Posted on 01/25/2016 4:26:05 PM PST by monkapotamus
Sen. Jeff Sessions (R-AL), the intellectual leader of the modern conservative movement and the catalyst behind much of the rise of nationalist populism in this election cycle, told Breitbart News exclusively that he thinks there's much about 2016 GOP presidential frontrunner Donald Trump for voters to like when it comes to the issue of trade negotiations...
Sessions, who is standing up for American workers on this issue, told Breitbart News that the reason nobody on Capitol Hill or in the political class - save for Trump - really seems to be fighting this is "complicated," because the polling data so clearly shows Americans are widely opposed to these types of trade deals...
(Excerpt) Read more at breitbart.com ...
I am sounding like a broken record, but I would be happy to pay 45% more for American made stuff having a job with American wages, than collect food stamps and government checks and can afford only cheap stuff at Wal-Mart.
As for leverage, feeding and keeping 1300 Million people happy in a largely agrarian economy is lot harder than 310 million people in a developed economy. If we stop buying from China, it will be the BIGGEST, HUGEST, depression in China the world has ever seen. Can any one imagine taking away $505 Billion every year from Chinese economy? Mao-Tse-Dung-Junior will takeover China so fast, our heads will spin.
So, Trump is right, the career politicians have no experience in making business deals. They have no clue. They are just speech givers and debaters. Sadly, low information voters are impressed with spellbinding speeches.
Thanks for the ping.
How does biff know so much about Trump to guarantee what Trump will do or not do? Is biff that smart? Seriously?
Because smart people usually get rich. So I must assume biff must be at least a 1-Billionaire! Woo hoo! No more Freepathons necessary!
will guarantee you he will not do that, he will never deport 12 million mexicans, he will never build a wall and no, Mexico is not going to pay for it. Those are all lies and he knows it.
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What is your guarantee based on? just your opinion. yes, he will deport, or cause the free ride to be over and we will be relieved of the drain on our economy. He will build a wall simply because he said so and Mexico WILL pay for it. If you knew anything about leadership and determination which are things Trump has exhibited his entire life, you would expect it of him. Negativity is not in his makeup.
Trump admires General Patton and shares several of the same characteristics. When Eisenhower asked whether anyone could relieve Bastogne, nobody said a word. Then Patton spoke up and promised to relieve Bastogne in (I believe) 48 hours, nobody believed him. Impossible they said. Patton wheeled his tanks 90 degrees and crossed France in the longest, fastest drive in Military history and relieved Bastogne as promised. Another of those Can Do men was the 101st Airborne’s General Mac Auliffe who told the Germans NUTS to their demands for a surrender. The greatest generation was known for the CAN DO attitude that has given way to the negative “Can’t Do” so prevalent today. For an old timer, it is refreshing to see someone come forward with a Can Do attitude again and that person is Donald Trump.
You’re pretty free with those insults there buddy. when are you going to come up with some SOUND reasoning/ or is everything you have to say just bluff and blunder? Don’t try it. You are not in the big leagues.
Now just who did i insult by saying trump will never put a 45% tarrif on chinese goods? He absolutely will not risk the entire economy for a campaign promise he knows damn well he cannot keep. Tell you what, if he succeeds with that 45% tariff, a real 45%, i will donate 100 bucks to FR in your name. If he fails, you donate it in my name.
You do not get the point. Trump doesn’t have to use it. The fact that he WOULD use it is enough to leverage his position. He WILL renegotiate some of our trade deals that are killing us. Try to understand the “art” of negotiation. Besides he would not be risking the entire economy. You sound like you enjoy China leading us around on a leash., Didn’t you ever hear the quote,”Grab ‘em by the nose and kick ‘em in the ass.” Think about it.
They havea bigger lever on us than he does with them. I despised the cheap chinese crap than most, i had a manufacturing facility about 30 years ago so i know their cheap labor impacts more than some. However, it has gone on for too long and the chinese have gotten too powerful on the world economic table and they as well as several economic powers want the american dollar and its power gone for good. I guess only time will tell, i will be looking for that 45%.
Enough for this discussion. Goodnight.
Goodnight. enjoyed it.
Same as the jihad war. I have long admired Sessions.
;-))
Wonder if Sessions is a potential VP pick for Trump?
