RE: 'Trade wars are good, and easy to win,' Trump tweets
11-28-2018, 07:06 PM (This post was last modified: 11-28-2018, 07:06 PM by robkelk.)
11-28-2018, 07:06 PM (This post was last modified: 11-28-2018, 07:06 PM by robkelk.)
Looks like the leaders won't be present for the signing.
Ah, well - the one time we want Trump to be a narcissist, and this is what we get.
To the surprise of nobody who remembers the last time this economic policy was applied (ref. the Smoot–Hawley Tariff Act, in which tariffs prolonged the Great Depression), Trump’s policies have had exactly the same effect on the job market that they’ve had when they were applied in the 1930s: they’ve killed more jobs than they’ve created.
The Great Depression is still in living memory, too. <sigh>
Ah, well - the one time we want Trump to be a narcissist, and this is what we get.
To the surprise of nobody who remembers the last time this economic policy was applied (ref. the Smoot–Hawley Tariff Act, in which tariffs prolonged the Great Depression), Trump’s policies have had exactly the same effect on the job market that they’ve had when they were applied in the 1930s: they’ve killed more jobs than they’ve created.
The Great Depression is still in living memory, too. <sigh>
--
Rob Kelk
Sticks and stones can break your bones,
But words can break your heart.
- unknown
Boycotting all products from the USA as long as that country's leader continues to threaten to annex my native country.
Government of Canada: How to immigrate to Canada
Government of Canada: Claiming refugee protection (asylum) from within Canada
Rob Kelk
Sticks and stones can break your bones,
But words can break your heart.
- unknown
Boycotting all products from the USA as long as that country's leader continues to threaten to annex my native country.
Government of Canada: How to immigrate to Canada
Government of Canada: Claiming refugee protection (asylum) from within Canada