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Trump wants a 45% tarrif on all Chinese imports good idea or bad?
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Quote:No, my solution is to stop raising the debt ceiling and force Congress to lay off of China's boobs. As long as the debt ceiling keeps being raised, Congress has no incentive to stop shoving pork barrel projects through, throwing infinity dollars of imaginary money at the military and giving payouts to failing companies to keep them from going under. That stops any further increases, but the debt still exists. You have to curb the debt, and adding tariffs to trade with China will do that. Don't forget that China also has the ability to join the TPP in a couple years. If they join the TPP, then expect the trade deficit to balloon exponentially. |
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