Follow

i think trump is as clueless about usa economy as he is about the geopolitical situation, hence why i think the tariffs will fail miserably.

@Justicar Tariffs work and will do exactly what they are designed to do: tax the citizens and raise revenue for the government.

@Zeb nah, you need domestic resources to supply domestic manufacturing. usa is lacking, it has a massive trade deficit because it uses usd as main export. so imposing taxes on imports will dwindle domestic production and make everything imported or that depends on imports expensive for domestic consumers. which will in turn lower their purchasing volume. sure, it will bring in some money into gov's coffers but only for s short while. then the quality of life will plummet like a rock.

Sign in to participate in the conversation
Merovingian Club

A club for red-pilled exiles.