Fed Study Vindicates Trump Trade Policy: 150 Years of Evidence Shows Tariffs Lower Inflation
Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates i...
I said the same thing on p/win and they downvoted to me to oblivion without realizing what President Trump is doing with tariffs.
But keep in mind that the President of the USA does not have the power to levy consumption/VAT taxes or any taxes as far as I know as that is the power of Congress as a separate power.
Tarrifs could be passed on as a consumption tax but not always which is why the Supreme court may rule in President Trump's favor that he has the power to use tariffs to protect the US interests.
Isn’t it refreshing to have a president who didn’t need a political career to be successful and who has the balls to try something different?
I think that is a big reason why all those generals came forward and asked President Trump to run. President Trump can run the political game no problem as he was on the opposite side of the equation for a long time. But President Trump amplifies political double speak to the point it becomes comical and exposes career politicians.
Political double speak is designed to maintain the status quo which is inaction which is a choice of action to watch things progressively become worse.
President Trump is very active or pro active because he realizes you can't rely on traditional discourse to solve these problems.
The globalists realize that putting in several poison pills in legislative action are hard to undo once codified into law. They are using the strength/weakness of Democratic Republics as a way to entrench their crimes and fraud. All type of democracies are designed to be slow moving for changes to avoid concentrated power. But that is also a problem if there is corruption because it is harder and more time consuming to root that corruption out when it takes hold in any form of democracy.