Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Wednesday, December 23, 2020

Foreign policy is Biden’s best bet for bipartisan action, experts say – but GOP is unlikely to join him on climate change

  Republicans and Democrats may have more common ground than it seems, a new survey finds.

  Our survey – conducted in August and September in partnership with the Chicago Council on Global Affairs and the University of Texas at Austin – asked more than 800 government officials, congressional staffers, researchers, journalists, and advocates to assess the likelihood of unified American efforts to address critical international challenges by 2022. They identified several foreign policy issues where building bipartisan policies was “more likely than not.”

Monday, January 27, 2020

‘Slow-minded and bewildered’: Donald Trump builds barriers to peace and prosperity

  The U.S. president “had no plan, no scheme, no constructive ideas whatever”, according to one of the world’s most influential economists.

  He was “in many respects, perhaps inevitably, ill-informed”. He was “slow-minded and bewildered”, and failed to remedy these defects by seeking advice. He gathered around him businessmen, “inexperienced in public affairs” and “only called in irregularly”.

Thursday, August 22, 2019

Israeli and U.S. destruction of freedom of travel

  Proponents of trade and immigration controls oftentimes forget that there is another factor that comes with their socialist immigration system, that is, in addition to the death, suffering, police state, and destruction of the rights of economic liberty, liberty of contract, freedom of association, and private ownership of property. That factor is the destruction of freedom of travel, another fundamental, natural God-given right that adheres in all people everywhere and that preexists all governments.

  We are reminded of this fact in a current dust-up involving two members of Congress and the Israeli government, which, like the U.S. government, has a policy of governmentally-controlled borders. The two members of Congress are Ilhan Omar and Rashida Tlaib, both of whom are Democrats who have come out publicly in favor of the boycott Israel movement owing to the Israeli government’s longtime mistreatment of Palestinians.

Tuesday, May 28, 2019

Who actually pays tariffs?

  Donald Trump’s economic ignorance knows no bounds. And especially when it comes to the subject of trade.

  Trade is always a win-win proposition. In every exchange, each party gives up something valued less for something valued more. Each party to a transaction values differently the goods or services being exchanged. Each party anticipates a gain from the exchange or there would be no commerce between the two parties. And each party will repeat the exchange again if its estimated gain has proved to be satisfactory.

Monday, April 8, 2019

Democrats clueless on farm woes

  Last week, the Washington Post carried a story about five Democratic presidential candidates who took to a stage in Iowa to address an audience that was filled with farmers who are suffering severe economic and financial distress. The title of the article says it all: “No Democratic Candidate Has Been Able to Figure Out How to Help Farm Country.” The candidates were Julian Castro, John Delaney, Amy Klobuchar, Tim Ryan, and Elizabeth Warren.

  Not surprisingly, the five proposed “solutions” that involve more government intervention. They just don’t get it. They don’t understand that it is government intervention that is the root cause of farmers’ woes. How is more government intervention going to be the cure for a problem that is caused by government intervention? It’s like giving a patient who has swallowed poison more poison.