Posted on 04/11/2011 3:33:42 PM PDT by aphid
For example, Trump professes to support free trade, yet proposes a 25% tax on imported goods from China to level what he sees as trade imbalances in the global economy. It's a contemptuous proposal which would immediately punish Americans by raising the price on virtually everything we buy.
He has also called for regulators to stop European stock operator Deutsche Börse's planned $9.5 billion buyout of the NYSE Euronext, telling Fox Business Network, "I don't want foreign countries owning the New York Stock Exchange." If he was the president, he added, he "wouldn't even have allowed the discussions to take place." In a capitalist country, shareholders make that kind of decision, not regulators. Trump sees a clear role for government picking winners and losers in the economy, just the same as the previous presidents he claims to critique.
On top of that, he has pushed for a one-time 14.25% tax on the rich as a means of supplementing funding for Social Security and Medicaid, along with universal health care . Philosophically, those positions are indistinguishable from the anti-capitalist political establishment now in power.
Trump, of course, is free to run and support whatever platform he wishes, as are his many fans across the country. But despite his personal fortune, they should know his proposals and political philosophy are far from capitalist. Punitive and redistributionist taxes, centralized planning, barriers to trade and an entitlement "social safety net" are all ideas straight out of Karl Marx, not John Galt.
(Excerpt) Read more at smartmoney.com ...
China are no capitalists, and Trump is right to want to punish them for their trade abuses, currency manipulation, and violation of intellectual property rights. Until China wants to grow up and become a responsible member of the international community, we should not be enabling them to beggar (bugger?) the American economy.
China are no capitalists, and Trump is right to want to punish them for their trade abuses, currency manipulation, and violation of intellectual property rights. Until China wants to grow up and become a responsible member of the international community, we should not be enabling them to beggar (bugger?) the American economy.
China are no capitalists, and Trump is right to want to punish them for their trade abuses, currency manipulation, and violation of intellectual property rights. Until China wants to grow up and become a responsible member of the international community, we should not be enabling them to beggar (bugger?) the American economy.
China are no capitalists, and Trump is right to want to punish them for their trade abuses, currency manipulation, and violation of intellectual property rights. Until China wants to grow up and become a responsible member of the international community, we should not be enabling them to beggar (bugger?) the American economy.
Bingo!
What this county needs right now is leadership, not a politician that is worried if his/her words might offend someone.
born June 14, 1946 in Queens, New York, NY (Meets the Jus Soli Requirement)
Parents were
Frederick Christ Trump, born October 11, 1905 in Queens, NY, died June 1999 in Queens, NY
Mary Ann MacLeod, born May 10, 1912 in SCOTLAND, died August 7, 2000 in Queens, NY. Arrived in US October 5, 1935. Married January 1936. Naturalized as a US Citizen March 10, 1942.
Both parents were US Citizens at the time of his birth (Meets the Jus Sanguinis Requirement)
Donald Trump is a NATURAL BORN CITIZEN unlike Comrade Barry Soetoro aka Barack Hussein Obama.
Trump wants universal health care...that’s my biggest problem with him. I’m ok with his China statement.
uh i believe the 25% tax on China is a threat, not preferred policy. if they were to play fair as far as trade and currency i don’t believe the 25% tax is something he actually supports in a level playing field.
i mean come on that took about 25 seconds to figure out.
TRUMP WANTS UNIVERSAL HEALTH CARE
He'll tax the rich to pay for it.
How is that different from Obama?
What a bunch of knee jerk posters that couldn’t get past the first paragraph.
Let me repeat:
TRUMP WANTS UNIVERSAL HEALTH CARE
He’ll tax the rich to pay for it.
How is that different from Obama?
Yes, that’s in the article.
But what if a 25% tarrif on Chinese imports produces more US jobs, more US products, more tax revenue for the treasury?
What a bunch of knee jerk posters that couldn’t get past the first paragraph.
TRUMP WANTS UNIVERSAL HEALTH CARE
He’ll tax the rich to pay for it.
How is that different from Obama?
Yes, that’s in the article.
Please read. We’ve almost lost the country...one more slip and it’s gone.
If there is a import duty on imported Chinese goods, those goods will be made elsewhere.
Bullcrap. Tariffs are very capitalistic. It means you protect your industries. In fact the Federal government used to get most of its revenues from tariffs on foreign goods. Go look it up
He has also called for regulators to stop European stock operator Deutsche Börse's planned $9.5 billion buyout of the NYSE Euronext, telling Fox Business Network, "I don't want foreign countries owning the New York Stock Exchange."
I agree with Trump. Where is the American pride? Selling the symbol of American capitalism out to Germans? Everything is done for a cheap buck?
If he was the president, he added, he "wouldn't even have allowed the discussions to take place." In a capitalist country, shareholders make that kind of decision, not regulators. Trump sees a clear role for government picking winners and losers in the economy, just the same as the previous presidents he claims to critique.
Nope. A real country does not allow this. Who ever wrote this crap is a "citizen of the world" type
Thanks for posting---- I like Trump even more now!
right on!
The right weay to fight our trade problem with China and others is:
Let corporations bring the profits made overseas home to the US at NO TAX on the profits.
Cut EPA down to size.
Do not allow the Endangered Species act to create another spotted owl or smelt situation.
Drill for oil, allow the development of oil sand/shale, etc., so cheap energy is available to industry.
Put the tree huggers, the Sierra Club, etc, in their place.
The actual fact is that we have created a very unfriendly business climate.
No wonder the big guys are going overseas.
Big money flows downhill. There is no way to cure the problem other than to remove the hill.
Tariffs will tramatize the world economy as well as the US buying public. Creating the right business climate will result in a gradual natural transition that will take place over time and thus reduce the shock.
Not at all it should be twice that.
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