gaconservative74 wrote:
Ok genius, I will answer your question. The thing about tariffs and a trade war is that both sides hurt from it. Just like a physical war. Sometimes it’s better to come to terms other than total surrender. I realize you can’t appreciate anything that trump is trying to do because all you can do is h**e. The tariffs are detrimental to the US, but sometimes you got to Hirt a little to make things better long term.
Here is the resounding fact that I think everyone is aware of... We have a massive trade deficit with China that has extended over several decades and this issue has been highly exposed and it's been linked to our decline in manufacturing, right down to jobs. This makes it a great flash point for a populist like Trump.
So here's what Trump claims - that the trade deficit is the result of unfair trade deals and that he aims to change that. Well first of all, it's questionable that restrictions on trade have much to do with the deficit. In general, Chinese producers have the ability to deliver products to market at a lower price than American producers can, so there's a good argument that says consumer choice has far more to do with it than regulation. Secondly, because China has so much leverage on the trade issue, any renegotiation of the trade deals is going to be very difficult if not impossible.
These two factors may explain why previous presidents stayed so quiet on the matter. Not that they weren't also looking to change the situation but knowing the challenges it just doesn't make sense to hang your e******n chances on it.
But this is where Trump is different. He decided to make this a highly publicized issue, which leaves a lot of people scratching their heads. Why would he make such an outrageous claim?
Well, he could just be r****ded... No? OK, let's give him the benefit of the doubt here. Let's just say for argument's sake that he isn't r****ded... So, how then do we explain why a president would promise something that he has so little power to deliver?
Now, here's the part where people are going to roll their eyes but bear with me for a moment... If you study populism (especially f*****t populism) you will notice that one of the prevailing characteristics is the use of symbolic issues. In other words, tapping into the issues that people are emotional about and promising to fix them even if you can't. If the emotions people have about the issue exceeds their understanding of the issue, it will be very easy to blame failure on others, in the meantime, you get a boost from v**ers who think you really are going to fix it.
It's basically a cheap and dirty way to win popularity among cruder people.
Now, IF this is what Trump is doing, it is probably the only viable reason for suggesting he will fix the trade deficit with China. So it's basically a show and the second resounding fact that I think everyone can agree on is that Trump loves a show.
Now for these tariffs... The stated idea is that the tariffs will hurt the Chinese and give the U.S. some leverage on renegotiating trade. The fact is the Chinese aren't going to budge because they really don't have to. They know more about the U.S. economy than most Americans do. Most Americans don't realize how much our economy depends on Chinese investments. This is why we haven't interfered with Chinese agressions in Taiwan or in Tibet.
But does that matter if this is a symbolic issue?
No, it doesn't. What matters is that Trump actually takes action, any action - it doesn't matter if it works or not because trade is so complex it will be easy for someone like Trump to just say it's working... Or if the failure is obvious enough, it will be just as easy to blame the Democrats or anything else for that matter.
So cut back to the real impact, or at least what facts we can be sure of.
1. So far, renegotiation has not happened.
2. American consumers are paying more for products imported from China AND for American products with Chinese components through Trump's added tax.
3. Chinese have reciprocated so now American producers such as soybean farmers are losing their advantage on the Chinese market.
The symbolic issue is currently staying afloat on the idea that the change won't happen overnight, which is a completely reasonable assessment. The question is, how much negative impact are Americans willing to sustain before they start looking into the REAL issue where they will probably realize they've been had.
Regarding your comment about hating Trump...
I remember when people on the right h**ed Obama and refused to understand anything he was trying to do, so I get it. But sometimes people h**e a politician because they DO understand. When Trump announced his presidency I was indifferent. I didn't like him but I didn't h**e him. Since then I have seen enough of what he has actually done to develop a true hatred toward him. So yes, I h**e Trump, the first president in my 58 years that I have ever felt that way about.