Donald Trump is about to learn the hard way that when you raise the price of a thing, for instance with historically high tariffs, people usually buy less of said thing, which in turn leads to less tax revenue
It's Econ 101, but for dummies, and real people will get hurt in the process
It's Econ 101, but for dummies, and real people will get hurt in the process
Reposted from
Joey Politano🏳️🌈
Michael Scott "I DECLARE BANKRUPTCY" energy
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If you reduce the revenue of your farmer they pay less tax.
It's dumb. But he's dumb. So to the extent that he believes in *anything* other than bullying people, he probably believes it.