Trump gives speech on state of the economy in NYC

Watch live: Trump delivers remarks on economy in New York

Trump is correct about taxing at our water’s edge!

JWK

___ a national revenue must be obtained; but the system must be such a one, that, while it secures to object of revenue, it shall not be oppressive to our constituents ___ Madison, April 8th, 1789, Duties on imports

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Trump is advocating giving the guy who paid way to much for Twitter only to drive it into the ground a major role in US policy making.

That sounds fun.

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pretty sure that guy is worth several billions of dollars more than anyone here.

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Yep from all of that sweet sweet government contractor money and subsidies.

Maybe his cost cutting efficiency knowledge will make the government run like a cyber truck.

Well, it certainly didn’t take you long to show up and post an adolescent comment having nothing to do with the merits of taxing at our water’s edge to advance America’s best interests as our Founders did, to encourage America’s ship building industry which eventually led to America’s merchant marine becoming the most powerful on earth.

JWK

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If you speak anything Trump, bitter lonely libs be like:

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Neat economic roundtable! Trump really cleared things up!

Like affordable child care!

Q: What specific legislation will you commit to to make child care affordable?

Trump: Well, I would do that and we’re sitting down, you know, I was, somebody, we had Marco Rubio and my daughter, Ivanka… But I think when you talk about the kind of numbers that I’m talking about that because the child care is, child care couldn’t, you know, there’s something you have to have it in this country, you have to have it… I want to stay with child care… So we’ll take care of it. Thank you

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His answer, on examination, was even longer and stranger, here is the total ball of gibberish…

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What part about it that you don’t understand?

The part that is total nonsense gibberish?

I understood it…what has Harris said about it, and how is she going to fund it?

was perfectly clear. Its a minor issue economically and we’ll take care of it with money from Tarriffs

Yeah he’ll fix government just like he built the Hyperloop and got us to Mars in a decade.

I should thank Musk and Trump for doing more to delegitimize the idea that rich people have to be smart than anyone else since the Depression.

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I’m starting to wonder if he had like a series of mini-strokes. Even for him, this is concerning.

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Trump’s tariff policy is to lay and collect tariffs designed to advance an America first policy, an example being his reciprocal tariff . . . if China imposes a 20% tax on American imports, the USA will return the favor with a 20% tariff on China’s imports.

Aside from that, our founders’ use of targeted taxes at our water’s edge was instrumental in encouraging America’s ship building industry, which eventually led to America having the most powerful merchant marine and navy on earth. See for example:
Chap. II.—An Act for laying a Duty on Goods, Wares, and Merchandises imported into the United States. JULY 4TH, 1789

SEC. 5. And be it further enacted by the authority aforesaid, That a discount of ten per cent. on all the duties imposed by this act, shall be allowed on such goods, wares and merchandises, as shall be imported in vessels built in the United States, and which shall be wholly the property of a citizen or citizens thereof, or in vessels built in foreign countries, and on the sixteenth day of May last, wholly the property of a citizen or citizens of the United States, and so continuing until the time of importation.

This patriotic use of taxing at our water’s edge not only filled our national treasury, but gave American ship builders a hometown advantage and predictably resulted in America’s ship building industry to flourish and America’s merchant marine to become the most powerful on the face of the planet. Unfortunately, last time I visited the docks in New York’s Hell’s Kitchen area, I was very saddened that I could no longer read the names on the docked ships as they all seemed to be foreign owned foreign built vessels…an irrefutable sign of America’s decline traceable to the ravages of our international “free trade crowd” and a traitorous sellout of America’s sovereignty to the highest international bidders by members of Congress and our presidents, past and present!

The bottom line is, taxing at our water’s edge as our Founding Fathers intended helped to pave the way for America to become the economic marvel of the world. And the proof is, by the year1835 America was manufacturing everything from steam powered ships, to clothing spun and woven by powered machinery and the national debt [which included part of the revolutionary war debt] was completely extinguished and Congress enjoyed a surplus in the federal treasury from tariffs, duties, and customs. And so, by an “Act to regulate the deposites of the public money”, June, 23rd, 1836, all surplus revenue in excess of $ 5,000,000 was decided to be distributed among the states, and eventually a total of $28,000,000 was distributed among the states by the rule of apportionment in the nature of interest free loans to the states to be recalled if and when Congress decided to make such a recall.

JWK

When violent hate America demonstrations occur in the U.S. (as they now are) and terrorist attacks begin on American soil, let us not forget it was the current Democrat Party Leadership who encouraged and invited millions upon millions of poverty-stricken, poorly educated, low-skilled, diseased, disabled, criminal, un-vetted terrorist and religious fanatic foreign nationals, into our country’s inner cities.

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Zero people buy your weird views on taxation.

Tariffs will wreck the economy.

Putting Elon Musk in charge of anything is insanity.

Nothing Trump says makes a lick of sense.

Your naysaying is just that, nothing but unsubstantiated naysaying. :roll_eyes:

He sounded like a middle schooler giving an oral book report on a book he hadn’t read, quite honestly. Just winging it up there.

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We went from Mexico paying for the wall to tariffs paying for everything.

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Which is pretty wild since the point behind tariffs is to import less so over time the revenue from them will go down… meanwhile countries will impose tariffs on the US and reducing exports which slows the economy… it’s a pretty nutty and regressive tax policy.