Tax Revenues Post Biggest Drop Since DepressionHey no problem. 'We' just need a modern version of Smoot-Hawley. We can call this one .. Pelosi-Lee (for the two biggest dimwits in the House).
It will put HUGH tariffs, 60% or so, on allllllll foreign imports -- everything from Lead Pencils made in Taiwan to Japanese Steel and Musical Instruments made in China. 'On paper' it will raise tax revenue 1010 as this will put all Americans back to work and strengthen unions and raise wages.
Or... it will make this 'depression' last until 2050 and we'll all be living in boxes and killing each other for food. And we'll be begging countries like Botswana for relief from our National debt.
The Grapes of Wrath by John Steinbeck is a good book to read read right now, gives great hope and perspective, and it's great fun.