Can someone tell me "why" if tariffs are such a "good" thing for America, especially the working class, then why the market responds so negatively when Trump places them or raises them...???
Elites are in economic control of nations. Elites make policy that favours elites, not workers.
Thank you for your reply....
They aren't a good idea. They were largely abandoned after the 19th centurywhen the result was economic stagnation and expectation of high risk in an investment that could at any time be subject to tariffs. It ended up slowing the economy.
Thank you for your reply.......do you think the middle class will replace the congress and the president supporting them
The market relates to what is good for the investor business class, not joe or mary main street. Not a direct correlation.
Thank you for your reply....since the middle class worker out number the business class....do you think there will be a big surge to rid the congress and the president that are supporting them???