Rand is wrong on this one. He is a tool of his donors. Panic is the order of the day. It is a time to stay calm and steady. What is the alternative? Allow other countries to inflict high tariffs on our goods and services and we do nothing? We are running an annual trade deficit of a trillion dollars. We are hemorrhaging jobs.
I've noticed people I usually respect going wobbly over President Trump's attempt to restore balance. Rand Paul, Ted Cruz, Thomas Sowell and others have been objecting to tariffs based on the mishandling of them in the past. I believe President Trump is re-leveling the playing field in a world-spanning poker tournament while holding the winning hand.
They need America more than America needs them, so they'll bitch and moan through a few hands before conceding. This beats the Democrat Party way of letting the tiny playground bullies take our lunch money because that was easier than standing up.
We're going to lose a little here and a bit more there along the way, but in the end America will rake in the winnings. We must have the stomach and determination to get there.