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To: central_va
A 20% across the board import tariff balances the Federal budget tomorrow.

You keep repeating that like it's some kind of mantra. It won't work because a lot of people won't be able to afford to keep buying the stuff when the price goes up 20%. For most Americans, the immediate effect is going to be a substantial reduction in their standard of living.

36 posted on 05/06/2016 6:21:41 AM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: tacticalogic
It won't work because a lot of people won't be able to afford to keep buying the stuff when the price goes up 20%. For most Americans, the immediate effect is going to be a substantial reduction in their standard of living.

Really? The only thing that will go up are goods and services made/created overseas. What part of the average persons budget goes to buying durable goods? What will the stimulative effect on the economy be of ONshoring and repatriation factories to the USA?

Up until the 1960's the Republican Party was the party of protectionism. So were they the "liberal" party then or is the Republican Party of today ( the one in favor of RAPE trade ) the "liberal" party? Which is it?

48 posted on 05/06/2016 6:33:20 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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