TARIFF WARS

Pres. Trump imposes tariffs on Mexico, Canada, China, etc. for various goods we import from them. This means they pay the tariff cost, which is then passed on to consumers here.

So those nations then impose tariffs on goods we ship to them, meaning their importers pay us the tariff fees and pass on those additional costs to their consumers.

So why is this a good thing for us? Because we buy one hell of a lot more from them than they do from us, and when we force up the cost of their goods here, that encourages our consumers to buy the stuff WE make instead of the stuff they make, and that improves our economy by keeping our money at home, by expanding our production and creating more jobs. It also increases our rate of inflation, but that’s the inevitable price to pay for reversing our enormous trade deficit that’s draining America dry and is the reason Pres. Trump is doing this.

Those of us on diminishing fixed incomes like myself will bear the brunt of increased inflation as our few dollars buy less and less, this is true, and that’s okay as far as I’m concerned. We have to take our country back from the fascist Socialists if we want to stay free, and this is a necessary part of doing so.

Freedom is never free, and I can’t complain. I don’t have to go to war and get shot at, all I have to do is find ways to tighten my belt.

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