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Economic Debate: Kasich, Rubio, Bush Up; Trump’s Protectionism a Real Downer
Human Events (Salem Media Group) ^ | 08/10/2015 | Lawrence Kudlow

Posted on 08/10/2015 10:40:25 AM PDT by nhwingut

With a record 24 million people watching the GOP debate, you’d think there would have been a lot more time spent on the most important issue of the day: the economy. Look at any poll. Jobs and the economy are always at the top of the list. But there was barely a mention of this on Thursday night.

The Republican Party is not going to win this election unless it persuades the electorate that its primary principles of low marginal tax rates, lighter regulation, free trade and a sound dollar are the best path to growth. Call it free-market capitalism. Call it supply-side. Call it entrepreneurship. Call it take-home pay. But the endgame is growth and prosperity.

(Excerpt) Read more at humanevents.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: Florida; US: New York; US: Ohio
KEYWORDS: 2016election; economy; election2016; florida; jebbush; johnkasich; kudlow; marcorubio; newyork; ohio; salemmedia; trump
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Jeb Bush was more programmatic. He stuck to his 4 percent growth target and emphasized that 2 percent secular stagnation is not acceptable. He wants lower tax rates, fewer regulations, unleashed energy, school choice, and Obamacare repeal. And he asserted at least twice that effective immigration reform is an economic-growth driver.
1 posted on 08/10/2015 10:40:25 AM PDT by nhwingut
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To: nhwingut

...“Democrats have opened our borders to all manner of horrific Third World violence, crime, and disease. The GOP has supported and endorsed this vile activity every single step of the way. Trump has tapped into the fury of the American people over the unrelenting anti-American NWO push of our paid employees in government. Trump could win this on this one issue alone. Americans are tired of being betrayed by their government on both sides of the aisle.”...


2 posted on 08/10/2015 10:42:08 AM PDT by Lopeover (My vote is valuable, you must earn it.)
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To: nhwingut

“Jeb Bush was more pogrommmaticly, self mutilating...”

(fixed)


3 posted on 08/10/2015 10:43:00 AM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: nhwingut
This has protectionism written all over it. Mexico is our second-leading export market. China is our second-biggest trading partner. A 35-percent tariff, which Trump has hinted at in the past, would be a gigantic tax hike, setting off a global trade war and doing incalculable damage to our economy. We don’t need another Smoot-Hawley. Trump should have been asked about this by the debate moderators. Unfortunately, the subject of trade never came up.

Pure Free traitor propaganda.

Smoot-Hawley had a minimal effect on the depression. China and Mexico run HUGE trade deficits with the USA. So much BS so few shovels.

4 posted on 08/10/2015 10:44:45 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: nhwingut
China and Mexico run HUGE trade deficits with the USA. So much BS so few shovels.

They run huge surpluses with the USA, we run deficits....

5 posted on 08/10/2015 10:46:31 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
Smoot-Hawley had a minimal effect on the depression

Better tell that to Ferris Bueller's teacher.


6 posted on 08/10/2015 10:46:41 AM PDT by dfwgator
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To: nhwingut
Yeah, let's stick with that globalism cheap labor race to the bottom for 95% of the global population. Because it's worked so well so far.

It makes me want to mend my wandering ways and get a bumper sticker that says: 2016: Jeb or Christie or Kasich. (sarcasm)

7 posted on 08/10/2015 10:47:21 AM PDT by grania
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To: nhwingut
effective immigration reform is an economic-growth driver

I caught that line.

He will open the border and say its good for the economy.

They are bringing in a million legal immigrants a year on top of another million illegals, into a shrinking job market. I guess it never occurs to them that their job is to serve the citizens, that immigration policy should serve the interest of citizens. The border should be secured against illegals, and legal immigration should be reduced to effectively zero until the economy rebounds. Even then, how does it serve the citizen to have a million new immigrants each and every year?

