Economic Policies and Tariffs Discussion

America's gonna be very rich again, and it's gonna happen very quickly.

It's time for the United States to return to the system that made us richer and

more powerful than ever before. Do you know, the United States in

1870 to 1913, all tariffs,

and that was the richest period in the history of the United States,

relatively speaking, in other words, relatively.

And we-- They set up the great Tariff

Commission of 1887, and this

commission had one function, what to do with all the money that we

took in. It was so enormous that they had no idea.

It was a blue ribbon committee. It was set up 1887,

and what to do with all of the money that we had.

And again, uh, Teddy Roosevelt was a beneficiary because when

McKinley was, uh, killed, he took over this

vast sum of money, and he did all of those national parks and

all of the other things. And I'm not knocking him, but he

was given a vast amount

of money, and that was all made through tariffs. As I...

We had no income tax. The income tax came in in 1913.

As I said in my speech last week, instead of taxing our citizens to

enrich foreign nations, we should be tariffing and taxing

foreign nations to enrich our citizens. Does that make sense, right?