Posted on 09/07/2018 6:12:50 AM PDT by central_va
RUSH: The trade business, let me see if I can get you right on something. As I have watched this, I’ve watched Trump being interviewed by journalists who don’t know what they’re talking about. It’s a fascinating thing. So many of these reporters now are under 30, like this babe that had the affair with the security director of the Senate Intelligence Committee. Anyway, they really don’t know anything. But they think they do. They think they’re experts on so much.
And so a CNN reporter — we’ve got the audio coming up at some point. I haven’t had a chance to organize it. Forty sound bites. Just give me a chance to put it all together, which we will do. But Trump explains the whole situation on tariffs and trade imbalances perfectly over and over in very simple terms that you would think that even a CNN reporter might be able to understand. And yet they don’t.
And you know what? I have not seen anybody challenge him on the facts that he presents. They might run around and say he’s using incorrect numbers, but they do not challenge him on the facts, just like they never challenge me on other conservatives on issues. They go after us personally for thing to try to discredit it, but they never take us on in the heart of issues. No one challenges Trump on the facts that he presents. They challenge him on his uncouth behavior, in their mind. They challenge him on his unfitness. They challenge him on all of these style things that they find abhorrent.
(Excerpt) Read more at rushlimbaugh.com ...
I cannot believe this hasn't been posted here already.
Ping
I thought Rush was on vacation?
7/11/18
I thought Rush was on vacation?
We are not a piggy bank for other countries. We have so much to do at home for America and Americans that we cannot support all those looking for a handout.
Honest, I DO read the articles, sometimes. :)
And the Deep State (and the RATs) see this as unacceptable. We have not had a President, including Ronald Reagan, who even attempted to do anything about taking the financial traces off of the American Taxpayer until now. And just look at how the establishment is panicking. I know that the polls are again attempting to tell us that Trump and the Republicans are going to suffer defeat in November, but I'm not buying it.
About time.
Because of it's huge and productive economy, the United Sates has become the consumer of last resort for pretty much all of the export driven economies in Asia, Europe, the Americas and the Middle East.
Exports to the US support and underwrite the Socialist governments in Europe and Asia as well finance the modernization and industrialization of the world's developing countries in the Third World,
Without exports to the US these foreign economies would implode.
However, because of the insane trade deals cut by our corrupt politicians over the last few decades, the US economy is being slowly bled as we ship our manufacturing and technology base and skilled labor over seas.
Our structural problems have been hidden by massive government borrowing, much of which is being spent to pay welfare cash to American workers who have lost their jobs and careers to the America's shipment of manufacturing and jobs overseas.
The money to float the US Government's massive borrowing comes recycled American dollars from our “Trade Partners” who are benefiting enormously from the crazy trade deals and who are desperate to fund American consumers who are propping up their economies
This is unsustainable and, unless the trend is reversed and the US disengages from these terrible deals , the entire world wide system will eventually collapse because America will be bankrupt and unable to borrow more money and the American economy will too bled to support the rest of the world's export driven economies
Trump is working to reverse the unsustainable bleeding of the US manufacturing base and put America's economy on a sound footing for long term growth and establishing economic independence in energy and critical industries in our manufacturing base so when the inevitable American government debt crisis hits, our economy will not be hostage to extortionate foreign suppliers and threatened by acts of economic warfare
I would love to see someone who sits down for a “interview” with one of these jackass reporters sit there and simply answer with, Yes, no, maybe, and we may look into that.
Nothing else.
Let them sit there with that stupid deer in the headlights look.
Rush is opposed to Government-managed Trade. He has nothing against REAL free trade.
“THE PRESIDENT: ‘I did. Oh, I did. No tariffs, no barriers. That’s the way it should be. Let’s say Canada, the United States pays tremendous tariffs on dairy, as an example, 270%. Nobody knows that. So you go tariff free, you go barrier free, you go subsidy free. That’s the way you learned at the Wharton School of Finance. It’s gotta change. It’s not a question of I hope it changes. It’s gonna change a hundred percent. And tariffs are gonna come way down because people cannot continue to do that. We’re like the piggy bank that everybody’s robbing, and that ends.’”
The president is saying the same thing I have been.
bmp
Bump.
All the founders of this country were in favor of the tariff, as was the real Republican Party up to WWII. At that point globalists NWO traitors, like you , took it over.
Its important that young lurkers know that the Republican Party(and Free Republic) is changing back to it's pro American worker protectionist roots. If "fair" trade( more like fairly tail trade ) ever comes about then we'll talk about a tariff free world. A pipe dream of the globalist traitor uses to keep us down economically.
Tariffs were turned to because there was no alternative. We had no money supply (other than the one Hamilton conjured at once making our debt the equivilent or better than the UK and France)
There was no data on industries or households which could be used for calculating taxes. Hamilton set about creating such data bases to give some semblence of accurate accounts.
The point of trade most productive of such was imports and that is why it was turned to. Its functions then and its functions now are entirely different as conditions have changed in case you haven’t noticed.
Who do you think decides which industries to put a tariff on? I will give you a hint: Government.
Who do you think sets the level of tariff? Hint: Government.
It becomes an entirely political process as lobbyists jockey for influence over both aspects above.
A tariff is one of the tools government uses to manage International Trade and can never fund a modern government.
How’s your Model T running?
What a complete economic idiot you are. The rest of the world practices protectionism. The rest of the world charges really high import tariffs on our exports, the rest of the world operates with a trade surplus. So there must be something good about import tariffs. The bottom line is EVERY OTHER COUNTRY, except Mexico and Canada - NAFTA) we trade with uses mechanistic trade policy/tariffs to block out exports. EVERY ONE OF THEM.
Any lurkers or young people that come to Free Republic you need to know that the post by "arrogantsob" shows the past not the future of the Republican Party towards trade and tariffs. The disastrous globalist non thinking of this clown is what is going away. The Republican Party is changing back to its nationalist/protectionists roots (like the rest of the world is now )just be patient because dinosaurs like him are dying off.
Rave on. Perhaps one of these days you will stumble into an attempt to invalidate anything I have said. As it is you’re just veering all over the road.
Looking under the bed for “Free Traders” won’t get you anything but Dust Bunnies.
You must be a miserable person to demonstrate such hysterical hatred, see your pastor (unless he is a Snake Handler.) If he offers you a chance to help with his next sermon.
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