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Trump's flawed policies would threaten the global economy, say analysts (or bring back jobs)
The Guardian.com ^ | Wednesday, August 26th | Tom McCarthy

Posted on 08/27/2015 4:20:21 AM PDT by Cringing Negativism Network

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To: rbg81
The word “global” is code for America taking it in the shorts.

Not America...Americans. For the U.S.-elite who profit from worldwide cheap labor, there is no more America, and Americans don't matter except for being consumers. Which is why Tariffs would work.

21 posted on 08/27/2015 4:55:14 AM PDT by Wolfie
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To: Cringing Negativism Network; C. Edmund Wright

Maybe it’s a language or definitional problem. CNN, what is a ‘trade deficit’? Please explain it in your own words.

Now, CEW, watch it [I believe CNN and CentVA are actually a group of people trolling FR on behalf of a union donor] dodge the question just like a Lefty. They don’t have any stinkin’ definitions, nor do they want clarity. Clarity calls for thinking, not just emoting.


22 posted on 08/27/2015 4:57:24 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

Baloney.

I have NEVER supported any union.

You lie, bigtime with that.


23 posted on 08/27/2015 4:58:59 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: 1010RD
Modern free traders, on the other hand, embrace their ideal with a passion that makes Robespierre seem prudent. They allow no room for practicality, nuance or flexibility. They embrace unbridled free trade, even as it helps China become a superpower.

They see only bright lines, even when it means bowing to the whims of anti-American bureaucrats at the World Trade Organization. They oppose any trade limitations, even if we must depend on foreign countries to feed ourselves or equip our military.

They see nothing but dogma - no matter how many jobs are lost, how high the trade deficit rises or how low the dollar falls.

The venerable history of protectionism

24 posted on 08/27/2015 5:00:33 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Cringing Negativism Network

I’m tired of buying cr** from China.


25 posted on 08/27/2015 5:02:36 AM PDT by Sacajaweau
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To: 1010RD
Central VA is not union country. I have never been in a union. I don't even know anyone in a union.

To be honest I Sometimes wish there was a STEM union, the H-1B visa program is an abomination and needs to be fought tooth and nail and a strong STEM lobby might do the trick.

26 posted on 08/27/2015 5:03:19 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: 1010RD
Good analogy but you left out a few things.

The grocer wants to kill you and every time you spend money in his store he uses the profit to buy weapons for himself and his friends who also want to kill you. They want to take your house and rape your wife. So yes by all means keep sending money to China.

27 posted on 08/27/2015 5:04:36 AM PDT by jpsb (Believe nothing until it has been officially denied)
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To: Sacajaweau

We were told that products made in China were going to be cheaper. Well they were right; they are not cheaper in price, only in quality.


28 posted on 08/27/2015 5:05:02 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: 1010RD

I am not talking about central planning. I’m talking about a long term view that isn’t skewed to change voting demographics.

A perfect long term view would be to do as much as possible within the purview of the Constitution to get government the hell out of everybody’s business. Incentivize business where it has authority and stop its intrusion where it has no authority under the Constitution.

It is no accident that China has relaxed its views on capitalism, entrepreneurship and the like over the last few decades.


29 posted on 08/27/2015 5:06:33 AM PDT by Gaffer
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To: Gaffer

Who sets the long view? Central planners or individual Americans exercising their individual liberty?

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

We have less than a quarter of their population.


30 posted on 08/27/2015 5:10:33 AM PDT by 1010RD (First, Do No Harm)
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To: Gaffer

China practices China-first in business, does not allow foreign ownership (true ownership) it is always just a 49% minority, and their entire “immigration” fiasco is China-first.

Only ethnically Chinese, can immigrate there.

We are foolishly selling out our very own nation.


31 posted on 08/27/2015 5:10:46 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: 1010RD

1. Americans don’t “set their long view” The Federal Government does that by the debt it creates, the devaluation of its true currency worth through borrowing and intrusion in every aspect of their lives - in every area, and in making international deals of every flavor without benefit of oversight.

2. At this point in time, Americans have no “individual liberty”.


32 posted on 08/27/2015 5:17:16 AM PDT by Gaffer
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To: 1010RD
But wait... There's more...

Your grocer on your side of the border grows produce in highly regulated fields where the soil is tested, the fertilizer is tested, the machinery is tested, the transport is tested, and the workers are your neighbors who are paid like you. Across the border, that grower is pooping in the fields, nothing is clean, the machinery is decrepit, and they're paid subsistence wages.

