Posted on 02/28/2016 5:15:52 AM PST by reaganaut1
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Lastly, Trump touts a trade policy aimed to keep jobs in America and even bring them back. The way he will do this is a little unclear, but appears based on “getting tough” with our trading partners by imposing significant tariffs on countries he deems are not “fair traders” and even, somewhat problematically, on individual U.S. companies who move operations outside of the country (or potentially grow foreign-based operations but not U.S. operations, or curtail U.S. operations but not foreign operations — the policy is vague and potentially capricious). Most economists will agree that such protectionist trade wars do not save U.S. jobs. Indeed, they cost jobs. Targeted countries will enact their own punitive tariffs on U.S. goods, costing jobs in U.S. industries and agriculture. And there is no guarantee that the industries being targeted by us will bring operations back to the U.S. Shifting the location of manufacturing operations is a long and expensive process, and companies don’t take such actions based on trade policies that are likely temporary. In the meantime, those imported goods carrying high tariff duties will still be coming in from China or Mexico and will just cost U.S. consumers more money — which they will then not have available to spend on other goods and services. Trump’s trade policy is a jobs killer.
Furthermore, Trump’s specific allegation that China keeps the value of its currency, the yuan, artificially low in order to undercut the prices of U.S. goods is simply false. It is something they have done in the past, but for more than a year China has actually been intervening in the currency markets to try to keep the value of the yuan higher than what market forces are dictating.
(Excerpt) Read more at spectator.org ...
It this case is was meant to infer not to respond rashly and with critical gusto, instead, buy time and construct a more civil approach.
True or false:
The US exports $130B worth of goods to China, mostly engineered products like aircraft, medical devices, and capital goods, along with some agricultural products?
The US imports a little over $400B from China, mostly low labor value content consumer goods?
You really should have included a </sarcasm> tag. Trumpers actually believe all that.
True or false, your question is cherry picked and disingenuous.
Pro-life: “I am very pro-choice.” -Donald Trump
Pro-Second Amendment: “I support the ban on assault weapons.” -Donald Trump
Openly Christian: “I go to communion and that’s asking forgiveness... Why do I have to repent or ask forgiveness if I am not making mistakes?” -admitted serial adulterer Donald Trump
Answer the questions...
If he does it isn’t going to be the way Reagan did it. Reagan did it with deregulation and free markets. Trump believes in using the bully pulpit to manipulate markets.
Pathetic: miserably or contemptibly inadequate
Brilliant businessman: he claims to have a 160 IQ but his vocabulary and lack of maturity says otherwise. His “successful” business was inherited, and since taking the reins Donald has underperformed the average mutual fund.
He’ll “hire smart people” yeah, I’m sure that’s never occurred to other presidents.
He’s “non establishment/beholden to no one” Hahahahaha! He’s a self proclaimed crony capitalist. He doesn’t have to represent billionaire special interests, he IS a billionaire special interest. He’s cut out the middleman!
He has for entire life supported, believed, and contributed to exactly the ideas and people you say he is leading a revolution against. Gullible much?
Because having government make decisions like that just works out so well.
Not a chance. What Trump fails to comprehend, and many of his supporters, is that he isn’t being elected king and he’ll need Congress to pass laws. Otherwise, we end up with another that he already have, and sorry.....but no thanks.
You're 'pulling a Cruz' by claiming to see the future while tossing in some personal insults along the way. Hey! It ain't workin' too well for Ted 'globalist' Cruz.
You figure by using your tactic you can blind folks into giving up and continuing the globalist free-fall. You know, some of us are will to take a rider on Trump rather than being a quitter with CRuz.
Here's a clue: what elites say will not work is exactly what they are doing... Did that idea ever dawn on you.
All the pontificating about “Trump will fail at this or he believes in that” strikes me funny. Here we have a non-politician who does not follow the established modes of doing...anything. It’s part of his appeal & one of the many reasons he is crushing Cruz, Rubio & Kasich. He is always thinking & planning outside the box & yet the politicians, GOPe, MSM & the rest want to create a box to put him in.
Do I KNOW to a certainty he will do what he says he is going to do? Nope. I such at reading the future & fail at mind reading. So does everyone else so it doesn’t bother me lol. I do believe Trump over the politicians trying to take him down.
Hope everyone has a very happy Super Tuesday :)
Cut the corporate rate to 10% for US
35%for foreign earning unless returned to US at a 10% rate
This is every retread possible. I also eschew articles that attempt to summarize what people say instead of fully quoting what they say, as is the case of the ‘hit missive’ using Franklin Graham.
It is the EPA that is driving most industries out
They have killed the supply lines
You need mining to produce minerals that go into products
You need forest products to make things
They have kill the logging industry in the west
All the chip makers went overseas because of the EPA
What is it?
Didn’t Reagan save Harley Davidson with “protectionist” tariffs on Jap motorcycles in the 1980’s. It obviously worked. What’s the problem with tariffs to protect our jobs and industries?
Well, good for you. And surely, you are among those benefiting from the current situation.
Ponder this for the country: as a service oriented economy how can we maintain our previous standard of living... or, is that previous standard of living only for government employees and business folks such as yourself?
Ponder further: is our culture as it turns into small towns of 'call to prayer' five times a day acceptable to you... or, since you are isolated from it a non issue?
I don't expect you to have sympathy for the common Chinese folk who make IPones - that cost $600 - and are made by peasants living in warehouses and eating gruel... but what about the common folks in this country?
And finally, is your concept of conservatism one that actually matched the founding fathers whose first tax was a tariff to protect the fledgling country? Is your brand of conservatism actually nothing more than globalism which ignores the country that provided you with the opportunity that you gladly deny others?
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