What do you think 40,000,000 plus people out of work is costing this nation? Do you have any idea why our national debt keeps climbing. It due in no small part because we have zero tax receipts and incredible outlays in public funds for those 40,000,000 people out of work.
Jim you’re scared of what a 33% tariff would mean for consumers. May I remind you our citizens pay that in capital gains taxes. Have we repealed that?
I can avoid a 33% tariff. Just don’t buy the freakin’ product. I can’t avoid capital gains and an increasing federal deficit.
Our Founding Fathers set up our government based on being funded by tariffs. They did it because they knew the power to tax would lead to what it has.
I’m curious what else you think the Founders were wrong on? Declaration of Independence? The U. S. Constitution?
Sorry, we’ll have to disagree on this one.
That's right, but you can't offer the right solution if you don't know what the problem is.
40,000,000 plus people out of work is not because of China, Mexico, Japan, or the Man in the Moon.
The most serious economic disease in our country is BY FAR the $4 trillion federal government bloated monster that is sucking our country dry with unconstitutional and utterly economically disastrous regulations that literally drive businesses out of business or out of our country along with jobs. Their GROSS interference with our free market economy has lead to forced, artificially high wages which drive prices too high and sends business and jobs elsewhere. If you don't start there you're not ready for the right solution.
The gradual buildup of the $4 trillion federal government and its involvement and interference in the American economy since early 1900 is the reason for our economic woes today. The federal government is a double-barreled shotgun aimed at America and Americans. The first barrel is most of what they do, especially economically, is patently unconstitutional. Unconstitutional federal acts are by definition acts of tyranny. The second barrel is the more the federal government interferes with the market economy, the more poverty and misery is created. Only the free market can create wealth. The government creates poverty. Evey single government program designed to make America a "New Deal" or a "Great Society" has created more poverty, regulations, burdens on business driving costs higher and higher, while the federal government has become a bloated $4 trillion monster sucking productivity dry while not producing a thing.
Our Founding Fathers set up our government based on being funded by tariffs. They did it because they knew the power to tax would lead to what it has.
Yes, but they were used as a tax for revenue, not to "punish" trading partners. Are tariffs a better tax than the income tax? Yes. Are tariffs a tax? Yes. Are they and effective economic tool? NO! Tariffs are like shooting yourself in the foot economically because these who suffer are the American consumer with artificially higher prices and the feds pocket the balance. We don't need more federal taxation and burden on the American People we need less - much less. The tariff thing to "punish" China, etc. is self-defeating, wrong-headed and misguided.