That’s what tariffs are, only worse because all the money from the tax (tariffs) we pay, goes to federal bureaucrats. It doesn’t come to us in our local communities. It all goes to D.C.
“You are taxing your people?.. OK, I’ll tax my people even more! That will teach you a lesson.”
This is a man pushing levers he does not understand.
Tariffs prop up homegrown industries by inducing citizens to buy goods produced domestically. Until about 2010 the U.S. was the world’s largest manufacturer, but has since been overtaken by China. Why in the world would you drive back the hands of time to manufacturing? The skilled labour will triple what is paid out in developing countries.
In 2021, services accounted for 77% of the overall GDP, while manufacturing accounted for 11%. Over 80% of American jobs are in the service sector. Trump made a great deal of money in the service sector. The six bankruptcies were the result of over-leveraged hotel and casino businesses in Atlantic City and New York: Trump Taj Mahal (1991), Trump Plaza Hotel and Casino (1992), Plaza Hotel (1992), Trump Castle Hotel and Casino (1992), Trump Hotels and Casino Resorts (2004), and Trump Entertainment Resorts (2009).
Now America is over-levered due to poor financial choices to the top 1% percent while dismantling America’s democracy lawlessly while promising that it will not happen again under his watch, when in reality he added to America overall debt by close to 8 trillion dollars the first time around. Only now he surrounded himself with syncopial lap dogs and yes-men all seeking his attention and favor while pillaging America’s coffers.
The rowboat already had over 100 holes drilled in it before Trump imposed the reciprocal tariffs.
Where is all the outrage about the tariffs other countries have had one us for years/decades? I think that’s the overall hope/plan that all the other countries remove the unfair tariffs presently in place. Vietnam caught on very quickly. I suspect others will follow soon.
Of course to many people it doesn’t matter what Trump does, the DS OP Mockingbird media has many people convinced that “orange man bad” no matter what he does.
For instance President Trump could walk out of Walter Reed hospital after having been cured from COVID and tell the world that HDQ is safe and effective against covid and many people would not believe it. SAD what the OP Mockingbird media has done to our society.
Do really think lazy Americans are going to fill these supposable new jobs? We are living with the fuck you generation . Spoiled rotten lazy, disrespectful fucks, suck it,
Hillary Clinton made 100 winning options trades in a row while she says she was baking cookies. It’s utterly impossible to do, and she is the only person in human history who has ever done it. The NY Times calculated that the odds are 1 in 31 trillion: Reddit - The heart of the internet
And they believe the professed lies by the commander and chief, and his ever hungry for his approval minions, and Elon Musk the richest man in the world, imagine that, and how Trumps beautiful, totally lovely and fare tariffs lies will make America wealthy again. Yahoo!!!
I have to disagree, our government doesn’t work in a vacuum. Tariffs are deposited into the Department of the Treasury general fund, just like most other taxes, and used for anything, from education to social programs to infrastructure. Don’t get me wrong, I do agree that there is a lot of waste.
Trump wants to shift the tax burden from corporations and the 1% to “foreign governments” (his words, not mine). That doesn’t change where the money goes or what it’s used for.
I grew up on a lake that I spent many years and hours on, fishing, boating, skiing etc. There was guy that went out fishing one day in his aluminum “john” boat. He was fishing along and close to the bank, under over hanging tree limbs.
A snake dropped from one of limbs into his boat. He had a pistol and shot the snake 5 times making sure it was dead. He didn’t make it back to shore (his dock) before his boat sunk. This was 40 years ago and if he is still alive today, my bet is he’s a F-47 supporter…