Here we go again. President Trump has slapped the paper tiger, Communist China, with another $200 billion in tariffs. Which means that the mainstream media and even Fox News cannot find a single analyst who understands trade. All of the usual suspects — neocons, free traders, libertarians and money-ignorant Republicans and Democrats — are wailing that the sky is going to fall because of Trump’s “trade war” with China.
Forget what all of these dopes are saying, because they’re the same people who have been shipping American jobs overseas for three decades and telling us how great that is for America’s economy. They don’t have a clue.
Look at the American economy right now and ask yourself what caused this. Was it the Trump tax cuts? Trump deported a few illegal aliens, opening up unskilled jobs at meat packing plants — maybe that was it? No and no. The huge factors driving the economy are the tariffs and deregulation. Most of the economic “experts” who belong to the free trade cult can’t even fathom that protecting American jobs through tariffs is actually good for America. President Trump gets it, though.
Take a close look at what has happened every single time he has threatened or imposed tariffs. America gets a better deal, more jobs come home and so on.
Check out the video below for a clueless analyst — a former Reagan economist, no less — who didn’t learn anything from his years watching President Reagan’s trade protectionism grow the economy. These people are clueless, but it’s fun to watch their passion as they try to explain how protecting American workers is bad for America because FREE TRADE FREE TRADE CHINA AAAAGH!
