TRUMP IS AN ECONOMIC IGNORAMUS!

[chan] wikileaks
Jun 17 18:50

noreply@blogger.com (Alt Right) Fri, 16 Jun 2017 15:18:00 +0000 <https://3.bp.blogspot.com/-t40QHYimdV8/WUPxwPHkiRI/AAAAAAAACqQ/9WuUIRJoG_0n_X8M3HJc9o2c-DBEVfb0QCLcBGAs/s1600/TrumpTrade.JPG> by */Antonius Aquinas/ <http://alternative-right.blogspot.com/search/label/Antonius%20Aquinas>* Not surprisingly, Donald Trump has followed in the infamous footsteps of his presidential predecessors in the transition from candidate to chief executive. Invariably, every candidate for the presidency makes a whole host of promises, the vast majority of which are horrible and typically only exacerbate the problems they attempt to resolve. Among the proposals, however, there is an occasional bright spot. Yet, once elected the stupid polices are eagerly pursued while the good ones are quickly discarded. What was somewhat unique about Donald Trump was that he was the first candidate in a long while who had a number of refreshing and much needed proposals – border wall, “drain the swamp,” criticism of Ma Yellen and the Fed, rapprochement with Vladimir Putin and Russia, a deescalation of U.S. imperialism. There were bad ones, too, but the good ones were enough to lead him to a smashing win over the Wicked Witch of Chappaqua. Even before being sworn in, however, the president-elect began to downplay his most positive positions and emphasize the worst. At the top of this list, and what Trump has been consistently wrong about since the inception of his political career, and even prior to it, has been “trade.” Trump considers himself an “economic nationalist” in the mold of Patrick Buchanan. Both, however, are simply wrong in this regard demonstrating that they do not have a grasp of the most basic of economic principles. <https://2.bp.blogspot.com/-WMSO9AAN2IY/WUP1AiiWS0I/AAAAAAAACqk/cehTPgVvdvM3bRPKiw_BIyAI-tNZXr-7wCLcBGAs/s1600/Trump%2BMerk.JPG> /"How long do we have to stand here together?"/ The latest Trump tirade on trade was reported during his recent trip to Europe and a meeting with high-ranking officials. Trump is reported to have lashed out at German auto makers <http://www.zerohedge.com/print/596683> who the President accused of being “very bad” because of the “millions of cars that they sell in the U.S.” The Donald bemoaned, “Terrible, we’re going to stop that” and added “I don’t have a problem [with] Germany, I have a problem with German trade.” Such talk makes Trump sound like a fool. What is “bad” about providing American consumers with first-class automobiles that they apparently want in large quantities and are voluntarily willing to pay for? And what of American workers employed with Mercedes Benz, BMW, and Volkswagen? What is so horrible about the jobs and income that is provided by German firms to these workers? Instead of berating German car manufactures, Trump should direct his ire at the immigration policies of psychopathic politicians like Frau Merkel. Candidate Trump was very vocal about this and criticized European leaders for allowing their countries to be turned into multicultural cesspools. The benefits of free trade and the baneful consequences of protectionism have long ago been elucidated by right-thinking economists, while the historical record has shown that lands which engage in “free trade” are decidedly richer than those that do not. That Trump could spout off such nonsense about the evils of German trade shows how far the level of economic understanding has fallen. Not only does free trade allow for the extension of the division of labor and specialization, but it has very important non-economic fruits. When trade is unregulated, there is less of a tendency of trading partners to engage in