Trump's Economic Plan

[jbird4049]

Depends on your objective. Look at the global scope.

If your objective is simply to keep the population here employed, then yeah, a tariff will do that. However, it will also create massive price inflation, as I mentioned. You'll move a lot of factories back here, once the tariffs are high enough, but those workers will be working much harder to afford the goods produced. That's more welfare, and miserable drones.

If your objective is to create prosperity, then you need to remove the obstructions to small business formation, and stop subsidizing the megacorps.

We've effectively moved beyond mercantilism, and embraced global trade. We don't need to make everything here, because we can buy it from elsewhere for less than our own workers require in order to be 'middle-class'.

The real issue is the insane disparity in currency values between us and our chief manufacturer - China. Their people are fine with making $3/hr because that buys a hell of a lot there. Our people can't even live on less than $15/hr, so it makes no sense to manufacture things here.

Meanwhile, the banksters just laugh and keep trading from their McMansions, while the rest of us are squabbling over the crumbs.

Isn't the Chinese insistence on undervaluing they Yuan a kind of tariff? If they insist on doing that, than tariffs are the necessary answer, much as it is dangerous. Just as with climate change, we are losing easy options, and there will be pain.

However you define the causes, the system has hollowed out the United States' economy at worse, or created economic dead zones throughout the country at best. I'm not worried about the Chinese, and American, elites, and their leadership. I am worried about the rest of us. Something has to be done Now for if we are not looking at revolution, or civil war, than at least unrest that surpassed the 60s.

It's like a tariff, but far more effective. The US dollar is a victim of its own success as the Reserve Currency.
Since we abolished the Gold Standard in 1971, and everybody else's currency is pinned to ours, currency has no inherent value. This is the greatest danger of all. Effectively, we can't devalue our dollar, even though we're trying like hell. Meanwhile, the Yuan is the only major currency not pegged to the mighty Dollar, and they're bucking the system. Their central bank simply declares whatever they feel like valuing it at.

So, we can't afford to manufacture our crap here, and keep the high corporate profits that we're used to. Of course, our corporate masters will never lower prices to match, so we'll end up paying up to whatever-it-costs for an American to make plastic toys, or our shit will get made somewhere else in the third-world. There's a lot of extra labor in south america, africa, and india that would just love to put shit together for us. It's a whack-a-mole game that we won't win.

The purely objectivist solution would be a small war with China, to destroy their manufacturing/overthrow their government/force them into debt. It would be impossible to sell to the public, and could well end the world in the process, so there's that.

The only - and I do mean only - solution is for Americans to employ each other on small scale, and damn the megacorps. That simply won't be allowed by Those Who Run Our Congress, and the 1%, so revolution it is. It's the inevitable end of a long process of corporate pillaging and corruption, and it will be a hard lesson for the world. It may not be the End of Capitalism, but it will certainly give it a black eye.

Grow some food. Set up rain barrels. Teach your kids to do the same.

There is also the fact that ever fewer Americans are able to buy even plastic crap. If the idiots running the country would do some things like massive infrastructure building, or serious investing in research, it would be a start. It took fifty years to dig this pit, so getting out will take time. I do not think most Americans would be mad enough to start a war if only there was some gradual improvement. I agree that our beloved elites are too blinkered to see this. That and the fact that aside from Big Finance, the only growth seems to be in the security state. All that military they have built up for the 2+ wars will be useful for them to maintain control of us.

[SuburbanFarmer]

Isn't the Chinese insistence on undervaluing they Yuan a kind of tariff? If they insist on doing that, than tariffs are the necessary answer, much as it is dangerous. Just as with climate change, we are losing easy options, and there will be pain.

However you define the causes, the system has hollowed out the United States' economy at worse, or created economic dead zones throughout the country at best. I'm not worried about the Chinese, and American, elites, and their leadership. I am worried about the rest of us. Something has to be done Now for if we are not looking at revolution, or civil war, than at least unrest that surpassed the 60s.

It's like a tariff, but far more effective. The US dollar is a victim of its own success as the Reserve Currency.
Since we abolished the Gold Standard in 1971, and everybody else's currency is pinned to ours, currency has no inherent value. This is the greatest danger of all. Effectively, we can't devalue our dollar, even though we're trying like hell. Meanwhile, the Yuan is the only major currency not pegged to the mighty Dollar, and they're bucking the system. Their central bank simply declares whatever they feel like valuing it at.

So, we can't afford to manufacture our crap here, and keep the high corporate profits that we're used to. Of course, our corporate masters will never lower prices to match, so we'll end up paying up to whatever-it-costs for an American to make plastic toys, or our shit will get made somewhere else in the third-world. There's a lot of extra labor in south america, africa, and india that would just love to put shit together for us. It's a whack-a-mole game that we won't win.

