Would Americans elect a protectionist president?

[Agit8r]

Could a protectionist win either party's nomination?

dopey question since Trump is protectionist and most likely to be nominated.

Counting your chickens before they hatch much?

 

[Boss]

everything is supplied by their Communist government.

total illiteracy!!! The Chinese now buy more cars than we do. Do you really think the govt is buying them cars??????????? OMG!!

The only people in China buying cars are the ruling class elite. However, China has over a billion people so that's a lot of elites.

You have no clue what you're talking about.

No, I do know what I am talking about. You've listened to Chinese propaganda, a popular thing with Communist countries who wish to boast of their 'superior' system. I can't think of the guy's name but one of the richest men in the world is from China. However, he is not a working class peasant who worked his way up from a bowl of rice a day. He is part of the ruling elite class who have all the wealth. Conservative estimates have that at around 15% of the population, the rest are in abject poverty where they will remain for the duration of their miserable lives. Now those 1.5 out of 10 are the Chinese people you're shown as examples of Chinese success but they've had a little help.

The only Chinese people buying cars are those who are fortunate enough to be born into the ruling class. The overwhelming majority of people in China will never even get to ride in a car.

 

[Boss]

I would rather pay $50 for a keyboard than $15 if it means 1,200 people in the US keep their jobs making keyboards..

how stupid, if the objective was to keep jobs then each state would make interstate trade illegal!!. the objective is to keep only the jobs the produce world class products so your country stays world class. Over your head?

Why would you think that or even draw such a comparison? I know of NO capitalist who has the objective of ensuring the country remains world class. I don't understand how you think state isolationism would meet an objective of keeping jobs... or supply sufficient needs to the consumers of the state. We're not discussing trade between states who are all operating under the same federal laws and regulations on capitalism. If China were a state, you may have some kind of fucked up point... but that's not the case.

 

[eagle1462010]

In economics, protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services.

I personally don't have a problem with free trade. But free trade must also be fair trade or it kills American jobs and keeps wages low. Do you want to kill jobs and keep wages low so you can buy cheap Chinese shit? If so, then keep on doing what we're doing! If not, you have to start looking at ways to force China to trade fairly and one of those tools is the threat of tariffs on their imports. That is not protectionism, it's utilizing a tool in the toolbox to get what you want. Fair trade.

Now you may ask, why can't we just let this go and embrace free trade and be happy and everyone get along? Well... it's because we are a free market capitalist system and we're trading with partners who are not free market capitalists. The Chinese are Communists, they don't have Constitutional rights, collective bargaining, labor unions, minimum wage mandates, employer-provided health care, family leave, child labor laws, etc., etc., etc. We have those things and our free market capitalists have to factor those costs into everything they do.

So, we are already trading with one hand tied behind our back with a Communist country. ADD to that, the fact that China devalues it's currency so that our trade dollars are no longer equivalent and we're getting royally screwed. They don't care, they're Commies... they can throw a yuan and a bowl of rice to their peasants and keep on trucking. We can't do that and we can't compete fairly. We have to restore some basic common sense to our trade deals with China and with others. Unless you just LIKE to watch jobs disappear and wages stagnate.

 

[eagle1462010]

'Critical Alert': Jeff Sessions Warns America Against Potentially Disastrous Obama Trade Deal

“TPA eliminates Congress’ ability to amend or debate trade implementing legislation and guarantees an up-or-down vote on a far-reaching international agreement before that agreement has received any public review,” Sessions writes. “Not only will Congress have given up the 67-vote threshold for a treaty and the 60-vote threshold for important legislation, but will have even given up the opportunity for amendment and the committee review process that both ensure member participation. Crucially, this applies not only to the Trans-Pacific Partnership (TPP) but all international trade agreements during the life of the TPA.

The second major point in the Sessions document details how passing TPA through Congress would result in “increased trade deficits.”
“Barclays estimates that during the first quarter of this year, the overall U.S. trade deficit will reduce economic growth by .2 percent,” Sessions writes. “History suggests that trade deals set into motion under the 6-year life of TPA could exacerbate our trade imbalance, acting as an impediment to both GDP and wage growth. Labor economist Clyde Prestowitz attributes 60 percent of the U.S.’ 5.7 million manufacturing jobs lost over the last decade to import-driven trade imbalances.”
Sessions also cites former AT&T CEO Leo Hindery, Jr., who wrote in a recent column for Reuters that since the North American Free Trade Agreement (NAFTA) and South Korea free trade agreements were passed and implemented, “U.S. trade deficits, which drag down economic growth, have soared more than 430 percent with our free-trade partners.”

 

[eagle1462010]

Sen. Sessions accuses China of currency manipulation. What does that mean?

"The issue with China is that its currency exchange rate is not free floating, but effectively pegged against the U.S. dollar, which means it does not change with respect to the dollar," Rauterkus explains. "Given that the U.S. is China's largest trade partner, that makes perfect sense for them, because it eliminates exchange rate risk."

"A stronger currency would make Chinese exports to the U.S. more expensive and U.S. imports to China cheaper," he adds. "Since China relies on the U.S. market they are reluctant to appreciate the value of their currency."

Will anything come of the Senate's latest move? Because the countries rely on each other so intensely -- China holds more than $1 trillion worth of U.S. debt -- Rauterkus warns that there might not be much change.

 

[Unkotare]

everything is supplied by their Communist government.

total illiteracy!!! The Chinese now buy more cars than we do. Do you really think the govt is buying them cars??????????? OMG!!

The only people in China buying cars are the ruling class elite. However, China has over a billion people so that's a lot of elites.

You have no clue what you're talking about.