8 posted on 08/10/2015 10:47:22 AM PDT by marron
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To: nhwingut

So Kudlow thinks Kasich, Rubio and Bush are the winners. Polling shows they’re the big three losers. The POSITIVE approach to immigration: “Americans can do the work, themselves.”


9 posted on 08/10/2015 10:52:32 AM PDT by dangus
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To: marron

Yep.

“Comprehensive” is too radioactive now. Everyone associates it with amnesty and open borders.

So some Luntz type (probably Luntz himself) came up with the genius word “effective.”


10 posted on 08/10/2015 10:53:05 AM PDT by nhwingut (Trump-Cruz 2016 - Blow Up The GOPe)
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To: central_va

And the illegals send $$$$$$ home to their families!


11 posted on 08/10/2015 10:59:47 AM PDT by Lopeover (My vote is valuable, you must earn it.)
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To: nhwingut

Was just reading about an old company I used to work for that declared bankruptcy. Overseas competition and tax incentives hurt their bottom line.


12 posted on 08/10/2015 11:02:59 AM PDT by justa-hairyape (The use of the name is sarcastic. Although at times it may not appear that way.)
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To: marron
Without immigration, the US would have a negative population growth rate. With present levels of immigration, population growth is about 0.9% per year.

Population growth grows economic output.

13 posted on 08/10/2015 11:03:39 AM PDT by Ben Ficklin
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To: Ben Ficklin
Take away the locust plague and the grass will grow again.

A strong economy with the drain of illegal and legal immigration stopped so the people can catch their breath would shoot the birth rate thru the roof.

14 posted on 08/10/2015 11:05:31 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Ben Ficklin

Not if the growth comes from people who are pretty much all a drain on resources.


15 posted on 08/10/2015 11:06:28 AM PDT by jospehm20
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To: Ben Ficklin

“Without immigration, the US would have a negative population growth rate. With present levels of immigration, population growth is about 0.9% per year.
Population growth grows economic output.”

Brilliant statement...I guess that’s why we’re doing so well right now...with all the new immigration. Mexico’s “finest” seem to be doing so well here and helping our economy.

Remind me again...why are so many AMERICANS out of work??


16 posted on 08/10/2015 11:09:02 AM PDT by Herodes
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To: central_va
Smoot-Hawley had a minimal effect on the depression.

The Federal Reserves disastrous monetary policy caused the Great Depression. The Feds policies resulted in a 1/3 contraction of the money supply between 1929-32.

Second FDR and his Keynesian/Marxist cabal exacerbated and prolonged the great depression.

The Great Depression ended with Roosevelt’s' death.

If FDR followed President Harding's policies the depression would have been over in about 18 months. BTW, marxist liberals rate Harding near the bottom of Presidential rankings (because he took a knife to government spending to cure the Greater Depression he handled.)

17 posted on 08/10/2015 11:11:18 AM PDT by sand88 (We can never legislate our way back to Liberty)
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To: grania

That’s the real issue. After 20 years of hardcore “Free Trade”, we are in the toilet. Those who support the “free trade” status quo own the economy we have now.

I encourage everyone to go back and study the debate over NAFTA and ask yourself which side’s predictions for what would happen if it passed were more accurate.


18 posted on 08/10/2015 11:11:44 AM PDT by Empire View
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To: nhwingut
Trump's protectionism is exactly why I'm voting for him.

He's the only candidate that understands the role our trade policies have had in de-industrializing America and causing our high unemployment.

That's our #1 problem at this point.

And trump is more than conservative enough on the other issues

42 Reasons Trump is conservative

There is (I assume it's still there) a provision in the WTO agreement that allows a scaled tariff in the face of chronic trade deficits. We should implement this immediately.

Scaled Tariff would help balance the budget

19 posted on 08/10/2015 11:13:00 AM PDT by DannyTN
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To: Ben Ficklin

Which is why the fastest growing economies in the world are in places like Mauritania and Sudan while the weakest economic growth is found in places like China and South Korea.


20 posted on 08/10/2015 11:13:55 AM PDT by Empire View
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