US Politics |OT|

[Pyro as Bill]

sc94597 said:

Pyro as Bill said:

Trump is 100% right, these billion dollar companies that use tax loopholes to steal poor people's money and exploit the needy should pay more tax.
Nah just kidding but it's great that Trump is teaching people how self harming it is to tax the productive.

The tariffs are clearly a cover for the US to protect supply lines in the event it kicks off with China. Hopefully Trump doesn't become a prophet.

What? Tariffs are infamously regressive taxes on consumption. They're not direct taxes on production. 

One of the things we discovered after two (arguably many more than two) world wars is that the best way to prevent war is to be economically entangled with your adversaries. It's pretty much the basis of "Pax Americana." Disentangling from the world into Autarky makes total war more likely, not less. 

Are consumption and production linked in any way?

If the US loses steel and aluminium production then we'll all ("the West") pay the price. The scariest prospect is that China and US (Chimerica) come to terms and carve the world up. I don't want to see Australia become the new Poland.