Trump's Polls Surge After He Imposes Tariffs; Demanding the "On-Shoring" of Manufacturing

The financial class is not happy, but the other 80% is noticing his efforts

[Preface by Doug: Trump is trying to “reset” the “Great Reset” of the communist/socialist WEF— but also overturn the long-standing and entirely open-borders trading ‘regime’ devised by the Bretton Woods accords. These accords established the USA as an importer-of-last-resort for the world, a world devastated by World War II. It was a good idea at the time, but our politicians have been asleep for about 75 years.

No exactly 75 years, here’s Nancy Pelosi ranting about trade imbalances and requesting tariffs on China in 1996—that’s about 30 years ago. But nothing happened to change the status quo:

Bretton Woods allowed unfettered trade (ie, the US importing everything) and, in return, all of these countries recycled much of their trade surplus money back into US bonds. And now US debt has piled-up to $37 Trillion.

Now, and for a very long time, every country on earth has long established high tariffs to thwart imports from the US. And, not unsurprisingly, the US has trade deficits with nearly every country in the world.

The US lost entire industries to foreign countries and lost 10s of MILLIONS of high-paying US jobs to many Asian, Mexican and other foreign manufacturers. The result has been un-ending trade deficits, budget deficits, faltering domestic “growth.” Since US deficit/debt spending is included in our “GDP” figures, the truth is that there’s been no real growth in America for 40 years. It’s all debt spending that “maintains the illusion of growth!”

In my post Commerce Secretary Pledges to Remove Gov't Spending as part of GDP, I show that debt has funded almost all the so-called “growth” in the economy for 40 years. There’s been basically no organic growth for 40 years—our “growth” and large numbers of entire industries have all been exported!

And the Suddenly, Donald Trump 2.0 arrived on the scene. He wants all of this to be “reset."

And, in the Turley YT video above, Dr. Steve Turley shows that many, many people in America understand what Trump is trying to do. He’s trying to undo 40 to 50+ years of economic carnage done to the US and our labor force. Turley reports that Trump’s approval ratings have in fact risen sharply since his tariff decision.

(Before I could post this, Trump paused the tariffs for 90 days to allow for countries to make “adjustments” to their trading regimes and I hope Trump demands the “re-shoring” of manufacturing and jobs TO AMERICA.)

The Rough transcript from Steve Turley’s YT Video entitled “You Won’t Believe the Polls After the Tariffs (above)”

from about 3:15 minutes:

…. ....the Daily Mail which surveyed a thousand registered voters between March 31st and April 3rd the poll found that Trump's approval rating climbed to 53% a 4 percent increase. Now I repeat— it's a 4-point increase from last week's poll when it was at 49% before the announcement of the tariffs.

The Daily Mail described the result as“surprising” given the relentless pressure and stock market crash that occurred on Thursday and Friday and by the way it's not just the Daily Mail polling. The latest RMG research polling has Trump also at a +4 approval 51 to 47 as well... [Doug here: only about the top 20% of our population owns significant amount of Equities.]

But the Daily Mail poll is very suggestive as to the chief dynamic behind these surging, post tariff, poll numbers. There are a couple of key indicators here. Trump's approval rating among youth voters, voters between the age of 18 and 29, is up 13 points since this same time one month ago on March 7th. Now keep in mind the youth vote, the under 30 vote, had already swung to Trump in November by 20 points since 2020 and it's only continuing to swing all the more— it's becoming all the more Trumpy.

And speaking of, if you can believe it, these tariffs increased Trump's support even among Democrats! There was a six-point swing among Democrats, who I'm assuming uh are the last vestage of working class Democrats who remain uh hoping, beyond all hope, that their party's leadership will once again embrace the working class. And black voters too. The poll found that Trump's skyrocketing with black voters by 17 points since last week's survey.

All of this is highly suggested that the financial class has lost the narrative.

In many ways we are seeing the inversion— the great reversal of the political order that dominated our nation over the last 30 years with the financial class basically calling all the political shots— monopolizing our politics. You saw it during the Biden years.

The economy was equated with the market. And so if the market was humming, if the market was doing well, if Wall Street was happy, then you should be happy!

All the indicators for a healthy market revolved around the financial class and so when Main Street was pleading with Biden to do something about this the inflation and the cost of living crisis. they were told by CNN and MSNBC and the New York Times, the Washington Post, that they were too economically illiterate to recognize that Biden's economy was the best economy ever.

Those days gang those days of the financial class running things are officially over.

I like how Mike uh, Mike Cernovich put it: Trump is treating hedge fund managers and tech bros the way they treated small businesses during Covid—as non-essential.

And that's exactly how the great Victor Davis Hansen is interpreting the tariffs. They are nothing less than the solidification of a major political realignment.

