The beautiful thing about US politics is roughly every 8 years or so we get to show off how big of hypocrits nearly everyone of us really are.
Here we go over under on huge war under trump?
- Thread starter HighStickHarry
- Start date
The beautiful thing about US politics is roughly every 8 years or so we get to show off how big of hypocrits nearly everyone of us really are.
What a country we'd be if both parties put the same energy towards criticizing and holding their president to the fire as they did the opposition instead of wallowing in success and 'told-you-so's' for 4/8 years.
Remember all the geniuses in this thread?
Pepperidge Farms remembers.
Pepperidge Farms remembers.
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Twenty years ago, a bipartisan “Washington Consensus” emerged that included free trade and the admission of China into the global economic order. Today, a new and somewhat unexpected consensus is emerging in support of President Donald Trump’s trade war with China."
Twenty years ago, a bipartisan “Washington Consensus” emerged that included free trade and the admission of China into the global economic order. Today, a new and somewhat unexpected consensus is emerging in support of President Donald Trump’s trade war with China."
"
Last week, when President Trump announced that he would be hiking tariffs on many Chinese goods from 10% to 25%, partly in response to China’s effort to backtrack on commitments it made toward a broad trade agreement, the media coverage was negative for roughly 24 to 48 hours. Many of the predictions reprised those of a year before: higher prices, economic damage, hardship for farmers. The stock market fell on Monday as China retaliated in kind.
But in the past several days, the stock market has strengthened, and new voices have emerged to defend the president’s policy, including some from the left."
Last week, when President Trump announced that he would be hiking tariffs on many Chinese goods from 10% to 25%, partly in response to China’s effort to backtrack on commitments it made toward a broad trade agreement, the media coverage was negative for roughly 24 to 48 hours. Many of the predictions reprised those of a year before: higher prices, economic damage, hardship for farmers. The stock market fell on Monday as China retaliated in kind.
But in the past several days, the stock market has strengthened, and new voices have emerged to defend the president’s policy, including some from the left."
"
Tom Friedman, the left-wing New York Timescolumnist who literally wrote the book on globalization and has been a target of ridiculeby conservatives for his admiration of Chinese authoritarianism, told CNBC that he supported Trump’s approach to China — and that, moreover, only Trump could do what was needed.
“You and I can disagree whether Donald Trump is the American president that America deserves right now,” Friedman told Squawk Box host Joe Kernen, “but I am absolutely certain he’s the American president that China deserves right now, because it needed someone who was going to actually take on the trade relationship between the two countries that was misaligned. … It took someone to call the game, and the game had to be called … and I think Trump did it.”
Wall Street has also begun to come around. Former Goldman Sachs CEO Lloyd Blankfein tweeted: “Tariffs might be an effective negotiating tool.” (@Ponca Dan ) And even Democratic Party leaders praised Trump.
CNBC’s Jim Cramer was astonished: “In one fell swoop, Trump went from being a hated protectionist, know-nothing to someone who might be cleverly assembling a coalition of the willing in the trade war against the Chinese, at least in the eyes of Wall Street.”
There are several reasons for the new consensus. One is that Trump has exposed China’s economic weakness: they need us more than we need them. Another reason is that Democrats know they lost in 2016 partly because voters in the Rust Belt trusted Trump more than Hillary Clinton on trade. The unions that run the Democrats’ turnout machine are also delighted with Trump’s stance, so it behooves the party’s leaders to agree."
Tom Friedman, the left-wing New York Timescolumnist who literally wrote the book on globalization and has been a target of ridiculeby conservatives for his admiration of Chinese authoritarianism, told CNBC that he supported Trump’s approach to China — and that, moreover, only Trump could do what was needed.
“You and I can disagree whether Donald Trump is the American president that America deserves right now,” Friedman told Squawk Box host Joe Kernen, “but I am absolutely certain he’s the American president that China deserves right now, because it needed someone who was going to actually take on the trade relationship between the two countries that was misaligned. … It took someone to call the game, and the game had to be called … and I think Trump did it.”
Wall Street has also begun to come around. Former Goldman Sachs CEO Lloyd Blankfein tweeted: “Tariffs might be an effective negotiating tool.” (@Ponca Dan ) And even Democratic Party leaders praised Trump.
CNBC’s Jim Cramer was astonished: “In one fell swoop, Trump went from being a hated protectionist, know-nothing to someone who might be cleverly assembling a coalition of the willing in the trade war against the Chinese, at least in the eyes of Wall Street.”
There are several reasons for the new consensus. One is that Trump has exposed China’s economic weakness: they need us more than we need them. Another reason is that Democrats know they lost in 2016 partly because voters in the Rust Belt trusted Trump more than Hillary Clinton on trade. The unions that run the Democrats’ turnout machine are also delighted with Trump’s stance, so it behooves the party’s leaders to agree."
