Trump continues (Liberal) Import Tariffs (Tax Increases on Americans) and Trade/Tariffs War Now Doubles Down With (Liberal) Big Government Bailouts (Corporate Welfare)
NOTE: This is a VERY BALANCED piece, that you’ll see if you READ THE WHOLE PIECE (especially on through the MAY 10 UPDATE at the bottom).
ORIGINAL (JULY 2018) ARTICLE…
Trump again repeats – we lost $817B in Trade… And due to his Liberal Tariffs/Trade War wants to institute more LIBERAL policy of growing Govt, borrowing more money from China as he grows the Deficit/Debt, by calling for MORE SPENDING by issuing $12B in MORE WELFARE (subsidies for Farmers this time, but who/what is next?)….
It is purely a Liberal/Socialist construct to try and pretend that FREE TRADE and/or FAIR TRADE somehow means EQUAL TRADE/OUTCOMES (which, unfortunately far too many of my great Conservative Friends are falling prey to)!
Just as the Left twists the notion of FREEDOM and EQUAL RIGHTS as somehow guaranteeing EQUAL OUTCOMES Far too many SUPPOSED CONSERVATIVES fall for this Liberal Socialist EQUAL OUTCOMES nonsense… As they say in the GEICO commercials: That’s not how any of this Works!
Again FREE and EQUAL OPPORTUNITY is what US was founded on, that does not, and likely to never, mean EQUAL OUTCOMES (again, #Socialist tenant)! (see related (Greater Good): /v3/economics-and-politics/2019/2518275.html)
We are the LARGEST AND MOST ROBUST ECONOMY ON THE PLANET! We are basically the Richest (despite our $21T Debt, we as Private People are the Richest) in the World. It is basic, simple, math, and economics, that we are going to BUY MORE (IMPORT) from others than they Purchase/Buy (our Exports) from Us!
FURTHER: I get, and I’m with Trump on the need to DEMAND RENEGOTIATION of our Trade agreements, and we must get tough/serious in order to reverse the trend of always walking away with status quo of allowing China to continue to take advantage of us (I get that part). I oppose Trump on his LIBERAL TARIFFS policy (Yes, Liberal, Import Tariffs are a TAX INCREASE ON AMERICANS, you are advocating a Liberal Tax Increase upon Americans position). As always, it is a FEEL GOOD measure that, with all Liberal Policies, would do more harm than good. The Question is, who do you want to Punish?!?!? Import Tariffs mostly punish OUR OWN CITIZENS!
Again, I DO GET IT IF YOU WANT TO TRY THE “GET TOUGH” APPROACH IN THE HOPES TRUMP’S PROMISE OF FAIRER TRADE WILL “EVENTUALLY” (HOPEFULLY!!!) COME FROM IT! All I’m asking is that you be HONEST! Can you do that?!?! Say you are willing to support LIBERAL TAX INCREASES UPON AMERICAN CITIZENS (that is what Import Taxes are) in order to “TRY” (despite Historically, time after time we repeat these tactics THEY FAIL to accomplish intended Goals) and achieve those ends. Further, you now need to admit you’re willing to support more LIBERAL POLICIES…. More WELFARE (this time (Corporate Welfare) in the form of subsidies to Farmers, but who/what, in the name of protectionism and “compassion” to prop up a US Industry is next?!?!)… More BORROWING FROM CHINA (cuz that is where the money is coming from, we are in Budget Deficits (STILL to the tune of $1T) and $21T (and growing) DEBT)…. MORE SPENDING (see the previous comment about Deficits and Debt)…. JUST BE HONEST AND ADMIT YOUR SUPPPORT OF LIBERAL POLICY, in the hopes that one time in forever LIBERAL POLICIES won’t do the opposite of their FEEL GOOD INTENTIONS!!!!
A good discussion about The Wall, Tariffs, Trade, Socialism, and more (AUDIO): https://www.dropbox.com/s/jafh54v36oxqvvz/WAAM-MomentOfClarity-WallTariffsTradeSocialsmMoreDiscussion-012917.mp3?dl=0
If we are to punish China and Mexico, then stop pretending to be quasi protectionist and actually do what will harm the enemy. CLOSE THE BORDER TO THEIR WIDGETS (let’s just use widgets). You may no longer Import Widgets into the US – PERIOD! Let them pile up in Warehouses across your Country, as the remaining Markets (once we close ours) will NOT be able to absorb your Widgets. Your Factories will have to scale back Production (if not halt) and layoff your Citizens/Workers. We will then pick up Production of Widgets in the US and/or find additional sources, other than you, of Widgets. THAT IS HOW YOU TAKE IT TO THE ENEMY, NOT YOUR LIBERAL (FEEL GOOD, DO MORE HARM THAN GOOD) TARIFF POLICY!
