They spend less and save more. That is good too. As domestic manufacturing kicks in unemployment goes down. With no deficit the Feds could raise interest rates. Savers would be rewarded. It's all good.
Increasing the cost of consumer goods results in more savings? Who knew?
“They spend less and save more. That is good too.”
Not if your goal is to pay off your deficit by taxing their spending!
“As domestic manufacturing kicks in unemployment goes down.”
Who is going to invest in domestic manufacturing in the middle of the economic downturn caused by your tariffs?
“With no deficit the Feds could raise interest rates. Savers would be rewarded. It’s all good.”
It’s a nice dream you have, but the real world is bit trickier.