Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Pete Buttigieg: "Fool's Errand" To Change Fundamentals Of China's Economy With A Few Tariffs [tr]
Real Clear Politics [CNN-sourced] ^ | August 18, 2019 | Tim Hains

Posted on 08/18/2019 11:31:21 AM PDT by catnipman

Presidential candidate Pete Buttigieg said Sunday on CNN's "State of the Union" that "both sides will lose" President Trump's trade war with China and that it is "a fool’s errand to think you’re going to be able to get China to change the fundamentals of their economic model by poking them in the eye with some tariffs."

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


TOPICS: Government; News/Current Events; Politics/Elections; US: Delaware; US: Indiana
KEYWORDS: 2020election; boycotts; buttigieg; china; clintonnonnews; clowncar; cnn; delaware; dnctalkingpoint; dnctalkingpoints; election2020; indiana; joebiden; joeclowncarbiden; mediawingofthednc; mikepence; partisanmediashills; petebuttigieg; presstitutes; sanctions; smearmachine; southbend; tariffs; trade
Navigation: use the links below to view more comments.
first previous 1-2021-4041-45 next last
To: DesertRhino

LOL!


21 posted on 08/18/2019 12:13:00 PM PDT by bkopto
[ Post Reply | Private Reply | To 17 | View Replies]

To: catnipman

Anybody who takes it in the ass should not be lecturing the USA on anything.


22 posted on 08/18/2019 12:17:55 PM PDT by eyedigress ((Old storm chaser from the west))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sapwolf

You notice he didn’t actually propose what he would do that would cause the Chinese to stop forced technology transfers or dumping products below cost or subsidizing state owned enterprises. The long game with tariffs is to cause business to relocate their supply chains out of China which would thwart their hundred year marathon objectives to replace the US as the dominant financial market in the world. Pete doesn’t get that this is the latest in the existential war between free people and medieval servitude under a ruling oligarchy. How many Dow points is it worth to get China to block the export of illegal fentanyl from Chinese pharmacies on the web? Maybe if the WTO had some force they could get China to abide but what it already agreed to as part of its membership but until then President Trump is the only power that is willing to defend true free markets in the world.


23 posted on 08/18/2019 12:20:39 PM PDT by Dave Wright
[ Post Reply | Private Reply | To 19 | View Replies]

To: catnipman

I’m sure he’s a China expert. /s

More likely in their employ.


24 posted on 08/18/2019 12:23:20 PM PDT by Williams (Stop Tolerating The Intolerant.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

I watched an interview with a China specialist who worked for Reagan and Trump. He said, and I am shortening this, Trump has set up a situation where the Chinese are damned if they do and damned if they don’t. What Trump is insisting on is that China adopt the rule of law. According to a Chinese government document, all legal cases between a Chinese citizen, organization or company against a foreign company or person are to be decided in favor of the Chinese. The courts are another way the party exercises its power. If they adopt the rule of law, the power of the party is suddenly limited and they will eventually be legally removed from power. If they fail to adopt the rule of law then Trump will crush their economy which is severely over leveraged.

We can only hope Trump stays in office long enough to succeed.


25 posted on 08/18/2019 12:24:40 PM PDT by Gen.Blather
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman
Mayor Buttplug is at 3% in the Democrat polls.

It's a fools errand for him to continue running for President.

He should go back to South Bend(over) Indiana, fix the problems there, then try running again and tell us how he did it.

Until then, Mayor Buttplug should STFU.

26 posted on 08/18/2019 12:27:21 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

Here is the interview I referenced earlier. It’s from American Thought Leaders. It Also knowledgably discusses China’s organ harvesting from prisoners. Anyone with the money can buy an organ, arrived and have it implanted the next day. It’s an absolute horror story.

https://www.youtube.com/watch?v=nxyVZh_fVVw


27 posted on 08/18/2019 12:31:24 PM PDT by Gen.Blather
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

He’s a Commie, Jim.


28 posted on 08/18/2019 12:38:48 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bkopto
China’s economic model is to keep its huge cohort of job-aged youth employed and content with a middle class consumer life style. Memories of the Cultural Revolution remind the leaders of what can happen if this demographic becomes restless. They accomplish this by any type of currency manipulation, government subsidies, or theft necessary to keep the factories humming and exports flowing outward.

