US ECONOMY: NEVER BEEN BETTER

Submitted by mo2 on

Any way you cut it, punishing China with tariffs would not work because China does not pay the tariffs. We, the purchasers of the products with tariffs on them, pay those tariffs as part of the higher price we pay for goods that have been taxed with a tariff.

Either Donald Trump is so stupid that he does not understand this basic fact about tariffs and who pays them, or he throws the Boomerang, and it comes sailing back to the US.

OR

Donald Trump understands who pays the tariff and does not care about the US paying the tariffs but hates the US and wants to punish the US all.

We would all be better off if Trump never got his tiny hands on the US economy again. Our Economy has never been better we would not want to rock the boat at this time. The tariffs would certainly mess up the economy. It has a better chance of growing even further with free trade instead of Trump's ideas of trying to hurt China. It backfires and will hurt the US citizens instead. 

It hurts the lowest-wage residents who are struggling more than higher-wage earners. People who are having trouble making ends meet will have even more trouble because of higher prices on the necessities they need to live. Higher-wage earners won't feel the effects of the tariffs that much.