The Mudcat Café TM
Thread #173399   Message #4210772
Posted By: Thompson
01-Nov-24 - 10:56 AM
Thread Name: BS: American Presidential race 2024
Subject: RE: BS: American Presidential race 2024
The house always wins. That's why you pay attention to betting odds. Of course, they may be wrong now and then…
The really scary thing is the effect that multiple tariffs and sanctions plus taking the rich out of the tax net would have on the US economy, and on the US's trading partners.
Putting tariffs on imports is liable to be responded to by those tariffed putting their own tariffs on their imports from the US - and so on. Every action will have an equal and opposite reaction.