Wednesday, July 25, 2018

TARIFFS


Trump turns to tariffs
To send the trade deficit down
So who is feeling the pain?
Farmers, many of whom voted for the clown

Trump is considering farm aid
To prevent harm to his constituency
Where is that money coming from?
He’ll borrow from the Treasury

So let’s analyze the economics
Trade deficit down, budget deficit up
Maybe one of his thick-headed economists
Can explain how that’s a help

Trump’s grasp of complexity
Is pretty much nil
One cause, one effect
And everything else stands still

But the world ain’t like that, Donald
It has feedback loops beaucoup
About which you and your geniuses
Apparently don’t have a clue

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