ST. LOUIS (KMOX) - Former President Donald Trump made an appearance at the Economic Club of New York and one of the major discussions during his appearance was his policy to help stop the increasing rising costs of child care.
During his appearance, Trump seemingly suggested increase tariffs on foreign imports would solve seemingly unrelated challenges such as the rising cost of child care in the U.S.
“Child care is child care, it’s something you have to have in this country. You have to have it,” Trump said, according to the Associated Press. Then, he said his plans to tax imports from foreign nations at higher levels would “take care” of such problems.
Political analysts John Hancock and Michael Kelley, hosts of "Hancock and Kelley" joined Total Information A.M. right before their program to discuss the comments and both agreed that it is not a good policy by Trump.
"The president doesn't even understand what his tariff rhetoric is," said Kelley. "This is just a man talking from his keister. Someone said to me this is the classic case of the guy who didn't read the book in school. That's true. He was just making a word salad there."
Hancock, a Republican strategist, says while there has been history of the U.S. funding the government with tariffs, it is bad policy.
"His insistence of imposing tariffs, who is apparently now the cornerstone of his economic policy, all I can say is it's inflationary," said Hancock. "It's going to raise the price of everything we buy."
"As a matter of economic principle, they are a really bad idea. I understand wanting to support U.S. industry and the government has a right to roll a plan doing that, but by injecting the government into the market by inflating the costs of goods sold is a recipe for economic stagnation."