Comments by "justgivemethetruth" (@justgivemethetruth) on "Paul Warburg" channel.

  1. I think you are missing it.
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  2. The point of tariffs is Donald Trump's attempt to remove taxes from the rich altogether, and put the tax burden on the backs of workers and consumers. It's really that simple. He wants to do away with taxes altogether.
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  3. 5:00 - Smoot-Hawley Tariff Act.
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  4. The real problem behind of all this stuff is that China is rising, and it is rising for many reasons, but one of them is their system of government. We hear a lot about how China's Communist Party is so repressive, and they are for certain issues, but China is also very proactive in prohibiting and punishing corruption. They are excellent at incentivizing new business and they have made more progress and growth in such a short time and they have pulled their people out of poverty and into the future faster than anyone. We in America cannot do anything about it either. China is showing us up for our horrible inequality and the way we impoverish our people instead of developing them. American society and government has a fatal illness and the people running things here will not make a decisions to pay more taxes or take less profit or give others a chance, so we will continue to decline and we will then continue to rattle the saber so to speak until we either figure out how to fix our country or we collapse. And the difference will continue to get bigger since China is deliberately setting about to educate their people and they have almost four times the population we do. What's more is that these tariffs will not hold because almost everyone knows they will prove a failure, so very few American businesses will take the opportunity to expand industries where it is more expensive to operate in the US because they are afraid their tariff protection will disappear with a subsequent President.
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