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So. Tariffs.
What is a tariff? It’s a tax placed on foreign items, to be put simply.
Why are they bad? More money for products = less products being bought = less jobs as people get laid off = more poverty.
Or, more money for products = people going into debt = more poverty.
Or, more money for products = people skipping over (sometimes necessary) products = people less able to stay healthy = medical bills = more poverty.
Do they work? No.
How do we know? The Great Depression.
Am I sure? Yes.
Are they good for anyone? No.
Are they good for any economy? No.
Was putting Trump in office a good idea? No.
Are people going to suffer because of his policies and his actions?
Yes.
Wealth has a way of bending the rules that others are expected to follow.
When money talks, the dress code gets quiet. It’s a double standard that says a lot about who society chooses to take seriously.
A Call for Critical Thinking
As the trade/tariff situation continues to unfold, American citizens are being warned of potential economic hardship. Phrases like "some pain" and "temporary hardship" downplay the severity of the situation. Seriously, Elon Musk was quoted as saying that last phrase. However, history reminds us that such language can be misleading.
The Great Depression, which lasted over 10 years, is a prime example. By definition, it was indeed a temporary hardship – but one that had a profound impact on generations. This historical context urges us to think critically about the language used to describe economic challenges. We must consider the potential consequences of such actions and demand transparency.
As American citizens, in fact, all of the world, it is essential to remain vigilant and informed. We should scrutinize the information presented, question the language used, and seek diverse perspectives. Only by doing so can we make informed decisions and prepare for the potential outcomes of this chaotic situation.
#America First, World Last? The Perilous Path of Trade Tariffs, and the potential 'New World Order.'
When "Making America Great Again" Risks Unmaking the Global Economy.
"This scenario is not far-fetched. The seeds of division are already being sown. The United States, under the Trump administration, has pursued a protectionist trade policy that has alienated many of its allies. This policy is based on the belief that America has been treated unfairly by its trading partners and that it needs to put its own interests first."
When "Making America Great Again" Risks Unmaking the Global Economy.
US President Donald Trump has announced sweeping 25% tariffs on all steel and aluminum imports, with reciprocal tariffs targeting countries taxing US goods. “If they charge us, we charge them,” Trump declared, without naming specific nations.
Jon Stewart asks the question of who negotiated the trade deals with Canada and Mexico. To no surprise, it was Donald Trump, the man who hates the deals.