bellicose actions toward each other. Free trade and peaceful coexistence among nations are synonymous. It is when trade is prohibited, skewed by governments to “protect” favored industries, which creates tensions among peoples. Free trade does not require measures such as NAFTA or negotiated deals by politicians. Instead, producers of one region are free to sell their goods at whatever prices or quantities to consumers of other areas that agree to buy them. Ultimately, trade is up to individual producers and consumers in what they contractually agree to exchange, there is no need for political involvement. Trump’s lambasting of the German auto makers, however, underscores a more fundamental problem with the U.S. economy. America no longer produces goods that the world’s consumers desire, but instead, produces military hardware that it sells to despotic regimes which enables them to remain in power and wreck havoc on their enemies. Predictably, this escalates tensions abroad while, domestically, the standard of living of Americans fall as scarce resources that could have been used in the production of useful consumer goods are diverted to the creation of murderous military armaments. <https://2.bp.blogspot.com/-oJjJXsKdqWo/WUPzh7iHFOI/AAAAAAAACqc/qyjmTZRCa9IbpTWip6AsmkfDDNn4CpRdwCLcBGAs/s1600/Arms%2BSales.JPG> /Source/ <http://www.businessinsider.com/russian-v-us-arms-imports-2015-4> Trump has repeatedly boasted about his and his appointees’ abilities to negotiate great trade “deals.” His bashing of the German auto makers right after his multi-billion dollar arms sales to the Saudis show not only that he is clueless in regard to the immense benefits of free trade, but that he is just another adherent, like his predecessors, to the ideals of crony capitalism. *Originally published at /Antonius Aquinas <https://antoniusaquinas.com/>/* * *

[chan] wikileaks
BM-2cVFHKC263sXfXYF7JU3n4FPLY9HD5H7SC

Subject Last Count
outer heaven Jun 22 15:41 3
Free software makes millions for Richard Stallman's cult. Jun 18 12:02 3
Tourism Board website hacked for over three days - Dhaka Tribune Jun 17 18:50 2
The world is a cyber war-zone – arm yourself by being smart about it - Krugersdorp News Jun 17 18:50 1
Hatewatch Headlines 6/16/2017 - Southern Poverty Law Center Jun 17 18:50 1
White nationalist has 'no regrets,' pleads not guilty to harassment charge at Donald Trump rally - The Courier-Journal Jun 17 18:50 1
Trump Hires Veteran Lawyer With Deep Experience in Washington Jun 17 18:50 1
Congress passes VA whistleblower bill - The Livingston County News Jun 17 18:50 1
Vatican, Germany reaffirm Paris climate accord post-US - News 12 Hudson Valley Jun 17 18:50 1
Is Trump Launching a New World Order? - EcoWatch - EcoWatch Jun 17 18:50 1
TRUMP’S BORDER PATROL CHIEF GIVES AMERICANS CONSTRUCTION DATE.... TIME TO BUILD THAT WALL Jun 17 18:50 1
Trump's coal plan sends US energy "back to the past": Vatican - Reuters Jun 17 18:50 2
German ex-nationalist leader's new party to skip election - ABC News Jun 17 18:50 1
Trump's Cuba decision is troubling for his relationship with the pope - Vox Jun 17 18:50 2
TRUMP IS AN ECONOMIC IGNORAMUS! Jun 17 18:50 1
Trump Is Appointing Racist Fake-News Purveyors to the Federal Bench - The Nation. Jun 17 18:50 2
The Vatican plan to 'reinterpret' anti-contraception encyclical is real - Lifesite Jun 17 18:50 1
If Voting Machines Were Hacked, It Might Not Be Obvious : NPR - NPR Jun 17 18:50 1
Phishing scam steals your login using your smartphone - Komando Jun 17 18:50 1
Disappointed By Trump, The Alt-Right Seeks A NATO For Nativists - TPM Jun 17 18:50 2
What Congress is doing to stop Russian hackers next time - Christian Science Monitor Jun 17 18:50 1
