Tariffs are taxes on the overall population. The U.S. is broke. Consumer prices are skyrocketing. Individual citizens are the only entities which have any true income, or for that matter any genuine assets. In order to survive, the government must find ways to bleed what is left in resources out of the general population. The only other solution is to start closing Federal Agencies or cutting salaries of Federal employees.
Tariffs can be described as a benefit, and guess what? A huge portion of the population can be duped into believing that they are. I have this saying. Never trust a politician, billionaire or broadcaster, Tariffs work against you, despite what these types say.
How is this possible in a democracy? As I say, democracy is the wrong system for a people who trust leadership. Americans hang on every word coming out of the mouths of the powerful. It is as simple as that. Add to that a number of misguided myths that purvey the national consciousness, as follows. here are a few. Continue reading
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