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> I'm going to push back on the tenuous link between the US being protectionist and the stimulus package. It's not like protectionist policies directly led to t
by onethought 6y ago
> I'm going to push back on the tenuous link between the US being protectionist and the stimulus package. It's not like protectionist policies directly led to the economic problems the US - and a lot of the world - are experiencing thus requiring the stimulus package.
The trade war didn't improve the US economy. COVID actually squeezed the Stockmarket up (as interest rates hit 0 or negative) from stimulus (around the world).
I think you are probably right that it wasn't protectionist policies directly. But the US governments "Me, and Mine" (America First) approach has wilfully ignored good advice, policy and approach that has lead to its current situation.
It wasn't a bungled response to early days... it's consistent bungling from the first day until right this minute. (A pandemic with no generally available vaccine, wide spread infection, and no nationally coordinated mitigation = bungling, whatever excuses you make about US gov structure etc...).
China and US have always had a tumultuous relationship exactly because they don't try to resolve it, they see each other as rivals, and a threat.