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Jay C3/02/2018 8:26:27 am PST

re: #360 Blind Frog Belly White

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Okay, so you get a $1000 bonus, of which you maybe take $750 home.

Trump puts a 25% tariff on steel, which raises the cost of your new car by $350. Thereā€™s half your bonus gone.

Crook or hack as he may be, Secā€™y Ross isnā€™t stupid: that the main effect of the ā€œTrump Tariffā€ is likely to simply be slightly-higher prices for manufactured goods using imported metals (and of that ā€œtonā€ of steel used in making a car, the tariff will only apply to the imported portion) was something that could have been predicted well in advance. That these import taxes will - as the Orange Anus predicts - somehow spur a significant increase in domestic manufacturing and those JOBS! JOBS! JOBS! he loves to blather about is -at best - a dubious proposition. From the get-go. But of course, the actual effects of the tariffs was probably always a secondary priority: Priority No. 1 is the same as itā€™s been all along: getting fawning, laudatory media coverage for the Moron-In-Chief.