What dims don’t understand about economics and have caused by pandering
Y’all are missing the point that the end result will be way less trade imbalance increasing the US GNP increasing tax revenues and slowing deficit growth. The point of tariffs and the removal of other foreign trade barriers is to increase the volume of OUTGOING US products thereby achieving the desired result. The short term damaging policies y’all espoused is what caused deficit growth in the first place.
Deficits are the result of two things. Too much spending and not enough income. The dims haven’t cared about income and have consistently raised spending for more than six decades. In fact n half of the spending is impossible to change at all. In addition the dims want to be liked so haven’t raised taxes in US citizens. President Trump has found a way to increase income without US citizens paying more taxes. Brilliant.
Deficits are the result of two things. Too much spending and not enough income. The dims haven’t cared about income and have consistently raised spending for more than six decades. In fact n half of the spending is impossible to change at all. In addition the dims want to be liked so haven’t raised taxes in US citizens. President Trump has found a way to increase income without US citizens paying more taxes. Brilliant.