As the Tax Foundation’s Erica York quickly pointed out, about 150 million people make less than $100,000. She noted that sending each of them a $2,000 check would cost $300 billion, and Trump’s tariffs are only projected to raise $217 billion annually.
Archive article: https://archive.is/Ih7jO
He struggles with basic math in general, not just on this matter. He’s still insisting that he’s going to bring drug prices down 1000%, months after he started saying that. He struggles with basically anything actually.
When he says he’s going to reduce drugs by thousands of percent, I think he looks at the price of drug x in, for example, Germany and sees a price of $10 then he looks at the price in the USA of $160. So the USA price is 1600% of the Germany price.
He claims to reduce them to the Germany price, and then screws up on how percentages work and says he’ll reduce it by 1600%, instead of what he should say, which is reducing it by 94%.
So that’s how I understand the comments he makes. Either way he’s full of shit and won’t actually reduce them at all, but I think I get why he thinks he is correct in stating percentages in the thousands.
The man who means what he says always needs interpretation.
Don’t “sane wash” the ravings of a mad man.
well I think you lost me there. I doubt he looks at fucking anything
Ah, that makes sense. He’s definitely an idiot for not knowing how it works and he has to know that people are laughing at him and he just keeps repeating the same stupidity.
It’s likely one part of a statistic he heard somewhere. The only part that registered was the number.