December 19, 2018
What’s often lost in the Cohen, Comey, Flynn, Mueller shuffle - a more important issue, far more important with a far greater impact and reach - is the threat of globalism. Were it not for the leadership vision and the hard work of the Trump administration, we can be looking at a much less free and prosperous USA over the next 100 years.
The president's instincts - pushing for a border wall, renegotiating NAFTA, insisting on fair trade with China - are spot on. On almost every important issue, President Trump has held firm, even in the face of immense resistance from those who have made billions on the failed promise of globalism. But the president has faced enormous opposition in his efforts, and not just from outside his own party. He clashed with Gary Cohn, his now-former director of the National Economic Council.
"I am absolutely not offended by the term 'globalist' because I am a globalist," Cohn said on another cable news channel on Tuesday. "I believe we live in a globalized world. I think the United States is a very integral part of a globalized world and we have to figure out how to live as a good citizen of globalized earth. So, do the Chinese. So, do the Russians. So, do the Middle Eastern countries. But we are globalized. We cannot change that fact."
We have to figure out how to be "good global citizens." While that might sound really high minded, what's happened in the 20 years since China entered the WTO is not pretty. We ended up enriching other countries and lots of Wall Streeters like Cohn himself, as our own middle class suffered.
[...]Well, how did that work out? The Chinese are richer, sure. But we have a $375 billion annual trade deficit with China and the only "imagination" they brought to the game is in their plotting to steal America's innovations. Eighteen years after China's entrance into the WTO, even Trump's most ardent critics are conceding that basically, he's right.
"Let's be honest on one big fundamental point, Donald Trump is right. China is a trade cheat," CNN host Fareed Zakaria said. "The U.S. Trade Representative's Report to Congress on China's compliance with global trading rules is an exception worth reading. It lays out the many ways that China has failed to enact promised economic reforms, backtracked on others and used formal and informal means to block foreign firms from competing in China's market. All of which directly contradicts Beijing's commitments when it joined the World Trade Organization in 2001."
Bingo.
But even as the intelligentsia began to recognize reality, some liberal do-gooders in Hollywood and Silicon Valley are MIA. They're willing to bow to the Chinese censors to maintain access to the marketplace. Desperate to capture the Chinese box office, industry execs forgo most of any project that would offend their Chinese overlords. Where is that Mao film, Mr. Spielberg?
Scripts are altered. Movie posters redesigned. Previews edited. All to please their communist business partners.
[...]The Jamal Khashoggi's murder by the Saudis is still making news, and Trump is faulted for his response. But there is no equivalent media coverage or condemnation of China for its widespread ongoing horrific human rights violations. Access to the Chinese market has turned captains of industry into silent stooges and frankly, enablers.
Meanwhile, the political class is afraid of Goldman Sachs, hedge funds, and any big business that stupidly stakes so much of its future on a communist country. So the globalists don't really resist China. They resist Trump and are fighting the president, urging him to back off his tough trade policies with China.
"If you look at the arithmetic of Chinese exports to the United States, U.S. to China, and what the impact of tariffs is, again, it drives things in the wrong direction," former Treasury Secretary Jack Lew said recently.
"I think, in the long term, that's [tariffs on China] actually bad for American manufacturing - not a good thing," said Rep. Dan Kildee, D-Mich.
These are many of the same people who fought Trump on NAFTA and are objecting to a border wall. Isn't it funny how it works? It's like a Venn diagram.
For the moment, the president is standing firm. The United States and China are in the middle of a 90-day cooling off period in their trade tariff dispute. But Trump should not relent.
I agree. Entire article is here: https://www.foxnews.com/opinion/laura-ingraham-resisting-globalism-and-winning
Posted by: Timothy Birdnow at
10:40 AM
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