These are the sort of things the poor and middle class voted for. To make the rich, richer. And then turn around and complain that rich are getting richer and they are getting poorer.
These are the sort of things the poor and middle class voted for. To make the rich, richer. And then turn around and complain that rich are getting richer and they are getting poorer.
Corporate taxes have the problem of small business paying much more proportionally than large ones and a flat tax on businesses that rely on cheap foreign labor and goods is deserved.
Trump doesn't get to define all of my opinions by me needing to oppose exactly everything he's done.
The problem with the current political situation is the establishment in both parties w were too cowardly or useless to address real problems which are now actually being addressed by objectively stupid fascists.
And that is the lesson to everyone, get stuff done or get replaced by awful people doing awful things.
And applying tariffs to tools and raw materials when you're supposed to be trying to bring manufacturing back to your country is... well, let's just say any government stupid enough to do that isn't likely to improve things in any other respect.
If tarrifs on imported goods are high then people choose non imported goods (which might be substitutes for goods which can’t be made in America) as there are no tarrifs.
They are dangerous though. If country A stops selling to US it sells cheaper to other countries. It also stops importing from the US (and chooses subsidies).
Overall everyone loses out - at least in theory, as everyone uses worse substitutes.
All tarrifs do is remove foreign competition who have lower costs for a variety of reasons, some which benefit the country imposing the tariff, some not.
Neoliberal approach is to always require the cheapest goods, no matter the cost. That’s not the only approach.