Yeah, ain't it great how Republicans are always all about the pain and the punishment? And if politicians want less stuff made in China to be sold in the US, maybe they should talk to American manufacturers who have moved their manufacturing over there! China didn't "make" then do it!
Did you notice the 10 percent tariffs on anything or did you just keep buyingView attachment 247950
Buchanan has a fatal flaw in his argument. Consumers can’t just buy the same goods from American manufacturers at a lower price. For one they don’t exist and secondly a tariff raises the market price to accommodate the tariff. American sellers just raise their price to the new normal after the tariff and pocket the difference.
Do you really believe that?Yep. Make it less attractive to ship jobs out of the USA. I'm all for that.
Corporations got a tax break. They went down to 21 percent, which is another reason tariffs can be raised. Nobody is going to pay attention to paying a dollar more for somethingThat’s the crazy thing. If tariffs are a tax, people seem to embrace them. But a tax is a loathesome burden.
Either way, Americans keep buying. They just shouldn’t believe in tax cuts.
Too much cheap money, easy credit and when our government tried to pay the bills by putting tariffs on other countries, they just raised their tariffs and nobody was selling anything. It went downhill from them.Yes it was one cause but the?money supply was smaller and less products
eco omy was smaller back tbenToo much cheap money, easy credit and when our government tried to pay the bills by putting tariffs on other countries, they just raised their tariffs and nobody was selling anything. It went downhill from them.
The only difference now is that the government can print money as they wish we aren't in the gold standard anymore.