Yes. That's perfect. Hopefully he won't be able to levy the transactional tax on financial trading. That's all I care about. And it's good that he's not able to do anything. After four years he'll be gone and hopefully we will get someone better then. Biden sucks!! And his VP b**** sucks even more! It's this close because people are realizing that Biden is not that great and seriously his obsession with saving America's soul instead of jobs and lives is really concerning. He's gonna be another Jimmy Carter.
Well tariffs can't really compete with cheap labour+established supply chain+super cheap RMB currency. Trump levied tariffs but he kept the US dollar high which cut the cost of the import and that just negated all the effects of the tariffs. So maybe what he should've done in conjunction with levying the tariffs is also play the currency game. If the enemy can play it, why can't you? If the goal is to win??!! I mean US$ is SIX times more expensive than the RMB due to the Chinese government's intervention, that's a 600% counter-tariff from China right there on everything exported by America. If you can reduce that currency exchange rate, it would be far more effective than levying tariffs. It would look better on paper as well. Look no more tariffs, free trade! meanwhile make everything coming out of China more expensive while giving local manufacturing a chance and develop robotics at the same time. It's the technology that matters. It was the internet technology that Clinton invested in that skyrocketed economy and everything onto a whole new level and hopefully Biden can do the same with robotics technology. But then again Biden is NOT Clinton. There is only ONE Clinton and he can't come back for a 3rd term (No his wife is NOT the same) .
AP has Republicans +5 as I write this. Where does the 20 figure come from? Just made it up? Wishful thinking?
Trump could have fought China on the valuation of the RMB. I believe this was an issue between China and the US under GWB and Obama; but heard little of it under Trump (until you just mentioned it). Instead he gave our soybean farmers subsidies while China built new supply chains into Russia. That's winning! You said that every economic rally under a democrat president were from the Republican policies in the previous administration (the recessions weren't their fault however). Now you are saying its Clinton's investment in tech?!?!?
Brazil not Russia. I thought we had one more democrat president between Clinton and Obama. I forgot Clinton was right before the worst president in history, George W. Bush who did ABSOLUTELY nothing except crying at every single crisis. Yeah Clinton is an exception. He's the best president in modern times. It's his investment in high tech. that propelled the economy onto a whole new level. So wish we can change the number of terms for presidency just for him to come back...
Let's do something and expect it to have an immediate effect. To his credit Trump is the only politician to call out China. When Joe Biden was asked what his posture would be with China, he thought the topic was Chinese Food. Joe answered that he is not crazy about lice but occasionally likes an egg roll. Who knows. Maybe the Biden approach has merit.