After hearing me talk about New Brunswick’s trade deficit and the risk of both losing export markets and becoming more reliant on imports, someone commented that I sound a lot like Donald Trump.
You got me thinking. My wife pays $100 every month to her hairdresser but the hairdresser doesn’t buy anything from our household. So I'm imposing a 50% tariff on Ann the hairdresser. My wife will pay $150 in future but $50 will come to me. I’m thinking I will buy all the hairdresser equipment and cut her hair myself soon (capital cost $10,000). But until then that’s $50 in new revenue every month that I can use to invest in sh**coin. Tariffs are so easy.
Thanks for sharing your perspective on NB’s situation David. You are certainly not Trumpist. As Ron stated, it really is difficult to fathom what he is thinking but the early impacts show clearly that it is not good. Thanks for enlightening us with you comments.
What is really troubling is we are at the point that generally we don’t know what to believe? We can hope that there is a great master plan that will not destroy the economy- make retirement saving disappear- and make it even more difficult for young people to start out. But except for perhaps a very smart few I feel wholly inadequate to know what to believe anymore.
You got me thinking. My wife pays $100 every month to her hairdresser but the hairdresser doesn’t buy anything from our household. So I'm imposing a 50% tariff on Ann the hairdresser. My wife will pay $150 in future but $50 will come to me. I’m thinking I will buy all the hairdresser equipment and cut her hair myself soon (capital cost $10,000). But until then that’s $50 in new revenue every month that I can use to invest in sh**coin. Tariffs are so easy.
Thanks for sharing your perspective on NB’s situation David. You are certainly not Trumpist. As Ron stated, it really is difficult to fathom what he is thinking but the early impacts show clearly that it is not good. Thanks for enlightening us with you comments.
What is really troubling is we are at the point that generally we don’t know what to believe? We can hope that there is a great master plan that will not destroy the economy- make retirement saving disappear- and make it even more difficult for young people to start out. But except for perhaps a very smart few I feel wholly inadequate to know what to believe anymore.