jameslewis on Nostr: Step one: let the American people keep more of their paychecks. Step two: initiate ...

Step one: let the American people keep more of their paychecks.

Step two: initiate tariffs to cover the lost tax revenue, but only after eliminating waste spending

Step three: companies raise prices on imported goods due to tariffs or choose to manufacture in America.

Step four: Americans have more money because of tax elimination, but spend more money because of increased pricing downstream of tariffs.

Step five: because of lower taxes, companies can hire more people and/or lower prices, which means greater value added to the economy and balancing down the tariff price increases

Step six: more people in the workforce and lower taxes means local economies see a big boost since more value, and thus more money, is made but doesn't have to leave via taxation.

Step seven: the greater opportunity gives young people hope, and they enter the workforce with greater zeal, further increasing the economy

Step eight: the greater economy makes the tariff price hikes not feel too bad.

Step nine: people marry and make more babies because hope is restored, and the cycle of prosperity continues.