Posted on 01/17/2016 4:11:40 PM PST by Red Steel
I made a statement in plain English. Looking dumb does not behoove you.
So you keep saying, but saying so doesn’t make it so. If you think it was so plain and obvious, then restate it. Otherwise, stop being such a liberal troll.
Source something for what you allege, you liberal nut.
What? Now you’re just being incoherent. You say you made a plain English statement. If you did, then you can damned well state it again.
But.. But.. But... Tariffs are evil free trade is Liberty...
Can’t believe how many fools believe free trade as exercised has been anything but a disaster
It certainly upsets the Government Class and globalist apple cart.
There is no free market when a commie country can pay slave at rates well below “market” rates. The commie workers don’t have superior manufacturing skills that drives efficiency and lower costs. Tariffs on inputs to get to level playing field. Of course with our unions, the US has the opposite problem in many cases, wages higher than “market”. Higher tariffs = higher cost of goods offset by more jobs and more taxes with lower tax rates. F China.
Of course it would. All you need is a President willing to do it.
August 17, 2015The guy is a 100% screw up.Donald Trump Should Apologize to China, and Turn His Wrath On the Fed
By Louis Woodhill
On Tuesday, August 11, China began devaluing its currency unit, the yuan against the U.S. dollar. Later that day, Republican presidential candidate Donald Trump denounced China, saying:
"I think you have to do something to rein in China. They devalued their currency today. They're making it absolutely impossible for the United States to compete, and nobody does anything."For a candidate whose pitch is based upon being smarter than everyone else, Trump has taken a spectacularly stupid position with respect to China-not just economically, but politically. After all, it was less than three years ago that Mitt Romney threw away his chance to win the 2012 election by running TV ads in Ohio accusing China of "currency manipulation." The electorate did not buy monetary mercantilism then, and they would not buy it today.Here is what there is to understand about China's currency move. Last week, China began manipulating the yuan in the same way that The Donald would manipulate his Mercedes on a winding mountain road in order to avoid following the car in front of him off a cliff. The People's Bank of China (PBC) simply did its basic job: it moved to keep the real value of the yuan (approximately) stable.
During the last four days of last week, the value of the dollar rose by 2.26% against the CRB Index*, while the yuan fell by 2.84% against the dollar. The net result was that the real value of the yuan fell by 0.64%. This amounts to a rounding error, not a currency war.
The Donald's assertion that the dollar/yuan exchange rate is a source of America's economic woes is absurd. In the late 1990s, the U.S. economy was growing strongly. We reached full employment in April 2000. Obviously, China and the yuan were not problems for us then.
From 1Q1999 to 2Q2015, the yuan appreciated by 33.53% vs. the dollar. Last week's devaluation still left the yuan up by 29.62% from 1Q1999. If this is a currency war, then a 29.62% revaluation of the yuan represents unconditional surrender on the part of the Chinese. America has serious economic problems, but China's currency policy is not one of them.
It is clear that either: a) Mr. Trump has not taken the time to acquaint himself with the facts; or, b) he buys into the same "a weak dollar is good for the economy because it boosts exports" delusion that caused George W. Bush to cheer on Alan Greenspan and Ben Bernanke while they trashed the dollar during the mid-2000s.
Actually, it is possible that both a) and b) are true in the case of Mr. Trump. If so, he would not be the only presidential candidate that does not have a clue about monetary policy. Mr. Trump would also not be the only presidential candidate that attributes the economic damage done by an unstable U.S. dollar to unfair competition from America's trading partners.
...If Mr. Trump truly wants to make a difference, he should apologize to the Chinese for his uninformed criticism, and then turn his wrath against the FOMC***. It is the Federal Reserve and its rules-free, 100% discretionary monetary policy, not China, that is America's biggest economic problem right now.
the economic fraud of our government against the American worker is about to be exposed. Unreal
What is your solution to bring jobs back, other than complain.
Ichan is going to blow people up.
What, are you in a tizzy now, dear Mr./Ms. O? I’m not the one who lost my temper.
Since it looks like you only purposed to be difficult, then I will just leave you with a smile. Have a wonderful night.
/snicker
someone who claims to have made a statement in plain English that, for the life of them, they cannot repeat.
Easing the regulatory environment could also help. We have too many gratuitous nanny rules.
Trump’s the negotiator and it sounds unlike him to want to push this on China without a quid pro quo being discussed first. I truly doubt we have the whole story. But he does need a chip and it’s stupid to deny it to him. It could be easily rebated to other taxes to stay tax neutral.
What peed in your Cheerios?
It's a new paradigm and we're all going to have to get used to it. I go back to the Goldwater days, yet I see it.
The old paradigms are conservative vs. liberal, free-trade vs protectionist, etc.
It is now: GLOBALIST vs. NATIONALIST. I don't know if we'll ever go back to the way it once was exactly. I hope so. But the grand, overriding ideologies competing in our time, and for the foreseeable future are GLOBALISM VS. NATIONALISM.
Without borders, without a nation, without jobs, reduced to 3rd world wage levels and living standards, crammed into cities by the 2030 Agenda, the old paradigms won't matter. Two classes (just like China, for example): Government Class (including media/academia/elites) and everybody else. The Government Class will live behind gates in gated communities with well-armed security. The other 99%...think THIRD WORLD. Think 1984.
You’re bidding fair; pity your aim is so bad, as you’ve done nothing more than pissed on yourself.
Who twisted your tail, kitty cat? MEOW!
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