Posted on 02/19/2009 2:56:04 PM PST by SeekAndFind
Buchanan jumps at an opportunity to make himself almost relevant again. Exports were helping the economy before the real estate bubble burst. And manufacturing was doing pretty well, as is the case whenever the economy as a whole is growing. Protectionism or “fair trade” is not the answer, especially now when the entire world economy is on the brink. Next thing he’s going to say is that Europe and Japan don’t matter. He’s dead wrong.
Wasn’t the last two years of the “Bush years” a period of DEMOCRATIC control of both houses of Congress? I seem to remember that.
Bush was president, so the onus falls on him. But the president is NOT alone in success or failure.
And it's all the JOOOOOS fault, right, Pat? ;)
Bush is due plenty of criticism about things he's done, as are all presidents. But Pat's been wrong about everything and still manages to hold a job as the MSM's go-to "conservative" because he perpetuates the cliches about "conservatives". So I'll wait for more balanced inspection of the record.
Thanks for nothing, Pat.
If everyone quit their jobs and became either day-traders or real estate speculators then that would be the best thing that could happen to our economy.
Manufacturing real goods requires risky investment in capitol that may never pay off.
Stock, commodity and real estate speculation, on the other hand, require only knowledge of markets and relatively small investments of cash ... or better yet ... borrowed money.
“We must export more and import less, save more and spend less, produce more and consume less.”
Major Problem: We can’t compete with slave labor.
With all of the damage the Socialist Obama is causing: to the economy, the life issue, the war on terror...MSNBuChanan still manages to bash Bush. Must be a contract year at the Olbermann network.
“Wasnt the last two years of the Bush years a period of DEMOCRATIC control of both houses of Congress? “
Dittos! Congress makes the laws...not the President.
But how do you tell that to Americans indoctrinated in the hoary myth that Reed Smoot and Willis Hawley caused the Great Depression and anything that sounds like America First risks a rerun of the 1930s?
The Free Traders day is over. Once the Communist Chinese stop buying our debt....free trade is over. Done. Finished. You either adopt American Economics or continue Obama Socialism
An excellent article by Buchanan....just sit back and wait for the Economic Anti-Americanist replies
Buchanan is exactly right. America cannot retain our prosperity if we continue to outsource manufacturing jobs and try to have an economy based on massive debt. Free trade has failed; it is time to go back to the traditional American trade policy—tariffs.
Great tagline!
Anybody up for a good trade war? After all, 0bama wasn’t doing quite a good enough job at putting us into another decade-long depression.
There was a huge trade deficit BEFORE the housing collapse...and manufacturing was not doing well....500-600 billion in trade deficits is not doing well...
Protectionism....American Economics, more accurately, is the only answer...unless you prefer Obama Socialism. Once the ChiComs start charging more for their goods to recoup their US losses....Free Trade is over.
We’re going to hell in a hand basket and liberals are carrying us there.
So are his statistics bogus?
As always with Pat, he takes a few facts out of many and uses them to back up his personal agenda. It’s just as dishonest as if by pointing out that since *I* did okay in the past few years that economy is great.
Thanks! And quite accurate to, I must say ;-)
Then we should return to the days of slavery, only this time the color of one's skin not to be the determining factor but the content of a persons character.
Every conservative should own at least one liberal slave and if he misbehaves, apply the whip.
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