3 ms·
This president single-handedly raised tariffs on goods from all over the world.
by UncleOxidant 10d ago
This president single-handedly raised tariffs on goods from all over the world.
- jameslk 10d agoHigh inflation and large debt preceded the tariffs. That said, the tariffs didn’t help either. That’s why I said largely Ultimately the president is enabled or constrained by laws enacted by congress
- RickJWagner 10d agoYes. It is a tax. He raised a tax. You might argue it is inflationary.
- carefree-bob 10d agoBy that logic, interest rate hikes should be inflationary. It is highly unusual to argue that taxation is inflationary since the whole point of inflation is to reduce demand.
- RickJWagner 9d agoThe whole point of inflation is to reduce demand? Please further explain, including your ideas about causes and effects.
- tmountain 9d agoYou might argue it is illegal.