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Political involvement should be a requirement for citizenship

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Trump’s small business ineptitude and how his proposed tariffs will kill the U.S. Economy

October 18, 2024 By Egberto Willies

Sorry, there was a YouTube error.

Donald Trump cannot distinguish between a small business and a large one or understand tariffs. Yet they are asking Kamala Harris to say more.

Trump’s small business and tariff ineptitude

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Summary:

The video covers former President Donald Trump’s failure to articulate coherent economic policies for small businesses and tariffs during an interview. When asked about support for small businesses, Trump deflected with examples of large corporations like Apple, showing a clear misunderstanding of small business needs. He also proposed tariffs that, according to experts, could harm the U.S. economy, ignoring the potential for retaliatory measures from other nations. Critics highlight that Trump’s policies would raise costs for American consumers, damage export opportunities, and benefit the wealthy through a regressive tax system.

  • Trump struggles to explain policies for small businesses, referencing only large corporations.
  • Tariffs, as proposed by Trump, are inaccurately described and would function as a tax on American consumers.
  • His approach could lead to trade wars, causing retaliatory tariffs from other countries and damaging U.S. industries.
  • Small businesses and American farmers would suffer due to lost international market access.
  • Trump’s policies ultimately benefit large corporations and the wealthy while hurting small businesses and working-class Americans.

The video underscores Trump’s incompetence in addressing small business needs and his reckless tariff proposals that favor corporate giants over everyday Americans. His economic policies would increase costs for working people while shielding billionaires and threaten vital U.S. industries like agriculture. In contrast, progressive policies empower small businesses, protect jobs, and foster equitable economic growth for all.

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Filed Under: General Tagged With: Andrew Ross Sorkin, Donald Trump, Small Business, Tariff

About Egberto Willies

Egberto Willies is a political activist, author, political blogger, radio show host, business owner, software developer, web designer, and mechanical engineer in Kingwood, TX. He is an ardent Liberal that believes tolerance is essential. His favorite phrase is “political involvement should be a requirement for citizenship”. Willies is currently a contributing editor to DailyKos, OpEdNews, and several other Progressive sites. He was a frequent contributor to HuffPost Live. He won the 2nd CNN iReport Spirit Award and was the Pundit of the Week.

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