??? By cutting corporate taxes it incentivizes bringing manufacturing back to this country. Trump also took a step further to try to force China into fair trade instead of free trade with tariffs. China's reaction wasn't pleasant., [...]
Look. This is the typical Republican hat trick. Dump a few printed Benjamins in the trailer park, drop corporate taxes, and ride the wave like a heroin junkie. And the wave WILL come. But if you'll notice, the 'good times' are getting shorter and shorter... Reagan did it, and the high lasted 20 years. Tumpy did it, and it lasted two.
That's the dollar getting ridiculously over-stretched. Don't get me wrong... It's a good thing, when you need a jump start. But you are going to pay for it in inflation. EVERY TIME. And the way you throttle the inflation is to cool off the market by raising interest rates and manage the resulting waves into an 'even' between boom and bust. But they never raise interest. They keep printing money. They keep chasing the fix. Because it feels so good.
and it may have been one contributing factor to them releasing the viruses that they did, wanting to be the dominate currency in doing so?
China got destroyed by COVID shut downs. China didn't want that. They're not the evil-doer. They're the bag-holder.
Obviously, Trump wasn't the one that drafted NAFTA, that falls on the lap of H. Bush and Billy Bob who signed it into law. Trump re-negotiated NAFTA. Again trying for fair trade v. free trade.
He failed. UTTERLY.
Again, and I know we've discussed this before, Trump initially closed travel from China. He initially closed up the country based on the recommendations of Fauci, BUT within a few weeks he then announced, that he was leaving it up to the states and it then became a state issue. Each state was responsible for shutting down and opening back up. That's on the states. Yes anyway you cut it, we are still suffering the ramifications of those shutdowns.
None of that matters. I am in one of those 'free states'. We conveniently got rid of our Democrat governor and within a month, Gianforte threw out all the covid bullcrap.
Guess what. It didn't matter. Sure we were let up, which is great. BUT THE FRICKEN PORTS WERE SHUT OFF. Ports of entry closed. Canadian Border closed. ALL FEDERAL RESTRICTIONS, not state. All Tumpy.
And if you can't move goods, you're done. You can't get supplies. You can't get parts. Because they are all stuck off-shore waiting to come into the ports.
Add to that the factories which tend to be in blue states, that were still locked down, but they would not have been running anyway, because they can't get parts and supplies either. Because the ports. Because Tumpy.
Because Tumpy.
Tumpy did that. not the states.
China is a dirty player; they always have been. I'm not certain, but, how many in Congress benefit from China? Fauci and Biden benefited from China's virus.
EVERYBODY is a dirty player. Caveat Emptor. Wear a tin patch. And if it was 'China's virus' why did they take all the weight? Remember, those closed ports mean it was Asia's goods stuffed up the bottleneck. They didn't profit from it. They were destroyed.
Remember when almost everything from Walmart used to be made in America? NAFTA was drafted, Sam died and his greedy kids changed all that.
NAFTA drafted by H. Bush and signed by Billy Bob has been IMO one of the worst things inflicted upon this country; in the end game it didn't help us; quite the opposite.
I will disagree. Sounds like whining. The game is to do it faster, better, cheaper than the next guy. That's the game. Asia is kicking our ass. you want to get on top, do better. Compete.
Also, remember back when they were trying to force the NAU -- that would have opened the door for everything made in Mexico -- cheap labor. Look what's happening now -- IIRC -- our imports from Mexico have risen drastically within Biden's administration.
That is the dollar stretching under inflation, not Mexico.
I understand your anger. I agree. What happened to made in America??? Corporate greed. Bush. Clinton. I believe that was one of the things that Trump did try to rectify. Only yes, you are correct ... he took steps backward and ran up our deficit when COVID hit. Fauci and Biden at your service!
Now things are backasswards and they aren't going to let Trump near the WH again, he's out now for retribution and out for Trump. He can't walk back his spending spree and other issues as well. He made poor decisions which are still costing us, and a stolen election has made things even worse.
Look. my anger comes more as a reaction to the 'murica' bumper-sticker bullshit.
I want America back. I do. I want Mayberry. My America was the BEST.
But that's why it was the best. because it did things right. I am not going to buy 'American Made' over everything else just because it has some little sticker on it. Bullshit.
I want to buy American made, and will even default to it, but only if she restores her excellence. Why would I care to buy American if it is the same crap I can get from China for a tenth of the cost?
When American companies stop 'planned obsolescence' and start their way back to excellence in product... when the government removes inventory taxes so that industry can ditch the disastrous JIT model...
THEN, when American business has earned it by MERIT, then my loyalty will return.
Tumpsters get all orgasmic from someone pissin in their pocket and telling em it's raining.
It's all bullshit. All of it.