Posted on 07/26/2018 12:27:49 PM PDT by central_va
Sorry for the vanity but Rush did a 180 on trade today and I am proud of him.
Rush confessed he was wrong all of these decades about trade, live on air just a few minutes ago! He also admitted Perot was correct and the the one sided trade the US( and its workers ) have been subjected to was wrong and it was erroneously pawned off as 'free trade'. He said he was duped by economists.
I just listened in amazement committing free trade heresy live. It was a great radio show today! Awesome!
Rush is off my S list. He is big man for doing this.
They used to attack me also. One-sided free-trade isn’t free trade!
“why was the auto industry specifically excluded in the “free trade” discussion?”
The German auto companies own and operate Angela Merkel, and Germany controls the EU. The threat of automotive tariffs is the lever that moves the EU.
They will now support the Iranian sanctions (in practice, even if they give lip service to Iran), reigning in China, and improving the overall merchandise trade balance with the USA.
President Trump holds the Trump card with the threat of automotive tariffs.
Many people need to work out their logic on this case.
Conservatives are adamant about the rights of private property, free association, low taxes.
We all agree that its our basic right to buy and sell with whomever we want, without central planners interference or government taking a skim off the top.
I’m all for Trump promoting fair trade and equal access deals - particularly with China.
But being against “economists” and the principles of free trade without exception is simply asking for socialism and central planning.
A true free trade agreement could be written on a postcard.
“I won’t place tariffs on your goods, and you won’t place them on mine.”
We don’t have that. What we have is thousands and thousands of pages of corrupt, deck-stacked managed trade under the control of globalists.
Rush took the red pill.
Several years ago his net worth was over half a BILLION, so he doesn't care that you don't listen, numbnutz.
We have a kool aid drinker! Go away traitor.
Thank God for Donald Trump.
About the time the neocons came into the conservative movement as a real force, the focus of conservatism radically shifted to economics, and away from social issues. A great many of us (myself included) did a deep dive on free market economics, effectively turning it into a fetish.
We were told and believed that the trade deficit was a sign of strength, and that more was better. We were told that we should get used to the “service economy” of low wages, while simultaneously being told that the economy would collapse without infinity 3rd world immigration. We were also told that Bill Clinton’s tax increase would crater the economy. It didn’t. Growth was kind of weak, but the apocalyptic predictions never came to pass. Our fetish led us to think that a dislocation of a fraction of a penny would have a “butterfly effect” on the market, dooming us all to poverty.
While we were looking at graphs and vying to be Paul Ryan (Paul Ryan won that contest) the Left flooded our country with illegals, fomented riots in the black community, aborted millions more babies, convinced another generation of young people that having children is horrible, destroyed the family, further glamorized drugs and whoredom, completely normalized homosexuality, and is more than halfway around the bases on trannys and pedophilia. Meanwhile, the “Right” was kvetching about “statism” and marginal tax rates. That tax cut won’t do much good when the HR department fires you for refusing to share a cube with a 600 lbs. tranny.
Apart from the 2nd Amendment, nothing has been conserved by conservatism. I guess if you had to pick one thing, that’s a pretty good one.
Thank God for Donald Trump.
“Rush took the red pill.”
He’s been taking it in installments for a while. This was a big chunk.
It’s funny he would do that just a day after Trump admitted his trade war was asinine and begged for a truce from the EU.
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You forgot your sarcasm tag; it was EU who came begging, not Trump!
We reaffirm our belief in the protective tariff to extend needed protection to our productive industries. We believe in protection as a national policy, with due and equal regard to all sections and to all classes. It is only by adherence to such a policy that the well being of the consumers can be safeguarded that there can be assured to American agriculture, to American labor and to American manufacturers a return to perpetrate American standards of life. A protective tariff is designed to support the high American economic level of life for the average family and to prevent a lowering to the levels of economic life prevailing in other lands.
In the history of the nation the protective tariff system has ever justified itself by restoring confidence, promoting industrial activity and employment, enormously increasing our purchasing power and bringing increased prosperity to all our people.
The tariff protection to our industry works for increased consumption of domestic agricultural products by an employed population instead of one unable to purchase the necessities of life. Without the strict maintenance of the tariff principle our farmers will need always to compete with cheap lands and cheap labor abroad and with lower standards of living.
I just listened to him in total amazement committing free trade heresy live. Great radio show today!
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Now it’s Levin’s turn. Let’s listen tonight to see if the ‘smart guy’ can humble himself just a little as Rush did today. More crow is on the menu and being served up for all the so called certifiable Conservative know-it-alls on this tariff trade issue.
babble
verb
Meaning: talk rapidly and continuously in a foolish, excited, or incomprehensible way.
Your name fits.
We’re not going back to 2 for Ustinkistan 1 for us. Spill our blood and trillions for for them, while they demand more and the right to loot America?
Those days of getting economically gang banged by the globalist, like in the 80s and 90s and 2k’s, are effing over.
I’m a libertarian, and a free trade zealot. I believe no government should have authority to restrict my purchase of any legal product or service. Plus, it makes most sense in terms of economics. Meddling with trade by imposing tariffs, restricting competition, subsidizing, and the like all work against the efficiencies of a free market.
Unfortunately, we are about 100 years or more from a free market economy, now, so hoping for Free Trade is about like hoping for the Tooth Fairy.
I, too, was duped by NAFTA. Right up until the moment that someone explained to me “NAFTA is anything BUT free trade. Why would a document proclaiming free trade take more than a paragraph or two?” So true. NAFTA and all subsequent agreements are the opposite of free trade.
So I guess I’m with Rush. And I truly think what Trump is doing with trade is the best possible strategy for what is realistically a notevenclosetoafreemarket economy. Sad but true.
Its about time!
The GOP has been played for fools for decades to keep the $$$ flowing to China
But he did.
Know anybody in your life that’s been wrong but was too small to admit it? This guy admitted it on the radio.
He gets credit from me for that. You have to be humble enough to admit your wrong. How else do you move forward?
Ok, what are you getting at here? Tax increases always slow the economy down and decrease revenues.
Yeah. I like that. He's pretty f'd up on trade. A real globalist zealot.
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