Dumb Ideas From the Tariff Man

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So to Tariff Man, Donald Trump in New Hampshire. And he is promising to apply across the board tariffs on all foreign imports to protect Americans’ jobs and wages. Tariff Man.

Tariff man doesn’t have a clue. Doesn’t have a clue. So yeah, he’s at his campaign speech in New Hampshire as President of the United States tariffs on all foreign imports and get Congress to pass former representative Sean Duffy’s Reciprocal Trade Act. Now again, I don’t mind that. The Reciprocal Trade Act, I get that.

Someone’s gonna slap a tariff on goods made in, you know, from America being sent over there. I get that. You wanna do a tit for tat with that? I understand that. But having across the board tariffs on anything that comes into the United States. Again, this is about as dumb as the idea is that Mexico is gonna pay for the border wall. Who pays for the tariffs? Everybody think about this.

contemplate and reflect. Okay? Who pays? China’s gonna pay. No, they’re not. China’s not going to pay. You’re gonna pay. This concept is about as dumb as corporate taxes. Again, why are corporate taxes stupid? Does a corporation pay the taxes? No, you do, I do. The consumer, the customer pays the taxes at the point of sale.

corporation gets all of its income from its customers and clients, which is you. What do you think a tariff is? A tariff is a tax on you. It’s not a tax on that country. That is the reality of the situation. He wants to impose 10% tariffs on all foreign imports. Our prices aren’t high enough already? And he’s going to do this to protect jobs here in the United States.

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We have over 8 million job openings right now in the United States. Over 8 million plus job openings in the United States that have not been filled.

Uh oh, it’s gonna bring manufacturing back to the United States. No, it’s not! It’s not. It’s a policy that can be done away with. Let me give you an example.

Again, Tariff Man doesn’t seem to get this. Um, you know, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we, where do we,

They’re not going to last. You’re not going to invest and build a factory on something that will last, if Trump wins four years and then will be done away with eventually. They’re not going to do that. It’s not sustainable. It’s not going to create any more jobs, just as much as diverting money and picking and choosing winners and losers out of Washington, DC is going to actually create any more new jobs. It’s going to go to that whole

broken windows fallacy that I’ve explained before. You know, it sounds good. And he always talks about this too. Yeah, but how the before, you know, before income taxes, America, you know, was paid for its expenses using tariffs. And again, you go down to downtown Manhattan, they have the old big customs house that was there. You’re comparing the size of government, the United States government.

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today with all of the social welfare programs that we have, entitlement programs, we have the military, to the way the country was prior to the income tax. Are you kidding me? I mean, take a look at the size of our military. We had a small, it was fascinating. We had a smaller military, smaller military than Romania prior to World War II. Okay?

Like this is, it’s a tax, okay? Either way, it’s a tax. So now you’re gonna be paying income taxes and now you’re gonna be paying in essence, tariff taxes. So again, you know, don’t listen to tariff man. He doesn’t know what he’s talking about when it comes to these things. Again, it’s pure populist bull excrement. Use your brain, okay? Think about this. How is this gonna? who is gonna pay the tariffs? You are. Watchdog on wallstreet.com.