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Originally Posted by Azure
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*I didn't watch the clip, so I don't know what was said, but this headline only partially true.
in 2018 they taxed the metals, but they did not tax manufactured products that were made out of those metals. This time around they have stated that they will. So it should be less likely to cost the US jobs in the short term, but it should also be twice as inflationary. I think it will still have a down stream effect of quelling spending and costing people jobs, but it is not a direct analog.
I think the types of actions he has been playing footsy with for 2 months are a lot more comparable to 1928 than 2018. And I suppose we all know what happened in 1929.