The National Debt hits $37 trillion

[Mashmont]

Yes, it does, it doesn’t account for future debt or income, just as it stands today.

Well then it’s inaccurate. The great man’s tariffs will close the gap.

 

[John Edgar Slow Horses]

Well then it’s inaccurate. The great man’s tariffs will close the gap.

Hardly.

 

[Mashmont]

Who pays the tariffs on products imported into America?

Who writes the check at the Port of Entry?

There is only one answer to that question. What is that answer?

The exporting countries pay the tariffs via lower prices.

 

[Mac1958]

The importing countries pay the tariffs via lower prices.

THE IMPORTER PAYS IT, EINSTEIN. THE AMERICAN EMPLOYER.

 

[Mac1958]

Holy shit, they really don't know how tariffs work.

 

[leftwinger]

If tarrifs bring in enough funds to offset any loss in GDP, and cause real jobs in the hood for Sealys daytime 40OZ drinkers & breeders in DET then it will be a big winner. Reducing welfare and creating jos is winning. Only time will tell.

 

[Mashmont]

THE IMPORTER PAYS IT, EINSTEIN. THE AMERICAN EMPLOYER.

Exporting companies pay tariffs through lower prices they have to charge. You leftwingers ax a question, then don't like the answer.

 

[Mac1958]

Exporting companies pay it through lower prices they have to charge. You people ax a question, then don't like the answer.

Thanks again. I really wish you understood this, but you're a Trumpster.

I wonder who told you this, but on the other hand, maybe I don't want to know.

 

[Mashmont]

Holy shit, they really don't know how tariffs work.

Obviously the exporters pay it.

If your mother gives you money and sends you to the store to buy a jug of milk, who paid the sales tax, you or her?

 

[Mac1958]

I'm pretty sure I've seen other Trumpsters surprisingly get this right.

Let's see if they can pop in here.

Who pays the tariff on imports arriving in the United States?

Who writes the tariff check?

There is only one answer here.

 

[Mashmont]

Thanks again. I really wish you understood this, but you're a Trumpster.

I wonder who told you this, but on the other hand, maybe I don't want to know.

Let me put it another way. If you're China, and you want an importer to buy your stuff, and you know there is a new tariff, what do you have to do to the price of your goods to make the importer buy your stuff?

Mac1958: "Uh, keep prices the same?"

It's no damn wonder you leftwingers are poor.

 

[Mac1958]

Let me put it another way. If you're China, and you want an importer to buy your stuff, and you know there is a new tariff, what do you have to do to the price of your goods to make the importer buy your stuff?

Mac1958: "Uh, keep prices the same?"

It's no damn wonder you leftwingers are poor.

Who writes the tariff check?

Last try.

 

[Mashmont]

Who writes the tariff check?

Last try.

Me: "Hey, Mac. Remember when your mom gave you a five and sent you to the store to buy a gallon of milk? Who paid the sales tax?"
Mac: "I did. I handed the five to the cashier."
Me: "No, Mac, your mother gave you the money to give to the cashier. SHE paid."
Mac: "No. I was the one who handed the money over. I paid".

This is what I'm up against, folks.

 

[Papageorgio]

Well then it’s inaccurate. The great man’s tariffs will close the gap.

No it won’t, we just passed a spending bill that will add $2 trillion to the debt, tariffs will help but it won’t pay down debt, it will continue to get bigger like it has with every President since Coolidge.

Today’s Republicans spend almost as much as Democrats. The debt issue is going to continue to grow until we cut spending in all areas and we raise taxes on all Americans but that is unpopular so it won’t ever happen.

 

[Mac1958]

They really don't know.

 

[my2¢]

I see it as a rather sad joke when I read here about the death of the Democrat Party. Hardly a word is spoken concerning the death of the Republicans who once stood for fiscal responsibility, free trade, and free enterprise. Obviously as the Democrats abandon their weirder-and-weirder party over the years there's only one realistic place for them to go, and they've brought along their left-of-center ideals. My how conservatism has changed. In some regards find it good, but unfortunately when it comes to money management it certainly wouldn't be recognized by Everett Dirksen.

 

[Mashmont]

They really don't know.

Mac's mom: "Here's $3.25 for a jug of milk"
Mac: "But a jug is only three dollars. Why not give me three dollars?"
Mac's mom: "I'm giving you extra to cover the sales tax."
Mac: "Why do I have to pay sales tax"
Mac's mom: "I'm paying the sales tax."
Mac: "No, you're not. I'll be the one giving the cashier the money".
Mac's mom: "Sigh! Where's your brother?"

 

[Mashmont]

No it won’t, we just passed a spending bill that will add $2 trillion to the debt, tariffs will help but it won’t pay down debt, it will continue to get bigger like it has with every President since Coolidge.

Today’s Republicans spend almost as much as Democrats. The debt issue is going to continue to grow until we cut spending in all areas and we raise taxes on all Americans but that is unpopular so it won’t ever happen.

The tariff income will slow the growth of the debt, then ultimately stop and reverse it.

 

[Winco]

Does the debt clock take into account this great man’s tariffs and the vast income that will result?

So NOW you love extra taxes on your purchases?

Tariffs are a TAX on the American Consumer.

 

[Mashmont]

So NOW you love extra taxes on your purchases?

Tariffs are a TAX on the American Consumer.

Other countries are eating the taxes.