The NY Times is Wrong About Trade—So is Everybody Else

American Greatness ^ | July 30, 2018 | Spencer P Morrison

[Thalean]

President Trump earlier this month told CBS News that the European Union is America’s “foe” because of “what they do to us in trade.” The European Council President Donald Tusk frantically responded, claiming that America and Europe are the "best of friends" and anything else is "fake news."

Many free traders see this as far more than simple rhetoric. Economic historian Adam Tooze took to the pages of the New York Times last week to argue Trump is “deliberately foster[ing] economic nationalism.” In this way, Tooze suggests, Trump is little better than China’s President Xi Jinping or Russia’s Vladimir Putin. How dare they upset the liberal economic order?

Tooze, like all good economic liberals, thinks Trump’s view of national competition is antiquated—and dangerous. How could anyone fail to see the benefits of free trade? “We global” is not just a DJ Khaled album: it’s an affirmation of principle, a statement of fact.

Of course, Tooze’s world is nothing but a dream. It’s time he—and every other free trader—awoke from their intellectual stupor.

[Grampa Dave]

If it’s the NYT, you know it’s fake and you don’t have to bother reading it.

Thanks to kaehurowing for posting the above reality!