Economics

Donald Trump’s Insane Tariff Policy: An Economic Disaster If Ever Enacted!

Donald Trump is proposing massive tariffs on foreign nations and their goods, particularly China, without realizing such a policy is a true economic disaster!

History tells us high protective tariffs, as for instance under President Herbert Hoover nearly a century ago, with the Smoot Hawley Tariff of 1930, helped make an economic downturn escalate into a full scale Great Depression!

Back then, hundreds of economists took out an ad in the NY TIMES, pleading with Hoover to veto such action, but he paid no attention, and it caused his demise to Franklin D. Roosevelt in the Presidential Election Of 1932.

What Trump clearly does not understand is that it is middle class and working class Americans who will suffer the most, as prices of all kinds of imported goods will rise 20 percent or more, adding massively to the cost of living.

Trump is ignorant on economics, along with many other areas of knowledge and policy, and were he elected and able to accomplish his crazy economic ideas, it could lead to another Great Depression!

So the Presidential Election of 2024 is crucial on economic policy, as it is on so many other issues!

” Alternative Facts”: Denial Of Science, History, Economics, And Reality, By President Becoming More Incompetent By The Day

It is becoming more scary and horrifying by the day, as Donald Trump shows more mental incompetence .

He promotes “alternative facts”, which means lies, and denial of science, history, economics, and basic reality!

He says children going to school is not an issue or danger, and that the CoronaVirus Pandemic will go away soon, magically.

It is now clear, if not earlier, that our President is totally unhinged, insane, dangerous, and will likely be more so if he loses the election, and refuses to concede, or face the reality that he has to leave the Oval Office on January 20, 2021.

Anyone who tries to say that Joe Biden is showing signs of dementia, needs to think of all the evidence that it is Donald Trump who has shown dangerous levels of dementia, not Joe Biden.

Trump cannot pronounce words correctly, and recently, he was referring to Yosemite National Park in California, and called it YO SEMITE!

He is constantly slurring his words and making a fool of himself, as well as repeating statements over and over, and demonstrating a vocabulary that is high on extreme words, but showing no understanding of reality.

The thought that this man has the nuclear codes becomes ever more terrifying, as Trump starts to show evidence of total mental deterioration under the stress of realizing he is way behind Joe Biden in the states that gave him the electoral vote victory in 2016.

The Economy Over Character And Morality: The Typical Trump Supporter

It is very disconcerting that a large percentage of Donald Trump supporters admit they do not like his tweets; wish he would stop uttering a lot of his controversial comments and promotion of divisiveness; and yet still support him, all because of the stock market being up, and their 401 Ks being better, and many wealthy people getting massive tax cuts.

So economics, the evil of money, dominates them, and if Trump takes us into a war; or is destroying environmental laws; or undermining consumer protections; or is flirting with authoritarian leaders; or is destroying our traditional alliances with democracies; or is threatening civil liberties and civil rights; or is mistreating migrant children and undermining their physical and emotional health long term; or is out to destroy all regulations of corporate practices; or is turning our court system back to the Gilded Age; or is working to destroy all the good that came out of the New Deal of FDR and the Great Society of LBJ; well, that is not important as long as one’s economic prosperity is greater.

The fact that the economy being in good shape is due to the amazing revival under Barack Obama, and would most certainly have continued under Hillary Clinton, is often denied by such people. And they clearly do not give a damn what happens to the nation, as long as they, personally, are doing well economically. Nothing else matters, as this is a case of ME, MYSELF and I, and nothing else.

So character and morality and the harm being done to America does not matter as long as one is economically better off personally, so to hell with what is good for America!

What could be more despicable than that? But remember, a similar mentality existed in Nazi Germany in the 1930s, and look what it led to!

The Los Angeles Times And Climate Change Deniers: Kudos To That Newspaper!

The Los Angeles Times has decided to go on the offensive in a way that is very admirable!

It has decided it will NOT allow climate change deniers to use its website to continue to promote something that is well understood by scientists, and intelligent people in general, to be totally false, and destructive of dealing with the future of our planet.

Instead of stating that all viewpoints are equal, facts are being used, and ridiculous opinions will not see the light of day in that newspaper.

It is time for mainstream media to stop allowing extremist propaganda on science to be treated as a respectable viewpoint, and for religion to be restricted to the faiths involved, not to totally outrageous and false ideas as being fact, when they are not.

And the same applies to those who deny evolution. Let right wing media distort reality, but respectable media should NOT give any support to such viewpoints that have no basis for being considered valid.

We are in a struggle in which mainstream media has allowed the right wing to take over and poison not only science, but also history, economics, and innumerable other areas of human knowledge with their extremist propaganda. This must stop, and no attention paid to protests, as the answer is go to to other media, which have no respectability in the sensible, intelligent community, if they wish to learn falsehoods and lies!

So it is time for the New York Times, Washington Post, other prestigious newspapers, CNN, and the major television networks (ABC, NBC, CBS), and other respectable media to join together and preserve truth over lies and falsehoods!

And threats to boycott these media and threaten them economically should be defied by them as the only way to keep their legitimacy as a news source. This is a battle for the minds and hearts of future generations, and concessions to the right wing cannot be made in this eternal struggle for the truth!

Conservatives, Republicans, And Basic Knowledge: Science, Mathematics, History, Economics, Spelling And Grammar, World Diplomacy

Many Republicans and conservatives, whether in Congress, the news media, think tanks, or just ordinary citizens, have a real and fundamental problem with basic knowledge. It makes one wonder where they were when they were young, and supposedly being educated, and the indications that they have learned nothing new as adults.

