re: Mark Levin on Tariffs

quote:

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Ummm keep up the status quo:

It’s correcting itself as it is,

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No, it’s absolutely not.

Thousands of companies were moving out of the US to find a country with lower tax rates and people they could pay less to produce their goods.

Our freaking GDP growth averaged 1.8% under Obama, and in spite of $5 trillion in Quantitative Easing, we still had the slowest recovery from a recession in history.

The stock market was 17,400 in Nov. 2014, and 17,900 on Nov. 7, 2016.

That’s 2 straight flat stagnant years leading up to the election.

Welfare recipients grew. The middle class shrunk. Exports and imports both increased.

Nothing was getting better. These are all recipes and signs of an impending fiscal collapse.