The purely objectivist solution would be a small war with China, to destroy their manufacturing/overthrow their government/force them into debt. It would be impossible to sell to the public, and could well end the world in the process, so there's that.

The only - and I do mean only - solution is for Americans to employ each other on small scale, and damn the megacorps. That simply won't be allowed by Those Who Run Our Congress, and the 1%, so revolution it is. It's the inevitable end of a long process of corporate pillaging and corruption, and it will be a hard lesson for the world. It may not be the End of Capitalism, but it will certainly give it a black eye.

Grow some food. Set up rain barrels. Teach your kids to do the same.

There is also the fact that ever fewer Americans are able to buy even plastic crap. If the idiots running the country would do some things like massive infrastructure building, or serious investing in research, it would be a start. It took fifty years to dig this pit, so getting out will take time. I do not think most Americans would be mad enough to start a war if only there was some gradual improvement. I agree that our beloved elites are too blinkered to see this. That and the fact that aside from Big Finance, the only growth seems to be in the security state. All that military they have built up for the 2+ wars will be useful for them to maintain control of us.

I could not agree more.

Unfortunately, only the "sexy dumb" projects ever seen to get off the ground. Such is rule by the masses I guess.

[Speaker to Animals]

LMFAO

A photo published on the Politico website shows House Minority Leader Nancy Pelosi (D-Calif) meeting with Russian Ambassador Sergey Kislyak in 2010 — a direct contradiction to her telling reporters at the website she had not met with the diplomat.
After tweeting on Friday morning that Senate Minority Leader Chuck Schumer (D-N.Y.) should be investigated for meeting with Russian President Vladimir Putin in 2003, President Donald Trump tweeted that a second investigation into Pelosi’s past should be launched.

I hereby demand a second investigation, after Schumer, of Pelosi for her close ties to Russia, and lying about it. https://t.co/qCDljfF3wN

— Donald J. Trump (@realDonaldTrump) March 3, 2017

http://www.breitbart.com/big-government ... mbassador/




How fucking retarded do people have to be? They all meet with diplomats. It's their fucking job!

[Okeefenokee]

Pelosi hacked the erection.

[jbird4049]

What?

LMFAO

A photo published on the Politico website shows House Minority Leader Nancy Pelosi (D-Calif) meeting with Russian Ambassador Sergey Kislyak in 2010 — a direct contradiction to her telling reporters at the website she had not met with the diplomat.
After tweeting on Friday morning that Senate Minority Leader Chuck Schumer (D-N.Y.) should be investigated for meeting with Russian President Vladimir Putin in 2003, President Donald Trump tweeted that a second investigation into Pelosi’s past should be launched.

I hereby demand a second investigation, after Schumer, of Pelosi for her close ties to Russia, and lying about it. https://t.co/qCDljfF3wN

— Donald J. Trump (@realDonaldTrump) March 3, 2017

http://www.breitbart.com/big-government ... mbassador/




How fucking retarded do people have to be? They all meet with diplomats. It's their fucking job!

[jbird4049]

Pelosi hacked the erection.

Hardy har har...

[apeman]

Read this interesting note:

As I have written recently, it’s not difficult to argue that the single greatest force of disinflation we have seen over the past 35 years is the rise of globalization. Companies have greatly reduced their costs by producing overseas. To the extent that this long-term trend is now reversing, so too will its disinflationary impacts.

[SuburbanFarmer]

Read this interesting note:

As I have written recently, it’s not difficult to argue that the single greatest force of disinflation we have seen over the past 35 years is the rise of globalization. Companies have greatly reduced their costs by producing overseas. To the extent that this long-term trend is now reversing, so too will its disinflationary impacts.

Who wrote that?

I haven't really thought about it that way.

[apeman]

Read this interesting note:

As I have written recently, it’s not difficult to argue that the single greatest force of disinflation we have seen over the past 35 years is the rise of globalization. Companies have greatly reduced their costs by producing overseas. To the extent that this long-term trend is now reversing, so too will its disinflationary impacts.

Who wrote that?

I haven't really thought about it that way.

can't remember, I think it was one of the big banks.

really interesting way of thinking about it

[SuburbanFarmer]

Read this interesting note:

Who wrote that?

I haven't really thought about it that way.

can't remember, I think it was one of the big banks.

really interesting way of thinking about it

Well now, that just cast a pretty dark shadow over it. I want to see at least an outline of how 'globalism is deflationary'.