Reply to What will happen to the economy and stock market if SCOTUS rules Trump tariffs are unconstitutional?

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[quote=Anonymous]At present, the Roberts Court has zero credibility anymore. The Supreme Court is a banana republic Court.

But this is the one case where they will get some buy in from conservatives - like the farm state people - who don't love tariffs. I do expect them to rule that tariffs belong in the legislative branch, rather than the executive branch.

If Mike Johnson and John Thune want to legitimize the tariffs, they certainly can. Republicans control everything.

This is their problem.

As for the market, it's a huge bubble regardless. But taking away the tariff money puts the US in an even worse place. Republican tax cuts don't pay the bills, so I'd expect the dollar to tank even further as the debt levels go extreme. All your tax dollars are going toward paying the interest on the debt - 39 trillion and rising, with nearly half of that due to Trump. The real risk is the rest of the world abandoning the US dollar as the reserve currency.

Things get very catastrophic at that point. [/quote]

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