Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "David Pakman Show"
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Poor Finian, if the Trump and the Republicans do that, they will increase the national deficit to a record high. As a result, interest rates will spike, and the rest of the economy will suffer for it. Then, Trump will blame the Federal Reserve Banking system, and say things like the Federal Reserve Bank is not being fair to me. Just like how he complains about the media not being fair to him. The Federal Reserve Bank's job is to adjust interest rates to stop runaway inflation and deflation. Donald Trump is blaming the media for reporting the news which they are suppose to do. The mainstream media is doing their job, and Trump doesn't like them because they are reporting the facts about him. Trump complains about the F.B.I. investigation, because it is directed toward him. This is why Trump is just a big baby, if he does not get his way he whines about it.
You can't just do whatever you want with the monetary policy of a country and not expect consequences for those actions. Bailing out farmers by buying their excess production of goods will be a total waste of money. Agricultural goods have a expiration date, and people can eat so much food in a given amount of time. If the government bought the farmers crops and sold it to the open market, it will cause the price of farm products to drop.This will make it worse for farmers.
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There is no alternative for those chips, so if a 500% tariff is put on those items. Companies will pay it, because they need them to produce smartphones, computers, microcontrollers, industrial computers, single board computers, routers, network equipment, video game consoles, and other electronics.
The only thing this is going to do is make your smartphones, computers, and electronics more expensive.
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Things that will work.
1. Increase the BATF guns and ammo tax to 50%, and 5% per year. This will make guns more expensive to buy. Compound interest is the most powerful force in the universe. Let's say a gun costs $500 today, and this tax is levied.
In the 1st year, it will cost $750.
2nd year, it will cost $787.50
3rd year, it will cost $826.87
4th year, it will cost $868.21
5h year, it will cost $911.62
2. Make it easier for people to sue gun companies. Bankrupting gun companies will limit the supply of guns.
Things that will not work.
1. A national gun safety test, because firearms ownership is a right. It is protected by the 2nd Amendment.
2. Licensing fees for guns. That is unconstitutional, because under the 2nd Amendment you have a right to own guns. Owning firearms is not a privilege, it is a right.
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