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  1. #241
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    Re: Republican Hypocracies

    Quote Originally Posted by Squatch347 View Post

    Unrelated, but more in the spirit of the thread. I wouldn't call this hypocritical (since he isn't actually breaking a rule he has established) so much as inconsistent. But the inconsistency is pointed out very cleverly by an economist I enjoy:

    Here’s a letter to the Wall Street Journal:


    Pres. Trump’s push to have Uncle Sam “buy American” is a slap in the face of the many people who voted for him because of his alleged business acumen (“In ‘Buy American’ Push, Trump Is Starting in a Hole,” April 21).

    Good business executives ensure that their firms do not incur costs that are unnecessarily high. Well-run businesses do not produce for themselves inputs that they can acquire from others at lower costs. Profitable firms spend shareholders’ money only to create value and never to create jobs for the sake of creating jobs.

    And yet Trump is actively trying to force American taxpayers to spend more than is necessary on the provision of government services. This supposedly brilliant businessman fancies that he’ll somehow make us richer by draining more money from our pockets. Such an incompetent chief executive deserves to be fired.

    Sincerely,
    Donald J. Boudreaux
    Professor of Economics
    and
    Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
    George Mason University
    Fairfax, VA 22030

    http://cafehayek.com/2017/04/dont-buy-it.html
    Yeah, I don't get this one. Government isn't a business or a family with a budget. Those are fleeting comparisons upon deeper examination.

    I disagreed with Reagan (and every other president since) when he began gutting the buy american provision. If this is true it's something I actually agree with Trump on.

    Trump has been trumpeted as some kind of brilliant businessman, I have my doubts and there's plenty of evidence to the contrary. I think he found out the hard way (hence the missteps) that being in charge of a government is miles away from being in charge of a business - which is probably the closest thing to be an absolute ruler or monarch of old.
    "Real Boys Kiss Boys" -M.L.

  2. #242
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    Re: Republican Hypocracies

    Quote Originally Posted by CowboyX View Post
    I disagreed with Reagan (and every other president since) when he began gutting the buy american provision. If this is true it's something I actually agree with Trump on.
    This is your thread, so I don't want to drag it too far off course. But I'm genuinely curious what rationale you have for the "buy American" strategy.
    "Suffering lies not with inequality, but with dependence." -Voltaire
    "Fallacies do not cease to be fallacies because they become fashions.” -G.K. Chesterton
    Also, if you think I've overlooked your post please shoot me a PM, I'm not intentionally ignoring you.


  3. #243
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    Re: Republican Hypocracies

    Quote Originally Posted by Squatch347 View Post
    This is your thread, so I don't want to drag it too far off course. But I'm genuinely curious what rationale you have for the "buy American" strategy.
    First of all, I don't agree that buying american means necessarily a higher price. The federal government, especially, is a very large customer and can negotiate good prices....even possibly drive prices down which was the fear when Medicare part D came out.

    Second, there are benefits of supporting the home economy many of which are ancillary and other which may not even have a dollar value attached to them - such as making sure human rights aren't violated.
    "Real Boys Kiss Boys" -M.L.

  4. #244
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    Re: Republican Hypocracies

    Quote Originally Posted by Squatch347 View Post
    This is your thread, so I don't want to drag it too far off course. But I'm genuinely curious what rationale you have for the "buy American" strategy.
    It is a double-edged sword for Trump. He is a quasi-populist, but is focusing on the economy. Unfortunately, buying American means paying higher prices for goods which would be a hit to the middle class. However, using the economy as a reference for patriotism and the possibility that, in the short-run, a spike in jobs may occur from higher demand for American made goods could partially offset the negative impact higher prices could have. There is a third alternative here. Trump understands buying American (for the sake of buying American) isn't good in the long-run but is using this as leverage for renegotiating our free trade agreements. If he decreases American demand for imported goods enough, then he can go to the bargaining table with something to offer. Once he re-signs the global agreements, he can stop imploring people and companies to strictly buy American. I think 99% of the crap out of Trump's mouth is generally a ploy to gain some sort of leverage and/or remove the leverage from someone else.
    The U.S. is currently enduring a zombie apocalypse. However, in a strange twist, the zombie's are starving.

 

 
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