Nancy Pelosi on tariffs in 1996

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Apr 07, 2025, 11:43

She sounds a bit like Trump, no?



Apr 07, 2025, 12:21

A bit.


Trump doesn't putreally link human rights issues with trade.


It's not that there isn't issues with trade to China. Yes it absolutely cost American jobs, yes the Chinese tariffs are higher than American though before Trump became President the first time the average Chinese tariff was around 9-10% not the 32% Polesi's graph was showing. Yes the Chinese manipulated their currency and yes China steal intellectual property rights.


Tariffs do have their uses in certain situations. But what this video doesn't indicate that Polesi wanted to tariff the whole world at once, or to use tariffs to partial replace tax etc.




Apr 07, 2025, 13:19

Tariffs are causing havoc in respect of companies that get the produce they sell from China and moved heir manufature capacity from the USA to China and other cheap labor countries. Trump ants to foce hem to return production dacilities back to the USA,


Wlmart and HeiZ are typical companiedd involvd in that type of market manipulation. The Biden drive he USA into bankrduptsy by their olicies, For istance they close down power plants in the USA and hn the geen enegy failed to cove resultant needs they import energy from Canada - where Green policies wer epaid lip service to, The cuting o trees in the USA was limted by the ssame type of policies and the result was the same. So Canada benefitted from Biden idiocy and the result as massive trade dficits with Canada. So if sevice recovery is restored in the USA - the deficits will be reduced and thes ituation will be restored.


Te USA was the milking cow for Europe and even Australia, There was a mad cow outbreak worldwide abou 20 years ag o - and Australia banned import of mea from the USA. The disedse moved away from cowss and became the main souces of news distriribution by the leftist media - but the outbreak was stopped wprldwide - but the A ussis used te ban ever since to protect local meat production. Interntional trade should eb based on trade agremeents benefitting both countries involved. Trump has laready started trade agreemen negtiaions with trade agrement begotiations after the UK left the EU, but was discotinued by he crazy and corrupt Biden Regime and is no back on the table.


negotiations with the EU iro a rade agreement was terminaed because of ther crazy negotiation requrements - so th eys hould be screwed and forced back in a tade ageement unlinked to poltical isues,


.

Apr 07, 2025, 14:34

Trump is trying to conceal the consequences of the huge concentration of wealth that has been happening in the US when the upper 35 per cent of the population weights more than the other 65 per cent. Even the Wall Street Journal felt obliged to write about it, even though they tried again to conceal the weight of it by limiting the report of the study to the higher 10 per cent of the US population. It is very funny as the Trump administration has been dishing out core tenets of the liberal economy philolosophies. The way the situation as it is framed will always sent the message that a country is being screwed, no matter the tariffs in place. Always. The Trump adminstration is trying to externalize a US problem and throw it over the rest of the world. The US are playing victims when they have been and still are the main country that benefits the most from globalization.

Apr 07, 2025, 14:50

The Trump adminstration is trying to externalize a US problem and throw it over the rest of the world. The US are playing victims when they have been and still are the main country that benefits the most from globalization.


You know things are bad when Trad is actually talking sense for once.

Apr 07, 2025, 15:15

The Trump adminstration is trying to externalize a US problem and throw it over the rest of the world. The US are playing victims when they have been and still are the main country that benefits the most from globalization


China's Economic Growth:

  1. Rapid Expansion: From 1979 to 2010, China's economy grew at an average annual rate of approximately 9.91%, with a peak growth of 15.2% in 1984 and a low of 3.8% in 1990. ?Wikipedia
  2. Recent Trends: In 2021, China's GDP growth was 8.45%, followed by a slowdown to 2.99% in 2022, and a partial recovery to 5.20% in 2023. ?Macrotrends

United States' Economic Growth:

  1. Steady Growth: The U.S. experienced moderate growth, with real GDP increasing by 2.5% in 2023. ?Statista+3Statista+3Investopedia+3
  2. Historical Context: The U.S. GDP growth rate averaged 3.21% from 1947 until 2024, with notable fluctuations due



………


China by far is the country that has benefitted the most from globalization. It’s emerged from a rural backwater to a world economic power all on the back of exports.


Trad and Anger believing their own biases.

Apr 08, 2025, 15:19

Biases... The United States of America are a product of globalization. Globalization does not date to the 1980s as liberals have painted it. They have that tendency to equate globalization to the period of times when they started to perceive negative effects of globalization to them, how inequalities were sped up due to their loser winner approach with part of their population growing increasingly richer and richer as they were able to tap directly into the global world while the other part was more limited to their direct surroundings. The growth thing in percentage, who can be fooled by that... Indeed, contrary to the US that have never lifted people out of poverty (the US have even managed to make their formerly slave population poorer than it was when they were slaves and prohibited from pirvate property, not a small feat and the accolades must go the US's incredible malevolence), China has lifted a considerable part of its population out of poverty. Yet they have done it lately and the growth that is reported starts from a lower level of wealth. What next? That an african country that is having a 15 per cent annual growth is benefiting more from globalization than the US or a euroepan country? There is nothing in this, as usual with liberals who try to drown everything in a vaccum. Relevant metrics show that the US are by far the biggest winner of globalization, even though they no longer win as much as they used to. They still are winning but at a slower rate and they do have tremendous internal problams with 35 per cent of their population outweighing largely the other 65 per cent.

 
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