NR has always been the bastion of “free traitors”, hence their undying support of Cruz.
Their version of conservatism is dead.
Finally.
This article completely ignores the reason why it’s cheaper to make things in China. The US has too many regulations tying us down and we have things such as child labor laws. Fair trade is critical. If we are going to have child labor laws then we need to only trade with other countries that have similar child labor laws or impose a tariff. That’s the easiest way to implement tariffs that people will get behind and back. And at the same time deregulate a ton of the garbage we put on our businesses via the EPA and other federal agencies. Finally, change the tax code so that people pay the tax and not the businesses. People ultimately pay for it anyway...taxing the business is just a way to hide taxes from the people. If we tax the people then they may actually care to control gov’t spending.
I don't this particular globalist puke, but his level of intellectual dishonesty is right up there with CNN and the commie Democrats.
Americans can't invest in America mainly because their investment capital is stolen in the form of taxes, regulations, licenses, fees, environmentalism, and hordes of other tyrannical anti-American policies, most of which are fully supported by the globalist RINOs.
American citizens need three times the start-up capital for any sort of business here than an immigrant would need for the same sort of business.
“Someone should explain this to the president-elect, assuming it is possible to explain things to him.”
Someone should explain to the anti-Trump chumps that elections have consequences, assuming it is possible to explain things to the elitists a-holes at NR.
What is National Review? Is that like the MSNBC of weekly magazines?
This is one of the dumbest people on Earth.
However he does understand loss of jobs has impoverished the middle class. Does McCarthy understand that?
“When Walmart orders $1 million worth of flip-flops from a Chinese concern, those Chinese gentlemen receive 1 million delicious U.S. dollars, which they are very happy and grateful to have. But what can you do with U.S. dollars? You can buy stuff from U.S. companies or you can buy assets from sellers who take U.S. dollars, which ultimately means U.S.-based investments.”
What kind of assets?
US Treasuries
Real Estate
Entire Factories
NR has gone down the tubes - it’s dead Jim.
Who cares what this Never Trump jerk who went out of his way to try to get Hillary elected thinks?
“Trade deficits are partly a question of consumer preference”
He says that just after he says we don’t have trade deficits.
It is hard to find a starting point on his idiocy. American consumers don’t have a preference when all the manufacturing is moved offshore and millions are unemployed as a result.
How much did he discuss loss of jobs in his fantasy?
backward and destructive plan to resurrect 19th-century tariffs
BTW, anytime someone makes a reference to a past century as an "argument" for why something is bad, you know this person is a progressive and an SJW.
LOL! They still haven’t figured out his 35% proposal was aimed at US companies that opted to go elsewhere and clean up at the expense of middle class jobs. It would be their choice as to whether they wished to incur it....
Expect Deaf Ears to your post. But not from me. I love Trump but he is just dead wrong on this subject. And he will learn that when push comes to shove with Congress.
That Japanese guy with $50,000,000,000 that Trump brought out yesterday could have told us he was going to spend it all on Buicks. That would reduce the trade deficit by that amount and helped unemployment in Detroit.
But he didn’t. Instead he is spending those dollars on new startups. He will hire a ton of people here in the U.S. It will be just as helpful to the employment picture as it would had he bought the Buicks. And you don’t need a punitive tariff to accomplish it.
But it won’t reduce the trade deficit. And it doesn’t matter that it doesn’t.
“Of course, investing in the United States already is a very attractive proposition”
Eventually it becomes ‘buying the United States’.
Eventually foreigners have a lot of control over how the United States operates and is governed.
The founders had tariffs so foreigners coming here would fund our military and the security. What is wrong with that!? Do we prefer instead to raise export taxes on the income of Americans manufacturing export products!?
End the IRS now
“The mystery isn’t why so many foreigners want to invest in U.S. assets but why Americans invest so little.”
Maybe if we didn’t have stagnant wages for the last 3 decades we might have some money left over to invest, genius.
Whoowee! Dat Kevin Williamson, he be de smartest one in de room!
If U doan believe it, jes axe him bout anyting!
Yessiree! He be wun smart donkey, seein everyting so clearly when lookin out thru his own bellybutton, an all!
Another clueless idiot from NRO.