You completely miss the point of the effect of impact on the local economy which reflects on the national economy. If a worker has a job he spends his money in his hometown basically. The money received by the butcher, baker, candlestick maker, is spent with other local businesses and so on. ALL pay taxes which fills the coffers of the government. YOUR way suggests that the workers who can’t find jobs will still be spending money as they did before. They will be DRAINING tax money to live on in the form of government safety nets and it is a constant drain on the economy. I am old school too and learned in the real school before CommonCore that money turns over 3 to 4 times creating three to four times its basic value. THAT is why what Trump is doing is THE RIGHT THING TO DO! EVERY JOB he saves has a multiple effect on the economy.
See my post above. I do understand the multiplying effect that youve pointed out. It is a factor.
My basic issue with the Trump trade policies are that there are negative effects that will wipe out some of the gains that we see (1000 jobs saved) and the net result will be less improvements in our overall standard of living than we anticipated. Add to that the fact that the number of unemployed people in this country is 50 to 100 times the number of manufacturing jobs that we are likely to add over the next few years even if Trumps policies work.
Lowering taxes and regulations both of which are inducements to businessmen to hire new employees is, IMHO, a way more important factor. That’s where your multiplying effect will really come into play.