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Ideas & Opinions — Michael Freedman: Our hubris moment? | Community
Throughout history, the fall of empires has often been preceded by hubris—excessive pride, overconfidence among elites, and a failure to recognize the realities of the present. Are we now facing such a moment ourselves?
Take tariffs, for example. Blanket trade barriers won’t solve the challenges we face. Globalization was not born of ideology or politics—it emerged from economic logic. Companies sought lower labor costs, and jobs followed. Are we now asking American workers to accept lower wages just to compete globally? How does that raise our standard of living?
These efforts focus on manufacturing, which represents 10.3% of our economy. These tariffs are hurting the rest of our economy: tourism for example (9%) has dropped 11.6% in March with more to come; and by alienating our partners, all sectors of our economy will suffer.
We can push, posture, and pretend otherwise, but globalization isn’t going away. In today’s interconnected world, other nations have plenty of trading partners to choose from. If our leaders appear erratic or untrustworthy, why should others prioritize doing business with us?
We must insist on thoughtful, coherent policies backed by real evidence and compelling reason. Hold leaders accountable. Appoint qualified experts. Require transparent, independent reporting of economic outcomes.
Our global leadership is not a birthright. We earned our position through moral leadership, sacrifice, honesty, and goodwill.
Goodwill is easy to lose—and painfully hard to regain.
Have we overplayed our hand?
Michael Freedman, Grass Valley
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