Posted on 02/08/2016 2:50:05 AM PST by expat_panama
Donald Trump said Sunday that there's one issue on which he and Sen. Bernie Sanders (I-Vermont) agree: trade.
In a CNN interview Sunday, Trump pointed out that he and Sanders both opposed the Trans-Pacific Partnership, the multinational trade agreement brokered by the Obama administration.
The deal aims to reduce tariffs and put legal standards in place in the 12 participating countries.
"The one thing we very much agree on is trade. We both agree that we are getting ripped off by China, by Japan, by Mexico, everyone we do business with," Trump said.
But though the mogul suggested that he and Sanders both agreed on the issue, Trump argued that only he could make "absolute gold" out of future trade agreements.
[snip]
Though her State Department once led TPP negotiations, former Secretary of State Hillary Clinton came out against the deal earlier this year. She has taken issue specifically with the final product's currency-manipulation-enforcement measures and concessions to the pharmaceutical industry.
(Excerpt) Read more at businessinsider.com ...
By your unseemly rambling and insults, it seems you are an entirely irrational loon.
Totally made up BS. Never happened, can't happen it is unconstitutional.
GloBULList think they have a lock on “conservatism”.
I don’t know, what is they say about people without any sense of humor whatsoever?
Oh, sorry, obviously I’m asking the wrong guy.
Maybe that puny guy knows, people were funnier around 1800.
We protectionists think open markets, free trade and income taxes are also legitimate economic policy albeit very destructive. We are saying both are viable we just disagree as to which one is the better system.
On the OTH you called protectionists economic illiterates and stupid when free trade relies on budget deficits, ever increasing income taxes and imbalanced trade. Well we've seen what Free Traitors™ have done to this once great country so go pack sand. Your day has passed and good riddance.
Go Trump, go!
And you still won’t (and can’t) deny that you’re nothing but a protectionist, willing to impoverish everyone over your fatuity.
Unseemly? OK, you’re entitled to your opinion. The readers here can figure out for themselves who might be unseemly.
I need say no more, your rubbish has been refuted without meaningful rejoinder from you. If you have one please serve it up, I’ll be happy to send it to the same pile where the rest of your BS resides.
And yet you keep talking!
Before 1980 we had trade surpluses and we were basically self sufficient in manufacturing. We didn't seem impoverished then. A 20% tariff on imported manufactured goods wouldn't impoverish anyone. Demagogue much?
George Washington was a protectionist and I am a protectionist. Marx was a free trader and you are free trader. Need I say more.
Ass munches?
Seriously?
Dude, you and protectionist buddy Puny need to get out of the 1800s.
Contrary to your delusions, free trade has NOTHING to do with budget deficits, they’re a function of profligate government spending, which is not a function of private trade, free or not.
Free trade has NOTHING to do with income taxes, “ever increasing” or not.
Free trade has NOTHING to do with “imbalanced trade” there really is no such thing. I already explained the accounting identity in our balance of payments.
You and Puny seem to be impervious to facts. Must be fun to imagine that you’re living in the 1800s.
You are an historical idiot. Up to 1913 the government ran on tariffs. There is a direct correlation between the income tax, progressivism and elimination of tariffs. What fools gloBULLists are. Karl Marx would laugh at what a tool you are.
I think we are in the waning days of Free Trade and I thank God for it.
So, by refusing to respond, you admit that you have no meaningful rejoinder to anything I’ve said.
That’s OK, you can go peddle your nonsense on some other thread.
Your Bernie Madoff accounting methods are joke.
Free Trade is what impoverishes a nation that spent 100 industrializing. You have it bass ackward.
I admit only that you are irrational, and the only thing worth doing is ridiculing you
You are such a target-rich environment of economic illiteracy, I hardly know where to start.
How about here: “Before 1980 we had trade surpluses.”
Well, no, that’s false, you don’t know what you’re talking about. We ran trade deficits in ‘71, ‘72, 74, ‘76 and every year thereafter.
See: www.census.gov/foreign-trade/statistics/historical/gands.pdf
But, so what? Who cares? For every trade deficit, there was an investment surplus. Remember that accounting identity thing? Well, probably not, you’re a bit of an idiot.
And here: “A 20% tariff on imported manufactured goods wouldn’t impoverish anyone.”
The issue isn’t whether anyone will be impoverished.
Some number of people would be directly benefited. Those benefits would be more than offset by the much larger loss by the society in general due to higher costs and lost opportunities.
The benefits are easy to identify and count. X people made Y money, which is more than the Z money they used to make (pre-tariff.)
The costs are diffuse. Everyone suffers higher costs, generally. Some people aren’t employed who would have been or wind up working for less than they would have otherwise. Some companies never get started at all.
This is the classic screen you protectionists hide behind. A few people directly benefit. The rest of us get screwed.
Marx? He was an idiot. Don’t waste your time. That’s on a par with your previous lame “ass munch” attempt at an insult. Poor form, dude.
“There is a direct correlation between the income tax, progressivism and elimination of tariffs.”
Well, that’s nice, but correlation doesn’t equal causation. If you don’t understand even that much, I’m wasting my time. Income taxes started out as tiny percentages on very high incomes only. They replaced clumsy tariffs as revenue raisers. Yeah, the a-hole liberals got ahold of it and went crazy. 92% (which nobody paid) got rolled back to about 40%, which very few pay. It’s still too high because the government is too big. Give it a rest, we ain’t going back to tariffs.
Bernie Madoff? OK, it’s clear that you don’t understand even the rudiments of accounting, either.
You’re both an economic and accounting illiterate and ignoramus.
I wish you good luck because you’re gonna need it. A lot of it.
OK. No problem. Start ridiculing me anytime you wish.
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