The vice president and budget director are internally seen as open to higher taxes on millionaires, but conservatives warn of ‘Bernie Sanders economics.’
In the discussion of tariffs, one seldom hears mention of the “infant industry” argument, yet for 200 years, this was the main argument in favor of tariffs.
Republican strategist Scott Jennings said Democrats have become more supportive of free trade since President Donald Trump announced reciprocal tariffs.
The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened throughout history.
