Your issue isn't as much the economic trade argument is that still, after a year and a half, you don't understand Trump. Everything bombastic that Trump says is to establish a negotiating position. Already both the governments of Mexico and Canada have expressed interest in reopening NAFTA. Why is that? Because they don't want 45% tariffs to the American market. Now Trump and his representatives can be "talked down" from that into something more "reasonable." He wrote Art of the Deal decades ago and if you are going to freak out over nonsense you might read the book first.
I'm not sure there'e any basis to your defense. Trump wasn't aiming his remarks at other countries but at domestic businesses. Look, listen to him speak. Watch his twitter stream. See how he carry's himself. Everything that trump presents screams blithering idiot. I highly doubt that he is just being shrewd when he talks about his trade plans. Seriously, when you hear trump do you think, "man that guy is a brilliant strategist?" If you say yes, you'd be the first that I've heard of.
Heh. In June 2015 I thought "blithering idiot." Now, he's President elect. A man who was not even in politics two years ago has destroyed two long time political dynasties and will be the next President. So it seems obvious that "brilliant strategist" is exactly right.
Trump is riding a wave of populist resentment, he doesn't have to be intelligent. - - - Updated - - - Trump is riding a wave of populist resentment, he doesn't have to be intelligent. - - - Updated - - - Trump is riding a wave of populist resentment, he doesn't have to be intelligent.
Yep, he's a brilliant strategist getting hillary nominated like that. If you think the election results are anything but a statement on the current state of Washington, I've got some beach front property to sell you. Oh, and I have $1 mil that I need to get out of Africa. If you can help me out I can give you 25%. I'll just be needing your bank account number and social security number.
It's pretty obvious you still have no idea why Trump won. I suggest you read Scott Adams blog. He was one of the few who called the election correctly and explained why.
I doubt it. They can only sell at prices the market will bear. They already do that. They can't raise prices beyond what the market will bear. When they do that, they're going to lose sales. Look at Nike, for example. They manufacture their shoes overseas for pennies and sell them in the U.S. for as much as they possibly can, reaping gigantic profits. If their shoes were subject to a tariff, they would have a very hard time trying to pass that on to the consumer, because the consumer would stop buying them at some point. More likely, Nike would have to accept smaller profits in order to stay competitive. Same with Ford and their small car manufacturing that they're moving to Mexico. A tariff on their small cars, if passed on to the consumer, would price them out of the market. Keep in mind that Trump's plan is not just punitive tariffs. He is talking about reducing taxes and regulations to make manufacturing possible in our country. Also keep in mind that if Americans are working at good jobs, they're going to have more disposable income. The fact is that the middle class in this country has been shrinking. The two income sections that have grown in the past couple of decades are the upper class and the lower class. We are turning into a society of "haves" and "have nots". This is not healthy, and it contributes to our massive federal debt. One of the truly great things our country has experienced has been a vibrant middle class that is financially independent, and we are losing that gradually. Our society should do what we can to help those people you mentioned in the 10th percentile. But growing the 10th percentile is the wrong direction to take, and that is exactly the direction we're going presently. My two cents ...
I beg to differ on that analysis - but on the analysis of Wealth. Which is what After-tax Income becomes. Aberrantly low upper-income tax-levels on the rich, have increased their Wealth, whilst the lower levels have not done nearly so well Wealth-wise. See here:
