Member Who Talks (A Lot!)
- Dec 31, 2009
1) No, I'm not reading a Fox News opinion column. I know you'll find some article out there on the Internet that supports what you want to believe. I'll just take your word for it.Maybe you're right. I used to think so. But now, with the caveat of very good suggestions made regarding Trump needs to honestly tell the American people what's going on is a economic war with China, I think now that Trump is actually right. Though if he would come out and in a major statement longer than a ****ing tweet explain exactly what's going on instead of making tweets like a ten year old, it would make me feel better that he knows what he's doing.
This opinion https://www.foxnews.com/opinion/christian-whiton-chinas-xi-looks-increasingly-dazed-and-confused-could-hong-kong-win-this-showdown (gasp it's on Fox news website , so many will automatically discount it, but I judge by the content and logic, not the website it comes from. I may end up wrong, but it's an independent assessment of my own.) argues that the tariffs on China not as large a portion of our economy as many fear. He also disagrees with Paul Krugman's position about the U.S. ability to hurt China and Xi's control. I automatically give credence to anyone who disagrees with Krugman , an economist who had one good insight that won him a Nobel Prize, and now thinks he's a lot smarter than anyone who disagrees with him. Now, he's simply a partisan hack, pretending to be an economist...in my opinion.
Are the tariffs actually hurting the overall American economy.? In some areas of the economy like agriculture and steel pipe, they're hurting a lot. But the overall pain is many orders of magnitude less than a real shooting war, and they seem like they are effective...judging by the economic downturn in China. Will it cause a recession here? Maybe. But it will be more due to perception than reality. The only thing I really fear about tatleast a normal recession is the Democrats coming into power and totally ****ing us up to whee the result will be far worse than a recession. Most recessions really aren't that bad, and all of them historically have had long term beneficial effects, setting the stage for future growth. We're all burned by the "Great Recession though, but even there, where are we now compared to ten years ago? And it doesn't have to be a repeat of the Great Recession if Washington doesn't **** up. The underlying fundamentals of the economy are much better now. But I'm straying. My opinion remains the same though that we are in an economic war, and if Trump and a Senate majority can survive the 2020 election, we'll win it. If not, then we have much worse things than a recession ahead of us.
PS. You've known my positions since long before Trump was elected, and maybe you've read some of my posts here. It's really insultingly stupid of you to call me Team Trumper. **** that ****, off that pisses me.
2) Yes, the tariffs are actually hurting the overall American economy
3) No, the decline in macro indicators like manufacturing activity and business investment and the increasing probability of a near-term recession are not "perception"
4) LOL at "Well, most recessions really aren't THAT bad anyway" (we'll probably hear Wilbur Ross or Peter Navarro say this exactly on CNBC at some point)
5) It is disingenuous and a false choice to assert that America's policy options to combat China's mercantilism are either scorched earth unilateral tariffs or a shooting war
6) I have no idea what your positions are. I haven't posted on this board in many months.