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Why Trump Is Winning: The Hypocrisy -- And Disaster -- Of American Trade Policy
Forbes ^ | February 1, 2016 | Eamonn Fingleton

Posted on 03/15/2016 9:11:11 PM PDT by gg188

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To: timestax

Lovely poster, but I would not include Rush in this rogues gallery. He straddles the fence. It’s why he has lasted so long. Yet his “Balance” often damns Cruz with faint praise, to my ear. I thing he is secretly very positive towards Trump, and his commentaries are constructive on balance.


21 posted on 03/15/2016 10:28:13 PM PDT by Disestablishmentarian (.)
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To: gg188
The Betrayal of American Prosperity

CONSIDER THIS SHOCKING FACT: while China's number one export to the United States is $46 billion of computer equipment, the number one export from the U.S. to China is waste $7.6 billion of waste paper and scrap metal.

Bestselling author Clyde Prestowitz reveals the astonishing extent of the erosion of the fundamental pillars of American economic might beginning well before the 2008 financial crisis and the great challenge we face for the future in competing with the economic juggernaut of China and the other fast-rising economies. As the arresting facts he introduces show, the U.S. is rapidly losing the basis of its wealth and power, as well as its freedom of action and independence. If we do not make dramatic changes quickly, we will confront a painful permanent slide in our standard of living; the dollar will no longer be the world's currency; our military strength will be whittled away; and we will be increasingly subject to the will of China, Russia, Saudi Arabia, and various malcontents.

But it doesn't have to be that way. As Prestowitz shows in a masterful account of how we've come to this fateful juncture, we have inflicted our economic decline on ourselves we abandoned the extraordinary approach to growth that drove the country's remarkable rise to superpower status from the early days of the republic up through World War II. For most of our history, we supported our home industries, protected our market against unfair trade, made the world's finest products leading the way in technological innovation and we were strong savers.

But in the post-WWII era, we reversed course as our leadership embraced a set of simplistically attractive but disastrously false ideas that consumption rather than production should drive our economy; that free trade is always a win-win; that all globalization is good; that the market is always right and government regulation or intervention in the economy always causes more harm than good; and that it didn't matter that our factories were fleeing overseas because we were moving to the "higher ground" of services. In a devastating account, Prestowitz shows just how flawed this orthodoxy is and how it has gutted the American economy. The 2008 financial crisis was only its most blatant and recent consequence.

It is time to abandon these false doctrines and to get back to the American way of growth that brought us to world leadership; Prestowitz presents a deeply researched and powerful set of highly practical steps that we can begin implementing immediately to reverse course and restore our economic leadership and excellence.

The Betrayal of American Prosperity is vital reading for all Americans concerned about the future of the economy and of our power in the coming era.

22 posted on 03/15/2016 10:32:28 PM PDT by Pelham (more than election. Revolution)
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To: PGR88

Do you have a source that shows duty free access for Chinese auto parts?


23 posted on 03/16/2016 12:28:16 AM PDT by 1rudeboy
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Big Daddy Trump - and his government - will protect us poor victims.


24 posted on 03/16/2016 1:12:37 AM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: D-fendr

How have all these great Deals worked so far. Get a clue! It’s time to stand up, not bend over anymore while other countries rape and pillage.


25 posted on 03/16/2016 1:23:33 AM PDT by stocksthatgoup (GOPe/MSM - "When we want your opinion, we will give it to you.")
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To: Menthops

The corrupt, rotten-to-the-core GOPe has brought Trump, and therefore its own destruction, upon itself.


Time for the American people and our country. Go Trump


26 posted on 03/16/2016 1:25:54 AM PDT by stocksthatgoup (GOPe/MSM - "When we want your opinion, we will give it to you.")
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To: gg188

Trade and immigration. The two issues Trump has over the rest.

Recent announcements of large companies bailing out of the negative business environment the US has created.

Avon is moving to Britain
Johnson Controls moving to Ireland


27 posted on 03/16/2016 2:15:22 AM PDT by Vinnie
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To: gg188

Our government..High crimes and misdemeanors. Trump is the only one who can pull us out of this. He understands the problems and what is at stake. No wonder some foreign leaders are trying to influence the election against Trump. They do no want to lose their their Sugar Daddy..The US Government and the perks.


28 posted on 03/16/2016 3:23:49 AM PDT by jazzlite (esat)
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To: gg188
American officials and commentators consistently sweep under the rug: just the most obvious is that it forces the transfer of American production technology. Consider how China has manipulated General Motors, Ford, and Chrysler. They have been told that to sell in China they must manufacture there. Not only that, they must bring their best production technology, which then promptly leaks to Chinese competitors.

