Thank you Pelham,
I see you “get it”. I just wish Rush would hammer it more often, and I REALLY wish Trump would get his message straightened out.
It frustrates me to hear Trump talk about how he’s going to impose a tariff on businesses that are already under the gun. It’s wrong and it’s misleading.
As for this going on going back to previous administrations — I completely agree. And Obama has taken that and — like everything else he’s done with the loosely worded legislation passed by cowardly Congresses — he has had his army of lawyers and regulators stretch the language to accommodate their Marxist/globalist objectives.
Under the gun? That is rich. UT, the parent of Carrier, made a huge profit last year.
Well I have no problem with Trump threatening to use a tariff or other import restrictions. You have to have a club to get someone to take you seriously.
Reagan flat out banned large Japanese bikes to save Harley Davidson. He put import restrictions on Japanese autos to give American firms breathing room. He restricted DRAM imports to protect our last maker of memory chips.
I agree that a large part of our problem is strangulation by regulation. But we cannot ignore the role of strategic targeting by our rivals, and of import roadblocks by our rivals.
Rush deals in a comic book version of trade, and not the messy business of the real world. Jobs are very important to national prosperity. Japan has understood this for decades and has consciously taken over high value added industries. China is emulating that trade model. We act like we are not even aware that this is going on.
To propose without hesitation that “Business” at times is not hostile to Americans is just naive.