“In today’s world the blather about free trade, free-markets and the joys of competition is nothing but pabulum for the suckers.” given the record so-far, you would not think this quote came from anybody in the Obama Administration. These are in fact the words of Ron Bloom who has been elevated to special advisor to the President on manufacturing policy. With a background as a labor union negotiator his appointment has the rightwing spitting nails.
Still Obama doesn’t have much to show so far, you can‘t deny he did keep Detroit from going the way of most American industry and that was where we first encountered Mr Bloom who became known as the non-czar car czar. (or is he the president of a “stan” country?)
Obama has confronted China over product dumping, something Clinton or Bush never did. This stance has slowed expansion of US manufacturing in China with some production returning to the America but on the whole the trade deficit continues to grow. Efforts to get China to revalue the Yuan have only resulted in a one percent adjustment when a 40% change is required, still China even saying they will cooperate is a start.
The attack on Fort Sumpter was simply to seize the Customs House as the south did in all the port cities. The south wanted cheap British manufactured goods in return for its cotton. Today we sell cotton to China and get cheap manufactured goods in return. In the south of 1860 there were a few rich people and the rest were poor whites and black slaves, no middle class.
The southern whites were fed the lie that it was rich Yankees that made them poor and they would all be rich if the Federal tariffs were lifted. In reality all that would have accomplished is the destruction of America’s manufacturing base and made the entire country poor just as these policies have done for us in this era. Ronald Reagan has succeeded where Jefferson Davis failed to destroy the Union and its middle class. www.prairie2.com