Tell the night staff to up his dose.
Posted on 01/23/2017 12:54:28 PM PST by bkopto
Sen. John McCain (R-Ariz.) blasted President Trump on Monday, warning that his decision to withdraw from the Trans-Pacific Partnership (TPP) will spark a wave of negative consequences.
“President Trump’s decision to formally withdraw from the Trans-Pacific Partnership (TPP) is a serious mistake that will have lasting consequences for America’s economy and our strategic position in the Asia-Pacific region," McCain said in a statement.
(Excerpt) Read more at thehill.com ...
That's just not true what you originally wrote about this site and the people here. Just because they don't agree with you on this trade deal does not mean that people on this site no longer advocates lower taxes. It's ridiculous to frame it that way.
One thing you fail to see is whatever the trade deal, now that the American people are included,could end up becoming just as good with lower taxes or maybe even a better deal lowering taxes.
We just don't know yet but you demonstrate over and over again a sour attitude toward people here just because they don't approve of this one particular trade deal. ONE PARTICULAR TRADE DEAL DOES NOT MAKE for an advocate of lower taxes or not.
For one, I am glad the American people will be involved in these trade deals and not just the DC corruptocrats and their cronies.
CGato
Not a hard game to play.
That is abjectly false. There are people like me who favor lowering all tax rates. It is not inconsistent to advocate for lower tariffs, lower sales taxes, lower business taxes, and lower income taxes. Your argument otherwise is bizarre.
Would you replace the income tax with a sales tax and a tariff?
Your argument is incoherent. Corruption thrives when there are high taxes and high regulation. TPP lowers taxes and lowers regulation. When government has less power (as it would under TPP), there is less corruption.
The American people have suffered because of protectionism. Smoot-Hawley triggered the Great Depression. The people may want protectionism, but they will suffer the consequences of it, too.
I will concede that people on FR oppose lower taxes and that is not consistent with my position. This is true and is the consistent theme of my posts. Despite the majority opinion on FR, I will continue to favor lower taxes and lower regulation.
I would seek to minimize the rate on each of those taxes. I support Classical Economics (Supply Side Economics).
When government has less power (as it would under TPP), there is less corruption.
This proves you are full of it. Smoot-Hawley was signed a year and change AFTER the start of the Great Depression. Trade was a tiny part of GDP in 1931 and so Smoot Hawley had a minimal affect on worsening the Great Depression.. This myth has been debunked so many times...
At the time of its enactment, exports were only about 5 percent of the economic output of the United States and still outweighed imports. (Even now, exports are a smaller part of output in the United States than in any other large developed nation.) To say that the act, which applied to a distinct minority of imports and which raised tariffs generally by only about six percentage points, caused the Depression is almost comical. It did no good, but compared with the titanic monetary policy disasters of the era, the effect of Smoot-Hawley was probably very small, or so most mainstream economists believe.
However, a number of well-known people, especially my former colleagues at The Wall Street Journal editorial page, the late Robert Bartley (a genuinely great guy) and Jude Wanniski, began in the mid-1970s to popularize the notion that Smoot-Hawley and not monetary policy mistakes was the real cause of the Great Depression.
You are a Libertarian and not a Classic Conservative.
That’s not answering the question. That is a dodge boy.
McCain, you have already cashed their check and there are no more coming. I have to admire the fact that you stay bought.
So you are telling us you trust this DC establishment???
I hope you’ve been paying attention to the last 30 to 50 years with the Uniparty and all the corruption and corporate cronyism. Oh and don’t forget it was this corrupt establishment that tried everything to destroy the people’s candidate.
These are the same corrupt people that constructed this trade deal. While it may or may not be a good deal, I trust Trump, the people of FR, and the American people well over the corrupt DC establishment that spawned this deal.
CGato
Who cares what McAnus says?
Tell the night staff to up his dose.
Your historical knowledge is flawed or incomplete. The House voted to raise tariffs in May 1929. It became clear that the tariff increases would pass the Senate in September 1929 and major trading partners threatened retaliation. When markets recognized what would happen, the stock market crashed. The business section of newspapers at the time would have articles on Smoot-Hawley working its way through the Senate and the Stock Market Crash of 1929 on the same page. Smoot-Hawley eventually became law in 1930, and along with protectionist policies around the globe, sank the country into the Depression.
Those who fail to learn from history are doomed to repeat it.
Of course, in today's situation, Trump is not raising taxes. Rather, he is opposing a tax cut. So instead of reducing economic activity, we just won't see the economic growth we otherwise would have without Trump.
I'm telling you I trust lower taxes and smaller government.
I don't even know what you mean be "distributed corruption". My position is that higher taxes and industry preferences increase the opportunities for graft. Increased opportunities for graft increase corruption.
Anyone who is truly pro-American and supports the Constitution and national sovereignty certainly can't advocate for passing a treaty under watered-down auspices.
The fact is, the TPP could never be passed if it had to be approved as a treaty, so for its proponents to attempt to repackage it as something that it's not raises a major red flag right from the get go.
Furthermore, the record has demonstrated that such so-called "free-trade" agreements are invariably unbalanced and unfair with respect to the interests of the United States. For instance, US trade barriers to other countries are routinely lowered at an accelerated rate, while barriers to US trade are almost always reduced much more slowly, and/or to a lesser degree.
One cannot be dogmatically wedded to "lower taxes" if there are other aspects of a treaty which have a negative impact that counterbalances any tax benefits.
It seems to me like an agreement to "lower taxes" between trading counties could be accomplished in much less space than the byzantine 5,600+ pages which define the TPP.
So, yeah, lower taxes is great, as long as the country isn't getting screwed over by all the other provisions which have nothing to do with "lower taxes".
The TPP is a leviathan treaty which can't be passed under traditional Constitutional strictures, but instead (as always) must rely on "fast tracking" and such.
No thanks.
Constitutional due process should not be sacrificed on the altar of expediency, even in the name of "lower taxes". If this country is going to sign treaties relating to trade with other countries (and that's what agreements such entities are, by definition), then fine, but international law, good or bad, shouldn't be rammed through using methods which clearly ignore Constitutional safeguards.
Fact: GNP was $77 Billion in 1931. Trade was less than $4 Billion.
These are facts. If you refuse to agree with fact then you are either stupid, a propagandist or delusional. I opt for stupid in your case but being delusional may be the actual case for your break from reality. Seek Medical help. You are mentally unstable and out of touch with reality. Question your sanity.
The corrupt status quo for the last 30 years or so has been nothing about lower taxes or smaller government from which this trade deal spawned. Real lower taxes and smaller government conservatives have good reason to be skeptical.
CGato
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