Posted on 03/17/2016 8:04:48 AM PDT by Trumpinator
Cramer: Listen to Donald Trump
Abigail Stevenson | @A_StevensonCNBC
16 Hours Ago
Jim Cramer is tired of the horse race. He is sick of hearing whether John Kasich can be a comer because he won his home state, or if Ted Cruz can win enough delegates. For once, Cramer would rather go over what Donald Trump is actually saying, and what he would do if elected President.
"Trump has real things to say. They may not be what you think, and they often seem like wishful thinking. But you need to know his views, not just how he is doing coming around the far turn," the "Mad Money" host said. (Tweet This)
In Cramer's perspective the U.S. has been crushed on almost every single trade deal it has done, going all the way back to Nafta. And every time Cramer has asked an official of either party to name a deal that was signed in the last decade that has given the U.S. a trade surplus, no one could come up with an answer.
For years those who have questioned any of the trade deals has been dismissed as foolish. Now that Trump has said that the U.S. government has been horrendous at negotiating these deals, Cramer has no beef with it.
"Say what you will about Trump, I agree with him about these trade deals," Cramer said.
(Excerpt) Read more at cnbc.com ...
And what’s your share of the 19 trillion of debt?
Also, the stuff that comes from China is mostly of crappy quality that is at best cheap and disposable and at worst poisonous.
And the price we pay is a stagnant economy, loss of manufacturing base, millions unemployed, entire industries wiped out, reduced national security, national sovereignty at risk, loss of freedom, unsustainable increases to our national debt, federal government overreaching, regulations up the wazoo, forced globalization, international bodies interfering in our domestic affairs, and on and on and on until eventually we lose our nation.
I think Reagan's tax cuts were measured and carefully thought out. I don't think Trump has put the same thought into his. Reagan also did not have to face the consequences of decades of fiscal irresponsibility leading up to his administration that Trump will.
Fiscal irresponsibility? Like the 19 trillion in debt run up by the uniparty? Business as usual is bankrupt.
Yes, when I was in college I argues - to the horror of my economics professor - that tariffs do increase costs for consumers but one of the good things about that for consumers is that then instead of a race to the bottom for pricing it is a race upwards for quality. If all things are equal the best made product wins out. Quality wins out over quantity (aka pricing). This has inherit benefits - more environmentally green - less stuff being thrown out - good quality usually lasts longer and is worth repairing. Higher waged jobs and higher skills needed so employees are cherished. Technology improves because quality and innovation is what sells rather than the lowest engineered good.
Exactly. It's not just Trump's tax plan it's the fact that he has shown no interest in cutting government. He will not tackle entitlements like Social Security or Medicare; instead he will keep them as they are. Other than vague suggestions about eliminating Department of Education and the EPA Trump is not talking about decreasing the size of government; instead he's talking about increasing spending on infrastructure and the military. Trump is not going to end Obamacare; instead he will replace it with some unknown solution that will cost God knows how much. Trump cannot tackle just one of the problems we're facing while making the others worse. While there are aspects to Ted Cruz's tax cut plan that leave much to be desired, it doesn't run up the deficit like Trump's. While the cuts Ted Cruz proposes don't go far enough, they are still far more extensive than anything Trump has talked about. I have far more faith in Ted Cruz's ability to stimulate the economy without wrecking it than anything Trump has proposed.
Obviously, you’re not listening.
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That is a requisite for rebuilding industry.
Even more than that, we need secure supplies of raw materials, or ones which can be recycled. Again, industries which suffer from over regulation.
We need economical means of transporting raw materials, feedstocks, refined materials and finished goods, again industries which are rendered more expensive through excessive regulation.
While no one wants to live in a polluted environment, there are reasonable and rational amounts of restriction on pollution and then there are prohibitively expensive limits which are of questionable value to the environment or humans or wildlife, some of which rely on technology that hasn't been invented.
And then, there are the substances regulated, which now include CO2.
In short, our industry has been strangled by our own government.
Add to that trade policies which have us trading with people who have no such encumbrances, and they will be able to produce products far cheaper, even if of the same quality (which they seldom are, but that is another topic for discussion).
Bringing industry back home will have to be done in part by relaxing regulations which make no sense, and by fixing rational standards so regulatory agencies cannot keep moving compliance targets, something which cost a fortune in downtime, materials, refitting, and technology to remain in compliance.
One of the biggest impediments is the EPA.
It is the one single Agency which has done immeasurable damage to American Industry, from the coalfields of West Virginia to Silicon Valley, to the textile mills of the Carolinas to the drilling rigs offshore in the Gulf.
Sure, there are other Federal Agencies which make life more difficult for industry, be they the USFWS, the BLM (Bureau of Land Management), OSHA, and others, but the EPA has been the bludgeon which has either killed industry where it stood or chased it from our borders to where it can produce unencumbered.
We're an inventive lot, we are problem solvers, which has placed America ahead of the world in many things, but those who once dared to try the impossible not only have to overcome the problems and challenges of accomplishing their goals, but have to navigate the morass of Federal Regulation to do so.
As Walt Kelly's Pogo said, "We have met the enemy and he is us."
The American People have given free trade a thirty year test ride. The elites could not have asked for more.
But the verdict is in, and the answer is nyet.
In Cramer’s perspective the U.S. has been crushed on almost every single trade deal it has done, going all the way back to Nafta. And every time Cramer has asked an official of either party to name a deal that was signed in the last decade that has given the U.S. a trade surplus, no one could come up with an answer.
For years those who have questioned any of the trade deals has been dismissed as foolish. Now that Trump has said that the U.S. government has been horrendous at negotiating these deals, Cramer has no beef with it.
“Say what you will about Trump, I agree with him about these trade deals,” Cramer said.
That is why they talk about racism, Trump’s hair, and old men punching protestors.
Talking about the issues....now that’s something we can’t have!
That's not fair using real math and reality with those without math skills and no sense of reality!
It gave me a quality guitar cor $100, a large 4k tv for a few hundred, and lots of other things i could never afford otherwise.
But thats just me. YMMV
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Same here, minus the guitar
And what does it cost the next generation?
Free trade where it destroys the means of production in your country so that you cannot guarantee the security or safety of your country in the case of an embargo is probably NOT where we want to be.
Make sure we export all of our means of production of steel and other important material in event of a war.
See what happens next.
It is a matter of sovereignty and security.
I am happy to pay extra for a pair of sneakers, thanks.
Of course, you have to listen to him speaking at various places to know that and apparently the eight or ten speeches of his I've heard are ones you never bothered to listen to or you couldn't possibly pretend to not know he's answered that question over and over again.
I’ll take small screen and wide freedom. Thanks.
Me, too. Or boots. I have noticed that Chinese made shoes or work boots do not provide support to the right parts of my feet, and it caused some foot problems for a while. Podiatry has been something studied there for a few millennia, so I wonder if that may not be a subtle way of damaging America, one foot at a time.
BINGO!
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