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If the country gets rich from tariffs why stop them?

• rvnx 2y ago
  This is where I don't follow Trump's logic. Trump and Musk were claiming that the US will push super high tariffs, that it will make the US rich, and hinting that it will maybe even be possible to suppress the income tax.
  • partiallypro 2y ago
    Musk to his credit is pretty anti-tariff, and has touted a 0% tariff environment with Europe. It's Navarro and Lutnick that are the devil's whispering into his ear on this policy.
• RevEng 2y ago
  Because it's not the country getting rich - it's the government getting rich from its citizens. It's another form of taxation, but one with no plan and crazy fluctuations day to day that affect first and foremost businesses, who will put off investments are start layoffs in order to make themselves more resilient to the chaos, which affects the whole economy. And this long term downturn in the economy doesn't make the country rich, but rather poor. If what Trump was saying about making the country rich were true, then sure, why would people complain? But it's not true; just a lie told to placate his followers. It's another version of "diamond hands" or "ride the dip" that you hear from people pumping and dumping crypto stocks.