Trump wants to add a tax to all imports.
Trump's tariffs will have the opposite effect he intended because U.S. is one of the major reserve currencies of the world.
Since the U.S. Dollar is one of the strongest currencies, it will cost us more money for U.S. salaries and U.S. manufacturers to pay U.S. workers.
Why would we pay more money for a product when we can get a better deal on the product from China, Vietnam, or India?
The average median American has $5300 in savings according to Federal Reserve data.
60% of Americans have less than $1000 for emergencies.
The average American is struggling living paycheck to paycheck.
Even if Trump executed his tariff on all imports, it will cause U.S. manufacturers to struggle because we need to import materials from around the world.
Even if China and other countries paid an import tax, American consumers will have to pay a higher price as well.
Trump's import tax will have the opposite effect.
A better solution to manage the U.S.'s federal budget would be to cut government spending on education, transportation, and war.
The U.S. currently spends $886 billion dollars on education, transportation, and war.
The U.S. budgets $90 billion for education, $886 billion for military, $100 billion for transporation.
With social media and online education nowadays, we do not need to spend money on traditional education that teaches kids useless skills.
Kids can learn business, marketing, sales, and coding through online classes.
Kids need the to learn the correct information, not get confined into a box.
Learning critical skills such as sales, marketing, finance, and coding will help kids advance further than an archaic educational system.
As we grow our intellectual assets of the future, we can export U.S. technology, U.S. intellecual property, and U.S. business models to countries around the world.
But what happens if our kids keep getting dumber and dumber?
What happens if our kids under 25 gets programmed and influenced by propaganda through music, Hollywood, mainstream media, news, and degenerate celebrities and influencers?
What happens if kids no longer know their identity and who they are?
What happens if kids suffer through depression, mental illness, and ADHD?
Is this the end of the economy?
Is this the end of society?
Protect your family and your kids now.
Invest with Alex now.
