Trump needs to Go

I was against the whole Russiagate clown show .. and couldn't be bothered with this latest "Ukrainegate" affair, don't care about Stormy Daniels .. and was glad when Trump was elected for the simple fact that I would not have to listen to the arrogant, condescending "nails on the chalkboard" demeanor of Clinton.

Trump is doing serious damage to our economic security. It was bad enough that he has been running massive deficits. The way he has gone about this Trade war with China is bad too and is now starting to have serious impact.
U.S. manufacturers experience worst month since 2007-2009 Great Recession, ISM finds

https://www.marketwatch.com/story/s...e-end-of-great-recession-ism-finds-2019-10-01
If we are going to have a trade war with China - at the very least we should be rallying Europe - India - and any other nation we can get to our side.

Trump has done the reverse .. It is one thing to pull out of the Iran deal - quite another to try and club our allies into submission - go along with the sanction - by using the "nuclear option" - Threatening to block a nations banks and corporations out of the international system of payments.

This has caused our allies in Europe to lash out in using the strongest possible language "You are messing with our sovereignty" - not in private but on the international stage.

Nations around the world are now giving the US the big "FU" .. our corporations who used to be on the VIP list - are now in the back of the bus.

Just think if some other nation messed with our sovereignty .. the citizens would be out of their minds .. and there would be hell to pay. The same is true in other nations and our long and short term economic security is paying the price.

While Trump is going around clubbing other nations into submission - Russia and China are going around doing deals. We are not winning - we are losing.

Rather than backtrack from this policy that is already having dire consequences .. Trump decided to double down.

Instead of dealing one nation at a time - Trump is waging economic war on most of the world at the same time.

His latest bout of stupidity ?
U.S. hits Scotch whisky, Italian cheese, French wine with 25% tariffs
https://www.reuters.com/article/us-...ese-french-wine-with-25-tariffs-idUSKBN1WH2G7

Now we are in a Trade war with Europe at the same time as this war with China. Full on Protectionism.

The sooner we get rid of this administration the better.

 

The trade deficit with the European Union last year was $109 billion.

https://ustr.gov/countries-regions/europe-middle-east/europe/european-union

 

Did you have a point that relates to the OP ?

 

Sure. We should have a balance of trade with the Europeans. Sounds to me like Trump is letting them know that they need to be more cooperative in helping make that happen.

 

This complaint of yours is the crux of Trump's business savvy, which was repeatedly brought up against him in the 2016 Republican primaries and the general 2016 presidential campaign. Trump is not afraid to run the nation into the equivalent of a bankruptcy and then rebuild after protections are implemented. Only problem is there are no such protection on this world stage and rebuilding a nation's failed economy is not an easy thing to do. In retrospect now maybe the, "nails on the chalkboard," sound wasn't so bad after all?

 

They're giving us the big FU because we're trying to force them off our teet. We've been propping up a large portion of the industrialized world so they can afford more socialism. It has to end. We can't afford it. Its natural that they be pissed about it. But this infected limb has to be chopped off, and better now than later. It shoulda been chopped off 20 years ago. It's gonna be rough, but not as rough as waiting longer. We've been kicking this can down the road for too long. Kudos to Trump for finally crushing it and taking it to the garbage. Thats what he was elected to do.

 

As I tell the tRUMP fans. Globalism is here to stay.
We can lead, as we once did, follow, or sit it out.
tRUMP has us sitting out.

Then whines about fed res not lowering rates to help his slumping economy.

 

You forgot the fourth option: sabotage it. Trump ran opposed to Globalism, and he's opposing it like a champ.

The only true defeat is giving in.

 

Millions of US citizens work for global companies. When you say sabotage the global economy you are also sabotaging those millions of Americans. So I’ll just say **** that noise and the horse it rode in on.

 

I think you're confusing Globalism with globalization. They're not the same.

 

Blowing up the ship is what Trump is doing.

 

Arrrrrggggg ... you may have a point.

 

I don't think so, G. Tariffs on whiskey, wine and cheese are sending a message. But that is far from "blowing up the ship".

Keep in mind that other countries who have a trade imbalance to their favor like it that way. They like the status quo. They are not anxious for it to change. Sometimes playing nice will simply not work.

Remember, when Trump stands up for fair trade, he is standing up for the American worker and American jobs.

 

Yep, just like Trump wants to balance NATO. This is what every president before Trump allowed.

Every year the U.S. contributed nearly 100% more than required to NATO defense spending.

 

I really don't know what folks mean when they use terms like "Globalism".... it is like the term Socialism - ask 10 people and get 10 different answers.

One thing we all understand is the word "Protectionism" ... I am all for making better trade deals but, waking up in the morning and slapping Tariffs on a bunch of imported goods is not the way to do things. What happened to Trumps much touted negotiating skills ?

Doing this to a bunch of nations we need on our side when in the midst of huge Trade war with China is doubly stupid. Timing matters.

 

A 100% waste of money that is. What happened to the fiscal conservatives in the GOP ?

 

Quit spouting meaningless platitudes and try to engage in reality for a change. We are in the middle of a huge Trade war with China and there are other geopolitical considerations in play such as those mentioned in the OP.

We need as many nations on our side as possible during this war with China - it is idiotic to go to economic war with most of the world at the same time. Timing matters.

Have you never heard of the pitfalls of a war on two fronts ?

 

You can't make the same argument with the EU as you try to make with China. The effective tariff rates are nearly identical.

 

It's not Europe's fault they don't want to police the world.
Not all that money is being spent for NATO.

 

Jesus

A trade war with the EU now? Because the trade war with China is going so well?

Putin smiles

 

Spot on. That would have been my reply before I saw yours. Nobody forces the US to spend as much on defense than the next 7 biggest spenders combined. Why would those other countries go into the same rathole of throwing good money into the military industrial complex that needs endless wars to function?

 

Ask yourself the question: Why does Germany have a trade surplus, and the US doesn't? They have similar wages and living standards. The answer is not in unfair trade. How likely would it be that somehow Germany would get all trading partners to accept unfair trade deals?

 

Trump wants to save America from you and the other globalists want managed decline for the US

 

Perhaps. But even if true ~ he seems to be going about it all WRONG and with potentially devastatingly vile long-lasting effects on both the American and formerly allied world economies!

 

Germany looks so good because of the way they count their debt.
USD and Euros are based on debt. In the US that debt is counted as part of the national debt, even though a larger chunk of it sits stashed in the Federal Reserve.
Germans don’t count euro debt as their own national debt. So, they can claim fairly low debt because they don’t count the operations of the EU central bank, even though Germany is the largest economy there. I read somewhere once that if one were to recount all euro obligations and allocate them to countries according to their economy size Germany would be deep in debt.