Davis: “This is a class thing. It really is donald Trump, mirabil dictu, I can't believe he did it as a classical Republican. And he's not classical Republican, but what Donald Trump did was he said that this Republican is going to choose the side the working man, it's not going to choose Wall Street. Wall Street hates Donald Trump. Have you ever seen anybody in this audience that's watching or listening— has anybody ever in their wildest imagination— think that Democrats would be on the floor of the Congress blasting Donald Trump and worried that “Wall Street's going to be hurt,” and not talking one word about the working classes that are all for this?

Because they think finally somebody's listening.

Turley: That's what's so key about these tariffs. The irony for me, the irony in all of this, is that the legacy media and the Democrats obsession over the market crash which directly affects only about 20% of the population. Right, 20% of the population directly invests in the stock market meaning that they own shares directly. That obsession over the 20%, ie., the financial class— is more and more alienating both the Democrats and the legacy media from the values, interests and concerns of the working class who are all for these tariffs because they see they rightly see that these tariffs are protecting and indeed growing their job base by encouraging manufacturing investment here in the United States so as to avoid tariffs

So what Trump is doing here is, he's solidifying the political realignment of the mass defection of the working class and young voters away from the Democrats. Remember the secret sauce to Trump's massive win back in November, the biggest win in two generations for Republicans, is that he pivoted left on economics to pro- labor pro- tariff economic policies that would have traditionally been identified with the more populist left.

He pivoted left on economics so as to maximize his base with the white working class, from 2016, all the while expanding that base growing his support among non-white workingclass voters like Latinos and blacks in relatively urban areas. And so by doing that, he maximized his own rural base while minimizing the Democrat's urban base in that so many non-white working class urban voters uh who would otherwise have uh overwhelmingly voted for the Democrat candidate ended up defecting and voting for Trump by record numbers. So the key to maximizing his own rule base while minimizing the Democrats margins in the urban areas was the working class —that was the connective tissue the working class the mass workingass defection over to Trump brought with it the vast majority of white voters —all the while minimizing the Democrats hold on non-white voters.

So, Trump is only solidifying that political realignment with these tariffs. Plus on top of that, there's just good economics behind these tariffs— good economics that is if you're trying to finally get a hold of the national debt and the annual deficit.

So the Western Journal has a great article on Trump's 4D chess that he's playing here: “What the tariffs are intentionally doing is spooking the market in order to drive investors away from stocks and instead have them flee to the security of government-issued treasury bonds as a safe haven.

Now why that's important is because, when you have this mass rush over to buy bonds, what happens is that the yield the interest rate goes down because it becomes a sellers market so buyers are willing to take less yield in exchange for higher security. And lo and behold, look at what we're seeing already a number of analysts have noted that since “Liberation Day,” since Trump's tariffs were imposed, the yield the interest payment for 10-year Treasury bonds has dropped to under 4%.

So what does that mean? Well it means now that tens of billions of dollars, that the government would have had to have spent paying off high yields, has now been erased. Tens of billions of dollars of the government now does not have to pay bond holders. That's what it means. Trump is saving the federal government tens of billions of dollars with these tariffs.

So, for example a lot of people don't realize, is that the total interest payment on our nation's debt actually exceeds the near $1 trillion dollars we spend annually on defense spending.

Imagine somebody uh proposing, a president proposing, that we take on a whole new massive spending department that exceeded even what we spent on the Pentagon, Imagine that. That's what we are doing with just the interest the annual interest on the debt. Trust that Trump's tariffs are slashing that interest, that yield, and thereby saving taxpayers tens of billions of dollars annually.

Finance expert Tanvi Rottna just pointed out that Trump is basically engaged in what she calls a full spectrum financial reset and what this is all doing is it's it's finally allowing our economy to grow again.

I mean a lot of people don't realize that our GDP hasn't grown in years. We're talking well over 10 years [Doug here: 40 years!] — because whatever growth we see is offset by the federal deficit. The growth does not exceed the debt. I mean, try that at home. Try that with your own finances. Even if your income were to grow by 10% but at the same time your debt grows by 20% you are by definition not financially growing you're finding yourself deeper and deeper in debt.

So these tariffs, along with the interest rate drops and then, then, of course, the tax cuts are coming and the tax cuts are there to offset whatever cost of living price increases may incur because of the tariffs.

So this is a holistic approach that Trump is taking— all of it. DOGE cutting back on government expenditures, tax cuts, tariffs, lower interest rates — it's all there to completely overhaul the old financial class system and reset the American economy as fully on the side of the working class, and in the process it is solidifying the political realignment that's caught the Democrats in an 80/20 doom loop— with them now siding with Wall Street CEOs over workers; ie., millionaires over Main Street.

And that's precisely why we're seeing Trump's poll numbers, even with all of the legacy media hysteria continue to surge.