politics

I wonder why Trump didn’t just appoint Bernie as his VP? They have the same understanding of trade, which is to say, they don’t understand it at all.

Lol Bernie isn't anti free trade, he's anti letting corporations ship off labor to cheap countries to maximize profits at the cost of the workers. There's way more nuance than you make it seem lmfao

🤷‍♂️ doesn't make it less wrong lmfao, plus you added commentary on it, that's wrong, I'm simply saying that your take that labor wise Bernie and trump are even close to similar is not right.

Bernie is closer to Trump on trade than any other recent president in history.

Bernie wants targeted tariffs that punish corporations for shipping off labor to exploit poorer countries.  He's against tariffs on Europe.

Trump is focused on closing trade deficits not just tariffs, he's focused on moving supply lines from China more than bringing labor back to America, and has caused a regressive tax that explicity target the working class.

They aren't even close to similar

Tariffs are tarfiffs. "They are not the same." No they are both governments meddling in the private contract between two people, putting the negative externality on the public, then all the benefits go to interest groups regardless if they are labor unions or corporations.

Both parties are completely guilty of this and the economic theory on why this is awful is below 👇👇👇

I am completely skeptical that in a global marketplace its our job to enforce tariffs on other countries who allow for exploited workers, or that there is any evidence that it actually works. It still just forces local consumers (your mom, pop, and single mothers) to pay more for things.

The talk goes into the behavioural economics on why people think its OK simply because the negative externality is spread across the public as if its statistical loss. A loss is still a loss and the economic data is right there.

The history of modern free trade in America has been to allow American corporations to profit off exploiting counties with poor labor conditions, I'm again 99% of tariffs except the ones that make it so American companies can't do that. 

There's a massive difference in free trade agreement with Europe and a free trade agreement with mexico in the 90s

Tariffs are tarfiffs. "They are not the same." No they are both governments meddling in the private contract between two people, putting the negative externality on the public, then all the benefits go to interest groups regardless if they are labor unions or corporations.

Both parties are completely guilty of this and the economic theory on why this is awful is below 👇👇👇

https://open.spotify.com/episode/0Muudfjd50Xu6vAMUXaAhW

"Punishing corporations who shipped off jobs" Bernie specifically says the ones who took advantage of poor labor conditions, not necessarily shipping off jobs ( this is why he's against blanket tariffs especially on Europe.)

And yes they are both taking a populist position, all other presidents have acted to protect capital.

As a left wing populist I think we should absolutely have free trade with things we can't produce here, but we shouldn't for example have free trade with mexico in the early 90s where workers conditions were so poor, wages were so bad, and companies exploited that cheap labor to increase their profit margins at the expense of the American worker

Still closer together than any other president in modern history though. Both reject the idea that all trade is good which I fundamentally disagree with. 

“Punishing corporations for shipping off jobs” is just punishing productivity, antithetical to the concept of comparative advantage. 

We shipped off jobs lower on the value chain and replaced them with jobs higher on the value chain. We are a post industrial society. It’s the Information Age, and our jobs should mostly reflect that.