So do I toro, but I understand is repeatedly losing isn't a way to go up. Repeating the same shot over an over with terrible results is insanity.
I don't support communism or a little America. I just actually care about America. And her people. Not just the goddamn corporations that run it.
There is, literally, no place on earth in the rich world where tariffs have added to economic growth.
There is mixed evidence that tariffs help poor, developing economies. In some cases they do, in others they don't. But they don't in the rich world. All they do is destroy wealth by propping up dying industries.
The appeal of tariffs is that they would protect the jobs of those in industries in which we can no longer compete, which are primarily low income, low productivity jobs. It's no coincidence that the people who are more receptive to this argument are lower income, less educated Americans. That's Trump's demographics. It's also Bernie Sander's demo, outside of the college kids and white wine liberals.
Wealth is created by becoming more productive. Tariffs make us less productive.
Unfortunately, we have an economy where more and more of the gains are going to the upper crust. That has nothing to do with taxes, or tariffs, or Obama or Bush, or whomever. It has to do with other parts of the world cluing in on the awesomeness of capitalism and the advent of technology, the latter being unstoppable.
