An executive order has the force of law, but isn’t law. If you want business people like me to make decisions based on tariffs… put it writing (law) and make the tariffs last at least 10 years or we get reimbursed for being jerked around.
I like Trump, but he’s changed his mind so many times on tariffs, how much they are, what countries they apply to, what products they apply to, and how long they last… that his words regarding this issue are meaningless to me and I’m not doing anything based on them.
Be a man. Make a decision and stay with it. Then get Congress to codify it.
But congress is broken. So you will be sitting it out for a long time. Unless Trump has success and Congress desires to enshrine his policies. Meanwhile, there is always someone willing to sit at the poker table.
Most every business person not only here but worldwide has whiplash from the on again off again stupid Trump tariffs, except for Putin who is certainly enjoying the show of stupidity.
Maybe some on the right side of the political isle will grow a spine and stand against what they already know as stupidity run amok, at least concerning tariffs against Canada, it’s a start, that is if they have the courage to do it.
Correct. But giving the federal government more money doesn’t offset it at all. They’ll just spend it and more.
The only way to stop the debt snowball is by doing two things:
Tell our servicemen and women they have 10 days to get off other people’s property. After that, they lose their citizenship and can’t come back. A direct order from the Commander in Chief would be one they couldn’t refuse. That should do it. Get everyone back on defense where they belong. That would cut defense costs by 80%. No soldier is going to give up their citizenships to invade/occupy other sovereign nations. Remember, national defense is very inexpensive. It’s attacking the wrong countries that costs us trillions.
Then start inflating. Literally drop cash out of helicopters. Inflate the debt away. I think tariffs might actually be a wrong-headed attempt at intentionally creating inflation in an effort to deal with the debt, but I’m not certain. I can’t figure it out…yet. And I think Trump getting rid of the penny is probably a step toward getting rid of change altogether and inflating away 2 decimal points. Debasing our currency by 99% would wipe out 99% of the debt. It’s already lost 99% of its purchasing power in the past 100 years, just do it again quickly instead of so gradually.
He would have been better off just raising taxes. At least that wouldn’t have all our allies and trading partners pizzed off at us, not to mention the extensive damage to our economy that the stupid Trump tariffs are causing and will continue to cause.
He had budget surpluses for fiscal years 1998–2001, the only such years from 1970 to 2023. Clinton’s final four budgets were balanced budgets with surpluses, beginning with the 1997 budget. The ratio of debt held by the public to GDP, a primary measure of U.S. federal debt, fell from 47.8% in 1993 to 33.6% by 2000.
Read JJ’s article. Saying Clinton balanced the budget is like saying Tom Brady won the Superbowl. If you are a Brady fan, it will be easy to make that argument and ignore the rest.