Back of the envelope math: we spend about $90 billion on steel products. If a tariff raises that by 25% -- yes, it would raise prices for domestic as well as foreign steel -- that's about $150 per worker. Remember Paul Ryan touting a teacher's $75 tax cut?
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I not getting the math here. The $150 comes from the steelworkers’ paychecks? Really?
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When will we learn? Artificially propping up an industry only delays an inevitable and even more painful correction. How is this not Solyndra?
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No but I do remember you predicting the stock market crash after Trump was elected.
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Paul, can you explain this? Wilbur ross said it would - at worst- total 1.5% of GDP. How does that square with 800 billion trump claimed?
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Math, facts, and common sense for that matter elude this administration entirely.
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GOP thinking; give a little here and take away a bunch over here and the people will go along because they will focus on the little they are getting and will ignore the losses.
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