in and correct him.