Outside this tax cut debate we seem to constantly be getting into with each other.
Just watched him with George S.
"When I came into office, I had to make sure the banks didn't fail and that the auto industry didn't fail"
They should have failed. None of them should exists in present form right now. No one tried to save typewriter factories in 1980.
The banks screwed up, they are still screwing up, mostly because you left the same people in charge. You had a mechanism to deal with this in the FDIC. You failed to allow nature to take its course and allow for an orderly restructuring of the system where depositors were protected and losers were punished. You also turned a blind eye to fraud.
On the auto industry, GM should have gone through the process of being broken up.
Overall on the policy of economics in international trade. If there is a country that is importing into your country that does not share your value on an issue, and not sharing that value leads to a competitive advantage, you tariff their goods to eliminate the economic advantage or you abandon your value. You can't keep a value that is economically a disadvantage and compete with the goods domestically.
There has been, and never will be something called free trade between nations. Trade always has a cost. Tariffs are protective if you value something. If you allow another nation to produce goods by dumping Mercury in the water and it makes their goods cheaper not taxing the hell out of those goods is stupid.
Frankly I view the WTO, UN, and the IMF as threats to US Sovereignty and democracy.
I got in "trouble" a few times on DU when I said I'm not a citizen of the world. I'm legally a citizen of the United States of America.