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 ...
Here’s his VP’s plan:
“I think we are increasingly in a situation where we are going to choose between one or the other. We’re going to have to get a little uncomfortable on some of these things or maybe you’re going to have to be willing to pay a little bit more for certain consumer goods. We may even have to be willing to attack some of the companies financially that are waging war on the American people.”
Wouldn’t it be simpler to have Mexico pay for groceries?
Hey, that sounds a little bit like anti-monopoly talk, doesn’t it. Crazy how price fixing might be bad for the average person.
… I don’t think that’s where he was going, but that’s where he started.