Post 74 is very well said. It’s so shallow and infantile to think that protectionism works and that trade is bad. Hell, look at how expensive and awful our cars used to be. Look how to pander to a few hundred thousand auto workers, we totally screwed 300 million consumers.
That is what protectionism does, it panders to a few workers and screws the entire customer base, while preventing entry by other new innovators. World history proves it.
Cruz knows this. I don’t think Jeff Sessions, who I normally like, has any idea how macro economics work.
“Cruz knows this. I don’t think Jeff Sessions, who I normally like, has any idea how macro economics work.”
I like Sessions too - have admired him for a long time now. He was the lone voice in the Senate protecting us from amnesty when W tried to force it on us, back when Tancredo and Hunter were also patriots in the House.
BUT, I see a recurring theme in Cruz’ interviews. I’m not an economist, nor did I stay at a Holiday Inn Express, but I try to understand what he is saying - which is more than the knee-jerkers here do!
Unlike candidates in recent history, I think he has a vision for this country. He’s thinking beyond just getting elected and even beyond the next 4 years. He probably has a carefully thought out plan, and is articulating it piece by piece, drawing people from both sides into his vision of returning the US to an economic powerhouse.
Unfortunately, he may have overestimated people’s ability to focus, listen, and understand. Even conservatives.
It seems Walker might have a similar plan, and I’d like to hear more from him - although I am still cautious since he backed amnesty at one time and rewarding breaking our laws is not something I respect.
“That is what protectionism does, it panders to a few workers and screws the entire customer base, while preventing entry by other new innovators. World history proves it.”
Thank you for your kind words.
I don’t understand posters here taking the short-sighted view, like you elaborated on.
It’s like backing a union to protect a few jobs, knowing they are a parasite that will eventually bankrupt the company. In the long run, it benefits no one. In the short term, it only benefits a few.