Quotable Quotes

[sear]

"I'm using that as a figure. I'll say 100(%), 200, I'll say 500, I don't care." ~ Trump, describing how big his tariffs will be #1,060

Trump seems to think the percentage of tariff imposed determines the amount of revenue derived.

"If I run this country, if I'm gunna be president of this country I'm gunna put a 100, 200, 2,000% tariff ...
To me the most beautiful word in the dictionary is tariff, and it's my favorite word." former President Trump at The Economic Club of Chicago 24/10/15 courtesy Bloomberg, broadcast C-SPAN 11:50AM/CT

A 2,000% tariff ?
Perhaps the Donold should google Smoot - Hawley.

Tariffs are ineffective as well as counterproductive​

A new study finds that they fail to reduce trade deficits​

Tariffs are ineffective as well as counterproductive

A new study finds that they fail to reduce trade deficits

www.economist.com

- or -

What are tariffs, and why are they rising?

The Hutchins Center explains what tariffs are, how they work, and what's happened with them during the Trump and Biden administrations.

www.brookings.edu

Trump seems to think China would pay the tariff, provide the additional revenue to the U.S. government.
The counter-argument is the consumer pays it.
The reality is, it's not that simple. Shifts in supply results in shifts in consumption, a fundamental of "supply & demand" economics.

 

[Shiftless2]

Trump seems to believe that tariffs are paid by "the other guy" (China or whoever). In fact he bragged about how much China had paid in tariffs - UPenn wants their degree back.

 

[sear]

" - UPenn wants their degree back." #1,062

- ha -
I don't mind revoking the diploma, provided the hospital revokes the birth certificate first.

United States Constitution
ARTICLE 2. SECTION 1. - 4
No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President ...

Dump Trump !