Trump Opponents Should Point Out the Price Inflation His Tariffs Will Cause
We all remember the very bizarre moment back in 2019 where Trump was speaking at that year’s CPAC and he was attempting to explain the Great Tariff Debate of 1888 and how his tariffs could, like those of the Republican Party’s back then, bring in so much revenue that the government would not know what to do with it. Needless to say, the much smaller federal budget as a percentage of America’s GDP, the much smaller debt to GDP ratio of America in 1888, nor even the fact that there was no income tax back then, did not enter the equation during this APUSH moment on the 45th’s part. That being said, 1888 is not a completely irrelevant year for Trump, as it was basically Grover Cleveland’s equivalent to the 2020 election. He lost to Benjamin Harrison that year, despite ironically losing the popular vote as a Democrat, but came back four years in 1892. He won that election and became the first President to serve two non-consecutive terms. He was thus the 22nd and 24th President in the s...