In the 21st Century, No Nation Can Stand Alone, but Your Schoolyard Bully Doesn’t Understand International Economics

Op-ed by TheWiseOldFart

After the Great Depression began in 1929, Hoover and his administration attempted to restore America’s economy by placing tariffs on imports. This only exacerbated the situation. However, Trump is a schoolyard bully and doesn’t read or understand the lessons offered by history.

The truth is, free trade agreements stimulate the world’s economies. Trump doesn’t care about any other country, or the fact that in the 21st century, no nation can stand alone.

America’s economy is dependent upon consumerism. His choice to place excessive tariffs on every nation, including our allies, is founded in a mixture of arrogance and ignorance. He believes that he can bully other nations, and force them to obey his demands. This is what happens when a lifelong failure is chosen to lead a nation of 340 million people.

Remember what Trump did to America’s economy between 2017 and 2021. When he was evicted from the White House, our nation was nearing a second Great Depression, and more than eight trillion dollars had been added to the national debt.

Op-ed by James Turnage

Follow my blog and be informed

My ten novels are available on Amazon’s Kindle

 

Comments

Popular posts from this blog

The Real Victims in the Trump Saga

Aileen Cannon: A Corrupt Judge Appointed by a Lifelong Criminal

“The Economy is in ‘Pretty Good Shape?’”