Stella's Place

Our President sticks by his guns. Social media is filled with naysayers and all of a sudden many of our fellow citizens are market experts, running around with their hair on fire!

President Donald Trump was defiant in the face of calls to soften his plan to institute massive global tariffs after historic drops in the U.S. and global markets. Trump spoke to reporters on Air Force One while returning to the White House from Florida where he had attended the LIV Golf tournament, a trip that was criticized by Democrats who said the White House should instead be responding to Americans’ fears about the economy.

Continue reading →

Adversaries and allies alike have been ripping off the United States with “asymmetrical tariffs” for decades. Now, Trump is fighting back.

“Whatever a particular country tariffs us, we reciprocate and just mirror image them. In other words, it’s their choice, not ours,” VDH says.

On this edition of “Victor Davis Hanson: In His Own Words,” Victor Davis Hanson explains the history behind tariffs and how other countries have taken advantage of America’s no-tariff policy for years.

“It was all predicated in the postwar period. We were so affluent, so powerful—Europe, China, Russia were in shambles—that we had to take up the burdens of reviving the economy by taking great trade deficits,” Victor Davis Hanson says.

We can’t afford to remain neutral in the trade war that’s been happening for decades.

“If tariffs are so destructive of their economies, why is China booming?” Victor Davis Hanson asks.

Continue reading →

There is not a single person alive who knows with certainty if the Trump Tariffs will be a net positive for the USA or a net negative for the USA.

No one knows.

But that hasn’t stopped scads of prominent members of the intelligentsia from deciding they are tariff experts.

But what I do know is this: the people screeching the loudest about the impending doom Trump Tariffs will cause are generally the same people who have led us in the wrong direction on virtually every major policy issue of the last generation.

It will be interesting to see what they say if/when the tariffs prove to be the key to America’s Golden Age.

Perhaps it’s my imagination, but it seems to me that the people wailing and screeching about economic ruin over the Trump Tariffs are the same people who did the following:

Continue reading →