Politicians keep lying, and Donald Trump and Hillary Clinton are no exceptions. Their policy proposals are even more dangerous.
John Stossel writes:
Trump’s supporters are convinced he’ll shake up the system, but they ignore the evidence that Trump is just one more manipulative member of the rich political class. Plenty of photos show Trump proudly golfing alongside George W. Bush, Bill Clinton and other political insiders whom he now mocks.
But all that matters less than the policies he proposes—it’s the policies that will hurt us.
Trump’s tariffs, sold as protecting the American little guy, actually help big businesses by protecting them from overseas competition. Then they can jack up prices, making life harder for poor American customers.
The Obama administration tried tariffs on tires from China like the 45 percent ones Trump wants to impose, and the results were higher prices—Americans had to spend about $1 billion more to buy tires. Favored (usually unionized) businesses got protection from competition, but other businesses died or never started because imported supplies were suddenly much more expensive.
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