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0 sats \ 3 replies \ @Undisciplined 18 Mar \ parent \ on: Recession Canceled: US Industrial Production Jumps To Record High econ
Sure, but you always have to ask "Compared to what?"
If we all we get are these tariffs, then it's definitely not beneficial. However, if we get tariffs plus deregulation and tax cuts on productive activities, that may well be beneficial.
the tariffs plus deregulation plus tax cuts... will still leave the us with a huge budget deficit. that deficit cannot go on forever because it's compounding and eventually it spells the end of the american empire (if it hasn't already)
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It's not like anyone is seriously contending with that, though.
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which is the issue
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