yustyoking

Tariff Hell

While Elon Musk chainsaws the federal bureaucracy, firing people left and right, “saving” the American taxpayer millions, Trump’s policies are going to raise the national debt by trillions. Penny wise and pound foolish.

A trade war with America’s most prolific trading partners isn’t going to end well for America. “They’re ripping us off,” complains the president, but when he took office, unemployment was at 4% and we had a robust economy. If it ain’t broke, don’t fix it.

Trump has experienced multiple bankruptcies, only this time, when he bankrupts America, there won’t be any small claims court to bail us out.      

Maybe Trump is just playing with us and isn’t really going to place 25% tariffs on foreign auto parts. He has the playfulness of a child and follows his instincts, so we never know what to expect from one week to the next.

Americans in the heartland love their automobiles. They are not going to be happy when tariffs drive up auto prices, adding $10,000 in sticker shock to new cars. Most dealerships have enough stock on hand to cover sales for 60 to 90 days, but after that, we’ll be living in a world of tariff autos.   

As soon as prices fly through the roof, the American people are going to be furious.

I call most Trump supporters “kitchen table Republicans,” people who sit at the kitchen table in the evening and try to get the household budget to add up. Perennially strapped for cash, they cannot afford to have inflation reduce their purchasing power. These are the voters who blamed the Dems for the rising cost of gasoline and groceries.  

If they were furious with Biden over higher gas prices, just wait while Trump screws up trade with Canada and Mexico. The pendulum is going to swing. Violently.

This is what happens when you populate the highest echelons of government with billionaires. They couldn’t care less about ordinary people who are struggling to make ends meet.

God have mercy on America. Trump won’t.