By The Right Scoop


Not only does the ‘Donald’ criticize the President for suggesting that we want China to prosper so much that we won’t stand in their way, he also says that since we are losing so much money to China that he would welcome a trade war with them, because he says we would save a lot of money. He says that China is rebuilding themselves off our our money while devaluing theirs and at some point in the future they will destroy us:

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  • Anonymous

    We aren’t losing money to China. We’re getting lots of great products like iPods.

    If people are slackers who can’t compete in the global economy, I suppose they could apply for some of Obama’s welfare checks. Why do you want America to have a capitalist economy where poor people have to compete, if you don’t want the world to have capitalist economy?

    Do you think that by limiting the number of jobs in Germany, we will have more jobs in America? Oh, wait, we just wouldn’t have any market in Germany. Same thing applies to China.

    Ironically, Trump and Obama both agree on starting a trade war with China. Bama has been trying to start a trade war by attacking China’s currency and pandering to unions.

    Really, its the unions who want the trade war most, because they are always scared about people with different skin colors “taking our jobs.” Good job siding with the unions.

    • Vidg2003

      You don’t seem to get it. China engages in massive industrial protectionism, but we do not. Our industry is totally naked to foreign competition, which is protected by tariffs, legal or de facto. We need a tariff to be on economical equal footing with the rest of the world. Just because American companies lose in competition with China doesn’t mean they are less efficient, it just means China has an artificial advantage.

  • Anonymous

    I’d also like to see a trade war, just out of curiosity. The entire concept still eludes me.

    http://cafehayek.com/2010/10/if-trade-wars-were-like-real-wars.html

  • Anonymous

    A trade war with China would leaves us totally f***ed. Totally totally f***ed.

    I don’t trust them at all and quite frankly I wish the situation weren’t the way it was. They have 97% of the world’s rare-earth elements under their control and we need them.

    Also, unlike Donald Trump, most of us can’t afford things that aren’t made in China.

    • DisturbingBehavior

      Technically, they only control about 37% of the world’s reserve, but produce 97% of the world’s supply. It’s similar, IMO, to oil reserves around the world being held mainly by the Middle East, because of limitations in finding such resources in other areas.
      There are explorations for such elements going on around the world in as many countries as Australia, Brazil, Canada, Greenland, South Africa, United States, and Vietnam. Of course, as with any advanced country, Government can get in the way of such explorations (i.e. lack of exploration on federal land). As has happened in the past, the production of such elements will shift to other countries as they are found.

    • Anonymous

      Is this the same interview as when The Donald said China is buying precious resources in many places? which would lead me to question the 97% figure. For what it’s worth. I do think we really need to keep our heads when those about us seem to be losing theirs.

  • Anonymous

    Our whole economy since 9/12/01 (the day China was admitted to the WTO) has been built on a future VAT and Cap and Trade, both are failed ideas. Now we use the Bush tax rates, due to expire 12/31/10 as another argument.
    We have spread the wealth into the Persian Gulf, Russia, Japan, N Korea, and now China and India. For the next generation the only USA jobs are the ones created within Non Profit’s, working in the Health Industry, a money trader, or the Federal Government to redistribute the printed money to the slackers.
    A good trade war would be a good time to short Wal Mart and Target. Maybe it is time for me to get my truck drivers license to drive those containers arriving from China to the distribution warehouse.

  • Anonymous

    We are losing money to China, but it is not the fault of China. We are no longer manufacturing like we did. We even get fish, veg, all our “building supplies”, which Trump knows better then most. The list continues on and on. We know the reason, our government has made it to damn costly to stay here and produce any products and I believe that was his main point. By trade war, if he had spoken further, I believe he meant if we were to once again manufacture all that we used to, it would lead to a trade war and we would win because our products out shine theirs by a mile and that’s why he would love to see that. He also stated that China should think of themselves and desire success, just like we should be doing but aren’t. Capitalism for all countries is what Trump would say is best for all. I have studied this man’s political beliefs, and although a blowhard at times and immature statements once in awhile he is dead on and very insightful.

    • Vidg2003

      I think he means a tariff. He said we should tax Chinese goods. Sounds good to me. The Founders were for it.

      • Anonymous

        Yes your right, thanks 2003

    • http://community.livejournal.com/black_avenger_1/profile Virus-X

      Nah. Tariffs aren’t a good idea; two can play at that game, and we’re already in a significant trade deficit. If you want to stimulate a boom in manufacturing, you’ve got to water the grass, not piss on somebody elses’ lawn. Start massive deregulation, make investment a worthwhile venture (eliminate all capital gains taxes), allow companies to write off at least a significant fraction of R&D costs in their taxes, eliminate payroll taxation against companies (taxing them for giving people jobs) and slash federal income tax against both corporations and individuals. Slash and eliminate spending in all other un-Constitutional areas, so the US isn’t so tax-addicted. I’ll bet China wouldn’t even make too much of an attempt to match those actions, because China really isn’t about slashing taxes, deregulation and getting rid of government obstacles. Don’t try fighting the enemy by fighting their fight; fight them by fighting America’s fight. They cannot win. If they could’ve, they would’ve, by now.

