Josh First's Blog

No pain, no gain

The old gym motto “No Pain, No Gain” applies to the much-needed economic shakeup the Trump Administration is bringing to the entire planet. If we Americans do not put up with a little temporary pain and necessary readjustment now, for our own good, then we will enjoy no huge gain later on. It takes work to then earn and enjoy resulting benefits.

President Trump’s promise to American citizens was that he would return us to glory days, a golden age, which we richly deserve. Trump is correct that America has been the world’s piggy bank for decades, due to the huge tariff and trade imbalance. We should add that being the world’s piggy bank is an unsustainable and unfair arrangement paid for by the long forgotten American taxpayers, who see very few benefits in return for handing over their hard-earned cash to every Tom, Dick and Harry the American bureaucracy could dream up.

As we have learned over the past eight weeks from the Department of Government Efficiency (DOGE), trillions of American taxpayer dollars have been illegally mis-spent on millions of dubious schemes, ideas, organizations, and fantasies, many of which directly aimed at harming the United States. American taxpayers have been funding their own sworn enemies through agencies like USAID, DHS, EPA, HHS, and the Department of Education.

In other words, domestic enemies here in America were running the federal government, and using our tax money to damage and destroy America. This egregious situation is only in addition to the lopsided international tariff arrangement that has grown out of control since about 1920.

The tariff situation is egregious by itself. All kinds of countries we Americans think of as “allies” have had heavy tariffs placed on importing American food and manufactured products, including milk and dairy, steel, etc. Many of these countries’ governments paid what minimal tariffs that the USA had in turn on products being imported into America, in effect buoying up their own private businesses.

America did not do that for our own businesses, and in fact America has had very low to no tariffs on most imports. And now after essentially handing over our own wealth and manufacturing sectors to foreigners for decades, we are tired of being the economic piggy bank or punching bag or host body for all of these takey-takey people around the world. It is hard to understand why Americans, particularly working and taxpaying Americans, support this large imbalance and wealth transfer from America to the world.

And yet, as we see, plenty of working Americans are arguing against tariff parity, and are setting fire to Tesla cars and dealerships as a form of protest against DOGE finding and eliminating waste, fraud, and abuse of taxpayer money. Do you have to be mentally ill to belong to that one political party? Do you have to be self destructive to be a voting member of that one political party?

Do you have to hate America, Americans, the rule of law, and everything great about America to belong to that one political party?

Why would any normal American belong to that one political party?

Just as DOGE is causing Americans to take a long hard look at federal government mismanagement, Trump’s tariff parity is going to cause a shake-up in our international trade relationships, no doubt. It is going to cause some re-arrangements of pricing and products we are used to having easily available to us. For example, cheap Chinese crap on Amazon is probably not going to be as cheap any longer. And yesterday the Princess of Patience and I went to look at a new car for her, and we see how the new tariff parity might effect car prices. We learned that those foreign-brand vehicles already ordered and in the pipeline are not subject to tariffs (our family is positively prejudicial in favor of Toyota vehicles).

Of course, foreign brand vehicles made here in America are not subject to tariffs, either, and many Toyota cars and trucks are made in America.

Long and short of this subject is give these policy changes time to work. Already America is seeing immediate positive responses from many foreign trading partners, who are lowering their own tariffs because they know that their own industries cannot afford to absorb Trump’s tariffs. They will lose their export markets if they lose American buyers. So just be patient, remember that this is all being done for your own good and your own bank account, and know that it will work out well.

Putting up with these changes is like making deposits into your bank account. You might feel like you are missing opportunities to party with your money in the short term, but in the longer term you will be very happy.