When former President Donald Trump was asked about his plan to lower the cost of groceries, he said that he would slap tariffs on foreign food imports.Scott Lincicome and Sophia Bagley of the libertarian Cato Institute, however, believe Trump's plan is "deranged" and they write in The Atlantic that ...
You’re giving him way too much credit. Never attribute to malice what can be explained by stupidity. While Trump has certainly performed acts out of malice, he is also the epitome of stupidity. He’s suggested nuking hurricanes, injecting bleach, and has stared straight into the sun during a solar eclipse, etc, etc. He’s a terrible person of course, but he’s also a complete moron.
I think with Trump we’re forced to attribute many things to both malice and stupidity. The more he opens his mouth, the more you realize that he does have bad intentions.
Sure. He’s an idiot, no argument. But I think he understands leverage, and what tariffs means to domestic leverage over their consumers because of lack of competition. But ultimately, his understanding doesn’t matter, the voters understanding does. And I doubt many who are considering voting for him understand that tariffs are worst for them personally.