Posted on 08/26/2015 5:47:02 PM PDT by WilliamIII
Here's a historical fact that Donald Trump, and many voters attracted to him, may not know: The last American president who was a trade protectionist was Republican Herbert Hoover.
Does Trump aspire to be a 21st century Hoover with a modernized platform of the 1930 Smoot-Hawley tariff that helped send the U.S. and world economy into a decade-long depression and a collapse of the banking system?
(Excerpt) Read more at cnbc.com ...
If you look at Trump’s actions, not his word, it’s clear he wouldn’t be protectionist. He’ll ship every job he can overseas or give it to illegals.
Do they really think that Trump doesn’t understand economics?
Oh, and NAFTA, GATT, and now the TPP are better for us?
Kudlow the Concern Troll is Concerned.
It was FDR, not Herbert Hoover, whose Communist economics kept the Great Depression going ten years longer than necessary.
The country was coming out of the Depression when FDR threw it back in.
No Larry Trump just wants to negotiate trade deals that actually benefit the US not the turd world trading partner.
China is protectionist and I rarely see any criticism about them from our chattering class.
Mark Levin continues to blame Hoover for the Great Depression too. I thought he was supposed to be a history buff?
Kudlow is a real open borders, bottom line uber alles kinda guy.
you don’t want tariffs?
then: 1. end crony capitalism
2. remove crushing regulations
3. make good trade deals
Your ilk created Trump, now deal with it
we don’t run China, in case you haven’t figured it out.
If it was up to Obama - he would run this country like China. He has done a pretty good job so far.
Just like IslamoCommunist Mau-Mau Osagyefo President for Life Barack Hussein Obama, the Manchurian Candidate.
we dont run China, in case you havent figured it out.
...
And I guess, in your feeble mind, that means no one can criticize them .
no, he’s a protectionist. It’s amazing that you think all these companies that, say, foreign steel are losing. Are they losing when they turn that steel into cars, into farm equipment, into towers, into motor graders, into skid steers....into whatever....and create jobs and wealth in the meantime....HOW THE F is that “losing?”
I know you’re not going to like this, burt the conservative economic position is free and open trade. The socialist liberal economic position is the zero sum idea of protectionism. I know, you hate it, but it’s true. Just admit your’e a lib on this issue.
It’s fine to criticize them....absolutely. And China SCREWS their citizenship with their protectionism and it benefits only a few oligarchs. That’s what protectionism always does.
So criticize away....I’m all for that....but don’t pretend as US President you can do much about it, and don’t pretend that our main problems aren’t self inflicted, and have squat to do with China or Russia or Mexico or anyone else.
Larry Kudlow: the favorite pet of the ruling class dragged out of mothballs to assure us that nothing can be done, or changed, to change the course we are on.
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