Friday, February 24, 2017

Dean Baker on Trump and Trade

An interesting discussion here:
Dean Baker, “Trump and Trade: He’s Largely Right,” Beat the Press, 21 February 2017.
This is a good read.

In essence, Baker says that “there is considerable truth to what … [Trump] has said about trade costing a large number of good paying manufacturing jobs,” and he also points out the hypocrisy of the media on this issue. This is correct.

For my own posts against free trade and in support of infant industry protectionism, see here:
“Kaldor’s Growth Laws and Verdoorn’s Law: An Overview and Bibliography,” October 8, 2016.

“Thirlwall’s Law: An Overview and Bibliography,” October 7, 2016.

“Ha-Joon Chang on the History of Protectionism,” August 14, 2016.

“Robert Murphy’s Debate on Free Trade,” August 7, 2016.

“The Cult of Free Trade in a Nutshell,” July 4, 2016.

“Ricardo’s Argument for Free Trade by Comparative Advantage,” July 5, 2016.

“Erik Reinert versus Ricardo on Free Trade,” July 5, 2016.

“Ha-Joon Chang on Wage Determination in First World Nations,” July 6, 2016.

“A Heterodox and Post Keynesian Bibliography on Trade Theory,” July 7, 2016.

“Erik S. Reinert on Heterodox Development Economics,” July 9, 2016.

“Britain’s Protectionism against Indian Cotton Textiles,” July 12, 2016.

“Those Free Trading British Cotton Textile Manufacturers,” July 13, 2016.

“Friedrich List on English Free Trade and the Colonisation of Germany,” July 22, 2016.

“Mises on the Ricardian Law of Association: The Flaws of Praxeology,” January 25, 2011.

“The Early British Industrial Revolution and Infant Industry Protectionism: The Case of Cotton Textiles,” June 22, 2010.

“Protectionism and US Economic History,” June 8, 2014.

“A Short Bibliography on Protectionism and Industrial Policy,” April 30, 2016.
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Wednesday, February 22, 2017

Tucker Carlson versus Unhinged Far Leftist


What can you even say at this point?

The far left thinks Trump is Literally HitlerTM even though he *actually* called for
(1) peace with Russia repeatedly during the campaign (while Hillary Clinton was demanding policies to incite conflict and even war with Russia in Syria),

(2) an “America First” foreign policy which called for *less intervention* worldwide and harkened back to the isolationist American dislike of war,

(3) rejecting the insane Neoconservative policy of endless wars for regime change in the Middle East, and

(4) called for serious rethinking of NATO.
These are *not* the hallmarks of a fascist regime, which would be demanding war on all fronts.

If anything, the Neoconservative dominance of America under George W. Bush has a much greater claim to being labelled a period of American quasi-fascism.

It was the Neoconservative warmongers who were responsible for the illegal invasion of Iraq in 2003, torture, kidnapping, black prisons, assassinations, and the mass slaughter and civil war in Iraq caused by their invasion and occupation.

But Trump has earned almost nothing but extreme hostility from Neoconservatives, and hardcore Neocons – for example, like John Bolton or Elliott Abrams – have not been brought into his administration.

Any honest and fair assessment of the administration even now suggests it may be a retreat from fanatical Neoconservative policies.

The true intellectual and political forebear of Donald Trump is Pat Buchanan – not Hitler. Pat Buchanan was, and is, an American Paleoconservative, and a type of isolationist, who has vehemently and repeatedly objected to America being an empire and its horror show of endless Neocon wars.

And what about President Trump’s attitude to nuclear weapons now? See this clip:

Obviously, military people explained to him the terrifying, destructive power of modern thermonuclear weapons. I suspect he understands very well how insane using such weapons would be, despite the ravings of the far Left.