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‘An economic fallacy’: Rand Paul doesn’t see the benefits of tariffs
politico ^ | May 19 | By Amanda Friedman

Posted on 05/19/2025 1:48:49 AM PDT by RandFan

Sen. Rand Paul attacked the economic logic of President Donald Trump’s aggressive tariff strategy on Sunday — and agreed that the policies raise constitutional concerns.

The Kentucky Republican said Trump’s sweeping tariffs on foreign trading partners are based on “an economic fallacy” about trade deficits and objected to the president’s move to pursue them without congressional approval during an interview on ABC’s “The Week.”

“In the past, the court has allowed these things, but I think it’ll be an interesting thing because most tariffs in our history have been passed by Congress,” he said. “We’ve never had widespread tariffs that have been done by fiat by a president, and I object to that.”

Paul is one of a few Republicans who hesitated to rally around Trump’s “Liberation Day” tariffs on foreign trading partners, which the administration rolled out in early April. But Trump ended up backtracking on the high-stakes levies, issuing a 90-day pause on the tariffs for every affected country except China in April.

...

“Now, we do have a long history, though, of both parties abdicating their responsibility on tariffs and granting power to Congress, which brings up another constitutional question, can Congress delegate powers given to it under the Constitution to the president?” Paul said.

(Excerpt) Read more at politico.com ...


TOPICS: Miscellaneous; News/Current Events; US: Kentucky
KEYWORDS: concerntroll; concerntrolling; paidbyusaconsumers; politicopostedinnews; taxonconsumers; tds; trollfan

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There are several legal cases before the courts on Trump's tariffs.
1 posted on 05/19/2025 1:48:49 AM PDT by RandFan
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To: RandFan

He’d be wrong. In an absolute libertarian world, everything goes to where it is cheapest to produce, including jobs.

Libertarianism can only work within national borders.


2 posted on 05/19/2025 1:52:16 AM PDT by Jonty30 (I have invented a pen that can write underwater. And other words. )
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To: RandFan

Rand Clown should go up to Canada and explain to them why their tariffs do not work


3 posted on 05/19/2025 1:57:54 AM PDT by dennisw (💯🇺🇸 Truth is Hate to those who Hate the Truth. 🇺🇸💯)
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To: RandFan

Government has “Common Sense” with President Trump at the helm !!!!
Before President Trump when was government known for having
common sense????


4 posted on 05/19/2025 2:11:58 AM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them. lol)
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To: RandFan

I don’t see the benefit of Rand Paul.


5 posted on 05/19/2025 2:21:26 AM PDT by roving
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To: RandFan

He loves cheap sweat shop kids labor with no environmental laws.


6 posted on 05/19/2025 2:22:36 AM PDT by for-q-clinton
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To: RandFan

I dont see the benefits of him...


7 posted on 05/19/2025 2:34:19 AM PDT by sit-rep (START DEMANDING INDICTMENTS NOW!!!!!)
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To: RandFan

Pretty idiotic of him to question their usefulness, when he sees all the companies moving manufacturing to the United States, or at least out of China.

Imagine if the court reversed this, and we lose all those jobs, investment, and income?


8 posted on 05/19/2025 2:41:08 AM PDT by Williams (Thank God for the election of President Trump!)
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To: RandFan

Rand is blind, or bought.


9 posted on 05/19/2025 2:45:03 AM PDT by Farcesensitive (K is coming)
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To: RandFan

Rand is a prisoner of his libertarian ideology. His blind commitment to free trade ignores the reality that it only works when trading partners play fair.

Trump, by contrast, isn’t an ideologue. He treats problems like puzzles—testing, observing, adjusting. Whether he realizes it or not, he’s applying the scientific method.

Rand’s ideological bias short-circuits the application of the scientific method—distorting observation, skewing interpretation, and blocking objective reassessment. His libertarian rigidity blinds him. He can’t grasp Trump’s approach precisely because it isn’t ideological—it’s practical.


10 posted on 05/19/2025 2:54:18 AM PDT by RoosterRedux ("There's nothing so inert as a closed mind" )
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To: RandFan
There are several legal cases before the courts on Trump's tariffs.

Stupid comment.

The Democrats have filed legal cases on every Trump action where they can find a judge to hear it. Does that confirm Rand's positions as good?

11 posted on 05/19/2025 2:58:04 AM PDT by RoosterRedux ("There's nothing so inert as a closed mind" )
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To: RandFan

They handed the power of tariffs over to the President and they also allow all these institutions like the EPA etc to make up rules and regulationsvice laws which is congress’s job.

Put bluntly Congress is incapable of doing it’s job and that’s why we’re nearly $40 trillion in debt which we will bein the next year or so if not sooner.


12 posted on 05/19/2025 3:09:53 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: RandFan
I don’t know what an “economic fallacy” is.

Any trade or tax policy is designed to accomplish one or more objectives. I guess you can say the Trump tariff policies are a “fallacy” because the objectives are all over the map and often contradict each other. But we knew there wasn’t a lot of thought put into any objectives when you had senior administration people running around claiming that these tariffs would result in hundreds of billions of dollars in revenues AND a massive relocation of industry from foreign countries to the U.S. These could not happen simultaneously — by definition.

13 posted on 05/19/2025 3:19:44 AM PDT by Alberta's Child ("The gallows wait for martyrs whose papers are in order.")
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To: RandFan

Rand’s liberal-tarianism is just an excuse to help his bros and the republican party’s bros, the democrats. The republican party in Washington is worried sick about their democrat buddies. The communists aren’t doing so well right now.


14 posted on 05/19/2025 3:25:52 AM PDT by McCarthysGhost
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To: Jonty30

So when the companies that have pledge to bring some of their manufacturing to America begin to materialize , what will Paul use as the rationale for it? When he looks at a budget surplus of 1 trillion dollars , where did he thinks that comes from?


15 posted on 05/19/2025 3:33:12 AM PDT by MrRelevant
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To: RandFan

When ideology overrules common sense you get this type of thinking.


16 posted on 05/19/2025 3:51:56 AM PDT by CIB-173RDABN (I’ll take a wait and see...)
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To: MrRelevant

If he’s a purist, he’ll claim that paying more is a tax.

Personally, unless your source of income is completely independent of everybody else, you should have vested interest in ensuring everybody can have a job, even if it means paying a bit more.

Ultimately, if the lowest jobs have to keep dropping their wages to compete with slave labour, those at the lowest won’t be spending money that allow those who are more fortunate to have higher incomes. Eventually, we can’t pay millionaires for them to be millionaires.


17 posted on 05/19/2025 3:56:01 AM PDT by Jonty30 (I have invented a pen that can write underwater. And other words. )
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To: RandFan

Senator Paul - tell that to China and every other country that’s been using them against us.


18 posted on 05/19/2025 3:56:56 AM PDT by neverevergiveup
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To: RandFan

Sadly, he has squandered every single ounce of respect he had ever held and exposed himself fully as a globalist.

He is dead to me.


19 posted on 05/19/2025 4:04:14 AM PDT by rlmorel ("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)
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To: dennisw

rand made a friend with political how nice


20 posted on 05/19/2025 4:12:08 AM PDT by ronnie raygun (t)
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