Alleged Yahoo hacker is considering waiving extradition hearing - CBC.ca Jun 17 18:50 2
Are Trump's US economy boasts correct? Jun 17 18:50 1
Trump's no-experience, fake-degree wedding planner will be in charge of billions in NYC housing spending Jun 17 18:50 1
Latest Wikileaks Release, 'Cherry Blossom' Exposes CIA Wireless Hacking - Mintpress News (blog) Jun 17 18:50 2
DONALD TRUMP JR. JUST STUNNED EVERYONE WITH CHILLING ADMISSION ABOUT SCALISE SHOOTING Jun 17 18:50 1
Turkey: NATO's Odd One Out - Middle East Forum Jun 17 18:49 1
JUST IN: ROSENSTEIN JUST BETRAYED TRUMP, SO TRUMP DESTROYED HIM WITH THESE TWO WORDS Jun 17 18:49 1
Crystal Griner and Steve Scalise - snopes.com Jun 17 18:49 1
A Father's Persistence - Jesuit Refugee Service/USA Jun 17 18:49 1
KQED online broadcast, computers brought down in apparent hack ... - SFGate Jun 17 18:49 2
Indian hackers suspected behind ICT Division website hacking - Dhaka Tribune Jun 17 18:49 2
Hackers leak Cowboys Casino documents online one year after 2016 data breach - Globalnews.ca Jun 17 18:49 1
British hacker admits stealing Pentagon satellite data - The Telegraph - Telegraph.co.uk Jun 17 18:49 2
Post-Snowden Efforts to Secure NSA Data Fell Short, Report Says - New York Times Jun 17 18:49 1
Post-Election Period Has Destabilized the 'Platform of the Alt-Right' - Valley News Jun 17 18:49 1
Jeff Sessions Performs Admirably Against Senatorial Snakes, Blasts Russian Hacking Hoax Jun 17 18:49 1
Josh Duggar Withdraws From Sisters' Privacy Lawsuit - U.S. News & World Report Jun 17 18:49 1
Wikileaks Alleges Years of CIA D-Link and Linksys Router Hacking Via 'Cherry Blossom' Program - Threatpost Jun 17 18:49 2
'No limit' to cruelty of traffickers, says UN agency, as video surfaces of abused migrants in Libya - UN News Centre Jun 17 18:49 1
Officials warn 'hacktavists' could target 2019 election? - BBC News Jun 17 18:49 2
Trump Tried to Convince NSA Chief to Absolve Him of Any Russian Collusion: Report - Newsweek Jun 17 18:49 1
A racist vestige of the past that progressives are happy to leave in ... - Washington Post Jun 17 18:49 1
Stupidly easy for hackers to attack Eskom - MyBroadband Jun 17 18:49 1
Nationalist government seek talks on "least bad Brexit" for Scotland - Reuters UK Jun 17 18:49 1
Zionist Forces Shoot Dead Three Palestinians in al-Quds - Al-Manar TV Jun 17 18:49 1
'F**k This System': Black Activists Protest Clearing Of Officer Jeronimo Yanez - The Daily Caller Jun 17 18:49 1
Layton police officer resigns over racist meme allegation - KSL.com Jun 17 18:49 1
Nato's senior military officer gives inside view on Trump's controversial dinner in Brussels - New Zealand Herald Jun 17 18:49 2
Social media 'creep' accounts flourish at the murky intersection of ... - CBC.ca Jun 17 18:49 1
New policy on electronics, software, data security: Centre - YourStory.com Jun 17 18:49 1
ADL Co-Signs Pro-Islamist Letter w/BDS, Iran Lobby and Pro ... - FrontPage Magazine Jun 17 18:49 1
EU deals Theresa May encryption setback as MEPs propose ban on government backdoors - Telegraph.co.uk Jun 17 18:49 1
Canada expects hacktivists will target its 2019 elections Jun 17 18:49 1
UEA apologises after leaking sensitive student data in mass email ... - ITV News Jun 17 18:49 1
Son of a farmer, Ravi Suhag is now a top ethical hacker in the country - YourStory.com Jun 17 18:49 2
Simon Roche: South Africa, the coming all-out race war, certain GERMANS to the rescue, Trump, WWIII — and the visions of the prophet Nicholas van Rensburg 100 years ago Jun 17 18:49 1
Trump’s Business Ties in Persian Gulf Raise Questions About His Allegiances Jun 17 18:49 1
Trump promotes Hannity's 'deep state' monologue - The Hill Jun 17 18:49 2
Wikileaks Documentary Makers Accuse Assange of Censorship - Newsweek Jun 17 18:49 1