No, I do know what I am talking about. You've listened to Chinese propaganda, a popular thing with Communist countries who wish to boast of their 'superior' system. I can't think of the guy's name but one of the richest men in the world is from China. However, he is not a working class peasant who worked his way up from a bowl of rice a day. He is part of the ruling elite class who have all the wealth. Conservative estimates have that at around 15% of the population, the rest are in abject poverty where they will remain for the duration of their miserable lives. Now those 1.5 out of 10 are the Chinese people you're shown as examples of Chinese success but they've had a little help.

The only Chinese people buying cars are those who are fortunate enough to be born into the ruling class. The overwhelming majority of people in China will never even get to ride in a car.

You really have no idea what you are talking about.

 

[eagle1462010]

everything is supplied by their Communist government.

total illiteracy!!! The Chinese now buy more cars than we do. Do you really think the govt is buying them cars??????????? OMG!!

The only people in China buying cars are the ruling class elite. However, China has over a billion people so that's a lot of elites.

You have no clue what you're talking about.

No, I do know what I am talking about. You've listened to Chinese propaganda, a popular thing with Communist countries who wish to boast of their 'superior' system. I can't think of the guy's name but one of the richest men in the world is from China. However, he is not a working class peasant who worked his way up from a bowl of rice a day. He is part of the ruling elite class who have all the wealth. Conservative estimates have that at around 15% of the population, the rest are in abject poverty where they will remain for the duration of their miserable lives. Now those 1.5 out of 10 are the Chinese people you're shown as examples of Chinese success but they've had a little help.

The only Chinese people buying cars are those who are fortunate enough to be born into the ruling class. The overwhelming majority of people in China will never even get to ride in a car.

You really have no idea what you are talking about.

The average Chinese private-sector worker earns about the same as a cleaner in Thailand

According to CNN’s online global wage calculator, which uses data from the International Labor Organization, the average annual salary of a worker in China’s private sector was 28,752 yuan (about $4,755) in 2012, or 38% of the global average. That’s roughly the same as a cleaner in Thailand, according to CNN’s data. (It’s also 4% of the average American CEO’s annual pay and only 0.01% of what the Queen of England makes in a year, in case you were wondering.)

 

[Unkotare]

http://www.economist.com/news/leade...out-extreme-poverty-20-years-world-should-aim


Car ownership reaches record high in China - in 50 seconds - BBC News

 

[Skull Pilot]

I'd vote for an isolationist in a heart beat

 

[AdvancingTime]

This flows into the issue of the controversial Trans-Pacific Partnership (TPP) which brings together 12 nations that account for about 40% of the global economy. This agreement would mark the biggest liberalization of world trade in more than a decade. While all signatories championed the benefits TPP will bring in kick-starting sluggish global growth, much of America's political motivation revolves around the idea it provides a strategic bulwark to China’s growing economic and military power.

Many critics exist because these trade deals over the years have been blamed for environmental problems and exacerbating economic inequality within many developed economies as manufacturing jobs have been outsourced to low wage countries. We should not lose sight of the fact that while free trade is important, fair trade is far more so and should be the main issue. Developing a long-term sustainable economic system that is balanced would contribute to both global cohesion and the world economy. The article below titled, "TPP And Fair Trade" looks deeper into this issue.
http://brucewilds.blogspot.com/2015/10/tpp-and-fair-trade.html
Advancing Time: TPP And Fair Trade

 

[EdwardBaiamonte]

I know of NO capitalist who has the objective of ensuring the country remains world class.

thats because you're too slow to understand trade. No education?? if being world class did not matter we could ban trade with China and no worry about losing , The ABC's are over your head. Sorry to rock your world.

 

[EdwardBaiamonte]

[ If China were a state, you may have some kind of fucked up point... but that's not the case.

Dear, China is a state and so is ohio and both want jobs!! Ohio could ban trade , make their own cars, and thus create 1000's of jobs, 1+1=2 Do you understand??

 

[EdwardBaiamonte]

This flows into the issue of the controversial Trans-Pacific Partnership (TPP) which brings together 12 nations that account for about 40% of the global economy.

actually it includes the USA which accounts for 80%
of TPP trade. Since we have few tarriffs and the others have 1000's that will come down thanks to TPP , it is a no brainer for us .

 

[Unkotare]

 

[Boss]

Not sure why you keep on posting about Chinese auto sales. I've already answered your argument. About 15% of the Chinese population are the ruling class elite. China has a total population of over a billion people. That means, about 150 million Chinese are among the ruling class... they purchased 7.2 million cars in 2006.

There are about 850 million Chinese who will never own a car and probably won't ever even get to ride in a car. They make the equivalent of about a dollar a day and a bowl of rice.

 

[Boss]

Dear, China is a state and so is ohio and both want jobs!! Ohio could ban trade , make their own cars, and thus create 1000's of jobs, 1+1=2 Do you understand??

I understand you're a fucking idiot. China is a country... a Communist country. It's not a state and not part of the United States. Ohio can't ban trade because they are a state in the United States who has a Constitution with a Commerce Clause... so just shut your ignorant pie hole.

 

[Unkotare]

Not sure why you keep on posting about Chinese auto sales. I've already answered your argument. About 15% of the Chinese population are the ruling class elite. China has a total population of over a billion people. That means, about 150 million Chinese are among the ruling class... they purchased 7.2 million cars in 2006.

There are about 850 million Chinese who will never own a car and probably won't ever even get to ride in a car. They make the equivalent of about a dollar a day and a bowl of rice.

You have no idea what you are talking about. Have you ever been to China? Have you ever so much as spoken to a Chinese person?

 

[Militants]

US enemy China have much money like US over 10 trillion Dollar in national products.

 

[Militants]

China commando Armed Forces get down with 300.000 in the Army from 1.700.000 to 1.400.000 how are as manny like professionel Army in US.