You're listening to No PC Allowed, aka No Political
Correctness Allowed, and I am Mac Iverson. We
live in a time when the glaring non -controversial
should not be controversial. But sadly, it is.
We're talking about tariffs. It amazes me how
otherwise intelligent, knowledgeable people could
be so strangely and dishonestly, it seems, be
against Trump's tariffs. The economics behind
his tariffs is not rocket science, not even remotely
so. Liptards hating them, I get. But why do so
many rhinos and neocons rage against them? Here's
the reason why. It's simply because no one over
the past several decades in this country has
spoken seriously of using tariffs to benefit
all Americans, but particularly the forgotten
man. The forgotten man is simply not on the radar
screen of not only the deep state, but those
sensitive Democrats who supposedly had the backs
of the forgotten working man. You know, the ones
who sweat for a living. The forgotten man has
been, well, forgotten. Let's boil this down to
the bare basics, so that when you hear all the
clutching of their pearls ninnies out there crying
about, oh, how perfectly horrible Trump's economy
is, then you can pop the top on another beer
and lie back in your hammock and not have to
worry about what the nattering nabobs of negativity
are all nitpicking and bitching about. The reason
why simple tariffs seems like such a threatening
concept is because no one in American politics
has had any real brawn on this topic. Everything
comes down to simple math and human nature. That
the tariffs will work is a no -brainer because
of our human nature. People and nations are largely
motivated by the fear of missing out on something
spectacular. A trade war will ruin all that excitement.
And Trump knows this. But the enemies of the
people or the billionaires in the World Economic
Forum and the Council on Foreign Relations certainly
do not want tariffs because that makes the middle
class strong, which weakens their anti -middle
class, anti -American trillion dollar investments.
Trump's plan is for a reconciliation of massive
funds to help pay for massive tax cuts possibly
as early as next year. This will be achieved
by shifting the tax burden to foreigners. Among
many other services, our Navy protects the world's
shipping lanes. We should have help internationally
to pay for that. But there is resistance to all
this reform. This is the division of Wall Street
versus Main Street. Government spending leads
to inflation. That affects regular Americans
across the board. But when inflation increases,
stocks inflate too. That's why Wall Street doesn't
mind inflation at all. They even welcome it.
To help erase this deadly division, Trump is
insisting that China must decouple from its sick
and twisted relationship with America. This is
Trump's ultimate goal, to unite the entire world
against the CCP. China is the most imbalanced
economy in the world. They have massive wealth,
but far greater numbers are living in abject
poverty. China is the surplus country. They export
five times more than the United States exports
to China. What does this mean for the USA? It
means China... will suffer far more than the
USA with these new tariffs, thus creating huge
leverage for a great American comeback. The modern
-day money changers do not ever want to lose
their money. So why would they allow a trade
war to happen? I admit many of the uber -wealthy
are truly insane. Look at the George and Alex
Soros mob and their proxies. But I really don't
think China is prepared for a total meltdown
of the country. The average Chinese citizen is
not a happy camper. The vast majority are living
in unspeakable poverty. and oppression with no
individual rights. So any major stressor could
mean a complete blowout of the Xi Jinping communist
fascist regime. Therefore, despite some obligatory
saber rattling, I do not believe they will even
risk it. Just one major global conflict may cause
China to completely implode. For that reason
alone, China, after some kabuki dance shows of
token resistance, should play along with America.
However, cornered animals can be unpredictable
and deadly. That is exactly what China is today.
The great fear of most tariff critics is that
all countries will abandon free trade, which
is absurd. Free trade is fantastic, as long as
it's fair. Trump is looking for a massive flip
globally, meaning that his tariffs will jumpstart
benefits for all countries. They will follow
America's lead of lowering or eliminating many
tariffs because reciprocal means they will almost
have to. That is called American leadership.
