In 1828 the so-called “Tariff of Abominations” was enacted by the US Congress. The reference to abominations indicated just how fraught and divisive the legislative process had been.
Additionally, the use of such an Old Testament word was no accident. For much of the 19th Century and even into the early 20th Century it was second nature for American politicians and electorates to consider questions of government policy within a Biblical frame.
Of course economic policy decisions such as President Trump’s trade tariffs can be subjected to the “tests” set by professional economists (of which I am one). Such testing against economic theory, like every part of human knowledge and “science," is fallible. Nevertheless, it is notable that the polling by the University of Chicago Clark Center [sic] for Global Markets demonstrates how the overwhelming consensus amongst economists is that the tariffs will, on balance, cause considerable harm to both the US and the rest of the world.
Why does Trump get things back to front?
One of President Trump’s flaws is that he too often gets things the wrong way round. To put it simply, …