| JWeinCom said:
snip If you want a purely economic one based on Tariffs, you could look at the Smoot Hawley act enacted during the great depression. This tariff on foreign goods caused an incredibly steep decline in US Exports and greatly damaged US relations with other nations. It's debated how damaging this was, but you'd be hard pressed to find any economist who suggests this was a good move. snip Since you are not running for president, then please provide me with the president that you would vote for and the exact stance they they have on this given issue. Apparently you missed the point with the honey dick analogy so lets try another one. You and me are hanging out. I don't know why, but we are. You ask me what I want to do. I say "I don't know". You say, "hey let's call Jaleel White and take turns fucking him". And when I say, "No, I do not want to fuck Urkle", you say "well then please provide me with another idea." Your argument is retarded (no quotes for me), and it will be retarded no matter how many times you try to repackage it it will still be retarded. I'll put this in bold for your benefit. If an idea is bad, it is bad. It has nothing to do with any other alternatives. Fucking Jaleel White with a honey covered dick is not a good idea. I don't need any other ideas to judge this one. Stupid is as stupid does.
Now you're just lying. "Now you have companies cutting back in China and heading over to Mexico to manufacture an array of products. Not to mention that you have top American companies, like Ford (2.5 billion dollar plants), investing in Mexico as well. Then they will have to build this giant wall. Sounds like a lot of new job creation in Mexico if you ask me." You brought this up to show that Donald Trump's plan for Mexico made sense. Then when I brought up that it conflicted with other policies, you tried to spin it off to a totally unrelated topic. Your original argument was not "manufacturing in other countries is bad". And even if it were, that would be completely irrelevant to the topic at hand, so I'm not sure why you would have brought it up. Again, please provide another president that you would vote for that addresses the Mexico-USA border and their exact stance on the issue. And again this argument is retarded. Whether or not this is a good idea has nothing to do with what other ideas are out there. If it's a stupid idea, it's a stupid idea. Before we compare it to other alternatives, we need to evaluate if the plan itself is helpful or harmful. You only need to compare ideas if you have two ideas that each might be beneficial. But, if one idea is stupid, you don't have to bother going through that whole process, cause it's a stupid thing to do, and you shouldn't do it in any scenario. Sticking your honey covered dick (that was just in Jaleel white) into an electrical socket is a bad idea. I don't need to present another option to you, because it's clear that the idea is bad. We judge ideas based on its own merit. If it's not a stupid idea, show that it's not a stupid idea. |
I said significant trade war, and you managed to blast your shotgun and thankfully one example came out that was actually "significant". It is debatable whether or not the Smoot-Hawley tariff of 1930 caused the Great Depression and whether or not it affected the rest of the world. Almost every economist, who actually scrutinized the numbers, agrees that the Great Depression was not caused by increased American tariffs and therefore did not create this "trade war".
The Smoot-Hawley tariff applied to only 1.3% of the nation's GDP. America's tariff on goods went from 44.6% to 53.2% (not that significant). If you look at the years before the Great Depression (1821 - 1914), the American tariffs were higher in almost every year. If you look at the most notable years (1861, 1864, 1890, and 1922), then you will see huge increases in American tariffs without producing global depressions. Then you have the great recessions in 1873 and 1893 that was spread worldwide without the need for increase tariffs. Worldwide trade declined, but that was due to the Depression and not because of higher American tariffs.
Then you may think that other countries were doing a tit-for-tat by increasing their tariffs to get back at the increased American tariffs. These countries were simply doing it in response to the Depression itself (aimed to all foreign nations without any disctinction).
Even IF there was a significant trade war, what exactly does the United States have to lose? China, for example, are the ones that have a trade surplus to lose, not the US. The only way that the US can lose in a trade war is by having its trade balance get even worse, which is hard to believe considering the current state of the US right now.
Well then you could say that China could stop buying our Treasury Debt. Well wouldn't that just devalue the one trillion that they already own? This would also just depress the value of the dollar, which is exactly the opposite of their current currency manipulation strategy. There is also no easy way for them to dump 1 trillion dollars either.
You constantly say that Donald Trump's idea is bad because it would create a trade war or because you just say so. The Great Depression is THE most significant example of where there could have been a trade war, yet there shows absolutely no signs of a trade war when you look at the numbers. You just say an argument is bad based off of your opinion alone, which is totally dismissive.
Please provide, with evidence and not just your opinion, why Donald Trump's idea is bad and retarded.
