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Donald Trump's trade policy will take this nation where it does NOT want to go, according to these experts:

 

http://www.newsmax.com/Finance...95/?dkt_nbr=cf4rk1gt

 

We don't need no Smoot; we don't need no Hawley; and we don't need no steenkin' TRUMP!!

Last edited by Contendahh
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The article is correct about high tariffs, which caused a recession to morph into a depression as similar nations set their own tariffs high and global trade shut down.  (About 18 months after the stock market high bottom in 1929, it regained about 67 percent of its value). 

 

The article is incorrect about a shortage of high tech workers in areas like Silicon valley.  US citizens are being dismissed (sometimes training their replacements) in favor of foreigners, who work for less. There are even ads for which US citizens "need not apply."  All in spite of US laws.  DoJ will not prosecute -- its crony capitalism at its worst.

Yes, protectionism leads to trade wars and trade wars lead to crappy economic times. Where Trump is correct is that with bad trade deals where one side benefits mostly; we get crappy economic times as well. Part of the reason the U.S. economy of the Twenty-First Century has pulled a strong suction are the trade deals of the 1990s.

 

I believe that if the treaties actually promoted free trade and if our leaders weren't so invested in pushing smokestack industries overseas, we would have been seeing 3% GDP growth even with an idiot's pen-'n-phone anti-business regulatory scheme. The Chinese are so invested in employing the masses that efficiency suffers and with efficiency measures and technology many of the factories that left would still be here. Also the Chinese companies that require certain technological expertise that we do best would come here in an actual free market economy. 

Originally Posted by Jack Flash:

What we don't need is more of the lawless white Christian hating w'house

of thugs. Eight yrs. of failure. An out of control spending freak woman

devoid of an ounce of class. Maybe the world will quit laughing their azz

off at America.

____

If you were better known, Jack, the world would soon would realize that it had, in you, the premier object for which to laugh  its ass off!!!   

Originally Posted by Contendahh:
Originally Posted by Jack Flash:

What we don't need is more of the lawless white Christian hating w'house

of thugs. Eight yrs. of failure. An out of control spending freak woman

devoid of an ounce of class. Maybe the world will quit laughing their azz

off at America.

____

If you were better known, Jack, the world would soon would realize that it had, in you, the premier object for which to laugh  its ass off!!!   

Aaawww it's the little rubber/glue boy concondum again, with his half wit

running into his mouth from such a huge nose. What will it be, Kleenex,

tampon, dinner kapkin, you pick.

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