re: #360 Blind Frog Belly White

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. There’s half your bonus gone.

$35,000 cars are typical? That’s twice my house, and nearly three times my car.

I’m doing poverty right I guess.

So I have my car serviced and they change the oil filter. Slap a 25% tariff on my oil filter. A new computer gets a 25% tariff on the steel parts in it.

This isn’t going to resurrect the steel industry, but in late-stage capitalism it will allow the rich to cash out.