Consider the field of Science, with many of the Republicans and conservatives believing in creationism, the BIble theory of creation, that claims the earth is maybe 10,000 years old at the most, and that dinosaurs walked with man, with a Creationist Museum open to the public in Kentucky, near the border with Cincinnati, Ohio. There is complete denial of Charles Darwin, to the point of total craziness.

Also, there is the failure of these people to accept that there is global warming and climate change, despite so much evidence that there is a problem, and refusal to plan for the future on the basis that we are facing a long range threat, with Senator James Inhofe of Oklahoma being the political leader of the “deniers”.

But also, many Republicans and conservatives seem to have their own version of the process of pregnancy and what is a rape, as for instance, defeated Senate nominees Todd Akin and Richard Mouroick.

But let’s move on from Science to Mathematics, and we are talking here about basic math, arithmetic, not geometry, trigonometry, or calculus. Many members of the GOP, including Paul Ryan, claim a magical system of numbers to come up with their budget plans, but as Joe Biden said to Paul Ryan in the Vice Presidential debate, it does not add up!

Then we move on to history, and the image that America is the greatest nation in history, and has never made a mistake, never needs to apologize, has no faults or shortcomings that anyone needs to learn about. And our exceptionalism is enough to wave in the faces of all nations around the world. Why should we teach or learn about slavery, mass murder of native Americans, discrimination against Jews and Catholics and other immigrants, the exploitation of labor by corporations, the destruction of our environment, the corruption of many politicians over our history, the war crimes committed by our troops in many wars, and so on? NO, that is unpatriotic, and instead we must sanitize all historical learning!

And the field of economics is another area of believing that the best system is NO regulation, and the promotion of Adam Smith’s Laissez Faire economics, expressed in the Wealth Of Nations, and if there is poverty or other human suffering, that is the way it was intended by God, so the promotion of Social Darwinism, the one time Darwin is utilized by these KNOW NOTHINGS!

Spelling and grammar do not matter, as many Tea Party radicals who hold rallies show their total ignorance of all subject matter, and cannot express themselves appropriately, and in a respectable manner! They march with signs that are misspelled, as with the Secession signs now being brandished by many of these characters, who are upset with the Obama victory last week!

World Diplomacy, the whole idea of trying to relate to other countries in a respectful manner, is also insignificant to many, who believe the answer is to BOMB everyone you do not agree with, throw our weight around, and not give a damn about how the world perceives us!

This ignorance and stupidity is totally unacceptable, and the Republican Party and the conservative movement needs to purge itself, or go into the dustbin of history!

The Ignorance And Arrogance Of Mitt Romney In So Many Areas Of Significance!

Mitt Romney is politicizing the tragic death of the US Ambassador to Libya in a disgraceful manner, which totally disqualifies him for the office of President of the United States!

Mitt Romney has not only now proved his ignorance and arrogance on this matter, but also on other areas of foreign policy. If somehow he was elected, the neoconservatives would take over, and we would be engaged in warfare against the Islamic world—Iran, Pakistan, Syria, Egypt—and continuation of the war in Afghanistan, and maybe going back into Iraq—as if we have the manpower, the capability financially, and the national commitment to continuous war! And the Russian Government has also indicated its distrust of America growing if Romney is elected President, so get ready for a new Cold War with that nation!

But this situation only proves further that Mitt Romney is not only ignorant and arrogant about foreign policy.

He has also demonstrated his willingness to be manipulated by the far right wing of the Republican Party, when it comes to the fields of science, economics, mathematics and history. Facts and reality do not matter to the ideological extreme, and falsehoods and lies are the menu instead!

It is clear that Mitt Romney would be a total disaster for America, and would make George W. Bush, Ronald Reagan, and Richard Nixon look good by comparison!

The Intercollegiate Studies Institute And Civic Literacy Testing

The Intercollegiate Studies Institute is an organization which promotes civic literacy among the American people.

In a survey done in 2008, it was discovered that the average American taking a 33 question test scored 49 percent, and more shockingly, college educators only scored 55 percent! But those in public office scored lower than the average citizen, only 44 percent!

The test deals with American history, government, and economics, and it demonstrates how poorly our citizenry is knowledgeable about its own institutions and traditions.

79 percent of those in public office did not know that an official establishment of religion is banned in the Bill of Rights! 43 percent do not know the purpose of the Electoral College! 54 percent do not know that the power to declare war resides in the Congress! 27 percent cannot name one right or freedom guaranteed in the First Amendment! And 49 percent cannot name the three branches of government!

The author of this blog is proud to announce that he got a 90.91 percent result, 30 out of 33, matching his son David, on the exam, with both of us somewhat stumped by economics questions, but fortunately, only three of them!

By the way, IF such an exam was given to Rick Santorum, who this week condemned liberals for the poor knowledge of American history in America, it seems certain he might not even score the average of 49 percent of the typical American citizen who participated in the exam in 2008 or the average of 44 percent of officeholders. And it is clear that Michele Bachmann and Sarah Palin would also fail miserably. Instead of them all blaming liberals, who have promoted an expansion of the American history curriculum to cover the history of minorities, women, and labor, from just the usual white male leaders of government and great business capitalists constantly idealized by conservatives, they might finally learn the truth and complete story of American history!