PPRuNe Forums - View Single Post - US Dept of Commerce slaps 220% tax on Bombardier c series
Old 27th Sep 2017, 19:51
  #45 (permalink)  
cowhorse
 
Join Date: May 2012
Location: Stable
Posts: 40
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by MartinAOA
What a move Donald! Milton Friedman/Ronald Reagan must be turning in their graves...
Why? Under Reagan: US debt skyrocketed (he managed to triple it), we had the savings and loan crisis (bailing out private insurance companies with tax payer money), government spending went through the roof, he supported apartheid South Africa, death squads in El Salvador etc - and the Americans (and European politicians, to be fair) still consider him to be the hallmark of freedom, libertarianism, capitalism, free market etc. So the trade tariffs are perfectly in line with this sort of thinking.

It's all talk and no show: we have a system of corporate welfare where the CEO's of Boeing, Airbus etc will preach about how high taxes are killing the 0,001 % and at the same time hold their hand out for the taxpayer money.
cowhorse is offline