So are you wealthy than Donald Trump? Yet you are implying you know more about money than Trump.
We had tariffs from the inception of our free republic in 1787 until late 1996 with the passing of NAFTA. As a matter of fact it was tariffs that funded the Federal government. Hence, there was motive to let people and business within the United States be free to generate more tax revenue for the Republic. Under the previous trade system that the Globalist hate the United States became a super power. We became number one in many things. Today we still have true free trade between the States.
The rigged trade command and control system this professor, who never ran a business, is pushing for has been tried and it has led to the collapse of our Republic. We cannot continue to pay tariffs to China while they pay nothing to us. It will continue to drive all businesses out of our country. Ditto the currency manipulation China does too when we are export too much to China We have tried this for 20 years now and it has turned into a disaster. Our Republic was stronger in 1996 when we were still feeling the ripple effect from the Regan tax cuts in the 1980s.
I don’t think I know more about money than Trump, but Milton Friedman knew more about liberty than does Trump.
I'm talking economics not money. There are a lot of very, very rich liberal marxist-leaning people out their who are working hard to elect Hillary Clinton. They are big money makers and the policies they promote would ruin. They know money. They don't know economics and they don't like freedom.
Don't confuse building an empire like Trump has with having a deep understanding of economics and foreign trade. Different skill set altogether. Trump understands how capital works and he understands what his customers want. He won't like foreign competition for those customers. I wouldn't either. But that doesn't make him Milton Friedman.
Sorry to disagree. You are with a 99% to 1% majority here at FR. I understand that. I don't expect to win the argument. But Freepers need to know that there are some pretty smart people who we respect here that disagree with the Trump Pro-Tariff policy.
We need to be clear on the fact that the U.S. Treasury is not only still collecting tariffs but it's raking in more money than ever. Just last year alone America collected more than twice the tariff revenue than all the tariff revenue collected tor the first century "from the inception of our free republic in 1787 "
Many people don't seem to understand that when we cut tax rates, the tax revenue increses.