It’s not ALL BAD NEWS.. Reports are the EU “will work TOWARD” (potential empty promise) Zero Tariffs agreement… https://www.usatoday.com/story/news/politics/2018/07/25/president-donald-trump-said-wednesday-he-and-european-commission-president-jean-claude-juncker-agree/836583002/ But THAT IS SPIN… The EU and Trump, to try and save Face, and Fool the Public, peddle the ZERO TARIFFS Headline pretending but with-hold the FACT that it is ONLY ON A CERTAIN CLASS OF GOODS (Not ZERO TARIFFS ON ANY AND ALL GOODS OF ANY AND ALL KIND)! More #FakeNews (telling you only part of the story) AND SPIN!!!
OK… Good… Sounds good on the surface, but just like the North Korea Summit THE DEVIL IS IN THE DETAILS (re-read the previous paragraph) and the Final Agreement not the current “promises!” … OK… the EU may cave (again, for one class of goods, to save Face, and Fool the masses with half-truths and SPIN) because they understand our co-dependency and overall long-term goals are the same…CHINA will NOT. China sees this as a Political Battle, they will not blink/cave, they DO NOT CARE if it hurts their people, it is all about BESTING THE US!
As my Friend David Wells wrote in response to someone peddling the TOTAL VICTORY manure:
“Both sides agreed to work toward the goal of “zero” tariffs and subsidies on non-auto industrial goods, and to “resolve” recent tariffs that both sides have imposed.
Are autos a ‘Non-industrial good? ie, we will buy agricultural and energy, and agree to zero tariffs on them.
ie, Trump blinked… “
Now, don’t get me wrong… This is a “STEP” in the Right direction… This is certainly better than it was… But STOP LYING and pretending this is an end to all Tariffs that People are demanding and Trump promised! The “DEAL” is NOT DONE yet! Just like with NoKoSummit, we are still only at the beginning, come back and let’s chat when the ACTUAL AGREEMENT is done and Signed!
MAY 10 2019 UPDATE: Trump has recently announced #China is again trying to take advantage of US. They are now BACKTRACKING upon area’s in the Trade negotiations they conceded/agreed upon/to and that Trump will now impose a higher 25% up from 10% on additional $250B in goods. I AM ANTI-TARIFFS (if you haven’t figured that out already by reading this!) but I also recognize that continuing to do the same thing that results in the same #EpicFail and continued being taken advantage of by #China hasn’t been working – therefore am willing to CUT TRUMP SOME SLACK, SHORT-TERM, FOR SHORT-TERM PRESSURE ON CHINA, working toward LONG-TERM GAIN….
Again, major ANTI-TARIFF, but this as COUNTER TACTICS is a very valid point!
They impose #Tariffs, clearly NOT #Free/#Fair #Trade!
Can, could, possibly/probably SHOULD, respond in kind!
ONLY reasoned-thought point & why I am willing to cut #Trump some slack on his current strategy even tho it costs #USCitizens
AND, #LIBTARDS, please STOP your #TrumpDerangementSyndrome and criticism of #Trump, just to be CONTRARIANS on every issue. #Democrats/#Liberals LOVE TAX INCREASES ON AMERICANS so spare us your current #feigned #outrage! If and when you will have a SERIOUS / HONEST DISCUSSION, which we know will be NEVER, then we’ll bother to consider your input.
AND, also spare me the I must have joined the #TRUMPCULT rhetoric/nonsense…. I have never been, nor ever will be, an non-thinking, rah rah rah, go along with EVERYTHING just cuz it’s #TRUMP lackey… nor did I take my original stance (the whole primary portion of this Article out of #TDS)… I can, and do, and always will continue to speak FOR OR AGAINST, depending on an issue, and now (as you see) trying to be as IMPARITAL AND IMPARITAL as I can be on this issue and willing to point out PROS/CONS (both sides of this issue), #PRINCIPLESNOTPERSONALITIES. for more on that (neither #TrumpCult nor #TrumpDerangementSyndrome) and run-down issue by issue where I support and/or oppose #POTUS45, see: /v3/republican/2018/2444930.html
As you can see, I can see and understand BOTH SIDES OF THIS ARGUMENT and am TORN, concerned, obviously I want what is BEST FOR #USA but am not convinced we are on the right path but again recognize that previous track was always #EpicFail and #StatusQuo of allowing China to take advantage of us UNACCEPTABLE! This is complicated/COMPLEX situation, and not necessarily ANY ONE RIGHT STRATEGY AND/OR ANSWER.
ONLY TIME WILL TELL…. We shall have to revisit this again (as I have in the May 2019 update from my original position of/in the original 2018 Article position/stance) in the near future, and the long-term farther down the road like 2020 looking back, to JUDGE IN HIND-SIGHT THAT TIME ONLY ALLOWS/BRINGS!!!
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