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Remember when tariffs were marketed as the golden ticket to economic salvation? They were supposed to protect American jobs, revive domestic industry, and punish “bad actors” overseas. Just slap a tax on imports, they said, and factories would roar back to life. Jobs would multiply. Wages would rise. The middle class would thrive.
Spoiler alert: they didn’t.
Remember when tariffs were marketed as the golden ticket to economic salvation? They were supposed to protect American jobs, revive domestic industry, and punish “bad actors” overseas. Just slap a tax on imports, they said, and factories would roar back to life. Jobs would multiply. Wages would rise. The middle class would thrive.
Spoiler alert: they didn’t.