Tariffs worked well for 180 years. The truth is we never should have lowered them. During times of full employment, we should have made exceptions for specific low wage non-critical industries.
Across the board tariff elimination like we did when we compete against countries like China that have 300 billion under-employed ultra low wage citizens, is suicide.
Once the tariffs are back in we should never eliminate them again. At most we should talk about tying the tariff level to the % of working age in the work force. And again only for specific industries that we are willing to lose.
At most we should talk about tying the tariff level to the % of working age in the work force. And again only for specific industries that we are willing to lose.
DeVos, I wonder if she’s tasked with the Manhattan-level project of bringing trade and vocational schools up for training. Lots of new learning opportunites, especially in automation. Trade schools where you learn half the day, and work the other half until somebody hires you.