Trump’s insistence that a tariff wall will make America rich is not based in economics; indeed, it would destroy the current system, which is so strong that modern economists are marveling. Trump is fantasizing about a world without regulations or taxes, where high tariffs permit the wealthy to collude to raise prices on ordinary Americans and to use that money to live like kings while workers, farmers, and entrepreneurs barely scrape by … a world like McKinley’s. - HCR
https://heathercoxrichardson.substack.com/p/october-5-2024?fbclid=IwZXh0bgNhZW0CMTEAAR2TgvVjK5oBCiS6QZJnoSaENFJoqBWhqvzZexAfS_6FPWHkzLFeaBdF91Y_aem_jm-zizuAX0rOvwJ0CzOVCg