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To: arrogantsob
All taxes lower economic activity.

Import tariffs are different they stimulate domestic economic activity and reduce foreign economic activity. win - win for us!

52 posted on 12/04/2018 4:57:17 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

Tariffs also repress economic activity. That is what I am saying: you do not recognize any negative economic impacts of tariffs.

Look at our railroad building in the 1800s, it was much more expensive and took longer because of tariff on Iron. It clearly benefited the iron industry but it hurt many others.

A tariff is a political tool and a disguised tax on all who are not the specific beneficiaries of the protection.

Trump has made it clear that a tariff is a step along the road to real free trade, it is not an end in itself because of it’s economic benefits. It is a POLITICAL tool which can be used to bludgeon other nations towards free trade.


53 posted on 12/04/2018 11:28:23 AM PST by arrogantsob (See "Chaos and Mayhem" at Amazon.com)
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