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January 26, 2017

Trade is not a "welfare operation" nor a zero-sum game.

Trade is not a "welfare operation" nor a zero-sum game. With regard to economic protectionism, I take it for granted that economically less-developed countries should protect their infant industries and the people who work in these industries through industrial policies.

Free trade was, and is still, beneficial to any economy of the world. The principle of free trade, which was championed by two Agro-Saxon economies, was always forced on less-developed economies.

If the globalization of economy is hurting the "rust belt" region in the US, and the gap between the rich and the poor in the country is widening, some feasible industrial policies and social programs should be adopted in the country. Crony capitalism is not the answer.

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January 25, 2017

Donald Trump doesn't understand the difference between foreign direct investment and trade.

Trump is stupid. He doesn't understand the difference between foreign direct investment and trade. Japanese car manufacturers are employing a lot of American workers in the US. Many of the "Japanese" cars are made in the US. Speaking of trade, Japan does not have any arbitrary procedures that work against US car makers when they sell vehicles in Japan.

His slogan "America First" does not work. His "protectionism" does not protect workers nor consumers in the US. This slogan is based on his ignorance and unfairness.

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January 23, 2017

About protectionism

The US should join the Commonwealth of Nations. Or, is the U.K. going to become the 51st state of the "Divided" States of America? Both options are not impossible. Are we going to see the collapse of "globalism" imposed by the two Anglo-Saxon empires in history on economically-less-"developed" countries of the world?

I wonder how the ex-empires can become "great" again without the benefits attributable to the process of globalization of economy that they championed.

I am not against "moderate protectionism" of any country for the purpose of protecting their infant industries and the workers who belong to them, although this means the sacrifice of the rights of consumers in the country.

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January 21, 2017

"Right-wing political correctness"

Political correctness can take the form of "right-wing political correctness". I think that Trump and the people around him demand this. He is too thin-skinned to accept critical comments on his inconsistent "policies" and probable conflicts of interest. He may become the most irresponsible and corrupt president in the history of the US.

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January 13, 2017

Who are "conservatives"? Who are "liberals"?

Many people in the US think that the antonym of "conservative" is "liberal". I think that this dichotomy is strange.

I think that if "conservative" means trying to preserve or protect something, its antonym should mean "changing" something. On the other hand, what is the antonym of "liberal"? If it means freedom of something, its antonym should mean "restriction" or "ban" of something.

Conservative are liberals, and liberals are conservatives.

Environmental protection, gun control, ...
I think that people who call themselves "conservative" in the US tend to want more climate "change" and looser "restrictions" on selling guns. I don't think they are entitled to be called "conservatives".

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January 08, 2017

It is not easy to prove that the hacking activity had "no effect" on the election.

"The report, reflecting the assessments of the C.I.A., the F.B.I. and the National Security Agency, stopped short of backing up Mr. Trump on his declaration that the hacking activity had no effect on the election.
'We did not make an assessment of the impact that Russian activities had on the outcome of the 2016 election,' the report concluded, saying it was beyond its responsibility to analyze American 'political processes' or public opinion."
‪Putin Led a Complex Cyberattack Scheme to Aid Trump, Report Finds http://nyti.ms/2jbRig6‬

It is not easy to prove that the hacking activity had "no effect" on the election. You need to analyze the entire political process and public opinion in detail, which is next to impossible.
One the other hand, logically speaking, it is easier to prove that the hacking activity had some effect on the election.

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