Posts

Showing posts from November, 2025
Show all
Image

Angel Ronan Entwerfen™

Post a Comment
Image

Promotional article from J.P. Morgan Asset Management. The threat of tariffs can be used as a way to open up foreign markets to U.S. exports and, if they work in this way, no harm is done. However, this doesn’t make sense if you simultaneously plan to use them to fund permanent tax cuts elsewhere. A national sales tax is preferred. Tariffs are a little like strikes. You can threaten to go on strike to get concessions. You can even go on strike, temporarily, to achieve some goal. However, a permanent strike is just a bad idea. So are permanent tariffs.

Post a Comment