Terry Branstad promises to make Americans poorer
Trump’s nominee for ambassador to China, Iowa governor Terry Branstad promises to decrease the supply of goods and increase prices for American consumers thus making them poorer.
President Donald Trump’s nominee to be the U.S. ambassador to China said on Tuesday he would do everything possible to address what he called China’s “unfair and illegal” sales of underpriced steel in the world market.
“I want to do everything I can to make sure that we stop the unfair and illegal activities that we’ve seen from China in the steel industry,” the nominee, Iowa’s Republican Gov. Terry Branstad, said at his U.S. Senate confirmation hearing.
That about sums it up. Branstad promises to increase the goods available to the Chinese and decrease those available to Americans. He knows that tens of millions of Americans are so clueless about economics that they believe that artificially increasing scarcity will benefit them.
This, by the way, is the longest serving governor in American history and long time advocate of corn ethanol subsidies.
Source: http://therealrevo.com/blog/?p=159407
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