Please can someone sensible explain to me why the American tariffs are a good idea?

How does this make the already wealthiest economy in the world “great again”? Every export has instantly become more expensive, so less will be sold, and every import has instantly become more expensive for Americans to buy.
No country can exist on its own surely? Do we not all rely on each other to some extent?

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TexChik · F

They are a good idea for America. With the previous inept, corrupt administration, American interests were the last thing they protected, as they spent wildly and stole from the treasury to the point that the country is facing bankruptcy. It had to stop, and the unfair trade margins from friend and foe alike can no longer be tolerated. Now, our trade partners can either remove their hands from our pockets and negotiate new, fair trade deals, or pay more. Tariffs are effective and were employed in the first Trump administration to foster a thriving economy.

uikakarotuevegeta · 26-30

@TexChik you do realize with fiat currency, going bankrupt for a government is impossible right?

TexChik · F

When the interest on our loan payment exceeds our operating budget, we have a problem.

uikakarotuevegeta · 26-30

@TexChik lol print more money and get rid of interest, another social construct; also, the government won't be forced to repay anything it owes to itself lol

TexChik · F

@uikakarotuevegeta In your world, that may be the case, but in reality, it does not work that way. The printing of money, spending, and the lack of any economic plan are why we have crippling inflation and people can not afford to by groceries. It has to be fixed, and our national debt eliminated.

uikakarotuevegeta · 26-30

@TexChik you know inflation is also a social construct that only really has a basis for non-fiat currencies right? If tech and automation can significantly reduce costs aka act as deflation, then that's the way to go...even if it does make many unemployed

I never was a socialist; you're just strawmanning and engaging in ad hominem. And of course you have to block me because you lost the argument; typical pseudo intellectual coward. Please go back to Reddit or whatever echo chamber you came from, if you can't handle differing viewpoints.

TexChik · F

@uikakarotuevegeta So sayeth the socialist