Donald Trump has finally found something to give to Vladimir Putin. It's called Cuba - The Independent Jun 17 18:49 2
Jetico's BestCrypt Container Encryption for Linux - Linux Journal Jun 17 18:49 1
Systemic Racism Couldn't Care Less About Your Respectability Politics - The Nation. Jun 17 18:49 1
Is Trump really 'cancelling' Obama's Cuba policy? Jun 17 18:49 1
Kremlin says takes negative view of proposed new U.S. sanctions ... - Reuters Jun 17 18:49 1
A Case Study in Ignorant YouTube Racism - Patheos (blog) Jun 17 18:49 1
Oliver Stone interviews Vladimir Putin: On US-Russian relations and the Cold War - Salon Jun 17 18:49 1
Florida's worst spies: Espionage comes to the Sunshine State - Tampabay.com Jun 17 18:49 1
The future of cyber war - Dayton Daily News - MyDaytonDailyNews Jun 17 18:49 1
Milford Catholic school board to decide on possible closing - Milford Daily News Jun 17 18:49 1
Computer hacker jailed for attacking websites of airport and hospital - ITV News Jun 17 18:49 2
Most of central London hospital to be sold off, plans reveal - The Guardian Jun 17 18:49 1
Trump says he is being investigated for the Comey firing, blasts probe - USA TODAY Jun 17 18:49 2
Coinbase to White Hat Hacker: We Don't Want Your Bitcoin - CoinDesk Jun 17 18:49 2
DeKalb church will display Black Lives Matter banner - DeKalb Daily Chronicle Jun 17 18:49 1
White Supremacists Are Mad At Right-Wing Nutjobs For Not Being ... - The Root Jun 17 18:49 1
Vatican corruption debate: 'Question not only legality but also civility' - Vatican Radio Jun 17 18:49 1
WATCH: Trump supporter chanting racist slogans loses debate with 12-year-old - Raw Story Jun 17 18:49 2
US President Donald Trump faces conflict of interest accusations over new FBI headquarters - NEWS.com.au Jun 17 18:49 1
No Aadhaar, no banking and threat to privacy: Do you have a choice? - India Today Jun 17 18:49 1
Seth Meyers Can Only Marvel at Donald Trump's Historic 'Self-Own' Jun 17 18:49 1
What secret society conspiring to manipulate polls? Quit with the lies: Dr Kirubi - Capital FM Kenya (press release) (blog) Jun 17 18:49 1
Russia hacked voting systems in 39 states before the 2016 presidential election - Vox Jun 17 18:49 1
"Zero Days VR" Sets A High Bar In The Oculus Store - Forbes Jun 17 18:49 1
The Buckle, Inc. Notification of Data Security Incident | Business Wire - Business Wire (press release) Jun 17 18:49 1
Vatican pro-life academy head defends appointment of abortion ... - Lifesite Jun 17 18:49 1
BARRON TRUMP - THE EXPERT Jun 17 18:49 1
The Power of the Security Immune System - Security Intelligence (blog) Jun 17 18:49 1
New child protection experts graduate from Rome's Jesuit university - Catholic News Service Jun 17 18:49 1
'Trump' children's word of the year Jun 17 18:49 1
WATCH: Alt-right protester arrested after rushing stage at Trump-ish production of 'Julius Caesar' - Raw Story Jun 17 18:49 2
Pope picks secretary for Dicastery on Integral Human Development - Catholic News Agency Jun 17 18:49 1
Jesuit Scholar: Islamic Extremists Are the True Muslims - Breitbart News Jun 17 18:49 1
Now doctors need to be hackers, too Jun 17 18:49 1
Microsoft: Latest security fixes thwart NSA hacking tools - ZDNet Jun 17 18:49 1
The Executive Branch Takes Stock of Data Security - Infosecurity Magazine Jun 17 18:49 1
Trump and his supporters might learn something from 'Julius Caesar' Jun 17 18:49 1
Passaic Housing Authority battles employee over data breach, rules on rent hikes - NorthJersey.com Jun 17 18:49 1
ICT Division website hacked - Prothom Alo (English) Jun 17 18:49 2
Canada: Hackers targeted country's 2015 election, may try again - Capital FM Kenya (press release) (blog) Jun 17 18:49 2