Thread

1. mcmcmc · 1790027665 · focus · HN ↗

   It truly boggles the mind how Trump managed to sell tariffs as anything other than a tax on American consumers

   1. porkshoe · 1790028824 · focus · HN ↗

      He gets away with it because a lot of right-wing elites _love_ the idea of taxing consumption rather than income (or, heaven forbid, wealth).

      Additionally, Trump, Hassett, etc are still blaming Biden for inflation caused by the tariffs... and a lot of their base would rather believe that than admit that they got suckered by an obvious scam.

      1. ch4s3 · 1790033015 · focus · HN ↗

         Populists of all stripes love tariffs and the illusory promise of autarky. We didn’t see Biden remove any of Trump 1’s tariffs and not a single Democrat in congress has committed to repealing the tariffs.

         1. porkshoe · 1790036311 · focus · HN ↗

            [dead]

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