Trump likes to use tariff proposals as bargaining
chips, and he likes to start at the most extreme
position and negotiate down from there. That's
the art of the deal. Canada, as America's 51st
state, is an obvious joke, but he says it like
it's not a joke. So he softens his threat with
humor, which is very New York of him. So the
serious threat only sounds funny in a five -second
soundbite, but overall the threat sounds so outrageous
that no one's really threatened by it. So he
gains tremendous advantage by saying something
without really saying it. This is Machiavellian,
of course, and New York City was ground zero
being full of mobsters who molded that entire
culture back in the day around such business
tricks of the trade. At the same time, Trump
is able to ingratiate himself with Joe Sixpack,
who loves that kind of regular guy masculine
teasing humor. And no wonder, that's also the
core of his voting base. The last thing any sane
president wants to do is oversee a recession.
So Trump hates anything that stands in the way
of fair free trade. as opposed to America, grab
your ankles, totally free trade with no oversight
or stipulations. There are many other unfair
trade practices, not just tariffs. This was very
curious. Why was Trump wanting to enact tariffs
all at once with all countries? Number one, he
wanted tariff chaos in order to isolate China.
First, it was all about fairness. But when the
bond markets were threatened by China in retaliation,
which in turn threatened the global stock markets,
well then, all bets are off. Now it's mostly
about China. Currently, all countries are getting
a pause on tariffs, but China is now stuck with
a 145 % tariff. It's about weakening the great
commie red dragon. Trump is capable of amazing
flexibility while negotiating a hairpin turn
above a steep cliff with a 90 degree drop. In
addition, as a flanking maneuver, Trump is now
saying to China, hands off Panama. So China has
to deal with a major dream of controlling 5 %
of the world's trade through that alleyway from
slipping through the greasy green talons. At
the same time, Trump is making master magician
maneuvers toward Greenland, forcing China's focus
there as well. China has always been playing
chess, and now that the sleeping giant of America
is rousing itself with high -grade caffeine and
cracking its knuckles, China is starting to sweat.
In the beginning, friends and foes alike were
being targeted by Trump to create negotiating
leverage, to create a domino effect once things
started going America's way again. Once one country
falls, they will all fall. That's because these
are only reciprocal tariffs. Trump is leveling
the playing field, so instead of using the abuses
of wage suppression, currency manipulation, and
draconian regulation, these countries simply
have to sell fairly to the USA, or not play with
us at all. Thus, missing out on all the economic
growth that comes with it. That is our very fair,
very simple negotiating position. So anyone starting
a trade war over the US for simply wanting to
be a good trading neighbor makes no sense. Some
countries like Israel, Taiwan, and Cambodia immediately
took steps to cut tariffs of U .S. imports in
order to maintain a close relationship with their
number one ally. Recently, the EU Commission
said a zero -to -zero trade deal with the U .S.
was just fine. This may be premature, but wouldn't
that erase all tariffs? Isn't that what zero
-to -zero emphatically means? And isn't that
exactly what all free traders who hate tariffs
want? And the EU isn't like little Cambodia.
It's a massive conglomerate of 27 First World
nations. As of now, the U .S. appears to be settling
on 10 % tariffs on all nations with a 90 -day
pause except for China, which has a huge 145
% tariff from America. What does this mean? It
means that China is the major economic enemy
of America, and they must be reined in. This
isn't really about tariffs. It's about exercising
the golden rule of trade, that being simple reciprocity.
Tariffs, if done right, are all about being fair.
Do unto others as you would have them do unto
you. The golden rule is from the Bible. Trump's
Christian focus comes from doing, taking action,
on a global scale. If tariffs are so bad, then
why aren't the economies of many countries who
use them just crumbling? Many have higher tariffs
than what Trump wants to impose. American ignoramus
college graduates working in the fake news media
look to these crybaby countries who are saying
that the same tariffs they're using will be terrible
for the world economy if also used by America.
If so, then why is the EU considering caving
into Trump's demands? Why is that? if reciprocal
tariffs are so unbelievably horrible for the
global economy? They only say that because they've
been spoiled for many decades by American monetary
policy. If you cut off your spoiled brats from
daddy's trust fund payouts, then your little
angels suddenly become Eric and Lyle Menendez.
Milton Friedman said tariffs were minor in the
Great Depression. Most of the depression came
from a leftist big government monetary policy
bullying the middle class and poor people into
submission. Is it really a tariff if it's just
a reciprocal tax? By the way, the tariff so -called
isn't a tax against Americans. It's against other
countries. But they can stop that tax at any
time. They're not forced to take it. So it's
not America's tariff. It's China's tariff. Or
Canada's tariff. They're the ones who tariffed
us. Don't buy into the fake news industrial complex's
spider web of lies. And none of this is complex.
