Posted on 06/08/2018 9:07:39 PM PDT by Robert DeLong
There are two interviews with Alan Tonelson that I think everyone should listen to.
The first interview is from May 31, 2018. Scroll down to that date and click on:
3 Breitbart News Tonight - Alan Tonelson - May 31, 2018
The first interview is from June 8, 2018. Scroll down to that date and click on:
Breitbart News Tonight - Allen (They misspelled his name) Tonelson - June 8, 2018
A little bit about Alan Tonelson:
Alan Tonelson (born 1953) is an American Research Fellow at the U.S. Business and Industry Council Educational Foundation. He has written extensively on the trade deficit between the United States and other countries. He has also written on free trade, globalization and industrial decline. He argues that U.S. economic policy should aim for "preeminence" over other countries, just as, he believes, other countries' economic policies seek their own national interests. He is critical of various forms of "globalism" and internationalism.
He earned a Bachelor of Arts in History at Princeton University and has no formal economics training. In 2002 he became a fellow at the Henry L. Stimson Center. He has also worked as an Associate Editor of Foreign Policy and Fellow at the Economic Strategy Institute.
FM
What is lost on most people is that tariff effectiveness depends on who is in the power position. Since the U.S. is in the power position for those we are establishing new tariffs on; a so called trade war does not work. The weaker position is just shooting itself in the foot. Since the reason that most countries are buying our goods is not because we are the cheapest source, raising tariffs on our goods only taxes their people.
What is lost on most people is that tariff effectiveness depends on who is in the power position. Since the U.S. is in the power position for those we are establishing new tariffs on; a so called trade war does not work. The weaker position is just shooting itself in the foot. Since the reason that most countries are buying our goods is not because we are the cheapest source, raising tariffs on our goods only taxes their people.
What we have allowed ourselves to become is weak, and that will eventually make us slaves. Our boat rising will rise the boats of other countries as well. Just as it has for many years in the past.
bump
Listening now, thanks.
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