The Era of Trump?

[Rajoo]

[QUOTE=Dondilion;435921]

Originally Posted by donquixote99

Globalization has big support from powerful sectors in US and Europe; that is from those who see themselves as internationalists. They view commerce and trade from a global perspective. They could care less if their country got hollowed out.

So protectionism (aka MAGA) is better for the consumer than globalism?

[Dondilion]

[QUOTE=Rajoo;435922]

Originally Posted by Dondilion

So protectionism (aka MAGA) is better for the consumer than globalism?

Protectionism as a tool has been used successfully many a times... The British, Germans, Americans. Sometimes the consumer has to pay for the overall wellbeing of the worker. Without protection - there goes the social contract of the worker. The US has increasingly become just a consumer supervised by financialists.

Biden saw the Chinese cars coming and raised the tariff from 27 to 100% to protect American workers.

The Chinese have reached a stage in their manufacturing where protectionism against it is a must. That is why Janet Yellin, shouted "over capacity".

[finnbow]

[QUOTE=Dondilion;435923]

Originally Posted by Rajoo

Protectionism as a tool has been used successfully many a times... The British, Germans, Americans. Sometimes the consumer has to pay for the overall wellbeing of the worker. Without protection - there goes the social contract of the worker. The US has increasingly become just a consumer supervised by financialists.

Biden saw the Chinese cars coming and raised the tariff from 27 to 100% to protect American workers.

The Chinese have reached a stage in their manufacturing where protectionism against it is a must. That is why Janet Yellin, shouted "over capacity".

Are McDonalds' Island penguins also an existential threat?

[donquixote99]

[QUOTE=Dondilion;435921]

Originally Posted by donquixote99

Globalization has big support from powerful sectors in US and Europe; that is from those who see themselves as internationalists. They view commerce and trade from a global perspective. They couldn't care less if their country got hollowed out.

Hollowed-out sounds really bad. What does it mean?

[RickeyM]

There you have it folks. Paying more for goods and services is the patriotic thing to do.
MAGA!

[Oasis]

Watched a bit of the Trump cabinet meeting, a circle jerk with everyone praising him for the imaginary things he is doing, the only thing missing was them calling him Dear Leader.
Otherwise it looked like something out of North Korea.

[Dondilion]

[QUOTE=donquixote99;435929]

Originally Posted by Dondilion

Hollowed-out sounds really bad. What does it mean?

A decline/transfer of major industries and an attitude of super dependence on the outside for basic needs: for instance medicine and medical equipment.

[Oerets]

Originally Posted by RickeyM

There you have it folks. Paying more for goods and services is the patriotic thing to do.
MAGA!

Enlightening look into the "minds" of the MAGA crowd. Before the election, cost of goods and services was the number one reason they voted for Trump over Biden.
Right?

[Chicks]

Originally Posted by Dondilion

Globalization has big support from powerful sectors in US and Europe; that is from those who see themselves as internationalists. They view commerce and trade from a global perspective. They couldn't care less if their country got hollowed out.

Carrick Ryan

The American working class have been sidelined, devalued, and left behind by the globalised economy; but their wealth was taken by the top 1%, not Chinese factory workers.

[NipperDog]

Originally Posted by Oasis

Watched a bit of the Trump cabinet meeting, a circle jerk with everyone praising him for the imaginary things he is doing, the only thing missing was them calling him Dear Leader.
Otherwise it looked like something out of North Korea.

I saw that too and was wondering if they're forced to demean themselves like that at every cabinet meeting.