Not to be hung up on the Cato institute but AT LEAST SOMEONE is examining the possibilities in this slow moving train wreck.
Maybe I’m softening my stance against Trumps policies.. I’ll give him credit for Trying.. but.. “it ain’t so easy.”
Cut “wasteful” Federal spending without harming the economy.. and therefore tax receipts.
If you eliminate Foreign Aid.. but tax receipts fall.. have you accomplished anything? See Sorghum market..
Tax imports through Tariffs. Pray that economy doesn’t crash.. and maybe it won’t.. contract.. much.. ???
anywho. Cato lays it out.. with flow charts. (notes are ALWAYS better with pretty pictures and flow charts..
https://www.cato.org/publications/separating-tariff-facts-tariff-fictions
Nice.
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