Industry

The US-China Tariff “War” Will Decimate The Agricultural And Industrial Economy, And Insure Trump’s Defeat In 2020

President Trump’s decision to go to “war” with China on tariffs will have the effect of decimating the Agricultural and Industrial economy, insuring Trump’s defeat in 2020.

Farmers are going out of business, and are not going to vote for Trump based on other issues, as the “pocketbook” issue will be paramount.

And the estimate is that hundreds of thousands of jobs in industry will be harmed by the tariffs on iron, steel and other metals used in industry, causing a massive increase in the cost of kitchen appliances, automobiles, and a multitude of other goods based on the use of metals.

China will farm out their economic activities to their neighbors, and will be far less willing to help Trump with Kim Jong Un of North Korea, who promoted the firing of missiles this week, showing he is not ready to negotiate with Trump. Trump is reacting in a cowardly way, as he has his whole future based on dealing with North Korea, but alienating China is another of many stupid moves by an incompetent President, who should be forced out of office pronto!

“Change” Elections: 1800, 1828, 1860, 1896, 1912, 1932, 1960, 1968, 1980, 2000, 2008, And Now 2016?

America has now had 58 Presidential elections, and it can now be said that 12 of them, about 20 percent, have been transformational elections.

In 1800, for the first time. the “opposition” won the Presidency, when Thomas Jefferson defeated John Adams.

In 1828, the “common man”, Andrew Jackson, was elected over John Quincy Adams, and all white males over 21, whether or not property owners, were able to vote, and Jackson was perceived as representing the western frontiersman and the urban worker.

In 1860, Abraham Lincoln’s victory ushered in a new political party, the Republican Party, as dominant for the next half century, and the Civil War developed out of the split over slavery and its expansion between the Union and the Confederacy. But the sectionalism of that period still exists in many ways in 2017.

In 1896, William McKinley’s victory over William Jennings Bryan promoted the growth of industry and urbanizastion over the previously predominant agricultural and rural nature of America, but in reality, that conflict still exists in 2017.

In 1912, the high point of progressive reform, and the evolution of government playing a major role in the economy from that point on, became a long term reality, with three Presidents–the past President Theodore Roosevelt; the incumbent President William Howard Taft; and the future President Woodrow Wilson—all competing in promoting what one could call the most reform oriented election, with all three Presidents being “progressive” to different degrees.

In 1932, Franklin D. Roosevelt’s victory over Herbert Hoover, was the time of the beginning of Democratic Party dominance, and ever bigger national government, even beyond the Progressive Era of the early 20th century.

In 1960, the election of John F. Kennedy was the triumph of overcoming the “religion issue”, as our first non Protestant President, a Roman Catholic from Massachusetts, was accomplished.

In 1968, the election of Richard Nixon marked the beginning of a turn to the Right, although Nixon actually continued and expanded elements of the Great Society of Lyndon B. Johnson in domestic affairs.

In 1980, Ronald Reagan’s victory marked the sharpest turn to the Right since Calvin Coolidge in the 1920s, and began an era of conservative government, that in many respects, continued under his successors, George H. W. Bush and Bill Clinton.

In 2000, the Supreme Court intervention in the Florida vote count, and the awarding of Florida to George W. Bush by 537 votes, giving him the Presidency, was a revolutionary change that changed the course of history, when Al Gore won the popular vote by more than a half million, and with the economy having improved during the Clinton years, should have led to Gore in the White House.

In 2008, Barack Obama’s victory over John McCain was a sharp turn to the left after what were arguably 40 years of conservative government to different degrees, including under Democrats Jimmy Carter and Bill Clinton, and Obama overcame the race issue, in becoming the first African American President.

And now, in 2016, Donald Trump’s victory MIGHT be a sign of another “change” election, with the white working class voting for Trump, giving him the victory in the Electoral College, even though rival Hillary Clinton won the biggest popular vote margin of a losing candidate (2.85 million), greater than many Presidents won on their road to the White House,

But it may eventually be seen as a “fluke” election, and may not be long lasting, and only time and events will tell us what the reality is.