I watched the Ken Burns Vietnam documentary over the last two nights since I was off from work. It made me think how this country's been a train wreck from a political standpoint ever since WW2 ended. Uncle Ho actually came to the USA for help in getting Vietnamese independence from France first, before going to the USSR and China. He even quoted Tommy Jefferson in his first speech after returning from exile. But we didn't want to piss off the French because we were afraid of the Soviet influence on Charlie Degualle (spelling). What seemed, at the time, like a no brain decision (supporting France instead of some backwoods country's independence) led to over 58,000 American and over a million Vietnamese dead. Point is, Both D and R administrations have been bungling things for decades now. Hey, at least Trump's stupidity is pretty transparent. The shit Truman, Ike, JFK, and LBJ were doing behind the scenes was appalling. Supporting foreign coups, both victories and failed (think Bay of Pigs), covert bombings, assassinations, election frauds, economic subversion, etc. Vietnam and the Civil Rights movement brought all this shit to our doorstep. Bobby Kennedy and MLK, CIA spying on their own people, Watergate. Federal assault on AIM at Wounded Knee in 72. Kent State, and LBJ's failed great society, which created a permanent, dependent class of poor people just so they would vote D in every election ever since. Point is, the mess we are in now isn't really Trump's fault or Obama's. They are just like adding two slices of rotten cheese on an already putrid shit sandwich.
Patience Shred Back in the day before the Federal Reserve and the IRS the US government was funded by import tariffs. Import tariffs kept the government funded and in check because the government can only gets as big as its funding will allow. When the Federal Reserve came in, tariffs started to disappear because the federal government was funded by Federal Reserve notes, which is fiat currency. What that means is that every time the US government needs to pay for something it has to go to the Federal Reserve Central Bank which is a private Corporation which would print the money out of thin air, backed by nothing, AT INTEREST, which was then passed on to us the American People in the form of the Income Tax. Trump is slowly putting the tariffs back in place to prepare for his battle against the Federal Reserve in the second term. If he can slowly restore the Tariff structure of the US government and fund our government that way, then he can then go after the Federal Reserve and the IRS and they can't do anything retaliatory to destroy the economy because we will have money coming in from import tariffs.
That is definitely your version of history Branco. But let's put that aside, there is a big flaw in this approach. If he really wants to move to an import tariff system versus an income tax, there are going to be some serious trade issues. Some quick math, based off of 2015 numbers, hard to find anything more current. In 2015, federal tax revenue was 3.2T and imported goods totaled at 2.4T so he would need to average 120-125% tariffs across the board to make up that difference. This is an unreasonable number and would bring trade to a halt. I am not saying it is not a totally bad idea, but once again Trump goes too far and promises too much. He should try to replace corporate income taxes with import tariffs. This is an obtainable goal (341.7 billion in 2015). This would have immediate positive effects that could help neutralize the short terms burdens of the tariff. Not to mention, this would be the ultimate test as to the validity of corporations claiming to be overtaxed. With 0% corporate taxes, the business expansion in this country should be massive. Then Trump could possibly hit that 6% GDP quarter he promised. My issue with the bailout is people signed up for Trump and tariffs. It is like the NFL players and union begging for a bigger piece of the team owners pie. If they really want to make it happen, they have to go on strike; but, they don't because it hurts their pocketbook in the short term. Trump voters can't have their cake and eat it too, if they want the long terms gains they expect from these tariffs, they are going to have to suffer thru the short term i.e. no bailout. I hated when Obama did this to try and help Obamacare and i hate that Trump appears to be cut from the same cloth.
winning? just like the korea thing this is just a deal to discuss making a deal. and just like korea, nothing has substantially changed. there is no actual deal.
I will give credit when there is an ACTUAL deal signed that can be analyzed. Talk is cheap, especially in politics. I will wait to see what the actual agreements between us and the EU, North Korea and Iran include before criticizing. There is nothing to critique yet, just hand shake deals which, if you know anything about Trumps business history, mean very little.
My hating on the tariffs is justified. I laid out, what I think, is a much better plan regarding tariffs. If Trump is going to keep on making ridiculous promises instead of smart, reasonable ones, I am going to keep hating. Trying to replace income tax with tariffs is a terrible idea that I will stand by until he proves me wrong. Just like I am sure you stood by Obamacare being a terrible idea until Barry proved you wrong, which he never did. A bad idea is a bad idea no matter who came up with it.
so because somebody disagrees with your liberal definition of "winning" that makes them a hateful loser. got it.