Matias Vernengo explains GOP Scheme to Redistribute Wealth Upward, Again

Matías Vernengo, Professor of Economics Bucknell University and Naked Keynesianism blogger joins Rick to share his thoughts on the lead trial balloon floated and then shot down by the Trump administration on a 20% tax on Mexican goods to pay for Mr. Trump’s wall, and to discuss why tariffs may not necessarily be a bad thing and more importantly how this plan was a major scheme to redistribute wealth upward.