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To: central_va
Really? The only thing that will go up are goods and services made/created overseas. What part of the average persons budget goes to buying durable goods?

You said:

A 20% across the board import tariff balances the Federal budget tomorrow.

Now suddenly it's only "durable goods", and only from overseas.

STOP MOVING THE DAMNED GOAL POSTS!

101 posted on 05/06/2016 8:16:28 AM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: tacticalogic
Nobody is moving anything.

By definition domestically produced goods and services are not tariffed. Not every good and service that we buy is imported - not yet thankfully. The USA imports $2.7 Trillion in goods and services every year FROM FOREIGN COUNTRIES. A 20% tariffs raises $540 Billion and balances the budget tomorrow.

102 posted on 05/06/2016 8:22:21 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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