Regardless, his view of “fair trade” is to unilaterally impose tariffs on trade partners who he thinks are trading “unfair”. Unilateral tariffs become tit for tat tariff wars,stunting trade and punishing our own exporters, not making it “fair”. Trump is a blunt instrument where a scalpel is needed with a clear idea of the anatomy and the consequences.
How was Ronald Reagan’s trade policies “protectionist”?
from what I have heard, he will make offers they dare not refuse and the tariffs will not ever come to pass.
the offer to Mexico will result in a wall
Sessions coming on board is ... how shall I JoeBiden this...? .... a BIG EFFING DEAL!
Some might call it hyperbole, some might say he’s good at communicating otherwise esoteric issues and positions to the common layman. Colorful illustrations underscore his underlying point.
Trump doesn’t understand international trade or the law any better than you do, which is Nil.
Threatening or acting unilaterally to impose or increase tariffs, in any era, becomes a tit for tat exercise, in which your own manufacturing exporters become hurt while you pretend you are protecting your own manufacturers. Trade and economies shrink, not grow on trade shrunk by tariffs.
Yes, trade deals are what many of our presidents have done poorly with. However, all those that have become law by going through the approval process in the Senate are treaties. Treaties are like extensions of the constitution. They cannot be undone by presidential whim or decree. Senate approval is needed. A president threatening trade partners with tariffs is not going to get that approval, GOP majority or not.
China is now as large an economy as the U.S. & many of our trade partners are growing exports to China more than they are growing exports to us. We have less room to bully our way into any “deal”; they can take their goods elsewhere now, and not just China but all over Asia.
We could address the problem with China, as regards our own domestic economy, but neither you nor Trump have a clue about what basis we could use and how to do it; and it does not involve our trade agreements. But, no, I’m not going to educate you.
We could address the trade imbalance with Japan, in renegotiation of our trade deals, without imposing or threatening to impose tariffs; to get equity in our exports of similar goods to each other. How? Again, I know Trump hasn’t a clue and neither do you. And again, Japan cannot be bullied either.
Trump will wind up “cutting our nose to spite our face”, not get a better deal, unless it is another crony capitalist corrupt one better for the crony capitalists he favors, which is the only kind of capitalist he knows.
The U.S. currency is “devalued” - you say - and if so that is a result of long term activities by the Federal Reserve, not our trade policies.
Name the “violations” of our trade deals the U.S. government has not gone to bat to correct. Keep in mind our trade treaties agree to how disputes are to be handled, which means, even in trade disputes, you don’t always win your case.
Again, Trump will be like a bull in a China shop (which is what his own financial dealings have been like) leaving his creditors with the debts and bills his ventures wind up unable to pay, while he walks away with the profits he took out in the meantime.
How was Ronald Reagan’s trade policies “protectionist”?
“During his 1980 campaign he spoke about the problems of the American auto industry, saying, Japan is part of the problem. This is where government can be legitimately involved. That is, to convince the Japanese in one way or another that, in their own interests, that deluge of cars must be slowed while our industry gets back on its feet. . . If Japan keeps ‘s going to be what you call protectionism.”
This is a pull quote from a lengthy article complaining about Reagan’s protectionism -
The Reagan Record on Trade: Rhetoric Vs. Reality,
by: Sheldon L Richman, Cato Policy Analysis
His main complaint was that Reagan was all over the spectrum with rhetoric, but when it came down to action, he was protectionist. That is one of Reagan’s secret to his success of getting the economy roaring.
I am always amazed that Conservatives have been duped into thinking protectionism is a bad thing. The lack of protectionism is the reason there is so much unemployment in this country and the reason it is hard to find consumer items manufactured in this country.
Our competitors practice protectionism every chance they get.
most of our biggest trading partners are exporting as much or more now with China, and their trade with China is growing more than it is with us; Trumps threats will not carry as much weight as he or you think.
Most of our balance of trade problems are domestic, not foreign, and can be improved by our own governments, federal and state, and our own companies, if we could get more companies to act in our domestic economic interest understanding that doing so can be part of securing their own futures as well. As American companies became multinational, many no longer see themselves as primarily American. You cannot cure that by trying to bully your way into better trade deals. They do not see that as “protecting them” and often it isn’t.
Apple already does most of its real work elsewhere, and sells more devices in China than here. Do they have to remain an “American” company domiciled here, returning a good chunk of their profits here? No, they don’t. Add all such U.S, companies up and you can see how threats are not going to convince our U.S. Senate anymore than our trading partners. You’ll break a lot of China, but you won’t sell more of it.
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