The case FOR #tariffs - in one article: zerohedge.com/markets/your-dis…

#Billionaires (other than #Trump, it seems) have a difficult time answering questions like “What happens when we run out of middle #American towns to gut?” and “How has your quality of life been negatively #impacted by #monetary policy over the last 20 years?”
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The reason they can’t answer these questions is because they don’t have any idea. Monetary policy helps them accrue more #wealth and #power, and they don’t live in middle #America. But if you take a trip to a place like Flint, Michigan, or Bethlehem, Pennsylvania, the answers to these questions become a lot clearer.
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The direction the country was heading in monetarily and fiscally was simply #unsustainable. #Deficits too big. #Debt skyrocketing against #GDP. #Wealthgap accelerating. Drug and alcohol addiction ravaging cities.

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We were walking a path that decimated the lives and the purchasing power of the people who need it most and took American #jobs away from people who needed them the most.
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Worse off, it made the United States #dependent on adversaries like #China to simply go about our day-to-day. When global supply chains were cut off during #COVID, it was obvious that our quality of life was 100% dependent on #imported goods—everything from consumer electronics to clothing to the ingredients used in pharmaceuticals.
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Recalibrating the country away from being dependent on adversarial nations is not a simple and inconsequential thing to do. On the contrary, it’s about as consequential of a decision as we can possibly make, alongside of trying to get our fiscal house as a nation in order.

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Consequential means #change. Change means #discomfort. Discomfort requires #courage. On a positive note, to me, it seems like the first time our government has taken more than a 10-day outlook on the future of our nation.

#Independence #Liberty #economics #globalism

Your Discomfort Means It's Working

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

^{Tyler Durden (www.zerohedge.com)}