protectionist
Diamond Member
- Oct 20, 2013
- 57,099
- 18,347
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After repeated 2016 campaign promises to hit China, Mexico and other economic enemies of the US, with tariffs on their exports to America, President Trump is finally delivering. He has announced 25% tariffs to go on imported steel + 10% on aluminum.
What took so long ? Maybe it was all the work of undoing all the damages of 8 years of the Obama administration + the distractions of the Russian collusion scam. In any case, the decades of economic deterioration brought upon us by 4 presidents >> Bush 41, Clinton, Bush 43, and Obama, is finally ending.
The serious damages to our economy that globalist policy has caused us, can now be reversed. How disturbing it is to hear economic airheads talking like this is a bad thing. Nothing could illustrate their economic ignorance more than this. Just shows you can't assume people know what they're talking about.
First, it should be noted that all the damage we've suffered economically over the past 28 years, has been completely unecessary. Why/how it occured is mysterious. There is no mystery though, that all along we in America have been holding all the cards on the world economic stage. That's because of one primary thing. Our enormous MARKET.
Does China need us ? Of course they do. A huge % of their exports come here. Just walk through Walmart, pick up 100 items, and look at where they came from. China, China, China, China, etc. We have a massive population of people with money to buy things. And what does China have for us ? A huge population of people with pennies in their pockets (even those with full-time jobs).
How absurd for the loud, know-nothings to blabber about a trade war. EARTH TO THEM: There has BEEN a trade war going on for 28 years, but all the warring has been done against the US, with the US doing nothing to strike back. Until now. And we hold the higher ground. The Europeans, Chinese, Mexicans, Japanese, South Koreans, Malaysians, who need our market, will not get it scott free, any more.
US companies who were forced out of America, by globalist policies of tariff-free imports, from countries with a much lower corporate tax, lower labor costs, no wage & hour laws, and health safety, and environmental regualtions, no unions, will no longer be undercut, and unable to exist in the US. Many, if not all, will return to the US.
The benefits to America by us finally ending the role of being the doormat for the rest of the world, go beyond manufacturing companies. The insane globalism of the past 4 presidents (and it would have been 5 with Hillary Clinton) has also harmed our national security. Did you think imported oil was our only sticking point ? Former South Carolina Senator Fritz Hollings (called by Pat Buchanan >> "the economic patriot of the Senate for 4 decades") wrote : >>
"The defense indusry has been off-shored. We had to wait months to get flat panels from Japan before we launched Desert Storm. Boeing can't build a fighter plane except for the parts from India. Sikorsky can't build a helicopter except for the tail motor from Turkey. Today, we cant go to war except for the favor of a foreign country."
And the economic patriot of Cable TV News for 2 decades, Lou Dobbs, has said: "Over 2/3 of "our" ports aren't ours. They're foreign owned." But the days of almost 3 decades of Bush-Clinton-Bush-Obama, enacting and supporting NAFTA, WTO, abolishing tariffs, and granting China unrestricted access to the US market, are coming to an abrupt end. America is being made great again.
What took so long ? Maybe it was all the work of undoing all the damages of 8 years of the Obama administration + the distractions of the Russian collusion scam. In any case, the decades of economic deterioration brought upon us by 4 presidents >> Bush 41, Clinton, Bush 43, and Obama, is finally ending.
The serious damages to our economy that globalist policy has caused us, can now be reversed. How disturbing it is to hear economic airheads talking like this is a bad thing. Nothing could illustrate their economic ignorance more than this. Just shows you can't assume people know what they're talking about.
First, it should be noted that all the damage we've suffered economically over the past 28 years, has been completely unecessary. Why/how it occured is mysterious. There is no mystery though, that all along we in America have been holding all the cards on the world economic stage. That's because of one primary thing. Our enormous MARKET.
Does China need us ? Of course they do. A huge % of their exports come here. Just walk through Walmart, pick up 100 items, and look at where they came from. China, China, China, China, etc. We have a massive population of people with money to buy things. And what does China have for us ? A huge population of people with pennies in their pockets (even those with full-time jobs).
How absurd for the loud, know-nothings to blabber about a trade war. EARTH TO THEM: There has BEEN a trade war going on for 28 years, but all the warring has been done against the US, with the US doing nothing to strike back. Until now. And we hold the higher ground. The Europeans, Chinese, Mexicans, Japanese, South Koreans, Malaysians, who need our market, will not get it scott free, any more.
US companies who were forced out of America, by globalist policies of tariff-free imports, from countries with a much lower corporate tax, lower labor costs, no wage & hour laws, and health safety, and environmental regualtions, no unions, will no longer be undercut, and unable to exist in the US. Many, if not all, will return to the US.
The benefits to America by us finally ending the role of being the doormat for the rest of the world, go beyond manufacturing companies. The insane globalism of the past 4 presidents (and it would have been 5 with Hillary Clinton) has also harmed our national security. Did you think imported oil was our only sticking point ? Former South Carolina Senator Fritz Hollings (called by Pat Buchanan >> "the economic patriot of the Senate for 4 decades") wrote : >>
"The defense indusry has been off-shored. We had to wait months to get flat panels from Japan before we launched Desert Storm. Boeing can't build a fighter plane except for the parts from India. Sikorsky can't build a helicopter except for the tail motor from Turkey. Today, we cant go to war except for the favor of a foreign country."
And the economic patriot of Cable TV News for 2 decades, Lou Dobbs, has said: "Over 2/3 of "our" ports aren't ours. They're foreign owned." But the days of almost 3 decades of Bush-Clinton-Bush-Obama, enacting and supporting NAFTA, WTO, abolishing tariffs, and granting China unrestricted access to the US market, are coming to an abrupt end. America is being made great again.