COTD: WalMart Nation

Which jobs do you think trade tariffs will destroy?  Retail, no?

As tariffs and border taxes are implemented,  the price of goods rise,  real income falls,  ergo demand falls and fewer WalMart shoppers buying higher priced goods equal layoffs.   In the very states that voted for President Trump!  And that’s not counting retaliation and result of a loss of jobs in the export sector.

Let’s think this thing through, policymakers.  Even fotget the economics, just think of the politics.

largest-employers_jan26

Source:  MarketWatch

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s