      • Don17k

        I agree that tariffs aren’t the answer. I don’t think deregulation is, either. We’ve been there, and it isn’t pretty. We need to strip them of MFN status, and impose not tariffs on their goods, but higher standards. No more cheap crap, no more toxic contaminants. MFN status should be something they have to earn. They want to export to America, they should have to meet the same standards our goods do, regarding safety, purity and everything else.

    • http://community.livejournal.com/black_avenger_1/profile Virus-X

      Nah. Tariffs aren’t a good idea; two can play at that game, and we’re already in a significant trade deficit. If you want to stimulate a boom in manufacturing, you’ve got to water the grass, not piss on somebody elses’ lawn. Start massive deregulation, make investment a worthwhile venture (eliminate all capital gains taxes), allow companies to write off at least a significant fraction of R&D costs in their taxes, eliminate payroll taxation against companies (taxing them for giving people jobs) and slash federal income tax against both corporations and individuals. Slash and eliminate spending in all other un-Constitutional areas, so the US isn’t so tax-addicted. I’ll bet China wouldn’t even make too much of an attempt to match those actions, because China really isn’t about slashing taxes, deregulation and getting rid of government obstacles. Don’t try fighting the enemy by fighting their fight; fight them by fighting America’s fight. They cannot win. If they could’ve, they would’ve, by now.

  • http://www.facebook.com/profile.php?id=100000220027383 Troy La Mana

    This is the reason why I have said that our biggest enemy in the world is China. We need to pay off our debt to them so they no longer have any influence on this country.

  • Anonymous

    Good to hear from someone who understands how money works.

  • Anonymous

    Eliminate corporate taxes, put unions back in their place and watch manufacturing (and jobs) come flooding back here. THAT’s how you fight a trade war.

  • http://community.livejournal.com/black_avenger_1/profile Virus-X

    Eliminate all federal agencies and activities that require money to operate, but are not Constitutional.

    Eliminate capital gains tax. America, naturally, is more attractive than the PRC, when it comes to investors and people looking to open branch offices. If the Red Chinese want to see who’s more charismatic, they’re going to be embarrassed.

    Eliminate payroll taxation. Taxing a company because they hire someone is really stupid. Obama’s stupid idea of giving ‘tax breaks’ to companies that hire is nothing compared to telling companies they’re going to be set free from payroll taxation.

    Bone-deep cuts in federal income tax on both employees and employers. Some corporations don’t pay, because they think it’ll not be worth it, considering how much they’ll lose, hence their tax attorneys possibly gray-legality gymnastics. When they can see they’ll still make good money, even after some taxation, this will clear some problems up. Also, employees have the money to not only sustain themselves, but to stimulate the economy by buying things from these businesses.

    Make direct appeals to companies that relocate to China with incentives to leave and set up shop in the Continental United States, complete with long term tax breaks, including cuts in their federal income tax. Shamelessly steal business away from them (and India).

    Let the Laffer Curve roll, baby.

    • Don17k

      Historically, income tax revenue has come in at about 20% of GDP, no matter what the tax rate was. The Laffer curve has proved itself to be pretty much irrelevant. But lowering spending doesn’t lower the deficit by as much as expected, because it also lowers the GDP.

      Trump would welcome a trade war with China because they don’t compete with him directly on anything. Would he still welcome a trade war with them if they were pouring some of their profits into buying and building high-end New York real estate?

  • Nicjim66

    Donald,
    You are totally correct! Our government is slacking and the elite of theis country, all our political idiots, know what thet are doing! They are selling us out to China and making a killing off of it themselves. We let companies monve everywhere and take jobs and industry out of this country. It’s time we start fighting as a united group of individuals in this country and put a stop to being sold out. We elected these idiots we can fire them! It’s time as a U.S. citens to take back this country!!!!

  • Scott

    Mr. Trump

    Stay out of politics. You do not know what you are talking about. Stick with your shows, casinos and mistresses

  • Anonymous
  • http://www.facebook.com/people/Jonny-Chepe/100000337668180 Jonny Chepe

    Chris Chocola, president of the Club for Growth, called Mr. Trump’s potential candidacy a joke yet his web site leads here? I guess Chris is just trying to make a buck……FU@#!N hypocrite.