Big Red Car here in the ATX on a lovely day. Got a call from Donald Trump, who said, “Big Red Car, you’re handy with numbers, right?” Before he said anything else, I knew he was talking about the WALL.
“Yes, Donald, I am,” says I.
“How would YOU finance the WALL, Big Red Car?”
To which I reply, “Well, Donald, I’d put a little tariff on imports and exports. That’s what I’d do.”
“Will that work, Big Red Car?” asks That Donald.
“Of course, it’ll work, Donald.”
“Thanks, Big Red Car.”
“Best to Melania, Donnie. See you when the WALL is finished.”
[Melania loves the Big Red Car. Huuuuuuuuuuuuuuge!]
US – Mexico Trade
The US imports $280,000,000,000 from our brethren to the south.
The US exports $226,000,000,000 to Mexico.
Thus, the US has a trade deficit of $54,000,000,000. Deficit means we buy more of their stuff than they buy of our stuff. You have heard that number before, no doubt.
Total trade between the United States and Mexico is $506,000,000,000. [Add the imports and exports, Calvin. Sheesh!]
OK, Big Red Car, how much is the WALL going to cost?
The WALL is estimated to cost somewhere in the neighborhood of $5,000,000,000 — “pricey neighborhood,” sayeth the Big Red Car.
Still, in the size of the US – Mexico trade relationship it is not that big, no?
No, Big Red Car, it isn’t that big.
How long to build the WALL, Big Red Car?
The WALL will take less than five years to build.
The aggregate distance of the US – Mexico border is approximately 2,000 miles, so to get the job done in 5 years, we need to build about 400 miles per year. No hill for a climber.
Nice pic of another WALL project somewhere in China, no? Looks familiar.
How you gonna pay for it, Big Red Car?
We are going to put a tariff of 0.25% on all goods flowing either to or from the sovereign nation of Mexico.
Not very much is it, dear reader?
Each year, that is going to generate $1,265,000,000 in gross revenue. Over 5 years, that will total $6,325,000,000.
[The remaining balance will be used to renovate all 1966 convertibles starting with a new paint job for the Big Red Car, y’all. Hey, I’m looking for my little bit of mordida, no? I’m a freakin’ capitalist.]
Voila, the WALL is built. The WALL is paid for (by Mexico essentially) and the country is secure.
Who is going to miss 0.25% of anything?
Big Red Car, it’s easy, isn’t it?
Yes, dear reader, the building of the 2,000 mile WALL is easy. Easy to build at 400 miles per year. Easy to finance. Easy, easy, easy, easy — the border is secure.