And, yet, we still have many who push Free Trade with Communist China.
The minute you end this destructive Free Trade with Communist China....the whole scene changes. By slapping tariffs on Communist Chinese goods....the biggest part of the three-tiered axis comes crashing down.
It is a lot better to pay a little more for things for a short while...instead of not being able to buy anything. Even with tariffs on Communist Chinese goods....it does not mean those prices immediately rise....and the ChiComs have no other market to supplant the US market
Anyone still supporting Free Trade is just helping the Communist Chinese...and this axis
And yet we still have many who push protectionism: the imposition of tariffs to punish American consumers and to featherbed unions.
It’s insane. The problems with wealth production in America are *extremely well-known*: crushing regulation, crushing taxation, crushing legal vulnerability.
And yet some on this board continue to call for another tax on Americans, and to turn what industry remains into an unproductive and extremely costly welfare scheme.
Which is why this author's premise is preposterous.
Collapsing the world's economy by dumping their dollar reserves would ruin the world's economy -- not just ours. We're better off trading with them than not.
Besides, they can just sit back and watch us destroy it ourselves.