Tuesday, June 05, 2018

Finally, the Death of BushBoehner B.S.!!

PJBuchanan, now completely vindicated by Trump's victory, mentions a couple of facts which the free-trade twiddlers want us to forget.

...Between 1997 and 2017, the EU ran up, at America’s expense, trade surpluses in goods in excess of $2 trillion, while we also picked up the bill for Europe’s defense.

Between 1992 and 2016, China was allowed to run $4 trillion in trade surpluses at our expense, converting herself into the world’s first manufacturing power and denuding America of tens of thousands of factories and millions of manufacturing jobs.

In Trump’s first year, China’s trade surplus with the United States hit $375 billion. From January to March of this year, our trade deficit with China was running at close to the same astronomical rate.
“Trade deficits do not matter,” we hear from the economists.

They might explain that to Ohio, Michigan and Pennsylvania.

And perhaps someone can explain the wisdom of handing 4 percent of our GDP each year to an adversary nation, as U.S. admirals talk tough about confronting that adversary nation over islets and reefs in the South China Sea....

But but but but.......YOUR STUFF IS CHEAP!!!  YOU WANT CHEAP STUFF!!!

Not really.  Jeans that don't fit well, pants-pockets with 10% less capacity, "stuff" which wears out/breaks down in 3 years.....thanks,  You can have that, Brothers Koch.

Country-club/Cloud-People "Republicans" have a good deal of 'splainin' to do, Lucy.

1 comment:

Anonymous said...

Actually, it is not cheap. any savings are not passer to the consumer.