Can tariffs curb inflation, or do they invite radical economic alternatives?
|
Listen To This Story
 |
Trump’s 2024 election win partly relied on complaints over inflation, like skyrocketing egg prices. However, his tariff-focused strategy to protect American businesses may raise costs further by limiting foreign competition. This will lead to even higher prices for staples — eggs, bread, meat — undermining his anti-inflation stance. This convoluted approach bolsters arguments for socialism or communism, where some essentials are subsidized, ensuring affordability. While tariffs appeal to nationalist voters, they risk alienating those demanding lower grocery bills.
While you’re here enjoying Ted Rall’s latest cartoon, please take a moment and read articles on related topics:
- You Break It, You Own It: Don’t Let Republicans Blame Trump Crash on Dems
- Banning Marine Le Pen From Future French Elections Could Backfire
- All Ted Rall cartoons at WhoWhatWhy