China Was Desperate for a Trade Deal, but the G-20 Agreement is a Mirage
This trade deal is not only vague, conditional and temporary — it will fail to stop the global economic slowdown.
This trade deal is not only vague, conditional and temporary — it will fail to stop the global economic slowdown.
If the Chinese sell us stuff and then "hoard" the money we pay them, that increases the value of the dollars we continue to hold here in the US, while also leaving us with more stuff to sell elsewhere.
Thanks to Trump's tariffs, discount stores have to raise prices — thus increasing the cost of living for ordinary Americans.
If modern claims about the harm of free trade are true, then Lincoln must have been helping the Confederacy with his military blockade.
Thatcher's infamous yet magnificent "Bruges speech," which was far from being anti-EU, was a stark warning against Brussels' power-grabbing central government.
In spite of claims they will benefit society overall, interventionist policies designed to benefit certain interest groups ultimately only help certain groups at the expense of everyone else.
The new trade agreement will be simply an amalgamation of the old NAFTA, the previously rejected TPP, and some new protectionist measures.
Much of Donald Trump's political rhetoric appears to be premised on "honor ideology" which places reputation and respect from others above all else, even at the cost of self-harm.
Both at home and abroad, the government causes the problems it says we need more government to solve.
Octavio Paz, defined government as "the philanthropic ogre," a creature that seemingly wishes to help the unfortunate, but at the same time devours more and more of the nation’s prosperity.