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To: central_va
Your assumption is that Americans will consume the same amount on foreign made goods.

My assumption is that Americans will have less money to spend on all goods.

They will spend the same amount but get less product.

That's called a lower standard of living.

The tariff will balance the budget

Which tariff?

balance trade deficits,

Why do we need to do that?

secure the dollar

Huh?

and increase buying power.

"They will spend the same amount but get less product"

You're contradicting yourself in the same paragraph.

137 posted on 08/17/2016 3:01:50 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot
That's called a lower standard of living.

It is called inflation. Consumption taxes are better than income taxes. Tariff being the premier consumption tax. We have to pay the piper now, to wait means to lose everything; But Free Traders can't see that. No instead they will run the USA into the ground and start GD II followed by full blown socialism. I didn't say repatriation of industry and ending insane Free Trade(de industrialization) would be painless.

139 posted on 08/17/2016 3:34:21 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Toddsterpatriot
Gee why are trade deficits bad? Are you an idiot? The Democrats got the budget deficits and Free Traders have their trade deficits. Birds of a feather.

PS: Balancing the trade deficit will strengthen the dollar so imports will eventually cost less over time. It will take a while to correct the damage that globalist anti American trade policies have done to the USA. There will be pain.

140 posted on 08/17/2016 3:38:06 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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