Thomas Sowell

It's painful to see what a ruinous decision from back in the 1920s being repeated. Now, insofar as he's using these tariffs to get very strategic things settled, and that he is satisfied with that. But if you set off a worldwide trade war, that has a devastating history.

Take me home.

It's me, Frank Jr. Love you. Hey, Dad. Boy, do I miss you.

No, what the government is trying to do is to set up programs justified on the assumption that they are equalizing. I think the crucial thing is that when you try to create this equality, you don't create the equality, you create something else. I've been doing studies now for 20 years of programs designed to increase equality.

they increase inequality, because even when the programs are designed for disadvantaged groups, they help the affluent members of disadvantaged groups, while the lower members of those groups fall further behind than ever before. And not just in the United States, in India, to some extent in Malaysia, the very same thing is happening.