JakeStarkey
Diamond Member
- Aug 10, 2009
- 168,037
- 16,522
- 2,165
- Banned
- #41
So what, Mike? EdwardBaiamonte can make the same claims as you of years of study: nonsense.mikegriffith1, we all know who you are, how your goofy theories on economics and history are just invalid.
I think you still follow skousen and jbs and the freemen's institute, so I am not too concerned with your nonsense.
Yes, tariffs will rise prices, cost jobs, and lead to a recession.
However, I think Trump is using the threat to cut some trade deals more favorable to the US with the promise that he won't impose tariffs.
IOW, you did not bother to read the OP or the links. Skousen, Freemen's, JBS? Huuuh?
I base my views on tariffs on years of study of economic history, including recent economic history (e.g., China, South Korea, the EU, etc.).
You keep ignoring the fact that we tried the same kind of trade policy that Trump is trying to implement, and it worked fantastically. We became an economic and industrial powerhouse by shielding our major industries and workers with high tariffs and trade restrictions. Republican presidents from Lincoln to Grant to Hayes to Harding to Howard Taft to Teddy Roosevelt backed protective tariffs, and America prospered because of them.
I ask again: Why is it okay for other nations to protect their jobs and industries with tariffs but not okay for America to do so?
"Trade war"?! We've been in a trade war for decades and have been getting clobbered. Look at our trade deficit for the past 30 years. The same nations that have used high tariffs to help their own economies are now whining because Trump wants the U.S. to do the same thing.
Gary Cohn jumped ship today because of wrong economic policies such as you are promoting and parroting.
Congress in both chambers is considering bills to throttle this nonsense.