And the rates are based on totally bogus math, aka the trade deficit, not the real rate. I learned all about this and how tariffs are bad in my very conservative (US) middle school. But no, they just set trade policy based on what some boomer typed into a spreadsheet.
… I don’t even know what to say. But, ugh, we aren’t going to learn from this.
If I explain someone what an electric fence is, they will likely believe me, unless someone else tells them electric fences aren’t really that bad or are made up, etc.
If they touch the electric fence, they’ve learned in a way that no words can convince them otherwise. They’ve experienced it firsthand.
This tariff thing is something the states will just have to learn the hard way.
And I suspect it’s going to hurt.
We learned from the Whig Party and Hoover’s Smoot-Hawley tariffs, but for lack of a better phrase people are retarded.
We already learned it!
And the rates are based on totally bogus math, aka the trade deficit, not the real rate. I learned all about this and how tariffs are bad in my very conservative (US) middle school. But no, they just set trade policy based on what some boomer typed into a spreadsheet.
… I don’t even know what to say. But, ugh, we aren’t going to learn from this.
There’s learning, and there’s learning.
If I explain someone what an electric fence is, they will likely believe me, unless someone else tells them electric fences aren’t really that bad or are made up, etc.
If they touch the electric fence, they’ve learned in a way that no words can convince them otherwise. They’ve experienced it firsthand.
Americans are going to learn the hard way.
Like I’ve said many times this year:
Some people only learn if they are kicked in the dick.