I’m going to put my rich guy hat on and say I hope that Mexico and Canada issue equal, retaliatory tariffs and stick to them for an extended period.
I apologize to all the people it will cost money and the businesses it will hurt.
But it’s the only way for tariffs to be seen for what they are
They. Are. A. Tax. A regressive tax. And the people cheering for them don’t realize that they—not the foreign governments or foreign manufacturers—will be PAYING the difference, and the Fed—not them, not the businesses, not the domestic producers of competing goods—will KEEP the difference.
03.02.2025 00:13 — 👍 0 🔁 0 💬 0 📌 0