Message from @devpav

Discord ID: 513773579368792075


2018-11-18 17:46:41 UTC  

I think you already started to make the case for calling W's trade policy treasonous.

2018-11-18 17:48:33 UTC  

I don't take it lightly when the government starts attacking the American people, either.

2018-11-18 17:48:51 UTC  

I don't think so at all. I actually believe in the concept that by making the entire "world pie" bigger the US wins even as our relative share decreases. Our problem isn't that we're not making money on a much richer world. No, our problem is that these riches are not being shared well at all. Since I'm not a communist, I'm not sure how better to address that inequity. I think Bush II and Obama struggled with the same issue.

2018-11-18 17:49:28 UTC  

No solution was found

2018-11-18 17:49:51 UTC  

Trump's solution is to maximize our portion of the pie and be damned the size of it

2018-11-18 17:49:55 UTC  

The 'US wins' when the world pie gets bigger only if taken in the aggregate. Wealth inequality actually increases.

2018-11-18 17:50:11 UTC  

Our middle and lower class end up competing with third-worlders.

2018-11-18 17:50:17 UTC  

Who can always undercut them.

2018-11-18 17:50:22 UTC  

That's the challenge

2018-11-18 17:50:39 UTC  

You need to seriously rethink the problem if your premise is that growing the world's pie requires impoverishing the US.

2018-11-18 17:50:43 UTC  

The nation as a whole might get richer, but only the top 0.01% are actually getting that wealth. The tech billionaires.

2018-11-18 17:50:45 UTC  

How do we nurture a bigger world pie and still ensure the US gets more in terms of absolute if not relative value of it?

2018-11-18 17:50:57 UTC  

Agreed, Atkins

2018-11-18 17:51:05 UTC  

I don;t, devpav

2018-11-18 17:51:10 UTC  

We're not responsible for nurturing a bigger world pie.

2018-11-18 17:51:27 UTC  

It's not my responsibility to enrich Africans.

2018-11-18 17:51:30 UTC  

I think we nurture a bigger pie and ensure we get more in absolute terms if not proportionate terms

2018-11-18 17:52:02 UTC  

But if the whole world is richer they can buy more of our stuff. We all are enriched.

2018-11-18 17:52:20 UTC  

They don't buy our stuff. They buy China's stuff.

2018-11-18 17:52:28 UTC  

And China is not playing your stupid game.

2018-11-18 17:52:46 UTC  

They don't buy our stuff, they just produce it.

2018-11-18 17:52:57 UTC  

That has been the problem. Bush II let China into the WTO without any sense of what China would do

2018-11-18 17:53:12 UTC  

That has been the problem. Bush II let China into the WTO without any sense of what China would do

2018-11-18 17:53:27 UTC  

I don;t actually disagree with Trump that some agreements could have bene done better

2018-11-18 17:53:38 UTC  

Maybe we should start playing hardball with China then....

2018-11-18 17:53:39 UTC  

HMMMM

2018-11-18 17:54:10 UTC  

But Trump has shot himself in the foot on that

2018-11-18 17:54:12 UTC  

I'm sure W was aware what free trade with a third-world country of 1.6 billion people would do to us, but didn't care.

2018-11-18 17:55:18 UTC  

Maybe we should put an end to the free trade scam before it completely ruins us.

2018-11-18 17:55:28 UTC  

He's backed himself into a corner with NK and he outright rejected the TPP and so that just pushed nations into trading alliances led by China. At every turn, Trump just strengthens China's hand. The only saving grace we have is that China has overplayed their hand and other nations are starting to recognise them as the colonialists they've become.

2018-11-18 17:56:23 UTC  

The point is not to prevent China from trading at all, just to prevent China from trading with us on terms that screw us.

2018-11-18 17:56:39 UTC  

I don't disagree

2018-11-18 17:57:04 UTC  

I don't care if China trades with other countries on terms that we would refuse.

2018-11-18 17:57:24 UTC  

That's a rather short sighted view IMO

2018-11-18 17:57:56 UTC  

Short-sighted why, because it benefits us?

2018-11-18 17:58:54 UTC  

It doesn't benefit us. As China grows in power they can influence the world in ways we cannot counter. I kinda like a world with only one military superpower. It has a lot of benefits.

2018-11-18 17:59:27 UTC  

I am skeptical that China will ever rival the US in military power.

2018-11-18 18:00:01 UTC  

You all talk about us just bombing the hell out of people who support terror on our shores. Another superpower would make doing that difficult if not impossible. I actually remember the cold war.

2018-11-18 18:00:20 UTC  

It takes military power to maintain military supremacy. Trade policy doesn't decide that.

2018-11-18 18:01:31 UTC  

But an economically powerful China has the potential to be far more a threat that an economically weak Soviet Union ever was. Reagan ran the Soviets into the ground on economics. China won't go down that path.

2018-11-18 18:02:09 UTC  

China will have the resources to equal us whereas the Soviets bankrupted themselves trying