Davos just declared that America is great again. The World Economic Forum, which hosts the annual conference of global elites in Switzerland, said on Tuesday that the United States is the most competitive economy in the world.
The U.S. has not held the number one spot since 2008, when the aftermath of the financial crisis and bungled recovery efforts left the U.S. economy limping. Thank goodness for President Trump’s leadership in righting the sinking ship!
Just in time too.
If China had been given four more years of uncontested and un-tariffed economic freedom to do as it wished there would have never been an economic turn around here in America.
If NAFTA had continued as is un-amended, if TPP had not been thwarted, instead of having millions of new jobs, we would have lost millions of jobs in the last two years.
We would have had a flatlined economy and continued wage stagnation and job loss. We would be handing over economic control of the world economy to China, by the end of Clinton's term, had Trump not won.
Thanks to Trump's brilliant tariffs, the U.S. trade deficit is getting worse rather than better.
https://www.cnbc.com/2018/09/05/us-trad … years.html
We are actually importing more from China and exporting less TO China.
Genius. Pure genius on the part of Trump.
https://www.businessinsider.com/trump-t … ws-2018-10
Of course those sites say Trump/America is losing the trade war, that is what propaganda sites are supposed to do, program the easily duped.
There is a good reason why they want Americans to believe we are losing the trade war. The same reasons they wanted Americans to believe we were going to get into a Nuclear war with North Korea, the same reasons why they want you to think Trump is a Russian puppet. They want to undermine people's trust in Trump.
Many international corporations, and many foreign nations (like China for instance) don't want a strong American economy, don't want America to have strong trade agreements that protect its own workers and interests... the more Americans get paid, the less corporations make... the more corporations are forced to build, produce, and hire in America the stronger America's economy becomes at their expense.
And these trillion dollar nations and corporations in one fashion or another influence or outright control most media sites in America, for the very purpose of influencing feeble minded Americans into thinking Trump is terrible, when in truth he has done more for America than the last four Presidents combined.
Now, here is some more truthful news and information that is NOT propaganda:
https://www.scmp.com/comment/insight-op … ese-growth
https://foreignpolicy.com/2018/10/03/us … -renminbi/
https://www.marketwatch.com/story/5-thi … 2018-09-11
In the entirety of what is going on between China and America, despite all the hysteria typed up in our media sources or blabbered about on CNN, little has impacted either country yet, but China has been harmed more than America.
This has mostly occurred in their stock market, which has lost half its value, its decline began soon after Trump was elected and kicked into high gear since the Trade war began.
As I stated, if we had not elected a President willing to take this course now, China would have controlled the world economy, and America would have fallen from center stage, in a few short years... China now, is more constrained, and as Trump renegotiates trade agreements with European and North American countries, has secured a stronger position going forward... China was set to become the #1 trading partner with Germany, Canada, and everyone else, now America is at least trying to compete.
Both of those sites have conservative slants -- Business Insider was launched by a Republican and former Reagan cabinet member. CNBC has many conservative commentators.
Both also are quoting statistics and not opinions. They are using statistics from our own government, as in the Trump government.
They are slanting statistics to suit whatever they want, so they can make their point, its garbage, its propaganda. Where you start off in a 'trade war' is not permanent, long term those 'statistics' will change.
That's like looking at a football game after the first qtr and saying the team that is up by 10 points is going to win the game... no, that's not how it works, the links you provided were garbage information made to make Trump look bad for reasons I already noted.
Trump's 'trade wars' and renegotiations do NOT benefit International Corporations, do NOT favor other Nations, and do NOT coincide with the goals and directions powerful 'globalist' entities want to take the economy... they benefit America, and the American citizens.
Which means your corporate sponsored and controlled media is going to do whatever it can to convince Americans of how bad he is doing, and considering most Americans can't manage their own budgets, I'm certain most will gullably fall for whatever crap they are fed.
Its a testament to just how many are arrayed against America, I could understand it if there were a more egalitarian Nation ready to step in and take America's place... but the country trying to step in is China, and they are as far from an egalitarian alternative as there is.
What part of this don't you get?
If China 'wins' the trade war, if America continues to lose ground to China across the globe, China takes over the world economy, and America is relegated to 2nd class nation... maybe we don't get as bad as Greece, but it would get pretty bad here in America.
Unless you have a dual citizenship, or have tens of millions stashed away, China becoming the primary economic power in the world would devastate our economy, our way of life, and our Welfare State system that supports half the population would collapse... that's over one hundred million pissed off people running around if suddenly they had no welfare checks and food stamps.
Open borders, our interference in the Middle East, any and every 'social issue' or civil rights matter you are concerned about is a small matter compared to the impact on our society and economy the dollar no longer being the international reserve will have... if/when China overtakes America on the world stage, your worst nightmares for America are going to come to life, in spades.
Score 1 for competition thanks to a temporary boost from a huge increase in the national debt as a result of the Trump-enriching tax cut. Score -1 for everything else.
"But authors warned the U.S. economy is under threat from a "weakening social fabric," corruption and security and IT issues. It also pointed out that the United States is far behind most advanced economies in health, with life expectancy six years behind competitors Singapore and Japan."
http://www.chicagotribune.com/business/ … story.html
What happened to conservative concern for the national debt?
You realize, it's easy to accelerate the economy by spending money the government doesn't have, right? Trump gave a huge tax cut to the rich - classic Keynesian economics.
Now we'll see if it works. If the spending generates additional tax revenues and potentially pays for itself, then it will be a success.
Who's surprised that to liberals tariff adjustments are called Trade Wars , that import controls become boycotts , It's like calling a traffic ticket a police state .
Trump just ordered his department heads to CUT 5 % from their federal budgets , Did Obama ever do that , Hillary promise it ? Sanders ?
When did liberals give up on fiscal responsibility ?
Nevermind , they can't remember !
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