Mar 17, 2017
At every campaign stop, and on every occasion that presented itself, then-candidate Donald Trump would engage in a call-and-response ritual with his audience. After promising to build a border wall, Trump would ask his supporters, “Who’s going to pay for it?” With one voice the reply would come: “Mexico!”
Writing in the Ron Paul Liberty Report, budget analyst Nick Bernabe explains to taxpayers, “You’re paying for it, not Mexico, and Trump’s newly released White House budget has made it official.”
The Trump administration’s first budget outline, which was released on March 15, “calls for taxpayers to fund $4.1 billion through 2018 for Trump’s wall along the southern border of the United States,” Bernabe elucidates. “But that’s just for the initial construction. According to DHS estimates, the overall cost to taxpayers could be $21.6 billion, a figure that will likely be even higher considering the government’s penchant for going over budget and deadlines” – and the fact that maintenance costs tend to grow geometrically.
“But wait, there’s more,” Bernabe adds. “Because Mexico has made it abundantly clear that it will not pay for America’s `great’ wall, Trump has floated the idea of slapping a 20 percent tariff on all goods imported from Mexico to make up for the cost. This idea may sound legitimate if you disregard the laws of economics, but the reality is that Americans will wind up paying for the tariffs through higher food and consumer prices.”