Unless you are buying a truck an American car isn’t worth exporting. The American automobile industry hasn’t made a good car since 1976. The reason for that being primarily café standards.
I was speaking to a NY friend that has a NY perspective on Trump, in the 70s and 80s the NYC market and social scene was overly saturated with Trump. This was not the case with the rest of the country. Everyone knew who he was, but he was not in our local press and social news like he was in NY.
Back then news and social commentary were still primarily LOCAL. You had the NY Region, DC Region, Atlanta, Chicago, St Luis, and LA Regions. Philly was always just Philly a dark bubble unto itself. Now all news is saturated nationally. The internet changed news coverage forever in the US.
The over saturation of the NY region with Trump during that time period gives my friend a different view of Trump than most in the country had because of familiarity, which does breed contempt. His dislike of Trump is not the ginned up and propaganda soaked dislike of TDS, just a dislike of contempt. In my view of his position any way. He’s a reasonable man who just dislikes Trump.
As for me, the first run of Trump my candidate came in second. I don’t think Ted Cruz would have won the Presidency even if he had won the nomination. Cruz however was the candidate I wanted. A traditional solid Conservative. I will say that Donald Trump proved to be a great President in that first term. I will also say that the stolen Biden election was something we as a nation needed.
If they hadn’t stolen the election and placed a Deadman in the chair we would never have experienced just how bad it could be until the last 4 years of Biden. It was the experience of the Biden Presidency a four year “Weekend at Bernie’s” that has brought us to the point we are now at. The out of control left caused the shift. Like my friend in NY in spite of his disdain for Trump he just couldn’t keep going down the path that they were taking us. The difference being where I’m sure my friend didn’t vote for Trump, a lot of the rest of the country did.
Every county in the country had an increase in republican votes, and they weren’t for the republican brand. The Republican Brand like the Democrat Brand is dead. Controlled by the minorities on both sides the parties only care about their own corrupt insiders. Their intersts do not coincide with those of the American Public. These voters were for Trump to fight against the direction the left was dragging the rest of us kicking and screaming into. The republican party gained nothing, when Trumps term is done it’s going to be a very interesting election. I don’t see any leaders in either party.
Let’s get to the whole point of this article.
The Tariffs…. and Foreign Policy
Since WWII the US has transferred it’s wealth and industry to the rest of the world. The intention was to raise the rest of the world to our standards and end the need for war. Instead it scuttled the american middle class and wars just shrank in scale. The rust belt was born out of our politicians facilitating the shift of manufacturing out of the US, both parties are responsible for that. Now is a time for reset and reconstruction.
The first piece of that is a more level playing field. Other nations can not be allowed to tax us at 40% while we only tax them at 2%. That’s what tariffs are a tax, nothing else. The best tariff is a zero tariff, but it has to be zero on both sides. Trumps tariffs are directly aimed at that goal. A flat even field of zero trade barriers. Product competition rather than national competition. That will take decades if ever becoming a reality.
The fact of the matter is right now the US can not compete. The reasons for this are many and multilayered. The tariffs are the tool to allow us to get back in the game.
So far we have over a $7 Trillion dollar set of commitments to rebuild American manufacturing, the only way this was achieved was through those tariffs. The next 3 1/2 years will bring more investment. Think about it three and a half more years to go in the Trump Presidency. The thought makes some want to jump out a window, and others swoon. Me I just want a bowl of popcorn and to be able to lay out commentary on the show.
Reagan brought the U.S. 20 years of growth and stability with just tax cuts. A prosperity that was ate away at and squandered. Since 2000 it has happened on steroids, we spent the last 25years not just neglecting our infra structure but actively and purposefully dismantling it. The attack on fossil fuel has been a slow suicide whose poison has seeped into every aspect of our lives.
That is the other key piece to all this that Trump is putting back on the table, American Energy. The US has unlimited Oil and LNG, along with centuries worth of coal. We have no choice but to go through an energy boom.
We have the natural resources to not only build and power a new manufacturing base, we have the abundance to supply other nations. Creating a wealth and power base that our economy has never had. The U.S. controlled the Oil market because we are it’s largest consumer. We were never it’s largest supplier. That is now about to change. We will dominate the supply side of the market in the next ten years, controlling both sides of the equation.
The nice thing about oil and gas production and export is that most of the pieces are already in place. Even the export facilities, they were just about complete at the end of Trumps last term. We need to drill and flood the market. Within two years we will begin to see the effects of this production and these exports rippling through every layer of our economy.
Reagan brought 20yrs of prosperity with a tax cut. Trumps tax cuts are already in place and not the only piece he has put on the table. The manufacturing investment is the first piece, the drilling and exporting of fuel is the second. Those two pieces if allowed to be achieved will give the nation a boon for the next 40 years if not longer.
I do say if allowed to be achieved. I say it because face it Trump is crazy, and no one in power here, or anywhere in the world likes him. Except of course Bibi, but they share a lot of the same personality traits. The Circus is in town, it will be here for the next 3 years. I think it will be a great show filled with tons of drama and excitement, both positive and negative. I say enjoy it.
The rest of the world will adapt, unless of course they lack the ingenuity and backbone to do so. I believe they have both those traits. Once they stop squealing like scorched cats they will adapt and find their equilibrium.
I mean face it, Unless you are buying a truck an American car isn’t worth exporting. The American automobile industry hasn’t made a good car since 1976. The reason for that being primarily café standards. We do produce tons of other things, including shortly an abundance of gas and oil. What the rest of the world has to grasp is this is not about competing on an individual balance of product trade. Car vs Car, Shoe vs Shoe, not even electronic verses electronic. This is about a balance of capital trade. We want you to buy our goods at as close to a balance as possible. If we buy a Billion in your products, you should buy at least a half billion of ours. If not we will Tax/Tariff your nations to make up for your lack of purchasing equity.
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