I have a hard time believing everyone at GM, Ford or Chrysler is getting "manipulated" in a business deal. If a foreign government could manipulate them this easily, they would have been out of business decades ago.

29 posted on 03/16/2016 3:54:31 AM PDT by Alberta's Child (Bye bye, William Frawley!)
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To: Alberta's Child
I have a hard time believing everyone at GM, Ford or Chrysler is getting "manipulated" in a business deal. If a foreign government could manipulate them this easily, they would have been out of business decades ago.

And what is the solution? These are cars meant for the Chinese market and not the American one. Will President Trump tell them they can't sell in China?

30 posted on 03/16/2016 4:04:00 AM PDT by DoodleDawg
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To: Vinnie
Avon is moving to Britain

Avon has sold its North American operations. Why keep your headquarters in a country where you don't do business?

31 posted on 03/16/2016 4:05:04 AM PDT by DoodleDawg
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To: DoodleDawg
And what is the solution?

I'm not sure I even understand exactly what the problem is.

A major company wants to do business in a foreign country run by a totalitarian government. The totalitarian government lays out the terms for them to do business there. They either accept the terms, or they don't.

Why the hell would I care if that company loses out on the deal in any way? This isn't a political problem that needs a "solution."

32 posted on 03/16/2016 4:11:38 AM PDT by Alberta's Child (Bye bye, William Frawley!)
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To: Alberta's Child
This isn't a political problem that needs a "solution."

Recognizing that government should stay out is the conservative answer. Which is why Trump isn't following it.

33 posted on 03/16/2016 4:24:15 AM PDT by DoodleDawg
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To: All

Trump is winning because people with jobs are protesting.


34 posted on 03/16/2016 4:33:58 AM PDT by Maverick68
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To: DoodleDawg
It's worth noting that this point about China's "manipulation" of Ford, GM and Chrysler shows up in a financial magazine -- but have any of those companies actually complained about it?
35 posted on 03/16/2016 4:38:08 AM PDT by Alberta's Child (Bye bye, William Frawley!)
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To: gg188

I’m tired of “why Trump is winning” threads. I think the primary results are making the reason rather obvious...(while a second headline shows the GOP supported a “core education” Obama nominee).


36 posted on 03/16/2016 4:40:28 AM PDT by ThePatriotsFlag ( Anything FREELY-GIVEN by the government was TAKEN from someone else.)
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To: Company Man

Even more amazing is how conservative pundits, especially Mark Levin, have swallowed the line that crony capitalist, globalist rigged trade deals are part of the conservative holy writ. All dissenting conservatives are condemned to the political equivalent of hell by Levin and his crew.


37 posted on 03/16/2016 4:56:11 AM PDT by TheConservativeBanker
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To: gg188

Please. American trade negotiators/regulators are not cream puff, nor are they incompetent. They obey their corprorate masters and do exactly what they’re told.


38 posted on 03/16/2016 5:09:54 AM PDT by Wolfie
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To: Neu Pragmatist

Levin and others have been wrapping our current trade policy up in the Reagan/Constitutional flag ..saying if we disagree and oppose

our current trajectory , we are somehow un-Patriotic ... they are sick and delusional ...this can’t go on forever

Very well said.

I have forgotten how many times the "experts" and "Conservatives" on this forum have said that if America takes ANY action,
no matter how small, to make international trade fair, that we're DOOMED!

The US has been economically gang raped by the rest of the world for decades.

There has been a trade war going on. The rest of the world against us, and we haven't even fired a shot.

There was an excellent article posted here about 2 weeks ago.

The writer said that "Conservative" doesn't mean anything any more, at least nothing good.

The "Conservative" movement has developed a sadistic fetish for "free trade."

We all know what "free trade" means, don't we? Send all our jobs overseas so a handful of
corporate hacks can make a fortune on their stock prices and bonuses. They win, the rest of the world wins, the American middle class loses.

This has been going on for decades. There is no more need to forecast or predict it. EVERYBODY in America over the age of 35
knows what the American economy used to be like.

The "free trade" "Conservatives" have finally been revealed for the anti-American crooks and hacks that they are.

To all the Cruz supporters:

All this is because of TRUMP, not "Constitution Ted."

Trump has exposed and fought back against political correctness, the media, corrupt trade deals, and immigration.

If he wasn't in the race, none of these topics would even be discussed.

39 posted on 03/16/2016 6:40:38 AM PDT by IDontLikeToPayTaxes
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To: gg188

Trade policy is an issue for a small percentage of voters.
Trump is winning because voters believe that he will enforce our borders. Economic issues are in the back seat this year.

Allahu Akbar shouting Jihadis gave this election a different dynamic.


40 posted on 03/16/2016 6:47:48 AM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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