Your grocer wants to sell across the border to your foreign counterpart but that government says no, they can only buy from their own grocers. But that government wants their grocers to also be able to sell to you. Your government says okay, and then they sell their groceries for $50 because they don't inspect the soil and manufacturing process, and they don't pay their workers the same wage.

-PJ

33 posted on 08/27/2015 5:18:04 AM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: Cringing Negativism Network

Trade surpluses or trade deficits don’t need to be “fixed”. Not overall and not with any one country. I like Chinese cheap goods and I want to keep getting them. I don’t want to subsidize having Americans give me a more expensive product. Do you want the US to be a textile driven economy or one that actually has high paying jobs?


34 posted on 08/27/2015 5:24:23 AM PDT by impimp
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To: Cringing Negativism Network
“The truth is that while a small fraction of American manufacturing jobs migrated overseas over the past few decades, a far greater fraction of manufacturing jobs simply disappeared and are not coming back,” wrote Drezner. “The far bigger driver of these job losses is the creative destruction that comes from technological innovation and productivity increases.”

Correction, Mr. Drezner: Those technological innovations and productivity increases could have more easily occurred right here in the USA, were companies in the USA not so shackled by government regulation and high taxes.

Productive American citizens and productive American businesses are being sucked dry to feed growing populations of sub-human parasites who are fed by the parasitic government -- and some of those parasitic sub-humans are the wealthy crony communists of the Democrat and GOP establishment, media and entertainment, government unions, etc., who are fighting to keep the cronyism gravy train running.

In their view, the American middle class is a threat to the global economy.

35 posted on 08/27/2015 5:29:04 AM PDT by meadsjn
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To: meadsjn

I completely agree.

We have traded one challenge (unions) for a larger challenge (Communist China - with now a larger export base than even America).

We still do not have rights in China. Americans cannot truly own anything there, the jobs are done by Chinese, and we cannot even immigrate there, yet our businesses are all going, nevertheless.

I don’t understand, and I don’t agree.

Donald Trump is the ONLY person anywhere, saying it.

He’s it.


36 posted on 08/27/2015 5:34:27 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Political Junkie Too

How many restaurants have you dined at again after getting botulism? Let the cheap goods enter America. I love saving money. All year long I enjoy fruits and vegetables despite the fact that most are not grown here or in sufficient quantities.

In the particular cases you cite even consumers know to wash their fruit. Once it was discovered that the Chinese had made sulfur laced drywall, nobody would buy Chinese drywall and the American mfgs thrived. No government intervention needed.


37 posted on 08/27/2015 5:35:04 AM PDT by 1010RD (First, Do No Harm)
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To: Cringing Negativism Network

I just want to make ‘one’ point. People, no matter where they live, want to get the biggest bang for their dollar. Fine that’s great, wonderful even, however to do that they need to have the money in the first place.

The best way to do that is with a Job that can pay all of your bills plus have enough left over to spend on the things that can make life more enjoyable. Like clothes to keep you warm in the winter or clothes to make you look more attractive to the opposite sex, etc.

If you send all of the high paying and then the middle paying and finally the lowest paying jobs out of the country then it’s either welfare and the EBT card or do without. And frankly the EBT card will only work until all of the taxpayers and lenders of money to the government have no more left to tax or lend.

And then my FRiends... you have a failed country. Venezuela or Zimbabwe for example. Both were once fabulously rich in resources and ability to find work. Now look at them... failed social experiments at best or more accurately put; successful Kleptocracys.


38 posted on 08/27/2015 5:36:20 AM PDT by The Working Man
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To: 1010RD; Cringing Negativism Network
If you buy $100 worth of groceries from your grocer there is no surplus or deficit. You got exactly what you paid for. You traded dollars for goods and did so of your own free will and choice. So did the grocer. Now, set your grocer across the border in Canada and it’s still the same.

That's way too simplistic an example of whats going on between China and USA, starting with the notion that America is just a 'customer' and not a competing marketplace.

39 posted on 08/27/2015 5:43:15 AM PDT by mac_truck (Aide toi et dieu t aidera)
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To: Cringing Negativism Network

CNN, you and me started this thing on Free Republic, it looks like we are getting a lot of converts or patriots who are feeling it is ok/safe to speak up against 40 years of disastrous gloBULLism. Some times it is ok to pat yourself on the back.


40 posted on 08/27/2015 5:48:12 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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