Do you think congress may have forgotten how their job works? Like I remember learning the importance of congress in middle school. Power of purse and all that. Why is the congress petitioning the president for legislation? Can we please replace the congressmen who don’t understand what their job description is? Every day in the news its just “Legislator asking someone else to do their job” “Legislature confused on how laws are made” “legislator claiming the presidents office is just better at making laws”
I cannot defend the population that cannot understand that a tariff is consumption tax. But like maybe 20% of us still do. And that’s like 70 million people.
Well heres a far left economist who says they are basically a VAT tax. However he outlines that exporters do absorb some of the cost, but its mainly been US business absorbing the tariffs.
https://www.youtube.com/watch?v=TJYqvK_oVN8
If you’re a left leaning person isnt that good, cant the government now distribute that money and cut less programs, as corporations absorb much of the cost? Obviously the Trump tax cuts are where much of it will be going, but if a left leaning politician did it and removed those tax cuts wouldnt it be a net positive?