It is stupid simple and probably nothing to be
afraid of. I say probably because we are dealing
with people's perceptions. Never mind that everyone
is trying to look at this objectively. Selfish
human emotions like fear and greed have always
plagued humanity. Therefore, wars and conflict
have always existed. But to make this glaringly
simple, as soon as any country quits playing
games with America's economy, we quit playing
games with theirs. And then both sides benefits
from an even playing field. The fake news industrial
complex is banking on the American voter to be
a guaranteed ignoramus well into 2026 for the
next election of our lifetimes. They're using
the same old song and dance from the same old
tired playbook. All they got are some silly scare
tactics from history, like the Smoot -Hawley
Act that was not enacted until 1931, but the
stock market crash was in 1929. Even though those
tariffs were about 60%, they did not cause the
crash and did not make the Depression appreciably
worse than it was. It was made horrible by FDR's
foolish programs and leftist monetary policy
of refusing to allow natural economic forces
to take hold so as to recover quickly. Back then,
the tariffs were deflationary. Consumer prices
crashed, so they did not cause inflation. Today,
America is a much larger economy and can handle
these tariffs much better, so a highly unlikely
trade war would hurt smaller countries much more.
Still, it is a high -risk play. Our collective
outcome depends on human nature. Trump gets it.
What do all these countries have to gain if they're
stuck on stupid tariffs hurt America? Who wants
to hurt America more than anyone else? China.
But does China have the leverage? Again, the
vast majority of that country lives in poverty.
Not just poverty, but horrendous poverty, which
is almost impossible for Americans to even imagine.
We can know about it, but we cannot fully feel
it. Its unpleasantness forces us to look away
from China's self -degradation of their own people,
whom the privileged communist class of billionaires
no longer see themselves a part of. Permanent
tariffs may be bad for all countries unless we
remove the income tax, which replaced the need
for tariffs in 1913. That's assuming we won't
move over to a far better national sales tax,
which should be a very fair tax of maybe 5 or
6 % on only what you buy. Hate paying taxes?
Don't buy much stuff and you won't have to pay
much at all. That's a great idea because it will
cause Americans to barter and never surrender
using cash for even greater tax savings. To avoid
tax fraud, the income tax should still be an
optional choice instead of the sales tax, under
certain circumstances. But wide use of cash will
ensure that we never lose our freedoms to a one
-world currency that can too easily be controlled
digitally. Look, here's the main problem. A cashless
system equals political persecution made easy.
Wasn't it bad enough with the persecution of
the January 6th patriots and the weaponization
of the Justice Department against President Trump?
All they have to do is put an expiration date
on or even turn off your digital currency entirely
if you're not woke enough. That could easily
happen if you give up using cash entirely. Such
monetary terrorism turns government bullying
and tyranny into a perfected science. This is
just basic common sense. With a national sales
tax, if you don't buy much stuff, that will make
poverty for serious people somewhat difficult
to achieve. It actually becomes somewhat difficult
to become poor, so in turn, that will make the
welfare state virtually non -existent. That's
the job of the church anyway. to take care of
the poor. All this will make people of all races,
classes, and creeds automagically conservative.
We will all become much more independent and
self -sufficient and conservative and happier
across the board. That will happen when Americans
are no longer pathetic victims standing on street
corners with their hands stretched out. I mean
that figuratively and literally. This is Trump's
ultimate plan. Tariffs aren't the end all, just
a means to that end. 100 years ago, federal government
spending was 2 .7 % of GDP. It has grown by 25
% of GDP, 10 times bigger than 100 years ago.
But does it have to be this way? Of course not.
Back then, government was much smaller, so it
needed far less money. Therefore, tariffs alone
were enough money. No income tax was needed.
The worst case scenario is that all these countries
play along and no tariffs will be needed going
into the future. But we can still get rid of
the income tax. Just replace it with one flat
national sales tax. Then we could possibly get
rid of the IRS. Here's a reality check. Replacing
the income tax with permanent tariffs may well
be just a pipe dream. In a competitive, high
-tech, complex world, we need strong, well -financed
federal government. The bottom line is this.
