I support high tariff's immediately. Tax the $#@! out of all imports starting with oil.
Let's get familiar with top U.S. Imports and Exports and hammer out this scenario:
http://www.worldsrichestcountries.co...s_imports.html
http://www.worldsrichestcountries.co...s_exports.html
Thank goodness for U.S. aircraft. At least we can still export something.
1. Price of everything goes up since we import 2.5 trillion in goods.
2. Decrease in retail and service sectors.
3. Unemployment increases.
4. Surge of new welfare recipients.
5. Other countries respond in kind with tariffs.
6. Decrease in exports.
7. Unemployment increases.
8. Surge of new welfare recipients.
9. More companies leave the U.S. because locating in any country other than the U.S. and trading with the rest of the world is better than being located in the U.S.
10. Unemployment increases.
11. Surge of new welfare recipients.
I am liking this cycle. Many people will experience benevolent government. When do we fire up the high tariff campaign? I'm on board!
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