Home
/
RELIGION & LIBERTY ONLINE
/
The return of ‘Tariff Man’, nemesis of the poor
The return of ‘Tariff Man’, nemesis of the poor
Jan 10, 2025 7:16 AM

“I am a tariff man,” said the Republican president. He based his strong support of tariffs on the idea that industries within the U.S. needed “protection” from petition. A vocal opponent of free trade, his view was that America could tax its way to prosperity. Prices on consumer good rose, which helped to cause the Republicans to lose their majority in the House. But “tariff man” never wavered from his protectionist impulses, no matter how much damage they caused.

By “Tariff Man” I’m referring, of course, to our 25th president,William McKinley.

History never repeats itself, as the old adage notes, but it sometimes rhymes. A prime example is a recent tweet by President Trump, which sounds like it came from the 1890s:

I am a Tariff Man. When people or e in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to max out our economic power. We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN

Such economic ignorance was already inexcusable when McKinley (then still a congressman) imposed his Tariff Act of 1890. But it’s truly baffling how anyone living in the twenty-first century could think raising taxes on America consumers is the way to make America rich again.

Normally, a policy that has been repudiated by empirical evidence for more than 100 years would never even be considered. But as history has shown, politicians tend to have more power than sense. And because we give the executive branch too much power, there’s not much we can do about it plain.

plain we should. es a point, after all, when such economic ignorance es a matter of immorality. As the Heritage Foundation’s Logan Kolas andPatrick Tyrrell pointed out last year, tariffs and regressive trade policies hurt the poor:

While all Americans stand to benefit from free trade, we must not lose sight of who has the most to lose.

Tariffs are just taxes on Americans by another name. However, some Americans shoulder a larger burden under protectionism than others.

Unlike our progressive e tax, taxes on imports (tariffs) are regressive and take a bigger percentage of e from poor families. e individuals and families thus may bear a significant burden from tariffs, while those of fortable means are not as affected.

In fact, cutting tariffs could be the biggest tax cut e families will ever see.

As I noted last week, Trump’s latest round of tariffs will decrease economic growth and increase unemployment. They will also cost households to suffer losses equivalent to $2,357 per household, or $915 per person.

For a multi-millionaire like President “Tariff Man” Trump, losing $915 a year is no burden. But for most Americans—and especially for the working poor—the tariffs are going to make their lives even more difficult, and push them deeper into poverty.

There may not be many economic policies that all American Christians can agree on, but refusing to allow the poor to be harmed by discredited 19th century mercantilist policies should be one of them.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Colson speaks at Calvin Seminary Spring Banquet
Colson speaks at Calvin Seminary’s Spring Banquet. Chuck Colson, founder of Prison Fellowship, spoke at Calvin Theological Seminary’s Spring Banquet, endorsing the school’s Dutch neo-Calvinist heritage. “Calvin Theological Seminary is an underappreciated asset in the evangelical world. There’s nothing the evangelical world needs more than a bracing dose of Kuyperian theology,” he said. The speech also marked the announcement of the establishment of the Charles W. Colson Presidential Chair at the seminary. Thanks to a major gift from the Richard...
Surviving socialism
In this month’s issue of Esquire, Ken Kurson extols the virtues of Sanofi-Aventis, the world’s third largest pany. “A Drugmaker reborn” (subscription required) essentially describes why Kurson thinks Sanofi is a great investment, but between his praises of pany sits this tidbit: And yet controlling costs is one of the things I like best about Sanofi. It’s why I believe in its strategy of growth through acquisition. And it’s why I think the merger with Aventis will be so effective....
Good question
Edward Southerland wonders, “Does the job description for school administrators require that you leave mon sense at home when you go to work?” One of the reasons he asks the question: In Tennessee, the student giving the valedictory speech started with a joke. “You have given us the minimum required attention span to master any station at any McDonald’s anywhere.” The next line was “Of course, I’m only kidding. Eagleville is a fine institution of higher learning with a superb...
Live 8: Saving Africa?
Much has been written in recent weeks about Live 8, a series of concerts that will take place on July 6 in London, Paris, Berlin, Rome and Philadelphia. The name refers not only to the original Live Aid concerts that took place in 1985, but is also a reference to the G8 meetings that will be taking place in Edinburgh, Scotland at the same time as the concerts. G8 organizers are planning for massive protests which have been urged on...
Last week
Power corrupts…and upsets babies. Just in case anyone missed (or didn’t miss) my posting last week, I was on vacation following the birth of my first child, a son, on May 30 (Memorial Day). Owen Flynn Ballor 9 lbs., 2 oz. 20.5 inches 5/30/05 10:10 pm ...
Corporate blogging
The AP passes along this story about the use of blogs by corporations and executives. Some of the good advice includes: “Don’t go toward fake blogs. Don’t launch character blogs. Use a blog for what it’s for, transparency,” said Steve Rubel, vice president of client services at CooperKatz & Co., a New York PR firm. … He and other PR professionals can rattle off blogs gone wrong — usually “fake blogs” that stir up the ire of bloggers by hiding...
‘God Makes No Mistakes’
‘God Makes No Mistakes’ You may not know it, but Loretta Lynn is a pretty good theologian. She’s so good, in fact, that some contemporary theologians, open theists like Clark Pinnock, for example, could take some lessons in orthodoxy. The lyrics to a song off her most recent record, Van Lear Rose, that illustrates her high view of God. Here are the words to “God Makes No Mistakes”: Why, I’ve heard people say Why is this tree bent Why they...
Google’s memory
Google recently surpassed Time Warner as the world’s top media stock. Google provides services to about 19 million users per day. People go to Google to find things, participate in discussions via online forums, to check and send email, driving directions, and a host of other services. That is a lot of information about a lot of people…where does it all go? Apparently, Google keeps it all! What is the cost of this data collection? How much of our own...
‘Monkey Business’
In the latest issue of the New York Times Magazine, the article “Monkey Business,” by Stephen J. Dubner and Steven D. Levitt examines economist Keith Chen’s research with capuchin monkeys and money. Here’s another case of science, in this case economics, being used to “prove” the continuity between (and therefore equivalency of) humans and animals. The implicit message is that we are really not all that different from our fellow creatures, nor that special. This seems almost absurd, but it’s...
An interview with Karen Woods
The Roundtable on Religion & Social Policy interviewed Acton’s Karen Woods, director of the Center for Effective Compassion (CEC) this week. Woods spoke about the work of the CEC, including the Samaritan Award, and also gave her perspective on the federal Faith-Based and Community Initiative. She says in part, With welfare reform in ’96, and certainly the waivers that preceded that in certain states, there was a change in the way that we looked at social services. Suddenly, work was...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved