Tariffmania
Tariffs are going to Make America Great Again!!!!
Our deficit problems will be cured. The national debt will decline. Our fiscal nightmare is over. Right?
Trump is so excited, he can’t sleep. He’s boasting about the billions in tariff revenues at midnight.
He ain’t wrong. The chart below clearly shows the massive surge in tariff revenue generated by his policies since taking office. The total tariff revenues in the 6 months since he has taken office are $120 billion, versus the $50 billion taken in those same 6 months in the prior year. Based on current trends, Trump’s tariffs could bring in close to $400 billion on an annualized basis. Not too shabby compared to the $100 billion taken in the years prior to his new tariffs.
Trump isn’t bashful about hyping what he believes are outstanding achievements, like quadrupling tariff revenues and forcing those foreign countries to “pay their fair share”. The numbers don’t lie, but a little perspective on the scale and ultimate impact of these tariffs may be helpful.
The national debt is on course to increase by $1.9 trillion this fiscal year ending 9/30/25. It is up $700 billion since Trump took office. The Big Beautiful Bill didn’t cut one dime from the budget. The national debt will increase by about $2 trillion in the next fiscal year, and the one after that, and the one after that, and the one after that. You get the picture. Increased debt until economic collapse.
The national debt will increase by approximately $5.5 billion per day forever, because the spending is on automatic pilot. Trump and your corrupt congress maggots have no intention of cutting any spending. A recession, war, or another fake pandemic would just drive the spending higher. So basically, the $300 billion in added tariff revenue will be frittered away by your government in less than 2 months. And if Trump goes through with his tariff rebate idea, the revenues will evaporate quicker, not that we should mind having the money in our pockets, rather t
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.