Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (5) |
Author: abromber   😊 😞
Number: of 21944 
Subject: Re: Investing in the USA
Date: 09/29/25 5:59 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 12
” One of the challenges is that the discussion about tariffs on an apolitical basis has been tainted by partisan politics. [snip] The following is not meant to support either position, but rather look at the new contours of the country's economy.”

Jeff, thanks for the thoughtful post. Some of the conflict and confusion you describe is inevitable, because the Tax Code is designed to do two things simultaneously: raise revenue and influence behavior. So an apolitical discussion of tax policy is pointless, except maybe among academics. In the real world, if you don’t like the politics, you probably won’t like the policy and vice versa. Change one, you change the other. That’s a feature, not a bug.

To your main point, the US government was once financed primarily by tariffs, but as you note, those days are long gone. Political control of economic policy was more direct and immediate back then, as was corruption, although both seem to be making a comeback (coincidence?) This is not a problem caused by left or right. Everyone does it. It’s why we have become so cynical.

Personally, I agree we need change in how we finance the government (and elections), but IMHO tariffs are a step backwards, not forwards. Some original thinking would be more welcome.

P.S. The same applies to immigration policy, but that is another discussion. Onward!

abromber
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to abromber here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (5) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community