> So.. Extra tariffs will bring extra tax revenue
In the short term. In the long term, that’s far from clear. The world economy is rather different now than it was when America was a fledgling economy being exploited by the Brits
In the short term. In the long term, that’s far from clear. The world economy is rather different now than it was when America was a fledgling economy being exploited by the Brits
So it may have been good policy back when America was a fledgling economy being exploited by the Brits.
I think this book explains that: https://www.amazon.com/Bad-Samaritans-Secret-History-Capital...