Posted on 04/03/2025 12:45:34 PM PDT by SoConPubbie
Vice President JD Vance appears on Fox News this morning to discuss the trade tariffs and the ongoing MAGAnomic trade reset.
The reciprocal tariffs and global trade rebalance are two components of a much larger MAGAnomic policy. Tax structures to the benefit of the working-class, upward pressure on wages and expanded GDP growth are all elements of increasing the wealth of Main Street and middle-class Americans. WATCH:
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In the words of Senator Kennedy of Louisiana (who borrowed from J.M. Keynes,) “In the long run, we’re dead.”
Long term is hard to predict, but right now we have a shaky consumer who is taking a jolt to his 401K, plus we have the typical business leader, like say, the CEO of Illinois Tool Works, who isn’t in position to plan for hiring or capital investments for at least the next couple quarters.
-Long term is hard to predict, but right now we have a shaky consumer who is taking a jolt to his 401K, plus we have the typical business leader, like say, the CEO of Illinois Tool Works, who isn’t in position to plan for hiring or capital investments for at least the next couple quarters.-
Long term is hard so why should we even think beyond six months from now.
“Long term is hard so why should we even think beyond six months from now.”
That’s an important statement because it demonstrates why most people never build much wealth.
The administration needs very much to initiate a fireside chat format pod cast to report for themselves and explain.
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