Pages

Wednesday, May 15, 2019

President & CEO 'beyond freaked' over China tariff hikes

We buy more from China than they buy from us, because we have a more robust economy than they do.  They are doing the jobs that American businesses need done, to keep their prices lower, which in turn boosts sales. That means that more people can afford things they would not otherwise be able to buy. In exchange China imports food from us, because that's all they can afford to buy and because their farmers and farms cannot keep up with our advanced farm technology, because they simply don't have the economy to support it.



Trump and his cohorts are looking at the world's top most layer and making decisions based on their reflexes.  Then they lie to cover up the fact that they're not getting the results they expect.  Trump has done nothing to improve the economy in his whole two years in office.  What we know about tax cuts tells us that, when Trump passed his tax cuts, the Obama economy absorbed the hit.  The Obama economy we still enjoy, has taken many Trumpian hits and it's still going strong, but eventually, if it's not fed, it will peter out and we'll be back to the old Bush economy, only this time the name will change to Trump.

No comments: