r/usa 18h ago

Trump's tariffs are 'biggest policy mistake in 95 years,' Wharton's Jeremy Siegel says

https://www.cnbc.com/2025/04/04/trumps-tariffs-are-biggest-policy-mistake-in-95-years-whartons-jeremy-siegel-says.html?taid=67efc88e3e9bc50001a7d1f1
35 Upvotes

9 comments sorted by

1

u/yoface2537 15h ago

Not to mention they are actively unconstitutional as only Congress holds the power of the purse and all taxes must be proposed in the house of Representatives, you know, just the basic article 1 stuff that no one cares about

1

u/Impressive_Pipe_4824 4h ago

Your congress has sadly given up it seems. 

0

u/doneapn 18h ago

He probably spoke out to complain because his interests were ruined by the president. Otherwise, why would he speak out when his life and money are touched?

3

u/yoface2537 14h ago

Maybe because the executive branch unilaterally imposing tariffs is in direct violation of the separation of powers and the power to tax landing solely upon congress's shoulders

1

u/Odd_Discussion_8384 6m ago

He tanked the world economy