Donald I, emperor of the world.

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briantrumpet

Regular
Here's a little puzzle. This quote is from the editor of which magazine?
Watching President Donald Trump’s Rose Garden performance yesterday, it was hard to believe what I was seeing: flawed economics, inaccurate history and cockamamie calculations used to justify the most wrong-headed and damaging policy decision in decades. Mr Trump’s “Liberation Day” was more like ruination day... Almost everything Mr Trump said this week—on history, economics and the technicalities of trade—was deluded.

Spectator?
 

Ian H

Legendary Member
Spectator?

Nope. Not Gove.
 

Stevo 666

Regular
Yes, I would agree that we have been given a lesser tariff which may have a lesser impact. Your point though was not to simply state the lesser tariff, but rather to highlight it as a specific benefit of Brexit. If you highlight a benefit, it is also apposite to highlight a drawback.

If you look at the stats, UK overall exports to the EU have increased post Brexit.

https://www.statista.com/statistics/551045/united-kingdom-uk-exports-of-goods-and-services-to-eu/
 

stowie

Well-Known Member
Oh, OK. I think they've been reasonably clear-headed with Trump, from bits I've seen... haven't they?

Even Mike Pence is calling it out.

View attachment 7767

It is a tax-hike that will hit consumers, with an indirect hit on pensions if the stock market falls in response. I expect middle-class and working-class consumers to be hit the most since they spend the biggest % of their income on non-discretionary items. Meanwhile the government rakes in the tariff money, and I expect it will be used to provide tax-cuts to the wealthiest.

It could turn out to be another transfer of wealth from middle and low earners to the wealthiest with a tax hike that doesn't make what is happening too obvious.
 
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