Uncle Iroh ☑️ on Nostr: The point of tariffs is to play a much longer game than term-limit politics, which is ...

The point of tariffs is to play a much longer game than term-limit politics, which is precisely why no modern politician runs on it.

It's political suicide for career politicians because it benefits this and future generations only in the mid to long term. You exchange pain now so that your children inherit a stronger economy.

The usual way of creating short-term tax bribes and freebies only piles new disasters onto previous disasters. Frankly it might be too late.