Article

2018-07-29 Economy

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Posted by g(r)omgoru 2018-07-29 05:15|| || Front Page|| [11132 views ] Top

Posted by Jack Chaiter7913 2018-07-29 06:48|| 2018-07-29 06:48|| Front Page Top

#2 >multilateral free trade is better for everyone in all countries ‐ well, everyone but politicians and the rent-seeking special interest groups

Er nope. Differences in rents make the trades purely just export low wage jobs from the higher rent country. It's certainly not as simple as they claim.

Posted by Bright Pebbles 2018-07-29 06:59|| 2018-07-29 06:59|| Front Page Top

#3 I've always had the position that we throw out the pin-striped ivy league foggy bottom types and gather America's best used car salesmen for treaty and trade negotiations. I think I'm seeing the concept in practice.

Posted by Procopius2k 2018-07-29 07:15|| 2018-07-29 07:15|| Front Page Top

REf #3: I think I've found someone could function in an advisory role.

Posted by Besoeker 2018-07-29 07:19|| 2018-07-29 07:19|| Front Page Top

#5 Beneath Trump’s pompous, know-nothing protectionist stance ‐ which we have all heared in his decades-long talk-show blather

Before you accuse someone else of being a know-nothing, you ought to avoid stoopid language mistakes

Posted by Frank G 2018-07-29 07:21|| 2018-07-29 07:21|| Front Page Top

#6 Capital can move freely. Workers can't. That's why we need protection from predation.

Free traders would happily put us all out of work so they can make a mint importing toxic, easily broken products from slave labor countries.

Posted by Herb McCoy 2018-07-29 09:01|| 2018-07-29 09:01|| Front Page Top

#7 Free Trade is like Workers Paradise. All good talk that ignores basic human behavior.

In theory, America is a free trade zone. In practice not very pure. Tax incentives, special interest closed markets (from milk to booze), contract rigging to favor local providers, all factor into the game. My tribe favored over your tribe. Everyone plays the game.

Posted by Procopius2k 2018-07-29 09:15|| 2018-07-29 09:15|| Front Page Top

#8 try buying health care across State lines

Posted by Frank G 2018-07-29 09:42|| 2018-07-29 09:42|| Front Page Top

#9 Used car salesmen?
Where is Joe Iszuzu when you need him?

Posted by USN, Ret. 2018-07-29 09:47|| 2018-07-29 09:47|| Front Page Top

#10 This morning Instapundit linked to an interesting piece in the Financial Times:

The Chinese are wary of Donald Trump’s creative destruction: The president is the first US leader in decades to challenge China on multiple fronts

He posted a long excerpt, because the article is behind the FT paywall. But dropping the title into the Google search app accesses the thing, for those of us lacking subscriptions.

Posted by trailing wife 2018-07-29 11:28|| 2018-07-29 11:28|| Front Page Top

#11 I think this is right. Trump is using tariffs to negotiate better trade deals. They are not his end goal. The idea of tariffs as economic policy was outdated a century ago.

Posted by Iblis 2018-07-29 13:00|| 2018-07-29 13:00|| Front Page Top

#12 Old tapes and interviews with Trump indicate he has not changed all that much from the 1980-90s except for his change in thought regarding running for office.

Hillary and her handlers wanted Trump to run because they thought he would be easiest to beat.

Posted by JohnQC 2018-07-29 15:22|| 2018-07-29 15:22|| Front Page Top

#13 Tariffs are his tools. If they want to play hardball, he is willing to inflict (and endure) some pain in order to get them to take him seriously. The ivory tower types haven't figured it out that their cocktail party effete mannerisms aren't effective, and sometimes you need a brawler.

Posted by Injun Bucket8891 2018-07-29 23:36|| 2018-07-29 23:36|| Front Page Top

23:36 Injun Bucket8891
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22:15 trailing wife
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22:03 Zhang Fei
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21:02 Procopius2k
19:36 Zenobia Floger6220
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17:54 newc
17:48 g(r)omgoru
17:36 Rob Crawford
17:32 Rob Crawford
17:30 Rob Crawford
17:29 Bright Pebbles
17:21 AlanC
16:44 Anguper Hupomosing9418
16:43 g(r)omgoru
16:42 Anguper Hupomosing9418
16:39 g(r)omgoru
16:03 Skidmark
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