The Revolutionary Act ^ | 05/20/19
Posted on 5/20/2019, 3:00:31 PM by Liberty7732
To listen to media pundits, President Trump has created the trade-war crises with China. They say he is economically illiterate. Or he’s a dolt. Or he’s a xenophobe. Or a jingoist. And his impetuous actions are “roiling” markets and making businesses nervous and could tank the economy.
It’s all Trump’s fault. This is not just wrong, it is 180 degrees wrong and demonstrably so. In fact, Trump is the only American leader actually trying to right a substantial wrong.
The truth is that the China problem has been ignored or avoided by multiple presidents and Congresses from both parties, and certainly from the media and D.C. establishment, as far back as the late 1980s, but overtly since China’s entrance into the World Trade Organization. And it has always been a rightable wrong by United States leaders with some backbone and intestinal fortitude. So it has not happened.
Here’s what China has been doing.
The United States and many allies thought when China joined the WTO in 2001, the country would open its economy for more full trade. Until then, it had been utterly closed off to foreign companies even while it market-ized its formerly socialist economy. That’s actually part of the deal of being in the WTO — member nations are supposed to abide by free market trading principles to some extent. There was also the thinking that perhaps the Chinese Communist Party would allow more political and religious freedom as the country became more enlightened through trade relationships with the world’s industrialized democracies.
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Great men are often accused by illiterates of being illiterate .....Trump is the first president to truly care about America since Reagan!
Edited:
An OP should be 3-4 paragraphs, link and comment. This one is way too long.
The Purge
Posted on 5/20/2019, 3:00:31 PM by Liberty7732
To listen to media pundits, President Trump has created the trade-war crises with China. They say he is economically illiterate. Or he’s a dolt. Or he’s a xenophobe. Or a jingoist. And his impetuous actions are “roiling” markets and making businesses nervous and could tank the economy.
It’s all Trump’s fault. This is not just wrong, it is 180 degrees wrong and demonstrably so. In fact, Trump is the only American leader actually trying to right a substantial wrong.
The truth is that the China problem has been ignored or avoided by multiple presidents and Congresses from both parties, and certainly from the media and D.C. establishment, as far back as the late 1980s, but overtly since China’s entrance into the World Trade Organization. And it has always been a rightable wrong by United States leaders with some backbone and intestinal fortitude. So it has not happened.
Here’s what China has been doing.
The United States and many allies thought when China joined the WTO in 2001, the country would open its economy for more full trade. Until then, it had been utterly closed off to foreign companies even while it market-ized its formerly socialist economy. That’s actually part of the deal of being in the WTO — member nations are supposed to abide by free market trading principles to some extent. There was also the thinking that perhaps the Chinese Communist Party would allow more political and religious freedom as the country became more enlightened through trade relationships with the world’s industrialized democracies.
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Great men are often accused by illiterates of being illiterate .....Trump is the first president to truly care about America since Reagan!
Edited:
An OP should be 3-4 paragraphs, link and comment. This one is way too long.
- Copyright. Link Each "Copy & Paste" to It's Source. Only paste a small to medium section of the material.
The Purge
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