The $2,000 Tariff Check Disaster No One Is Telling You About
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Why you do not want a tariff check. First and foremost, Republicans, Republican senators are well aware that this $2,000 tariff dividend check is not good. It will add massively to our national debt. Again, I’m all for tax cuts, but
This is not a tax cut. Trump wants to hand out, at he says, like I said, I don’t know if he’s gaslighting us here, wants to hand out big checks to millions of American families to help offset the higher costs of and do in part to steeper tariffs on imports from around the world, which completely contradicts his point. We’ve already gone over this here on the program. Now, politicians are thinking to themselves, hmm.
This could be, this could come in handy for my reelection bid. Yes, it could come in handy. We start handing out money and I could go home to my district and help take credit for this. Senate Majority Leader John Thune said he would like to see the revenues collected from higher tariffs be used to pay down the national debt, which has ballooned to $38 trillion.
First, Senator Thune knows this, we first have to balance the budget. How do you pay down debt when you’re going further into debt? Again, I give you Washington, DC. Why you do not want a tariff check? If it gets to the point in time where they’re handing out tariff checks,
our economy is most certainly gonna be in the toilet. I’m just telling you. That it’s again, it’s a balloon that’s been floated right now. It’s kind of like in case of bad economy, break glass. In case of bad economy, break glass, just dump cash on the American people to goose the economy. Sound familiar? yeah, they did that during COVID.
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Again, I talked about this on the program. I remember.
listening to sports radio in New York, they’re living in Long Island at the time, and the commercials running on air. bring your stimulus check down to so and so jewelers and take advantage of our special deal and all this BS. And we can even go back further. I’ve written about this, I called it the Incumbent Protection Act. That was one of the last things that George W. Bush did on his way out.
the door leading to Barack Obama. At that point time, Nancy Pelosi was basically running the country. Pelosi was basically running the country after she got put in a speaker of the House. All done. That was a massive Republican wipeout in 2006. Bush.
He was he was so beat now back in 2006. I remember him giving the speech, you know, praising Pelosi and her family and all this stuff while giving her the gavel. Yeah. Anyway, yeah, you do not want a stimulus check because if you’re getting a stimulus check, bad stuff is happening here in our country. A little bit more on the tariffs.
Just because a politician, well, you may automatically assume if a politician, I don’t care if it’s a donkey, I don’t care if it’s an elephant, if their mouth is moving, okay, they’re more than likely lying to you. I don’t know where Donald Trump gets his numbers from. I’m sure he has people feed him all sorts of lines of bull, but we have not taken in trillions of dollars in tariff revenue.
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Just hasn’t happened. trillions of dollars haven’t come in. So far this year, it’s been $195 billion in total. Total tariff revenue has been $195 billion. $117 billion of that are his new tariffs that have been added on. Those are the numbers, okay?
If you don’t believe me, look it up.
The other number, yesterday, Scott Bessent being interviewed by Brett Baer. Scott says the president is comfortable saying, comfortable saying, you know, $20 trillion in new investments coming into the United States from all of these countries you had yesterday, Saudi Arabia, oh, it was 600 billion, now it’s a trillion.
Saudi GDP, again, the entire GDP of Saudi Arabia is about a trillion bucks. Okay, that’s what it is. Granted, I’m sure they got plenty of capital sitting on the sidelines. And again, they have no problem investing money, but they’ve been investing money in the United States for a very long period of time. My father-in-law used to work for the Saudis when they owned the Plaza Hotel.
in New York City. Take a look at all these apartments that are bought up in many of these sky-rise buildings in New York and Miami and other places. They’re empty most of the time. They just park cash into these pieces of real estate. All of this, this $20 trillion number, okay, they are promises, okay? There’s been no letter of intent.
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They haven’t signed on the dotted line. These are not countries planning on taking taxpayer money and investing in the United States. These are private companies from around the globe that may or may not invest in the United States. And you’re going to get them to invest anyway, as long as you can keep energy costs low here in the United States. It’s a good environment.
For doing business, you’ll attract businesses automatically. That’s always been the case So that 20 trillion dollar number people, okay, it’s
It’s a bit of a pipe dream If you will but anyway, anyway, i’m just marking my words, okay, you’re getting a two thousand dollar trump tariff check It’s gonna be ugly out there watch dog on wall street.com
