Monday, June 25, 2018

Hammered

To the tRump administration, every problem is a nail and every solution is a hammer.  Unfortunately, for the Mid Continental Nail Co. in Poplar Bluff, Missouri, the hammer is connecting with their employees rather than their product.  Due to increased tariffs on Mexican wire which the company uses to make its nails, they are laying off up to half of the 500 employees because they can't compete with cheap Chinese nails.  This is only one example of the poorly thought out and executed plan to raise tariffs on imported goods.  There will be hundreds more, especially if the dealmaker-in-chief continues his reign of error on international trade.  I have no doubt Poplar Bluff voted overwhelmingly for The Donald.  I hope they are happy with the results.

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