3 ms·

0-60 in a split second toward totalitarianism? Care to give an example of that, or just throwing stuff against the wall? I'll give a policy example against the

0-60 in a split second toward totalitarianism? Care to give an example of that, or just throwing stuff against the wall? I'll give a policy example against the average person's interests -- his 20% tarrifs across the board will cause approximately 20% inflation and a trade war that will ruin our export markets just like it did the first time. Trump brags about giving billions to farmers because he had to after his policies decimated their markets.

simple10 2y ago
Agreed on the tariffs. It's a significant concern if all the tariffs get implemented. However, I doubt it will happen due to political opposition from both Republicans and Democrats as well as legal concerns. The US president has limited authority to unilaterally implement tariffs. He would have to claim national security concerns or retaliation to unfair trade practices from other countries. Trump previously imposed tariffs on China due to (well documenented) unfair trade practices. Biden then extended the China tariffs. But Trump would be legally challenged and most certainly lose if he claimed unfair trade practices by every country on earth. Here's a good video explaining the problems with tariffs. They have lots of unpredictable long term outcomes and are hard to remove once implemented. Apparently there's still a chicken and truck tax on trade between US and Europe that dates back to WWII. https://www.youtube.com/watch?v=_-eHOSq3oqI https://www.youtube.com/watch?v=_-eHOSq3oqI
alchemist1e9 2y ago
The comment I replied to has an undertone that the masses don’t know how to evaluate what is in their interests. I can guarantee terms like “failure of democracy” will start being used by democrats if they haven’t been already today. All totalitarianism is horrible and it comes from both right and left sides, however the left is very often the source of it, and the logic to justify that is often much like the comment I was responding too - “for their own good”. Regarding tariffs this is a complex issue and he has said repeatedly that it’s a negotiation tool. The records reflects that in he expanded US overseas market access with heavy handed negotiations. Most countries are much more protectionist than the US. Industrial farming with massive soybean exports to China, who can’t even produce 50% of the calories their population needs domestically, is again a very complicated topic. China is not in good shape and Trump’s first term was a clear inflection point in their trajectory.
- daveguy 2y ago
  > China is not in good shape and Trump’s first term was a clear inflection point in their trajectory. So you believe it had nothing to do with a global pandemic and propping up their real estate markets until they popped?
  - alchemist1e9 2y ago
    No I never said that but Trump’s policies were certainly also a factor.
    - daveguy 2y ago
      I think their own failed fiscal policy and the pandemic had so much more to do with it than anything Trump did it's not even comparable. I guess we will see how he and his policies do over next 4 years.

simple10 2y ago

Agreed on the tariffs. It's a significant concern if all the tariffs get implemented. However, I doubt it will happen due to political opposition from both Republicans and Democrats as well as legal concerns. The US president has limited authority to unilaterally implement tariffs. He would have to claim national security concerns or retaliation to unfair trade practices from other countries. Trump previously imposed tariffs on China due to (well documenented) unfair trade practices. Biden then extended the China tariffs. But Trump would be legally challenged and most certainly lose if he claimed unfair trade practices by every country on earth. Here's a good video explaining the problems with tariffs. They have lots of unpredictable long term outcomes and are hard to remove once implemented. Apparently there's still a chicken and truck tax on trade between US and Europe that dates back to WWII. https://www.youtube.com/watch?v=_-eHOSq3oqI https://www.youtube.com/watch?v=_-eHOSq3oqI

alchemist1e9 2y ago

The comment I replied to has an undertone that the masses don’t know how to evaluate what is in their interests. I can guarantee terms like “failure of democracy” will start being used by democrats if they haven’t been already today. All totalitarianism is horrible and it comes from both right and left sides, however the left is very often the source of it, and the logic to justify that is often much like the comment I was responding too - “for their own good”. Regarding tariffs this is a complex issue and he has said repeatedly that it’s a negotiation tool. The records reflects that in he expanded US overseas market access with heavy handed negotiations. Most countries are much more protectionist than the US. Industrial farming with massive soybean exports to China, who can’t even produce 50% of the calories their population needs domestically, is again a very complicated topic. China is not in good shape and Trump’s first term was a clear inflection point in their trajectory.

daveguy 2y ago
> China is not in good shape and Trump’s first term was a clear inflection point in their trajectory. So you believe it had nothing to do with a global pandemic and propping up their real estate markets until they popped?
- alchemist1e9 2y ago
  No I never said that but Trump’s policies were certainly also a factor.
  - daveguy 2y ago
    I think their own failed fiscal policy and the pandemic had so much more to do with it than anything Trump did it's not even comparable. I guess we will see how he and his policies do over next 4 years.