The Wall Street Journal has consistently criticized Trump’s economic policies, particularly his ongoing “trade war” with Canada, over the past several weeks. And certainly, the tensions are regrettable. Trump’s trolling of the insufferable Justin Trudeau, with talk of Canada becoming the “51st state,” perhaps only galvanized the Canadian left. It unfortunately may ensure that the only real hope for a Canadian return to normality, the election of Pierre Poilievre, may be lost.
That said, does the WSJ truly believe that the current $1.7 trillion budget deficit stacked on top of $36 trillion in national debt and an annual $1 trillion trade deficit are sustainable in any fashion? Do they believe any Republican president would have survived the midterms if he cut or “reformed” Social Security? If so, consult the fate of the recommendations of left-wing Barack Obama’s 2010 Simpson-Bowles commission (“The National Commission on Fiscal Responsibility and Reform”).
DOGE, the effort to demand either symmetrical or no tariffs, closing the border, the rare minerals agreement, etc., are all controversial, even desperate efforts to stave off insolvency.
NAFTA was sold on the promise of trade equilibriums, eventually leading to no tariffs and rough parity. Yet Canada currently runs a $60 billion surplus largely because of its energy sales and selective tariffs on U.S. agriculture and some manufactured goods. That sum might be tolerable from a friend and not worth the acrimony, even with the present massive trade and budget deficits—if it had occurred in isolation.
But it did not. The Canadian surplus is force multiplied by its chronic refusal to spend a measly 2 percent of its GDP on defense. Canada could have easily offered a partnership with the U.S. to explore joint missile defense or shared Arctic Ocean naval patrols with a new fleet of Canadian and American icebreakers.
But it did nothing of the sort.
Worse still, no Canadian leader can offer any defense of their policies, such as: “We believe a $60 billion surplus with our free-trade American partner is justified, and we also believe we are further correct in not spending our promised 2 percent of GDP on defense.” Their veritable retort of “Trump is a monster” is no defense at all.
And there is wider context still. Mexico currently siphons off $63 billion in remittances from the U.S. economy, most of it from illegal aliens. Most of them enjoy some sort of subsidy from the American local, state, and federal governments.
Its trade surplus has ballooned to over $170 billion, largely because of opportunistic partnering with the Chinese to avoid US duties on imported Chinese-produced goods.
No one truly knows the full cost of an open border paid in American blood and treasure to Mexican cartels—70,000 lives and $20 billion annually?
Add up our northern and southern neighbors’ various surpluses and one could argue that $300 billion flows out of the U.S. to our so-called best friends and supposed partners in a so-called free-trade agreement supposedly designed to promote “free,” if not truly “fair,” trade.
Did any of the appeasements from the prior somnolent Biden administration—printing money, open borders, kindred socialist and green programs, USAID reckless generosity, and no concern over massive trade deficits—have any effect on either Canada or Mexico?
Or was Biden’s appeasement interpreted as weakness to be exploited rather than magnanimity to be reciprocated?
The summation, after looking at the situation in Ukraine:
On matters of trade, immigration, and foreign policy, we are witnessing a counter-revolutionary effort to erase the madness of the Biden revolutionary years. Then unnamed and largely unknown radicals, under the veneer of a waxen effigy president, hijacked the country and imposed upon it the most radical and nihilist agenda in the past century.
The current correctives are not easy or pretty. But the alternative to the prior status quo was not the status quo at all, but a Jacobin nihilism that had led only to insolvency, civil strife, the destruction of the southern border, at least two theater-wide wars abroad, and the end of the U.S. as we once knew it.
[BabylonBee] U.S. — A district judge has issued a ruling saying Trump lacked the Constitutional authority to pick up two astronauts who have been stranded at the International Space Station for several months.
SpaceX has been ordered to return the astronauts immediately.
"I will not stand by while Donald Trump abuses his power like a dictator," said Judge Earl Flanders in his ruling. "Trump has no authority to pick up these astronauts, and I can say that because I'm a federal judge, and no one is allowed to argue with me, and everyone has to do what I say."
Eyewitnesses say the judge then donned a Keffiyeh and spray painted a Cybertruck while screaming "Black Lives Matter."
Sources in Washington say Trump plans to brazenly ignore the lawful order and bring the astronauts home anyway. "This is just the kind of wanton lawlessness we should expect from a dictator who is literally Hitler," said one legal analyst.
The SpaceX craft docked at the ISS on Sunday and was preparing for the return journey to Earth when the orders stopped the process short. "Please bring us home, I just want a cheeseburger and a nap in a horizontal bed," said one of the crew.
At publishing time, Trump was polling at 100% approval among the stranded astronaut demographic.
Continued on Page 47
Many a truth, was said in jest.
Has the BB planted an idea that will open future can's of worms?
As it seems the Left, and its appointed puppet judges, will grasp at anything to disrupt or stop MAGA moving forward. Even crashing the US Economy, starting a civil or international conflict to do it.
Maybe it is time to setup a streamline Judaical Review board.
A board that quickly reviews, warns and/or removes Judges and DA's clearly playing politics, instead following their Oath of Office.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
