Begin the day kicking a hornet’s nest ping
I want a president who will teach our trading “partners” to buy American products.
Trump will cut all the red tape holding back small business.
The economy is for the people, not people for the economy. Heresy to globalists and technocrats but not to people who put America first.
Ok, what was the point of that? This was a speech, wasn't it? Was the misspelling in the official transcript or some news report's transcript?
Wouldn't a reasonable person have changed it to [There]?
Great topic for discussion but this article is lousy. With a white sheet of paper we could go back to a Mercantilism of 1895. But we live in a real world. It’s 2016. We have 20 trillion in debt and 100 million Americans not working. That is the problem we have to solve, wistful nostalgia of where it went wrong is less than helpful as it diverts brainpower. Let us roll up our sleeves and begin the repairs or pick someplace and start over.
Meanwhile, government still sets minimum wages for the cost of Union lobbying. Some pigs are more equal than the rest of the animals out there on the farm. Now these crony capitalists seek to give US ‘open borders’ and ‘amnesty’ to all the peoples of the world.. And these pretend conservative, crony capitalists shred our Constitution, coming in the name of our Constitution. And they besmirch Ronald Reagan's name like two bit whores.
Globalist pricks can say what they want but radical and destructive “free trade” is being rejected by the electorate. Just in time too because if we let this disastrous situation go on much longer then a guy like Bernie will win one day. More tariffs and less income taxes.
I want a president who is not ashamed of the Christians, white people, the USA, the founding fathers of the USA...>[?
I wanted to say “wealth” but that reminded me of “Double Think” from the book “1984”. Liberals have employed that in that they hate rich people, unless they are democrats, then it is OK.
Companies sold to foreign interests:
http://americawakeup.net/
I remember how America had its tail between its legs at the end of Jimmy Carter.
Nothing was going well for us.
Then Ronald Reagan came in to office.
The mookabooking iranians released the hostages in about two minutes and we started feeling good again.
After 8 years of this narcissist a hole i hope good for Trump.
Trump does scare the daylights out of those who both contributed to the sorry state of the union that Trump ran against in the primaries, and because those same people empowered Obama’s EO’s making Trump if president powerful enough to overturn treaties with simple agreements....
First explain how 25 years of trade deficits helps America. Don’t dismiss the destruction of the middle class with “NAFTA has hurt some people”. We were told that new exports would more than make up for the factories that moved out of the country. We were lied to.
Don’t like the word Capitalism - guess where it originated? I hear it was Marx & Lenin.......
It is not really representative of the central issue, which is simply FREEDOM.
Specifically, freedom of the market, or of markets.
Capitalism, as the Marxists want it (note: their first step to victory is defining and re-defining words), focuses on capital, money, assets - which the poor do not have. The word communicates, as the Marxists want, “I have money and I plan to keep it - from you!”
Freedom of markets is the real issue - which allows the poor who have little or nothing to make a PROFIT on their own efforts, and thus leave poverty, and accumulate wealth, and become financially independent.
Free Markets is what we really want. And yes, free markets produce capital. Even for the poor.
Why do any of us trade at all? Why don't we all grow our own food, make our own clothes, make our own autos, TVs, computers, etc.? Clearly because we are better off trading what we do well for what others do well.
The same holds for international trade. Only some of us are workers. We are all consumers. International trade benefits us all as consumers. Consider: what would you say of someone who claims to want to harm us all in order to benefit only some of us? That's just what those who look only at jobs but not consumption are proposing to do.
But, it will be claimed, American industries are offshoring to take advantage of cheap labor. That destroys jobs. But labor costs are typically less than half the cost of production, and usually much less than half. The rest of the costs are materials, utilities, capital investment, taxes, and similar items. The US has the highest tax rates of any industrialized nation. Offshoring is often to escape taxes and regulations, not to get cheap labor. If we want factories to stay here, we should quit driving the out of the country with unfavorable taxes and regulations.
It will also be claimed that some countries (China, Japan) are "cheating" by manipulating their currencies. Undoubtedly they are manipulating their currencies in a way that subsidizes exports. But there is no magic there. Costs can't be made to disappear by either waving a magic wand or by manipulating the currency. All those costs end up being borne by the citizens of the country doing the manipulation. Put simply, a nation as a whole cannot become rich by selling its exports at less than the cost of production. Yet that is exactly what happens when a nation manipulates its currency to subsidize exports. Or for that matter does anything else to subsidize exports. If the price of an export can't repay the full costs of production (wages, materials, utilities, cost of capital, and taxes), it is a net drain on the economy of the exporting country.
The object, then, should not be to hurt American consumers (i.e., all of us) for the benefit of those who work in industries that compete with imports. The object should be become competitive in the world market.
People like to talk about high-tech industries. I tell them to look at the area around my home and see the soybean fields. The classical measures of a high-tech industry are capital investment per worker, value added per worker, and R&D as a percent of revenue. Agriculture here is high on all three. It's a genuine high-tech industry. Soybeans are a major US export.
There is no reason the US can't be competitive in world trade, earning enough through exports to pay for imports, and ending up with a net job surplus. We just need to quit donig the things that are hurting us.
Capitalism, true free market capitalism, is the purest expression of Human Nature ever devised.
The Good, Bad and Ugly all mixed together, spun around and spat out for each Individual to decide for themselves what may be in their “Best Interest”.
Liberals and many so-called Conservatives hate true free market Capitalism because it leaves them powerless. It runs in complete opposition to their promise to “Make things better”. They have been voted into Office to “DO Something”, not to “UNDO” virtually everything.
In addition, Liberals, in particular, understand that true free market capitalism requires a huge amount of faith or trust in their fellow man. They have been projecting their own insecurities since recorded time. They don’t trust individuals because they ultimately don’t trust themselves. They have co-opted and infiltrated virtually ever aspect of our public lives in what has been a very successful effort to convince people that the “group” has more value than the “individual”. They have and continue to advance the “State” over the individual.
Republicans, and some “So-called” Conservatives have also accepted the over riding concept that “Most people are stupid”. But they take a slightly different tact. They attempt to control things at a higher level. While the liberals what to control virtually every aspect of your life, these “Republicans” are happy to let us play among ourselves as long as they pull the Macro stings.
But what is an “Elected” official or regulator to do?
Fight to put themselves out of job?
Welcome, to the Machine.