Ryan Bourne is head of public policy at the Institute of Economic Affairs - UK
Stay the hell on your own side of the pond kid.
Which past presidential candidates are these folks referencing?
The writer either has a very poor grasp of economics himself or is purposefully misinterpreting Trump's words and deeds. Probably both.
Another establishment hack. Incapable of understanding the destruction that his slavish acceptance of mass delusion is about to bring to the world and incapable of comprehending the mass hubris and denial with which he is suffused.
That is exactly what this country needs.
His utter misunderstanding of what he’s talking about in this article shows that Ryan Bourne has a remarkable misunderstanding of the way the world works.
(dammit, another one to parse...I won’t do quite as much here, though)
“The pack (of candidates) is certainly more impressive than in 2012...In a campaign against an unlikeable Hillary Clinton, many conservatives were quietly confident of victory in 2016.”
Until we got to know them a bit better - and once it became OBVIOUS that, other than Cruz, they were all “playing it safe” expecting to win by default, as McCain and Romney did against Obama.
“Despite widespread criticism for his remarks about “rapist” illegal Mexican immigrants, Trump yesterday...garnering the support of 18 per cent of Republicans.”
Now 25% for you, son.
“At best, he looks set to draw significant amounts of precious airtime in the coming months. At worst, given that he’s unlikely to win the Republican nomination, he may decide to run as an independent, handing Clinton the keys to the White House.”
Did it simply NOT occur to you that the CLEAR LEADER of the Republican field at this point might just run as a Republican in November 2016?
“...after all, Herbert Hoover was a businessman with no history of elected office before becoming President, and is now regarded as a failure by all sides.”
Carter, Obama, and the Bushes were politicians all with a history of being elected to office - not much good from them - SO WHAT IS THE POINT? Going back 100 years to discredit Trump, PLEASE.
“The importance of managerial skills and deal-making in delivering clear goals within large, centrally planned firms is not easily translatable to the political arena – which requires persuasiveness and nuance, rather than bombastic fist-slamming.”
Mr. GORBACHEV, TEAR DOWN THAT WALL!
“He laments that America imports cars and exports corn – taking the mercantilist position that imports are bad and exports good, alongside a Ross Perot-like fetish for manufactured “stuff”. This shows complete ignorance of comparative advantage – and trade being about the exchange of things people want and need.”
What I lament is that we are now COMPLETELY DEPENDENT on China for toilet paper, not to mention everything else. I doubt our toilet paper factories could run more than a few months without Chinese spare parts. In other words, free trade is good, TO A POINT.
“In particular, he laments the fact that many call centres are based in India.”
Didn’t know about this. This may get MORE VOTES than even his position on Border Security.
He's also run casinos and resorts. I'll bet most of the employees at his properties here in the U.S. are immigrants, and most of them speak something other than English as their first language.
In some ways, putting this guy in the White House is like giving ISIS the keys to the Pentagon.
“Donald Trump’s fairy tale economics”
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
“Fairy tale” as opposed to...what? What do we have now?
The British economist Ryan Bourne ( born 1987 , I have underwear older than him ) fails to look out side his window and see the hollowed out shell of a once powerful manufacturing nation that GB was?
Ryan Bourne is head of public policy at the Institute of Economic Affairs - UK
Stay the hell on your own side of the pond kid.
Yeh that Trump the multi-billionaire. WTH does he know about sound economics? What morons of a lesser breed.
Compared to Obama? (I cannot stop laughing at these fools). We have something REAL and RELATIVE to compare to. And here is a guy that made 10 billion dollars being compared to Obama who couldn’t qualify to run a MacDonald’s.
“Herbert Hoover was a businessman with no history of elected office before becoming President, and is now regarded as a failure by all sides.”
Okay...
Adolph Hitler was a politician with no history of elected office before becoming President, and is now regarded as a failure by all sides.
“This shows a remarkable misunderstanding of the way the world works. Call centres are based elsewhere because, at the moment, it is cost-effective to do so. “
Yes, exploiting poverty centers of the earth and ensuring they remain at 50 cents an hour through deals with corrupt governments, and through threats to relocate to another poverty center does indeed make it cost effective.
Semi slavery IS cost effective. That was the whole concept of British occupation of India.
This British ass could be speaking of tea, salt, and textile industries in the 1800s.
Anyone who thinks Hoover was a poor president shows a stunning ignorance about him. He was a target of a Roosevelt socialist smear campaign, nothing more. Roosevelt came in on ignorant theories, implemented full socialism, and prolonged the depression by several years.
America was among the last nations to emerge from it.
Hoover was more successful BY FAR than Roosevelt.
That's a fallacy.
WWII did end the unemployment of the Depression, but when the government forces 9 million citizens into the military that will happen. For those Americans left at home, living standards were lower than during the Depression because consumer goods were so severely rationed.
The Depression was ended finally because, after the death of FDR, a Republican congress ended most of the Depression-era controls that had hobbled the economy. War does not create economic growth.
It just eats up capital manufacturing goods destined for destruction on the battlefield. This is not an anti-war screed, just an economic truth.
OK, tell us what is good for America. Whatever is happening and has happened has been terrible for America. So please, you are so smart give us the solutions.
Fairy Tale Economics? When Obama has the printing presses running flat-out and cooks the hell out of the unemployment and growth numbers each month? That’s rich!
Does this make any sense?
“This shows a remarkable misunderstanding of the way the world works. Call centres ...being overseas need not lower US output or welfare. In fact, it helps lower prices for US consumers, and workers are freed up to work in higher-value occupations. “
Are workers currently not free to work in higher-value occupations? If my engineering job were to be outsourced overseas, should be grateful because I would be free to work in investment banking?
This is the level of stupidity idiocy we see everyday from the over-educated idiots of the Left. They actually believe this stuff.
Yawn. Another chattering sleep-inducing wonk blathering on about things he has no clue about. He’d fit in well on “Meet The Press”.