Agree, it’s basic economics. But it’s also an easy way to score points with special interest groups. Unfortunately, the number of tariffs and other trade policies has been increasing strongly in the last 2 years.
I understand the politics. The economic self destruction ignored or misunderstood by the acolytes and sycophants is par for the course too. It’s those that should know better, that I find amazing. Business people should know a road paved with tariffs doesn’t go anywhere they want to be.
It was Econ 101 that tariffs are bad.
Smoot/Hawley anyone?
How the hare brained scheme of tariffs being some kind of economic panacea is beyond comprehension. Certainly fails any type of analysis.
Agree, it’s basic economics. But it’s also an easy way to score points with special interest groups. Unfortunately, the number of tariffs and other trade policies has been increasing strongly in the last 2 years.
I understand the politics. The economic self destruction ignored or misunderstood by the acolytes and sycophants is par for the course too. It’s those that should know better, that I find amazing. Business people should know a road paved with tariffs doesn’t go anywhere they want to be.
Neither Harris or Trump have proposed pro-growth economic policies. Instead, they have chosen to pander to select groups in search of votes.
The key different here is that Kamala’s bad tax proposals would need approval of Congress, but Trump’s tariffs are within the President’s purview.
In other words, Trump can unilaterally force bad policy onto Americans with nothing to counterbalance him.