Trade War

[togor]

Democrats and RINO's are why we have the imbalance now.

Allen-y.

Clinton and the GOP drank the US Chamber of Commerce kool-aid in the 1990s that China was this huge potential market. What they wanted everyone to think is that they meant buyers, customers. What they meant was a labor market, with no environmental or occupational safety rules to speak of, and well understood protocols for bribery.

[lyman]

Allen-y.

Clinton and the GOP drank the US Chamber of Commerce kool-aid in the 1990s that China was this huge potential market. What they wanted everyone to think is that they meant buyers, customers. What they meant was a labor market, with no environmental or occupational safety rules to speak of, and well understood protocols for bribery.

there is some truth to this,

[dryheat]

I'd agree with that too. Not much has changed. Until the Amish win seats I don't hold out much hope.

[Roadkingtrax]

Allen and Boggs showing off their econ skills. In a nutshell, government-planned 1950s economy and standard of living. How conservative is that?

They'll be out of the picture soon enough.

Meaning, back half of their lives, not living with the consequences of the political decisions of today.

[dryheat]

RKT, maybe you want to re phrase that.

[togor]

there is some truth to this,

Trump wants businesses to onshore, and some might do that, but if anyone has been paying attention, they may have noticed that he is not pro-labor in the slightest. Trump brings the government in wholly on the side of business. The subtext is that businesses will want something in exchange for relocating here, specifically the kind of labor and regulatory flexibility that they were enjoying overseas. Trump means to give it to them. So for example the government will put their thumb on the scale against union organizers. Now I'm no big fan of old style unions, but as a buddy once said, companies that get unions deserve them. Boeing is unionized in WA and by all accounts it's a better plant than the non-union one in SC, with better quality output and better worker morale. Doesn't surprise me one bit.

[Greyjoy]

If America stopped buying Chinese goods, who would it hurt in the long haul? 50 years ago we bought nothing from Communist China why the big flap now?
Sam

So true, Japan is just right there and they are arguably better than china and making good. china only has a larger work force than they do but that didn't seem to matter when Japan took over China.