Will The 2025 Tariffs Destroy The Economy
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Top Comments (10)
No but greed will and it's going unnoticed or disguised as inflation.
You never explained WHY we stopped using Tarrifs in 1913 and switched to Fed Income tax It’s because Tarrifs didn’t work as well anymore because of our natural desire to trade and grow the economy! Simply , Tarrifs wasn’t sufficient source of revenue Tarrifs disproportionately affected consumers and often led to trade tensions. Hence why we switched to a federal income tax to solve this via the 16th amendment
The Smoot--Hawley Tarrifs Act of 1929 was terrible for the economy back them
Japreet, appreciate the honest video. You only missed that it would also bring about deregulation and the impact on the environment. Do we really want to become like a developing country and lower our standards and wages?
Register for my FREE workshop, Win In A Changing Economy: Wealth Building In 2025 - https://briefs.co/workshop Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/5b3f2c WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Only highly Advanced manufacturing can be done here. Our wages are to high for everyday goods to be produced here. I work in manufacturing (Plastics). We can only compete in areas that are critical for our national security.
I enjoy listening to you because you speak in a way that makes me understand. Clear english !
Would have liked to see more historical examples of how tariffs impacted economies.
Thank you for these videos. They've been so informative!
Appreciate your knowledge
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Top Comments (10)
No but greed will and it's going unnoticed or disguised as inflation.
You never explained WHY we stopped using Tarrifs in 1913 and switched to Fed Income tax It’s because Tarrifs didn’t work as well anymore because of our natural desire to trade and grow the economy! Simply , Tarrifs wasn’t sufficient source of revenue Tarrifs disproportionately affected consumers and often led to trade tensions. Hence why we switched to a federal income tax to solve this via the 16th amendment
The Smoot--Hawley Tarrifs Act of 1929 was terrible for the economy back them
Japreet, appreciate the honest video. You only missed that it would also bring about deregulation and the impact on the environment. Do we really want to become like a developing country and lower our standards and wages?
Register for my FREE workshop, Win In A Changing Economy: Wealth Building In 2025 - https://briefs.co/workshop Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/5b3f2c WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Only highly Advanced manufacturing can be done here. Our wages are to high for everyday goods to be produced here. I work in manufacturing (Plastics). We can only compete in areas that are critical for our national security.
I enjoy listening to you because you speak in a way that makes me understand. Clear english !
Would have liked to see more historical examples of how tariffs impacted economies.
Thank you for these videos. They've been so informative!
Appreciate your knowledge