Trumpenomics – A Disaster in the Making

When it comes to trade, and trade deals, Trump’s low-information following is all about en-1.jpg?width=154their candidate’s plans. They love his tough talk and his bloviations regarding China and Mexico…about how he intends to “make America great again,” by imposing stiff, 45% tariffs on our trade partners if they don’t straighten out and let us win.

It sure sounds good, unless of course, one looks into the details and has a shred of common sense about them.

What Trump is proposing is economic nationalism. America first and to hell with everybody else. If Mexico and China don’t do exactly what Trump and his low-information followers want, Trump…should he become the president, will stick it to them but good with 45% taxes on any products that either country tries to send to the United States.

But that’s not all…

Trump has also made it quite clear that he would also slam high taxes on American companies that have already located in foreign countries or those who are thinking about doing so thus intimidating them into NOT relocating, or making doing business FROM a foreign country so pricey that they will be FORCED to return home to America.

As I said…sounds good to the low-information crowd but…

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Comments

  • i agree, Trumps policies have too many holes in them. Especially his economic plan.Trump knows, he can't do half the crap he says! Unfortunately, too many of Trumps supporters are ignorant, and of low information!

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