
Originally Posted by
Eve1
The argument is that the tarriffs on steel with help shore up jobs of what 145,000 people but it will likely will upwards of 800,000 lost jobs in other sectors. I don't know about you but the math doesn't look favorable to me.
Anyway this was tried by George W Bush in 2002 on a narrower bases and it didn't work and after 20 odd months, it proved a disaster. I suppose as this will have a broader base so the effects of it will be seen sooner rather than later. It really pays to know ones economic history. I don't think Trump does however which makes me wonder what the hell he did study because it sure as hell wasn't the economics i know.