That’s what I don’t get: why, with tariffs, do we not have inflation? Somebody tried to explain it away with the reasoning that he wasn’t applying tariffs to consumer goods. What about the “trickle down” effect? How can increased wages and increased tariffs not result in increased costs? Does the supply-sider support nullify those things? P.S. I bet your investments are still relatively OK.
Some things such as automobiles and large appliances have increased a little because of the steel, but other things haven’t been affected much yet. You’re right, an eye needs to be kept on inflation. Having things made in America will cost more for consumers, but with the tax breaks people will have a little more in their pockets, and more Americans will actually have jobs!