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Leadership Through Chaos!!! Trumps Knowledge About Trade is Aweful-Ben Shapiro
Morphos1759 Show this Post
03-04-2018, 04:28 AM #1
Morphos1759 Incognito
03-04-2018, 07:33 AM #2
dclements Member
Posts:215 Threads:25 Joined:Jan 2017
(03-04-2018, 04:28 AM)Morphos1759 Wrote:   wtf2.gif
I don't exactly agree 100% with how Trump is doing and it is quite possible for in the short term this will bite us in the ass, but for the past 30-40 years NOBODY has done hardly ANYTHING to safeguard the US manufacturing and other supporting jobs/sectors from the negative effects of other countries using tactics that put them at a trade war with us. In other words, they have used tactics and their own policies to undermine and often bankrupt US companies all the while US politicians did either nothing or took kickbacks to look the other way. Because of this we have gotten use to importing everything and don't export enough to justify the cost of such imports and therefore we are burying ourselves in debt.

If China allowed our currency to become inflated (instead of just buying all of it they can to keep it out of the market) just long enough for everyone to realize how much money the US treasury has had to keep pumping currency to keep the system afloat, but they don't want that to happen because it would be bad for their exporting businesses.

To be honest I don't know if there is even a long term solution to the problem, but merely keep kicking the can down the road and letting other countries do whatever they want to do while our companies are at the mercy of their countries policies doesn't sound like a good plan to me.


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