I don't think you really know whether the tariffs are going to work or not. It's not hare-brained, as you say because it has two purposes: 1) To attempt to bring manufacturing back home and 2) To raise capital in order to pay down the debt.
If you look at the debt clock, 2 is working. As for 1, it's a long-term project and you're being too impatient. Also, you are subject to the mass media hand-wringing propaganda that states that everything Trump does is automatically terrible because Trump. It's childish and nonsensical to think that way, however. We need people who think outside of the box and it's not like Trump came up with "tariffs" by himself without the input of smart economist thinkers.
The point is, you lack the big picture.
On point #1, if the US ends up in a shooting war with China (because China is expansionist) it would be very bad for us if we are unable to manufacture critical supplies, particularly semiconductors, whose manufacture is concentrated in Taiwan, a brittle and untenable situation for the entire western world.
Be a crybaby and downvote me now, or listen and learn, your choice. I agree with the rest of what you said, btw--the whole article is just bs.
Only if you look at debt clocks based on government numbers. If you look at debt clocks based on independent estimates, you get an increasing deficit in 2025.
1. is obviously not a long term project because of the flip-flopping and arbitrariness. Tariffs change every month so nobody is doing any long term planning.
I guess I'm a crybaby for disliking your dumb manipulation thing at the end. Oh well.
As for your big picture items, #1 does not seem to be targeted correctly for that goal, and #2 is a really bad way to structure a general revenue tax and instead we should do things like not pass huge tax cuts.
This is just hermeneutics for Trump. One person is setting the tariffs, and it's pretty clear he can be bribed to reduce them. Any rationale for tariffs goes away at that point.
If you look at the debt clock, 2 is working. As for 1, it's a long-term project and you're being too impatient. Also, you are subject to the mass media hand-wringing propaganda that states that everything Trump does is automatically terrible because Trump. It's childish and nonsensical to think that way, however. We need people who think outside of the box and it's not like Trump came up with "tariffs" by himself without the input of smart economist thinkers.
The point is, you lack the big picture.
On point #1, if the US ends up in a shooting war with China (because China is expansionist) it would be very bad for us if we are unable to manufacture critical supplies, particularly semiconductors, whose manufacture is concentrated in Taiwan, a brittle and untenable situation for the entire western world.
Be a crybaby and downvote me now, or listen and learn, your choice. I agree with the rest of what you said, btw--the whole article is just bs.