Saturday, October 3, 2015

Buchanan Likes Trumps' s Neanderthal Proposal

On this weekend’s broadcast of “The McLaughlin Group,” Pat Buchanan touted Trump's neanderthal idea of putting tariffs on some imported goods.

“His best idea is...tariffs on manufactured goods coming into the country and using that revenue to cut taxes on small businesses across America,” Buchanan said.



  1. But doesn't Ron Paul advocate that the best and least intrusive way to fund government is by tariff? If someone proposed cutting my taxes but increasing the tariff (assuming the scale isn't tipped too far - a large tariff with minor tax cuts), I'd say go for it.

    On the other hand, selective/targeted tariffs to promote/protect certain industries is bad

  2. and rip off the consumer but the tariff hikers always leave that out.

  3. They tried that in the 1930. It was called The Smoot Hawley Tariff Act. Result? Very little effect in imports, but a massive reduction in exports due to retaliation.