Wow, I wish you the best! I hope you win!
Protectionist, tariffs, import duties, quotas were in the lexicon of the founding fathers daily speech.
Cantor him.
The multiplier affect.
Good luck with that. I’ve been trying to hammer it home for twenty years.
At one point we were experiencing a trade deficit with China that was approaching $700 billion dollars per year. Using the multiplier effect theory, I tried to get folks to grasp the impact of $3.5 trillion dollars, the trade deficit times five. In fact, it can reach ten times.
I tried to explain it like this.
$3.5 trillion in economic activity lost to our economy is like 2,000 cities losing $1.5 billion dollars in commerce each year. Crickets. As the multiplier effect approaches ten times you’re looking at 4,000 citiez losing that much economic activity. Crickets.
How many jobs would we be talking here?
Well at a rate of five times the multiplier effect, we’re talking 70 million $50 thousand dollar a year jobs.
If we’re approaching $10 times the multiplier effect, we’re talking about 140 million $50k jobs, or 70 million $100k jobs.
Folks yawn and roll over. What can I say.
Good luck to you. You’re exactly right.
You deserve the votes on this issue. No doubt about it.
Sad to see the Free Traitor™ Army run amok on your thread. I hope you win.
Bump for later.