RS, easy on the raising of tariffs; that was one of the things that turned the 1929 recession into the Great Depression.
Another idea to help our economy:
One of the benefits of a federal consumption tax is its efficiency. It would make America more competitive.
For example, businesses would no longer have to employ tax accountants, tax attorneys, and tax lobbyists so as to cope with that Nazi organization, the IRS.
All these costs are passed on to the consumer resulting in higher prices, and therefore lowered ability to compete on a global scale.
The federal consumption tax substituting for all income taxes, so they would be utterly abolished, would again make us conpetitive so we would once again become more than a service economy.
Please at least thumb thru the FairTax book.
Thanks, Grimmy

Low-paid workers in a ‘service economy’ can’t afford to buy decent homes and save money as they are always living on the edge, and we’ve seen what happens when you increase the credit lending limits beyond the ability of the lendee to pay — it’s a sure disaster.

It baffles me why our ‘economic experts’ can’t get it through their thick skulls that basing an economy on the production of other countries inevitably leads to a devalued currency and a depression as people paid low wages simply can’t afford to buy products manufactured elsewhere — especially the big ticket items like TVs, cars, electronics and appliances.

Since Reagan, we’ve been living on the fumes of our once great economy.

Understanding Social Credit means disassociating in your mind the concepts of “wealth” and “money.” “Money” is just a medium of exchange. “Wealth” is the real resources and production goods of the entire system.

The basic problem with our economic system is the consistent disparity between production and consumption. Social Credit seeks to balance the disparity. It’s worth a read.