Discover more from The Latest from Seton Motley
Manufacturing is Back - Now We Need a Food Manufacturing Restoration
When President Donald Trump was Candidate Donald Trump - he promised a restoration of the US manufacturing sector.
Which his predecessor - thankfully-ex-president Barack Obama - dismissed as impossible:
“When somebody says - like the person you just mentioned, who I’m not going to advertise for - that he’s going to bring all these jobs back. Well, how exactly are you going to do that? What are you going to do? There’s no answer to it. He just says ‘Well, I’m going to negotiate a better deal.’ Well, how exactly are you going to negotiate that? What magic wand do you have? And usually the answer is - he doesn’t have an answer.”
Undaunted by Obama and the Downers, just after winning election - Trump yet again teed up his administration:
“Our goal as a nation must be to rely less on imports - and more on products made here in the USA….This is our mantra: Buy American - and hire American….Our country is all about making dreams come true. Over the last number of years - that hasn’t been necessarily the case. But we’re going to make it the case again….My focus has been all about jobs. And jobs is one of the primary reasons I’m standing here today as your President.”
Two years hence, it would appear Trump is a combination of Merlin and Gandalf - wielding magic wands aplenty.
Things do not appear to be slowing down.
All of which is, of course, spectacular news.
The world has spent the last half century-plus - totally tilting the global market playing field against us.
Titanically stupidly - we have been allowing the world to do it.
Which Citizen Trump spent decades pointing out. Here he is on The Oprah Winfrey Show - in 1988:
“We let Japan come in and dump everything right into our markets. And it’s not free trade. If you go to Japan right now and try to sell something - forget about it, Oprah. Just forget about it. It’s almost impossible. They don’t have laws against it - they just make it impossible. They come over here - they sell their cars, their VCRs. They knock the hell out of our companies. And hey - I have tremendous respect for the Japanese people. You can respect someone who is beating the hell out of you. But they are beating the hell out of this country.”
Oprah says “This sounds like presidential talk” - and asks if he’ll ever run. To which Trump responds:
“Probably not. But I do get tired of seeing the country ripped off….I do get tired of seeing what’s happening to this country. And if it got so bad - I would never want to rule it out totally. Because I really am tired of seeing what’s happening to this country. How we’re really making other people live like kings - and we’re not.”
(Certainly sounds like a guy who would sell out to the Russians to get elected, does it not? What a bunch of idiots those people are.)
Flash forward three decades - and Citizen Trump…is now President Trump.
President Trump’s chief weapon to better the trade playing field - has been the tariff. Dishing out an infinitesimal amount - of what we have been taking on the chin by the ton for decades.
The DC People who allowed the global market to become so anti-free trade and anti-American - freaked the heck out. Bizarrely, in the name of “free trade.”
And the DC People - were dead wrong. And they STILL don’t get it. To wit:
Not “DESPITE Trump’s tariffs” - “BECAUSE OF Trump’s tariffs.” Trump put pressure on Mexico - and Mexico buckled.
It’s happening - all over the world.
Except less than seventy-two hours after that latter headline….
It’s almost like - no, it’s exactly like - Trump was right all along.
And despite Trump’s tariffs - oh wait…BECAUSE OF Trump’s tariffs - how’s our economy doing?
“Well above estimates?” Oh look - the DC People were wrong AGAIN. Shocker.
Just as we globally trade just about every other commodity - we globally trade food.
And just as we have with every other commodity and their manufacturers - we have allowed the rest of the planet to screw our farmers…and the rest of us. To wit:
Tiny Thailand’s 2016 Gross Domestic Product (GDP) was $407 billion. Tiny Thailand subsidies sugar - just sugar - at $1.3 billion per year. Which has ably assisted tiny Thailand - to cheat its way controlling 10% of the global market.
That’s nothing. Bigger Brazil’s 2016 GDP was $1.8 trillion. Bigger Brazil subsidizes sugar - just sugar - between $2.5 and $4 billion per annum. Which has ably assisted bigger Brazil - to cheat its way to controlling almost 50% of the global market.
More than one hundred countries sell sugar on the global market. Two countries - control 60% of that market. Because they government-money-cheated their way to the top.
We import sugar. Which means we are importing the government-money-poison Brazil and Thailand are injecting.
Which is obscenely unfair to our farmers.
Brazil’s subsidies - allow them to charge 20% less for their crop. Thailand’s subsidies - allow them to charge about 10% less for their crop.
Which is obscenely unfair to our farmers.
Thankfully, Trump is also looking to straighten out the farm market. To wit:
“President Donald Trump urged Japan to end tariffs on U.S. farm products when he met Prime Minister Shinzo Abe….
“‘We’ll be discussing very strongly agriculture because as the prime minister knows Japan puts very massive tariffs on agriculture, our agriculture, for many years, going into Japan, and we want to get rid of those tariffs,’ Trump said during an Oval Office meeting with Abe on Friday.”
Trump REALLY needs to have a sugar talk with Brazil’s new president. Methinks he might find him receptive.
“If Jair Bolsonaro continues to push for privatization in infrastructure and a drastic reduction in red tape, then foreign investment will likely follow.”
And actual free trade will follow as well.
For sugar - and everything else.
Which would be a whole lot fairer for manufacturers - food and all others - everywhere.
Most importantly - here in the US.
Most importantly - because #AmericaFirst.
This first appeared in Red State.