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I remember that commercial; fanciful and hyperbolic, to say the least - but cleverly crafted. But here's the thing. From the perspective of world-history and the general betterment of the human condition, for ossified empires to fail and to be supplanted by newcomers, is a feature - not a bug. We should welcome it.
I don't think that most people, not just in the United States but around the World, would agree that replacing a multi-racial liberal democracy with a one party totalitarian dictatorship is good for the "general betterment of the human condition"!
Democrats want to make China great again apparently
China was already rapidly becoming *the* heavyweight contender, coming to challenge US global economic dominance, now the foolish supply-side GOPers just wants to hasten their ascent. They (Trump and McConnel) owe Russia and China bigly. Time to pay the piper.
China was already rapidly becoming *the* heavyweight contender, coming to challenge US global economic dominance, now the foolish supply-side GOPers just wants to hasten their ascent. They (Trump and McConnel) owe Russia and China bigly. Time to pay the piper.
I remember that commercial; fanciful and hyperbolic, to say the least - but cleverly crafted. But here's the thing. From the perspective of world-history and the general betterment of the human condition, for ossified empires to fail and to be supplanted by newcomers, is a feature - not a bug. We should welcome it.
How so? We went from a balanced trade situation and little to no national debt to trillions of $$$, almost all of which is represented by our last ~13 years of trade deficit with China. We provided stimulus, enlarged the safety net programs, but did nothing to fix our lopsided trade policies for decades. Now the bills are coming due, and guess who's got the money? It's not us. Our last line of defense, tariff's aside, has been the courts not allowing the Chinese to purchase our banks, power and water companies, and other key infrastructure in the USA under valid issues of national security. The thing is, I'm not advocating for an elimination of trade, only better balancing of it. It's really a golden opportunity in my mind, as we can pick and choose what we want to bring back by how tariffs are applied. Appliances for example, have just gone to crap, and I'd be happy to pay 25% more to have appliances that would last 20 years again. China can keep making the rubber dog poop and whatever else makes sense.
A financial takeover by China, is not going to be for any of our "betterment" except the elite that are making margins peddling all of it. Most of us are going to see our quality of life sink to that of somewhere in between where we are now and China's workers making $30 a day, sleeping in wire cages, 10 per apartment.
A financial takeover by China, is not going to be for any of our "betterment" except the elite that are making margins peddling all of it. Most of us are going to see our quality of life sink to that of somewhere in between where we are now and China's workers making $30 a day, sleeping in wire cages, [B
10 per apartment.[/b]
This already is the reality in Democrat cities. It's why people keep fleeing blue states entirely.
It doesn't appear that Trump makes major decisions by listening and acting on input from others in his administration. Mostly just a knee jerk reaction. Maybe this kind of stuff worked in the real estate business. Probably not on global trade issues.
The headline really should be "Trump raises taxes on Americans by 10% on all goods purchased from China". That is the accurate headline.
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