Don't lose too much sleep; she isn't going to be sweeping the streets anytime soon.I feel so sorry for Hillary, her husband cheated with Monica Lewinsky and now she's failed to become president on TWO occasions
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That's trueDon't lose too much sleep; she isn't going to be sweeping the streets anytime soon.
You've highlighted the classic case against tariffs and it's a valid one. You've also got to make sure that your own manufacturers can fill the gap that restricting imports will create. But we've been sold a story that globalisation and trade liberalism is an unequivocally good thing when clearly there are numerous negative consequences in that as well.So what would you propose? If imported goods are better and/or cheaper, how would you propose to force people to buy the more expensive inferior goods? Would you impose import tariffs and thereby burden everyone with higher costs than they would otherwise have to pay, i.e. make everyone poorer? Or pump in government subsidy to make the domestic goods artificially cheaper? And if so, how would you fund that? By taking money off everyone and making everyone poorer.
Propping up uncompetitive industry does not work, never has worked, never will work. I give you British Leyland, Rolls-Royce (once nationalised), the entire UK coal industy, British Steel. I could go on and on. And by the way, have you ever worked with with these businesses? I have, extensively. They were all a complete joke.
A much better long term solution is to encourage high quality, high value-add activity where high wages can be justified and sustained and gradually transition away from low-cost, low-value add activites leaving the countries that want to do the "shit" jobs to have them. British Steel (later Corus) realised just this back in 1999. They saw that their USP was their expertise in how to make high quality steels for particular requirements, NOT the actual making of it. It was the IP that was valuable, and they saw that there was going to be no money to be made in doing the shitty work of actually making the stuff. Unfortunately they didn't have the bottle to actually do anything about it, having had this realisation, so they just sat and waited for the inevitable.
The rich voted for Trump?
I thought he'd done particularly well with white working class, non college educated, males?
I suppose it depends on the classification of rich, but seeing as he lost the popular vote and won the states that are generally less affluent I'm at a loss to marry the two up.
Congress is Republican, the House is Republican and President is Republican. I doubt he’ll be losing too much sleep about getting stuff passed.The US has form for voting in absolute clowns, Nixon, Reagan, Bush so this fuckwit getting a turn in the oval office ain't as big a suprise as you would think. The difference being he ain't been in public office before.
Let's see how all the trump supporters who expected all his piss and wind speeches to come true react, when they realise the president may be powerful, but Cogress is the real ruler and I would doubt some of his rhetoric will be passed by them.
In the end this year has hopefully proved that capitalisms 30 year experiment with a neoliberal model alienating the many while rewarding the few that has left many disenfranchised and anti the old establishment heads.
Also Clinton won the popular vote but the electoral college is as fucking useless as our fislrst past the post shote
I'm not into world politics but I said it the first time I heard his story... he's already a billionaire that's the worst possible candidate for most of the population because who's interests do you think he will want to protect? The working class and the poor... or the rich and powerful? If money is power and power corrupts(and absolute power corrupts absolutely... you know the saying), then the soon to be most powerful man in the world could be bad for so many people.
You've highlighted the classic case against tariffs and it's a valid one. You've also got to make sure that your own manufacturers can fill the gap that restricting imports will create. But we've been sold a story that globalisation and trade liberalism is an unequivocally good thing when clearly there are numerous negative consequences in that as well.