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Re: janice shell post# 493034

Thursday, 09/12/2024 10:08:18 PM

Thursday, September 12, 2024 10:08:18 PM

Post# of 579341
Memo to Vance, Trump, supporters: tariffs are taxes.

It’s true that after Trump imposed tariffs on foreign-made steel, some American steel companies reopened mills and created new jobs. But several studies – like one from the Tax Foundation .. https://taxfoundation.org/research/all/federal/tariffs-trump-trade-war/ .. and another from the US-China Business Council .. https://www.uschina.org/reports/us-china-economic-relationship – say that overall, the US economy lost jobs due to Trump’s tariffs and the retaliatory tariffs other countries put on US goods and agricultural products.

https://edition.cnn.com/2024/09/09/politics/fact-check-trump-vance-tariffs/index.html

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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