Tuesday, June 26, 2018

Tariffs: Actually, Foreign Aid

A commenter who knows what's going on hits it out of the park with one swat over at Owen's place.

...Since WW2 the U.S. Congress (both parties, by the way) has been intentionally using lop-sided trade agreements and trade policy as an unofficial means of effectively increasing unbudgeted and off-the-books foreign aid....

A national "constitutionalist" radio-screamer views tariffs as "taxes" on US citizens.  He doesn't tell you the reality voiced above:  in fact, our "export US cash" system is just foreign aid by other means.

Trump gets it and like most of us, he's sick of it.

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