The US politics is full of empty slogans and misinformation.
I was reading about claims by Barack Obama and Trump vis-a-vis the state of the economy, whose policies left it in a better shape.
It would make an interesting analysis with proper tools to recognize the real environment inherited by both presidents, the influence of the monetary policies during their period but most importantly their direct role in shaping the US economy.
Unfortunately, in US media at least, nobody is talking about the real influences in the economy, the forces at play, with a lot of money power, that want to drive the economy in a "clear direction". We can talk about the beneficiaries of the government spending - like US defense and US health care - to industries sponsored through subsidies or punished because of well/not that well known public issue concerns - soft drinks, fast food, tobacco, chemical compounds.
One of the puzzling policies, for me, of the Trump administration was his bellicose posture and measures towards the Chinese businesses (in fact Chinese government, as the "hidden owner"). The real reasons of starting a retaliation policy were well known for too many years:
- Chinese currency manipulation for exports
- trade deficit with US and the majority of developed countries
- IP theft and economic policies (the "heavy-hand" attitude) for any enterprises formed on Chinese territory
- playing the market for agriculture products and flooding it with cheap products due to forced labor (see the Rotten series on Netflix about garlic and honey)
- cybersecurity threats and frauds coming from Chinese companies (see Huawei)
There are legit concerns coming from US companies faring their products in Chinese market, but my question is why only Trump had the courage to handle the issue in a "manly" manner? Besides his macho attitude or "winners take all" posturing, I wonder if there are other reasons that his tweets and measures were not somehow guided by a group of interests ready to penetrate the Chinese market with support bound in treaties and governed by an agreed framework. Trump, by himself, cannot sustain the battery of hits which the US economy have been receiving in retaliation.
Why no other president had the guts to even touch the problem or to start a dialog with China, until Trump? It is a very interesting topic and based on the people close to the negotiations and their past affiliations with direct donors to GOP you can draw a map of direct interests of the businesses behind the overhaul accord. Most importantly is what forces in the US business are behind the framework agreement between the two super-powers?
Obviously, once an agreement is reached, all other Western developed countries (Germany, UK, France, etc..) will want to get to the same level of fairness for their businesses. Will the treaty have hidden parts from the public/media?
I was reading about claims by Barack Obama and Trump vis-a-vis the state of the economy, whose policies left it in a better shape.
Photo by Jose Moreno on Unsplash
It would make an interesting analysis with proper tools to recognize the real environment inherited by both presidents, the influence of the monetary policies during their period but most importantly their direct role in shaping the US economy.
Unfortunately, in US media at least, nobody is talking about the real influences in the economy, the forces at play, with a lot of money power, that want to drive the economy in a "clear direction". We can talk about the beneficiaries of the government spending - like US defense and US health care - to industries sponsored through subsidies or punished because of well/not that well known public issue concerns - soft drinks, fast food, tobacco, chemical compounds.
One of the puzzling policies, for me, of the Trump administration was his bellicose posture and measures towards the Chinese businesses (in fact Chinese government, as the "hidden owner"). The real reasons of starting a retaliation policy were well known for too many years:
- Chinese currency manipulation for exports
- trade deficit with US and the majority of developed countries
- IP theft and economic policies (the "heavy-hand" attitude) for any enterprises formed on Chinese territory
- playing the market for agriculture products and flooding it with cheap products due to forced labor (see the Rotten series on Netflix about garlic and honey)
- cybersecurity threats and frauds coming from Chinese companies (see Huawei)
There are legit concerns coming from US companies faring their products in Chinese market, but my question is why only Trump had the courage to handle the issue in a "manly" manner? Besides his macho attitude or "winners take all" posturing, I wonder if there are other reasons that his tweets and measures were not somehow guided by a group of interests ready to penetrate the Chinese market with support bound in treaties and governed by an agreed framework. Trump, by himself, cannot sustain the battery of hits which the US economy have been receiving in retaliation.
Why no other president had the guts to even touch the problem or to start a dialog with China, until Trump? It is a very interesting topic and based on the people close to the negotiations and their past affiliations with direct donors to GOP you can draw a map of direct interests of the businesses behind the overhaul accord. Most importantly is what forces in the US business are behind the framework agreement between the two super-powers?
Obviously, once an agreement is reached, all other Western developed countries (Germany, UK, France, etc..) will want to get to the same level of fairness for their businesses. Will the treaty have hidden parts from the public/media?
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