Trump takes the most obvious approach and increases the cost of China selling its goods here, the largest consumer market on earth. In theory, that would lead to less trade, and there being less demand for China’s goods, deflation. But that can’t happen because China cannot afford the unemployment which would follow, nor other Asian nations stepping into the vacuum. China’s only practical response, but the worst one possible, is to further subsidize its exports so that the impact of the tariffs is not felt by the U.S. consumer.

29 posted on 08/18/2019 12:41:04 PM PDT by PUGACHEV
[ Post Reply | Private Reply | To 14 | View Replies]

That is by far the best argument I have heard for doing nothing. If it is hard, don’t try, somebody will take care of it


30 posted on 08/18/2019 12:47:06 PM PDT by dsrtsage (For Leftists, World History starts every day at breakfast)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

31 posted on 08/18/2019 1:00:37 PM PDT by Bon mots
[ Post Reply | Private Reply | To 1 | View Replies]

To: plain talk

If the tariffs be the “errand of fools” that Pete Buttigieg claims it to be, then why are the Chinese being driven to comply with the new strategy? The Chinese could solve this all within a week, if they were not so compelled by their own vision of becoming the new superpower in single domination of the world.

The Chinese have come far, it is true, compared to the China of 1950. But they are still in an economic model that was obsolete before World War II, the paternalistic nation-state that harnessed the power of enterprise and mass consumerism for the benefit of the State rather than give the innovators the reasonable expectation of being rewarded for clever adaption of new and existing principles of “how things work”. Command-and-control is an institution as old as human society once it rose above the tribal level, and it has been the source of most of the devastation visited upon this planet in the last coupe of centuries.

The American Experience was as notable for the restraints it LIFTED against imagination and innovation, and allowing the products of this imagination and innovation to bring fame and monetary reward to the entrepreneur, as all the high-minded platitudes about “freedom, liberty, and justice for all”.

Sure, some people get very wealthy. But money, wealth, is a very fungible and highly plastic commodity, and the greater degree to which it is accumulated, the more easily the FLOW of money is available to the great masses of people. Money is not static, but INCREASES in value the more it is made available on an equitable (not :equal”) basis to the widest number of people.

Sure, some people DO get left behind. But the greater mischief here is to penalize the highly successful and arbitrarily redistribute the flow of wealth, not to compound its growth and power, but to artificially increase the “buying power” of the have-nots, without also making a pointed and reasonable effort to educate the class of “have-nots” in the basic economics and the means by which they may participate in and further increase the size of the pie to be divided up.

If you’re not part of the solution, you are part of the problem.


32 posted on 08/18/2019 1:04:22 PM PDT by alloysteel (Nowhere in the Universe is there escape from the consequences of the crime of stupidity.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: alloysteel

“why are the Chinese being driven to comply with the new strategy?”

They aren’t. They will continue their strategies long after Trump is gone. Trump is not trying to change their strategies and couldn’t even if he wanted to. Trump is simply looking for a more equitable trade arrangement.


33 posted on 08/18/2019 1:08:29 PM PDT by plain talk
[ Post Reply | Private Reply | To 32 | View Replies]

To: catnipman

Butt buddy proves he’s an ass that does not have American’s interest in mind.


34 posted on 08/18/2019 1:12:05 PM PDT by VeniVidiVici (Liberals - anathema to a free thinking society.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

Dear Pete,

It might not be possible to change China’s behavior but it’s entirely possible to keep them from preying upon the American people. When you burn off a tick that is sucking your blood your really don’t care about changing the tick’s way of life.


35 posted on 08/18/2019 1:15:48 PM PDT by wildcard_redneck (Freeper formerly known as WMarshal.......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

Buttplug is an idiot.


36 posted on 08/18/2019 1:25:19 PM PDT by jospehm20
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

He has sex with another man, and lectures on a fool’s errand.


37 posted on 08/18/2019 1:36:38 PM PDT by bk1000 (I stand with Trump)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman
Ah, the credo of a loser. "Things are hard, so why even try?"

It's difficult to believe this is the same party as JFK's.

38 posted on 08/18/2019 1:40:12 PM PDT by Sirius Lee (“They are openly planning to murder you. Prep if you want to live.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

Pete loves penis.


39 posted on 08/18/2019 1:46:28 PM PDT by right way right (May we remain sober over mere men, for God really is our only true hope.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hardastarboard

Really? German for Dumb ass...

I prefer to refer to him as Buttplug, cause he’s so full of it!


40 posted on 08/18/2019 2:57:11 PM PDT by el_texicano
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-45 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson