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Cant we agree that shipping of jobs to china was wrong and that trying to correct it is right? On more or less all metrics the economy is doing better lowest pa

Cant we agree that shipping of jobs to china was wrong and that trying to correct it is right? On more or less all metrics the economy is doing better lowest paid salaries are rising faster then managers, people are starting to save again, jobs are coming back. The trade war is necessary to save the US economy from the same faith Europe is about to get if they dont start taking a stance against china.

mikeyouse 7y ago
Sure, If there’s something that can be done to level trade, let’s do that. It’s just unfortunate that many of the same people whose industries were ravaged by outsourcing had found ways to exist in the post outsourced world, and were again ravaged by this new trade war. Maybe that’s a necessary cost but it sure is a cost on the backs of people who’ve already paid a lot. Peter Navarro, who’s directing White House policy in China, was literally hired by Jared Kushner googling for experts who were China critics and finding his ‘Death by China’ book. He is essentially a crank with no academic support and as soon as he was elevated to the national stage, people found substantial fabrications in that book. I have next to zero faith that this crew is the one who is going to right the trade ship.
- ThomPete 7y ago
  What's your base for calling him a crank? He literally predicted the issue with China and got no credit for it. I don't see a single argument in your post.
  - mikeyouse 7y ago
    Aside from his many obvious and damaging fabrications that he has since admitted. The crank reputation is the consensus of just about everyone, left or right, in the international trade world. He doesn't even understand the basics of macro, insisting somehow that reducing imports would increase GDP? Noah Smith: https://www.bloomberg.com/opinion/articles/2016-12-28/trump-s-trade-chief-peter-navarro-makes-a-rookie-mistake https://www.bloomberg.com/opinion/articles/2016-12-28/trump-... Cato: https://www.cato.org/publications/commentary/navarros-trade-views-misguided-dangerous https://www.cato.org/publications/commentary/navarros-trade-... AEI: https://www.aei.org/carpe-diem/donald-trump-and-peter-navarro-the-most-dangerous-man-in-global-economics-are-suffer-from-trade-deficit-disorder/ https://www.aei.org/carpe-diem/donald-trump-and-peter-navarr... Krugman: https://www.nytimes.com/2018/07/07/opinion/how-to-lose-a-trade-war.html https://www.nytimes.com/2018/07/07/opinion/how-to-lose-a-tra... Kevin Williamson: https://www.nationalreview.com/2017/04/peter-navarro-trump-china-adviser-bad-economics/ https://www.nationalreview.com/2017/04/peter-navarro-trump-c... > I don't see a single argument in your post. I'm not really trying to argue about China policy.. just provide some context to the people being impacted by the trade war any my skepticism of this administration's ability to fix anything. We're two years into the trade war, which we all know are "good and easy to win", so hopefully we get some progress soon.
    - ThomPete 7y ago
      So you argument is pointing to someone who disagrees with him? Someone like Krugman who repeatedly have been wrong on almost anything. Why don't you point to something Navaro has been wrong about in the context of this discussion. Despite the trade war, the economy is doing great so it's a little puzzling where you get your certainty about their inability to do this when they've actually proved you wrong.
      - mikeyouse 7y ago
        I did point to something Navarro was wrong about, e.g. his insistence that reducing imports would increase GDP, a mistake that a 1st year econ grad student wouldn't make. But as I've said about 4 times, I'm not trying to argue with you as I'm not an international trade expert, which is why I referred to a bunch of people who are, with my own personal anecdote of this trade war bankrupting a family member's business. Maybe take a less confrontational tone though, it's pretty obnoxious.
        ThomPete 7y ago
        Sorry but you seem to be the one with the strong language calling people cranks. The point was China though and it's ok if you don't feel you are in a position to talk about that but then you don't really have a base for knowing whether they make sense or not.

mikeyouse 7y ago

Sure, If there’s something that can be done to level trade, let’s do that. It’s just unfortunate that many of the same people whose industries were ravaged by outsourcing had found ways to exist in the post outsourced world, and were again ravaged by this new trade war. Maybe that’s a necessary cost but it sure is a cost on the backs of people who’ve already paid a lot. Peter Navarro, who’s directing White House policy in China, was literally hired by Jared Kushner googling for experts who were China critics and finding his ‘Death by China’ book. He is essentially a crank with no academic support and as soon as he was elevated to the national stage, people found substantial fabrications in that book. I have next to zero faith that this crew is the one who is going to right the trade ship.

ThomPete 7y ago
What's your base for calling him a crank? He literally predicted the issue with China and got no credit for it. I don't see a single argument in your post.
- mikeyouse 7y ago
  Aside from his many obvious and damaging fabrications that he has since admitted. The crank reputation is the consensus of just about everyone, left or right, in the international trade world. He doesn't even understand the basics of macro, insisting somehow that reducing imports would increase GDP? Noah Smith: https://www.bloomberg.com/opinion/articles/2016-12-28/trump-s-trade-chief-peter-navarro-makes-a-rookie-mistake https://www.bloomberg.com/opinion/articles/2016-12-28/trump-... Cato: https://www.cato.org/publications/commentary/navarros-trade-views-misguided-dangerous https://www.cato.org/publications/commentary/navarros-trade-... AEI: https://www.aei.org/carpe-diem/donald-trump-and-peter-navarro-the-most-dangerous-man-in-global-economics-are-suffer-from-trade-deficit-disorder/ https://www.aei.org/carpe-diem/donald-trump-and-peter-navarr... Krugman: https://www.nytimes.com/2018/07/07/opinion/how-to-lose-a-trade-war.html https://www.nytimes.com/2018/07/07/opinion/how-to-lose-a-tra... Kevin Williamson: https://www.nationalreview.com/2017/04/peter-navarro-trump-china-adviser-bad-economics/ https://www.nationalreview.com/2017/04/peter-navarro-trump-c... > I don't see a single argument in your post. I'm not really trying to argue about China policy.. just provide some context to the people being impacted by the trade war any my skepticism of this administration's ability to fix anything. We're two years into the trade war, which we all know are "good and easy to win", so hopefully we get some progress soon.
  - ThomPete 7y ago
    So you argument is pointing to someone who disagrees with him? Someone like Krugman who repeatedly have been wrong on almost anything. Why don't you point to something Navaro has been wrong about in the context of this discussion. Despite the trade war, the economy is doing great so it's a little puzzling where you get your certainty about their inability to do this when they've actually proved you wrong.
    - mikeyouse 7y ago
      I did point to something Navarro was wrong about, e.g. his insistence that reducing imports would increase GDP, a mistake that a 1st year econ grad student wouldn't make. But as I've said about 4 times, I'm not trying to argue with you as I'm not an international trade expert, which is why I referred to a bunch of people who are, with my own personal anecdote of this trade war bankrupting a family member's business. Maybe take a less confrontational tone though, it's pretty obnoxious.
      - ThomPete 7y ago
        Sorry but you seem to be the one with the strong language calling people cranks. The point was China though and it's ok if you don't feel you are in a position to talk about that but then you don't really have a base for knowing whether they make sense or not.