Electic bikes from China
On 7/18/2018 9:53 PM, jbeattie wrote:
On Wednesday, July 18, 2018 at 7:05:31 PM UTC-7, Frank Krygowski wrote:
On 7/18/2018 8:24 PM, AMuzi wrote:
One might dislike fat, loud people with odd hair, but he does have a point.
Even a blind squirrel finds a nut once in a while.
But that doesn't mean anyone should vote for that squirrel.
Who says he got it right? A trade war will crush certain US businesses and drive-up the price of foreign and domestically produced consumer goods. Right is matter of whether you're a winner or loser, and there will be huge losers.
I'll admit, though, he is good at using platform planks as revenue generators to cover the massive budget gap created by the corporate tax break -- or to provide windfalls to his favorite persons and industries, including the conjoined twins of steel and coal. His tax code revisions are practically written for real estate investors and developers.
His negotiating style -- which generally involves an opening gambit resulting in absolute chaos, like the opening scenes of a Shakespeare comedy, presumes that we should and can gut-it-out until victory ensues. He assumes that everyone has the financial reserves to withstand the buffeting. Most don't. His base will be hardest hit, or at least that portion of his base that aren't real estate investors. When WalMart prices soar, so will Mitt Romney.
-- Jay Beattie.
I did not say he was right, I said he has a point.
As do the Europeans on this specific issue.
One might posit that there are other perhaps better paths.
For example if France would get the State's foot off the
neck of employers for a moment they might hire someone new,
or even young, one being better than the current zero. And
I'm not sure DJT is completely wrong either although I
suspect he's not right (both in principle and in effect).
Check out recent Chinese economic data and their currency
slip this summer. Another way to gauge policy effectiveness
seems to indicate both Persia and China are not doing all
that well at the moment:
widespread copycats deface party leaders and party slogan
posters, Winnie The Pooh hasn't had his picture on page one
in the newspapers (very unusual, normally every single day),
party official leader posters and party slogan posters
removed suddenly. Something is up.
Both countries are not Nicaragua or Venezuela, there being
little drama in a perfectly predictable slo-mo train wreck.
OTOH as Yogi Berra wisely taught us, predictions are hard,
especially about the future.
Open every day since 1 April, 1971
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