"Actual-investment, by which I mean the allocation of capital toward the development of new productive capacity—the building of structures, the installment of machines, the creation of intellectual property—has been weakening in America for decades now."
And you feel that selling to Japan will help us alleviate what you just stated above?! wow!
Doesn't this just give the Japanese all the real say and using their expertise? With the majority of that money going back to Japan. Yes, it will. (Shows also how desperate Japan is getting). This definitely won't convince young sharp minds to want to turn from finance and go towards engineering STEM types of occupations? This is conceding defeat to we can't grow our own.
And please remember, Japan is our friend because it is so profitable to be so. When that no longer exists, they will be long long gone. Let's not get too chirpy on who's my buddy stuff. That can change really quick. It's all about leverage and you give that up here down the road.
Besides look how well we did back in the 1800's when we had massive tariffs to protect our manufacturing base.
And how well the Germans and Japanese did after WWII when we gave them all the advantages to export to us and guaranteed their safety. Then wondered why in the 70's they were kicking the crap out of us? The US companies had to compete with one arm behind their backs, so to speak. What a joke, and along with crazy rate hikes from Volcker over reacting, for whatever reasons? Somebody made some money there?
Then letting China in 2000 enter the WTO and we know how that fiasco is going. All the special privileges they got out of that arrangement. This also what is going to be the final kill off of the neocons. They were so wrong about a lot of stuff but especially this China thing. Though again, somebody made a lot of money here. And probably still are.
Trump said he would not let them sell to Japan either! Correct answer.
The free traders say protecting them will make them weak. Just read what Charles Darwin said! What is trying to be said here is just give a level playing field. Not all the advantages to the other side. Make fair rules and then STICK to THEM. They ALL have to follow.
Tariffs need to come and if not, game is up. Period.
No need bashing democrats just to bash democrats. Not everything they say is wrong. Some are good ideas.
Your words below:
"Actual-investment, by which I mean the allocation of capital toward the development of new productive capacity—the building of structures, the installment of machines, the creation of intellectual property—has been weakening in America for decades now."
And you feel that selling to Japan will help us alleviate what you just stated above?! wow!
Doesn't this just give the Japanese all the real say and using their expertise? With the majority of that money going back to Japan. Yes, it will. (Shows also how desperate Japan is getting). This definitely won't convince young sharp minds to want to turn from finance and go towards engineering STEM types of occupations? This is conceding defeat to we can't grow our own.
And please remember, Japan is our friend because it is so profitable to be so. When that no longer exists, they will be long long gone. Let's not get too chirpy on who's my buddy stuff. That can change really quick. It's all about leverage and you give that up here down the road.
Besides look how well we did back in the 1800's when we had massive tariffs to protect our manufacturing base.
And how well the Germans and Japanese did after WWII when we gave them all the advantages to export to us and guaranteed their safety. Then wondered why in the 70's they were kicking the crap out of us? The US companies had to compete with one arm behind their backs, so to speak. What a joke, and along with crazy rate hikes from Volcker over reacting, for whatever reasons? Somebody made some money there?
Then letting China in 2000 enter the WTO and we know how that fiasco is going. All the special privileges they got out of that arrangement. This also what is going to be the final kill off of the neocons. They were so wrong about a lot of stuff but especially this China thing. Though again, somebody made a lot of money here. And probably still are.
Trump said he would not let them sell to Japan either! Correct answer.
The free traders say protecting them will make them weak. Just read what Charles Darwin said! What is trying to be said here is just give a level playing field. Not all the advantages to the other side. Make fair rules and then STICK to THEM. They ALL have to follow.
Tariffs need to come and if not, game is up. Period.
No need bashing democrats just to bash democrats. Not everything they say is wrong. Some are good ideas.