Posted on 04/29/2011 7:16:11 PM PDT by RobinMasters
Via Mediaite, which has excerpts from last nights F-bomb cavalcade. One of our commenters in Headlines watched the clip and observed that Trump is basically a leftist caricature of Republicans brought to life. Precisely but with the caveat that something like 20 percent of the GOP wants to embrace the caricature. (That number might already be slipping.) He knows hes too compromised on conservative principles to get traction with the base so he overcompensates with tell-it-like-it-is populist bravado aimed at framing himself as the ultimate regular-guy outsider. Calling the Chinese MFers is the logical extension of that; if he cant address economic anxieties with a serious policy solution, at least he can do it with rhetorical empowerment. Thats why Reagan, who did have a serious Cold War strategy, didnt have to say Tear down this motherf***ing wall instead.
Just to follow up on the point about leftist caricature, though, Im intrigued by this tidbit from his trip to New Hampshire:
(Excerpt) Read more at hotair.com ...
I sometimes wish FR had a place where we could cuss.
How is your free trade world going to deal with that?
I am sorry, but I just don't think free trade is good.
I don't shop at China Mart so this tariff would impact me very little.
its not their extremely low pay scale that make China the best place to invest. If that was so, Zimbawae would be the mecca of the manufacturing world. Free trade is good, because freedom is good
tremendous thanks for all that.
Foxconn is probably still doing 99% of engineering and design on Taiwan. Then does the manufacturing on the Mainland
Unless FoxConn has tremendous security... The ChiComs are stealing every bit of technology they can at the Apple assembly factory and other FoxConn factories.
Doesn’t FoxConn have to have allow 50% ChiCom princeling participation& ownership in their Mainland factories???
http://www.youtube.com/watch?v=sDh3FNuwrTc
listen to this, best explanation on trade by Peter Schiff
Free trade has nothing to do with freedom, except the freedom of others to destroy our industries.
You can choose to be free and unemployed, I choose to stand up for America.
standing up for America is supporting free trade. Its not free trade that is killing America but government taxes and regulation and federal reserve devaluing of the currency. Who would invest in USA if their currency is losing value every day, who would invest in USA if they lose money from the investment? Please watch the link I provided on Peter Schiff
-— FREE TRADE IS FOR CHUMPS AND LOSERS-—
No other nation plays that way. We run a 600 billion dollar trade deficit. This is what spend thrift losers do. This is what drunken sailors in a bar do.
It's far better than the alternative. As you note:
We could reduce all sales taxes to zero and the Chinese would still be able to make things cheaper because of their extremely low pay scale. How is your free trade world going to deal with that?
Whether the US has tariffs or not, China will produce things at a much lower cost. US consumers will buy the cheapest alternative. If you raise tariffs on every import to force the US produce to be as equivalent price, it would cause two huge changes: first, the rest of the world would stop buying US products entirely (sharply lowering our production), and secondly, inflation would skyrocket as we would be forced to pay the highest possible global price on every good. The economy would be in tatters. Purchasing power would be cut in half... and production (which is what your fantasy solution is attempting to help) would not increase at all. Our target market would be reduced to 300 million people, rather than the 6 billion we currently serve. We are still the #1 nation in production. Your "solution" would drop us to the middle of the pack faster than any Democrat could ever dream of.
It is never a wise idea to have government setting prices and attempting (feebly) to control markets. Forcing US consumers to choose products at US prices does exactly that. Recall that the Depression was made far worse because of the Hawley-Smoot tariffs. Do you really want to learn THAT particular lesson again?!
I get it. Company ABC can make product x for y dollars in the US and sell it for price z. If you can get slaves to build it for you for (y - 10%) and still sell it for price z. This works until our currency is worthless.
PS most of the jobs off shored were non-union.
Red Herring, a 10 % duty is not going to make “inflation skyrocket”. LOL. Hey you like communist China so much then move there.
yes the currency system is unsustainable but you’re scapegoating the wrong thing, please watch that link I provided. It explain a lot better than I can
BS. So much misinformation is one post. The tariffs of the depression only effected 5% of the economy.
"Imports during 1929 were only 4.2% of the United States' GNP and exports were only 5.0%. Monetarists such as Milton Friedman who emphasize the central role of the money supply in causing the depression, downplay the Smoot-Hawley's effect on the entire U.S. economy.[19]"
but Zimbawae have very cheap labor, which was the point I was making. Its not simply cheap labor that attract investment. Its low political risk, low taxes, low regulation and most of all, which allow you to keep the profit of your investment. This is not what US have. So even if you stop all imports from China, the investment will not start up in the US, because the shackles on investment is still there
lower corporate tax rates? decrease regulation? ok, those sound like good things to do, I agree... but after you have done both of those and we are still getting our asses handed to us by workers in China earning a dollar a month at a factory that pumps it's waste into the nearest river THEN what do you propose?
Secondly, your childish "move there" comment does nothing to asses the issue. (You're quite short on content and substance.). However, I'd consider it. I've flown to China for business multiple times. I keep an apartment there. 很高信件到你 ("Nice to meet you" in putonghua). China's local economic climate is FAR more capitalistic than ours, and as long as you do not cross the wrong lines (read: local bureaucrats), you can make a very nice living doing business there without much worry. I honestly feel freer there than here. I do not dread the police there. (Local bureaucrats with a chip on their shoulder, on the other hand, are frustrating as hell.) Prices are lower. (You can eat like a king for $8/day in any port town. Try the mantis prawns. Wow!) In most cases, government does not try to control, tax, or PC-liberalize most aspects of your life. I can walk alone in the worst neighborhoods at 3am and never feel an ounce of fear. (Try that in memphis, Whitey!)
In short, if you keep urging government to do more and more to try to control the economy (for example, tariffs), I'll be happy to move there (although I have more beautiful environs that I'm opting for first). The CCP knows that its life-span can only be extended by adopting more and more economic freedoms, and they've (reluctantly) been doing an almost adequate job of it. (Name the last US law that increased any freedom (economic or social) for all our citizens equally! Sadly, most of the Chinese populace is happy to wait "until the economic freedoms are in balance before trying too many of the social freedoms"... I keep telling them that it will be a loooong time for that to happen.) The GOP and the Dems only know the opposite: more government control. Given the trends, I'll happily make the move in a few years, because I love freedom and growth. You apparently love decay and government control. Good luck with that.
PS: You didn't address your red herring about tariffs in the 1930's only affected 5% of the economy. Why?
Commie lover traitor,scum of the earth- that is what I think of Free Traitors.
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