Free trade will not, cannot survive unless it's
fair. But the greatest threat to Trump's tariffs
is still lawfare in the courts. With Trump's
success, the parties have flipped completely,
it seems. The Republican Party is far more concerned
about the people. The demon rats are more concerned
with placating the world's multi -billionaires
with their collective trillion -dollar investments
into insane woke garbage. The demon rat party,
as we know it, wouldn't exist without these billionaires,
they being their biggest donors. The possibility
of a global trade war isn't likely because it
isn't rational. Only if Trump is perceived as
weak would a trade war ever come about because
other nations will think pushback will succeed
against the USA. But it obviously won't work
on Trump because he's a strong leader, and the
world already knows that, if they're being honest.
Tariffs create jobs, which leads to the economic
boom, which leads to more tax revenue. But does
it create inflation? The consumer always pays
for any tariff because it's just another name
for a tax. And we must all know that corporations
don't pay any taxes because they automatically
get passed on to the consumer in the form of
higher prices. So tariffs do add to inflation,
but that's not the major cause of inflation.
So to counter any inflation caused by tariffs,
we must ask, what is Doge all about? Cutting
government spending massively, which is a massive
anti -inflationary move. So increased tariffs
and decreased spending both counter and thus
cancel each other out. So we're even, right?
Wrong. For the forgotten American, it gets way
better than even that. Government spending is
far and away the biggest cause of inflation.
Tariffs don't even come close. What was the inflation
rate in 1913 when the income tax was made into
constitutional law and tariffs were the main
way the government made its money? Only about
2%. Most items were priced around $1 then, so
something for sale for $1 in 1912 cost about
$1 .02 in 1913. Look at the rate of inflation
under Brandon just a year ago when government
spending was near its all -time highest. The
actual inflation rate was about 20%. 2 % versus
20%. There is no comparison. And all that inflation
was created without American imposed tariffs.
The reason Trump is so excited about tariffs,
after all, it's his favorite word in the dictionary,
is because of, number one, creating jobs. Number
two, a long -term economic boom will result.
This boom will be global, by the way, because
many countries will be forced to play along if
they know what's good for them. Again, we export
to China one -fifth of what they export to us.
So them raising tariffs on us does the U .S.
very little harm. As of today, China has been
saddled with an enormous 145 % tariff. So something
has to give, and soon. They're hoping internal
pressure from the crybaby libtard voters will
intimidate Trump. China, on the other hand, has
no such internal pressure. They do, but they
just ignore their dissidents and imprisons and
even tortures them if they start to get too big
for the britches. But if the Chinese economy
just gets 40 or 50 % worse, then it's possibly
all over for China. Their decades of ignoring
individual rights has rotted out China's soul
and foundation of stability to the very core.
Trump wants to break China. I say amen to that.
This is all about the art of brinkmanship. It's
bold and it's baldy. These tariffs mark the start
of phase two of making America great again. Phase
one of empowering the free world in the first
place started after World War II when America
created the Marshall Plan to make the free world
rich to compete with ambitious communism. That
wealth creation phase was highly successful,
but now that phase is over. Now it's time for
America to regain her throne as the world leader
in all areas. Socially, economically, militarily,
as well as morally based upon a strong Christian
foundation. Therefore, Europe isn't lacking a
wealth problem. It has a Mohammedan problem.
And that's because their secular economic success,
brought to them by America, has corrupted their
culture to an obscene degree. The same will happen
to America if we allow these Mohammedan immigrants
to take over America. Europeans don't want to
get married and have babies, so they imported
millions of Mohammedans to wait on their tables
and clean their toilets. It may be well too late
for Europe. But if they can somehow copy America,
that could empower the middle class there as
well. Then they won't need mass immigration anymore.
If you thought Trump getting re -elected was
a miracle, wait till you see what's coming for
Europe. Only a God -sized miracle can save them.
So start praying for Europe to wake up and pray
without ceasing. Right now. Time is not. on their
side, or ours. You've been listening to No PC
Allowed. I am Mac Iverson. We will meet again
next week and every week.