Comment by mk89
7 days ago
I am not an economist but I see two things 1) usa has a huge debt, 2) this feels a lot like VAT applied on a federal level, without calling it VAT. Ok "VAT on imports". Why not.
Obviously this is being sold as a trading surplus BS, etc, but if you look at EU, the surplus is ridiculously low when you consider goods and services (something like 50B).
I don't think it's the worst idea ever, I just dislike the useless hatred that this guy is spreading around and all the idiots believing him. But hey if he hadn't done it, people would have said he is a socialist :)
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