A Brain based on Ego - and contempt for Trade
 

At the cost of destroying jobs elsewhere, tariffs would save some jobs in steel—but only temporarily. Tariffs would do nothing to solve the industry's structural problems. American steel is really two industries: a group of low-cost, non-unionised mini-mills and an array of unionised, capital- and labour-intensive integrated steel producers. Mini-mills have been doing well: their share of the market has quintupled over the past 25 years. But the integrated dinosaurs, hobbled by high production costs, are horribly uncompetitive and have remained so despite (or more likely because of) a long history of protection. The only rational long-term solution is to allow most of them to go bankrupt.

You would think anyone with minimal intelligence would have basic economic knowledge to understand this. And learned from the resulting massive job destruction created by this mistake by George Jr.

Today, The Donald announced same stupidity. He has decided to protect anti-innovation (anti-American) steel dinosaurs a the expensive of steel reprocessors and other steel dependent industries.

We know the Donald hates trade. And we know he lies repeatedly to people who then believe his lies.

Anyone can learn what is and will happen. Those who forget history are doomed to repeat it. Those are the wackos who voted for and love the Donald.

Brains of I-beams

He's just protecting the status quo at the steel mills while he drains the swamp.

It's retaliation for Obama bailing out the auto industry.

Is he building a drain in the White House?

If that pipe is steel or aluminum, it will cost much more. No problem. Trump's agenda is a massive increase in our debts (while, as usual, enriching himself).

The guy never ran a successful company. But he knows how to enrich himself while screwing over everyone else. Victims will include the metal reprocessors - a productive part of America's economy.

And if this bluff of Trump's pays off in the end (for Americans) will tw acknowlege it?

Nope.

He'll just bark (loudly) about Trump's inconstancy.

tw has been well-trained.

Good doggie.

FIFY.

Reality does not change because henry quirk does not like it. But then only the emotional also post insults - and not one fact.

Only two Presidents who were business school gradates are George Jr and The Donald. We already know that George Jr is considered the worst president in the past 100 years with a 28% rating. The Donald is the only other business school graduate. He is vying to replace George Jr at the bottom of that list.

bears repeating
 

And if this bluff of Trump's pays off in the end (for Americans) will tw acknowlege it?

Nope.

He'll just bark (loudly) about Trump's inconstancy.

tw has been well-trained.

Good doggie.

Damn, guns are gonna get expensive.

From the Washington Post of 6 Mar 2018:

Trump cannot keep people long enough to do what he does best. "You're fired."

The little gray dejection clouds make them all look like they're pregnant and farting.