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Message
re: Stocks Tank After Trump Announces Stiff Tariffs On Aluminium And Steel Are Coming
Posted on 3/1/18 at 2:25 pm to Cruiserhog
Posted on 3/1/18 at 2:25 pm to Cruiserhog
quote:
Trump just raised the cost of living for every US resident, every consumer/resaler of manufactured goods, every construction company, every aluminum and steel manufacturer. and you think its a win.
uh, SkyScreamerhog, what's the multiplier factor when a US worker spends that paycheck? Heres a 2012 chart showing you what happens when you spend locally vs big box. Local recirculation of monies are 35% more
Now image that on a greater scale as those steel and aluminum paychecks begin going to Americans, and not Canadians, Mexicans, and Brazilians?
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