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How much more taxes are you willing to absorb for Trump? $500 a month? $1000 a month?
Apparently you missed the part where I disagree 100% with economic nationalism, tariffs, etc. I despise barriers to the proper, unrestricted flow of capital.
My point was to all the people who have griped about outsource/offshore/globalization/trade deficit/they_took_er_jerbs and demanded government DO SOMETHING to rescue the American worker and consumer....well, this is what that looks like.
You want to have a trade war to end up as big winner and establish new dominance...well, it has a cost. I think free markets work better than nationalism, and I think trade wars are retarded...but I do accept what trade wars look like and how they work. Both Right and Left have complained about our position relative to China, the EU, India, etc. Unions gripe about it, lawmakers from both sides lament it, and gullible sheep eat it up and vote for someone to do something.
Well, this is what "doing something" looks like. Trump is, in fact, doing the something that people have griped on and off about for the last 40 years. It's silly and misguided, ad it makes all markets less free ad punishes consumers...but he's indeed doing something.
Last edited by Volobjectitarian; 05-23-2019 at 02:27 PM..
with China its a bit more sinister. they manipulate their currency and use that to offset the cost of production. they also subsidize their companies so they make money even while undercutting production costs with their trade partners.
they also control wages artificially low.
Their actions are highly predatory and not based on any free market reality. THat doesn't even begin to deal with what China does in terms of taking intellectual property, stealing technology, demanding companies that do business in China hand over valuable and proprietary information.
If we don't deal with this now, China will destroy our economy eventually. what Trump is doing is dealing with a nation that has been in a Trade war with us for 30 years.
What our liberal friends in this thread are doing is trying to pretend that by not engaging in the trade war with China, we aren't in a trade war.... its a form of insanity.
Why do plenty of other developed countries have a trade surplus with China and no trade war with them, if China makes it impossible to compete with them as you claim?
Are you open to the idea that China is a big distraction and that 40 years of decline for the middle class is not becuase of foreigners, China and immigrants, but because the domestic ruling class of this country dont care about people like yourself?
...............Are you open to the idea that China is a big distraction and that 40 years of decline for the middle class is not ......................
Having been a solid member of the middle class for 50 years, I can tell you that I laughed hysterically at your promotion of the idea that we "middlers" have been in decline.
Middle class is wealthier now than they have ever been before in history.
My point was to all the people who have griped about outsource/offshore/globalization/trade deficit/they_took_er_jerbs and demanded government DO SOMETHING to rescue the American worker and consumer....well, this is what that looks like.
This is what idiocy and ignorance looks like. Trump STILL thinks China is writing checks to US Treasury to pay for the tariffs. Ha has no idea he is taxing the American consumer.
Is this another version of "Mexico will pay for the wall?" Americans are getting stick with these huge bills because the Idiot-in-Chief has no clue how to conduct foreign affairs.
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