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Thread: Trannies for Trump
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06-02-2018 #221
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Re: Trannies for Trump
It's good to know that you are open-minded and base your views on evidence, not preconceptions. Otherwise I might have thought you ignored my post showing that Democrats achieve better economic results simply because it contradicted your argument that a few Republican nasties are the necessary price for a better economy.
You Trumpeteers seem to forget (or maybe never knew) that every boom ends in a bust, and that the busts happen at least once every decade, so we are due for another. If the current expansion was to continue for another 6 years it would probably be the longest ever in US history.
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06-02-2018 #222
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Re: Trannies for Trump
It's a crazy time to be a conservative.
The Republican President just enacted an anti-free trade policy against allies.
“Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”
-Milton Friedman
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06-02-2018 #223
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Re: Trannies for Trump
Republicans have been doing it for decades, the latest version calling it 'Fair Trade' though the definition of fair seems to be limited to what he thinks it is. If the President and indeed, any other politician truly believed in free trade, all deals, domestic or international would be done by companies and entrepreneurs without the interference of the state, other than the parties involved abiding by the law.
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06-02-2018 #224
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Re: Trannies for Trump
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06-02-2018 #225
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06-02-2018 #226
Re: Trannies for Trump
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06-02-2018 #227
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06-02-2018 #228
Re: Trannies for Trump
"Tariffs on our allies? But...but...but our allies help us to...you know...stuff!!"
Yes, tariffs on our allies, because...wait for it...business.
Canada is OUTRAGED that they are actually going to have to pay in order to sit comfortably away from the turmoil of the outside world and prosper outrageously under our protection.
Stop the madness, liberals. It's another amazingly intelligent and savvy business decision by our new CEO and Commander-in-Chief. Deal with it.
I challenge any one of you auto-resisters and contrarians to give even one good reason we shouldn't tax the countries we protect, at great expense to ourselves, to the extent we deem fit. Just one.
Have a nice day, fellow Americans, it's glorious to be in the USA right now under President Donald Trump.
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06-02-2018 #229
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Re: Trannies for Trump
I am going to wait to see some pretty good answers but I have a feeling at least one of the reasons will involve the potential for retaliatory tariffs and the cost of propping up industries that are not competitive. Maybe something about the gains of trade not being zero sum and economic prosperity not being entirely reducible to the trade balance. Further we don't live in a zero sum world generally and so taking punitive actions against countries because we "protect" them may hurt them economically but doesn't help us. We typically haven't treated alliances like extortion opportunities but it is a new era.
Trump is not the financial success story he makes himself out to be. His investments have neither been as bad as his worst detractors say nor anywhere near spectacular. The man inherited a large estate, had access to loans other people do not, and using tons of leverage made average rates of return over decades. Actually successful investors like Warren Buffett think he's a blustering buffoon. He deserves credit for being able to con so many people, which is a skill that requires a certain amount of audacity to master and a complete deficit of integrity.
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06-02-2018 #230
Re: Trannies for Trump
I see, so it's not a tariff, it's "extortion." It's not smart business, it's "punitive." Hyperbole much, Bronco?
But Trump is indeed A financial success story, whether he blows it out of proportion or not. Whatever shady dealings, bankruptcies, etc., he was involved in, the end result was, Donald Trump is a billionaire, and he's not in prison. In fact, to my knowledge, he has never even been charged with any kind of financial crime. So he played by the rules and made himself wealthy, or wealthier as may be the case.
If you're longing for integrity in your public officials, Bronco, you're on the wrong planet. Doesn't work that way. The veneer of integrity is the best you're going to get. You think Obama doesn't have skeletons in his closet? Bad bet.
You're right about one thing. He definitely deserves credit for achieving results, by whatever means necessary. The guy has been a blatant liar for so long that I doubt he even recognizes the difference in the truth and deceit anymore. But he does recognize that saying what needs to be said, and doing what needs to be done to achieve the best end result - for himself, the USA, and no one else - is the path to 4 more years.
I hate to fall back on an old cliche, but it applies - money talks and bullshit walks, Bronco. Results are what count, not "integrity."
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