I’m not talking about the Keynesian economic nonsense taught in schools. I’m talking about true macro economics seen in the voluntary cooperation between buyers and sellers in the marketplace free of government interference that without the participants’ intent, creates wealth not just for them but in the economy as a whole.
Usually the “thumb” that is on the scale is the loser in the free market, because in the long-run, sooner or later that “thumb” will go out of business as buyers will go elsewhere for their best price and quality. However, in our case, the REAL thumb on our economic scale that forces interference in our marketplace is our own very corrupt federal government.
You are talking comparative advantage. True, China has a comparative advantage. They cheat. There are no refs in trade so it is up to the players to police the game. Trump merely is saying quit cheating or we are taking our ball and going home. There are plenty of players who don’t cheat and we will play the game and China like one ball Lance can just go play with themselves.
heh.