Inflation Issue

High Tariffs On Major Trading Partners Will Devastate The American Economy!

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If Donald Trump follows through on his threats to add a 25 percent tariff on all imports from Canada and Mexico, and 10 percent on Chinese imports, it will devastate the American economy in short order.

Besides worsening relations with our three major trading partners, it will cause massive rises in prices on all kinds of goods, such as:

Clothing
Furniture
Household Appliances
Toys
Food
Automobiles
Travel Goods
Smart Phones

It will worse our relations with our neighbors, and destroy the USMCA trade agreements, promoting distrust with both Canada and Mexico, who share thousands of miles of boundaries, and undermine our relationship with China, our leading rival in world affairs.

It will be destructive of international relations, and of American economic progress, which had advanced under Joe Biden, despite the inflation problem.

If Americans voted against the Democrats on the inflation issue, they will get a rude awakening under Donald Trump, as we will have similar situation as we had in the Great Depression due to Herbert Hoover and the Smoot-Hawley Tariff of 1930, and the Panic of 1893 due to Benjamin Harrison and the McKinley Tariff of 1890.

Imagine That: Rand Paul Is Correct On Two Matters!

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This author and blogger has never been a fan of Republican Senator Rand Paul of Kentucky, who, like his father, former Congressman Ron Paul of Texas, is a libertarian.

But suddenly, and amazingly, one has to say that Rand Paul is totally correct on two pending matters!

Paul has come out to condemn use of the military in the deportation of immigrants, as going against the Constitution, as it is the job of civilian law enforcement to deal with such an issue!

Paul also denounced the pending imposing of 25 percent tariffs on Canada and Mexico, and 10 percent tariffs on China, that has been announced by Donald Trump.

Correctly, Paul says it undermines our relations under the USMCA trade agreements with Canada and Mexico, and promotes increased tensions with China, and will cause massive inflation of prices of food, gas, housing, and other parts of the economy.

The people who voted for Trump out of stupidity and ignorance on the issue of inflation will now face, as we all will, a major jump in the inflationary spiral.

This will, hopefully, at least, disillusion those voters and transform them back to support of Democrats in the future, but only after causing mass suffering among the middle class and the poor, while the wealthy gain massive tax cuts, that will add trillions to the national debt!

Realignment Seems To Have Occurred, But It May Not Last Past Next Presidential Election!

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The Democratic Party has received a heavy rebuke from voters, who once could be counted upon to remain in support of the party.

It is mind boggling that 46 percent of Latinos, 39 percent of Asian Americans, 20 percent of African Americans, and working class Whites abandoned the party that promoted civil rights and social justice reforms over the 90 years since Franklin D. Roosevelt and the New Deal in the 1930s.

But their “abandonment” is more centered around the key issue of the economy, the reality that the COVID 19 Pandemic created high inflation which finally, but belatedly, has been overcome in recent months.

Overall, the economy has done well, but since people think first about the issue of groceries, gas, and other costs that had been mounting, they decided to avoid dealing with the other issues so important out there, such as survival of democracy, abortion rights, and foreign policy concerns.

The inability of Joe Biden to deal with the problem of immigration at the border also was effectively used by Republicans, along with creating the false issue of transgender rights.

Donald Trump is not going to keep the support of the groups who voted for him, once they realize he is only concerned about corporations and the wealthy, and is on the road to another massive tax cut, adding trillions to the national debt, and imposing tariffs that will raise the cost of living for the people who decided to support him.

Donald Trump is assured to antagonize and alienate groups that will realize they have been taken advantage of, and as long as the Democratic Party comes up with new proposals and plans and have a dynamic primary season for the 2028 Presidential nomination, the party will be able to retrieve what they have lost!

Democrats Have Cleaned Up Republican Economic Messes Since 1953!

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It is amazing how Republicans have lied incessantly for the past 70 years about the economy under Democratic Presidents, when it is such Democratic Presidents who have revived the economy after Republican Presidents managed to preside over economic recessions.

John F. Kennedy and Lyndon B. Johnson presided over economic prosperity in the 1960s, after three recessions under Dwight D. Eisenhower.

Jimmy Carter presided over an economic recovery from the Recession of 1974-1975 under Richard Nixon and Gerald Ford, but sadly had to deal with another short lived, six months, recession in 1980, which was one of the factors, but not the most important, in his defeat, as the only Democratic President who had an economic decline since 1953.

Bill Clinton presided over an economic recovery from the recession under George H. W. Bush in the early 1990s, having a long period of economic prosperity.

Barack Obama presided over a long economic recovery from the Great Recession of 2008-2009 under George W. Bush, over 75 months from 2010-2017.

Joe Biden presided over revival of the American economy, from a great economic recession in office in 2020 under Donald Trump, a time of dramatic economic loss due to the Covid 19 Pandemic.

While there were moments of high inflation under Joe Biden due to the aftermath of the Pandemic, as with all Democratic Presidents, there was job growth, with most jobs created under them, and the percentage under Republican Presidents being very few under Presidents Eisenhower, Nixon, Ford, Reagan, and the Bushes, and a massive job loss under Donald Trump.

These are economic facts, no matter what Donald Trump and Republicans claim to be the truth!

Six Months To Presidential And Congressional Elections

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It is precisely six months to the Presidential and Congressional Elections of 2024, and polls indicate an extremely tight race for both the White House and control of both houses of Congress.

However, the fact that Donald Trump is unleashing lunatic statements and authoritarian threats daily, and is mired in a courtroom four days a week, are negatives that are affecting independent voters and undecided voters.

And abortion rights is seen as a definite loser for Trump and Republicans, as the vast majority of those polled, and particularly among women, clearly want women to control their own bodies and destinies.

The issue of the Israel-Hamas War, while creating problems for Joe Biden in Michigan, in particular, seems likely to calm down, as Muslims and Arabs voting for Donald Trump would not promote a different policy, as Trump has a record of working to persecute Muslims and support Israel.

The economy, and particularly inflation, is an issue, but one must remember that Trump did promote the largest tax cut and increase of the national debt for any one term President, and the economy was in free fall due to his inability to deal with the COVID 19 pandemic adequately.

The fight for control of both houses of Congress will be a bitter one, with the likelihood that both houses will have very small margins of the majority, with the House of Representatives likely to go Democratic, but the US Senate likely, at this point, to swing Republican.

So federal judge appointments and more environmental executive orders are crucial for the Democrats and Joe Biden to accomplish in the next six months.

And constantly reminding Americans of the danger to American Democracy cannot be emphasized enough.