
Getting your Trinity Audio player ready...
|
[Want even more content from FPM? Sign up for FPM+ to unlock exclusive series, virtual town-halls with our authors, and more—now for just $3.99/month. Click here to sign up.]
Despite the media hysteria, President Donald Trump’s counterrevolution remains on course.
Its ultimate fate will probably rest with the state of the economy by the November 2026 midterm elections. But its success also hinges on accomplishing what is right and long overdue — and then making such reforms quietly, compassionately, and methodically.
No country can long endure without sovereignty and security — or with 10 to 12 million illegal immigrants crossing the border and half a million criminal foreign nationals roaming freely.
The prior administration found that it was easy to destroy the border and welcome the influx. But it is far harder for its successor to restore security, find those who broke the law, and insist on legal-only immigration. Trump is on the right side of all these issues and making substantial progress.
Everyone knew that a $2 trillion budget deficit, a $37 trillion national debt, and a $1.2 trillion trade deficit in goods were ultimately unsustainable.
Yet all prior politicians of the 21st century winced at the mere thought of reducing debts and deficits, given that it proved much easier just to print and spread around federal money. As long as the Trump administration dutifully cuts the budget, sends its regrets to displaced federal employees, seeks to expand private sector reemployment, and quietly presses ahead, it retains the moral high ground.
The elite universities have long hidden things from the American people that otherwise would have lost them all public support.
They deliberately sought to neuter Supreme Court rulings banning race-based preferences by stealthily continuing their often-segregated policies on campuses, from admissions and hiring to dorms and graduations.
They have taken billions of dollars from autocracies, such as communist China and Qatar. And they have partnered abroad with their foreign illiberal institutions and then disguised their quid pro quo subservience.
These supposedly prestigious universities have previously made no real effort either to stop or even hide their own campus epidemics of antisemitism.
They have spiked their tuition and costs higher than the annual rate of inflation, assured that the tottering $1.7 trillion guaranteed student loan portfolio would always send them guaranteed cash flows.
They have gouged taxpayers by charging exorbitant surcharges on federal grants from 40 to 60 percent. And they make no effort to offer students intellectual, ideological, or political diversity.
So, even our most prestigious universities seem to have no real moral compass. Accordingly, as long as Trump retains the high ground, the public, too, will demand either reform in higher education or a cessation of federal support to it.
The economy remains strong, but its ultimate health depends on reaching a trade deal with a handful of nations that account for our $1.2 trillion trade deficit in goods: China, the EU, Canada, Mexico, the Southeast Asian trade bloc, and Taiwan, Japan, and South Korea.
These nations all know that their tariffs are not symmetrical. But our trade partners will not willingly change. They apparently, but wrongly, believe that the U.S. either welcomes its trade deficits, naively thinks they’re irrelevant, or is too wedded to libertarian trade ideology to demand accountability.
So, too, on trade, the Trump administration is in the right.
Its only challenge is to avoid envisioning tariffs as a new, get-rich source of massive revenue. Data does not support the idea of such large tariff incomes.
The American people signed on for symmetry, fairness, and reciprocity in trade, not tariffing those who run deficits with us or seeing high tariffs as a cash cow to fund our out-of-control government.
Enraged Democrats still offer no substantial alternatives to the Trump agenda.
There are no shadow-government Democratic leaders with new policy initiatives. They flee from the Biden record on the border, the prior massive deficits and inflation, the disaster in Afghanistan, two theater-wide wars that broke out on Biden’s watch, and the shameless conspiracy to hide the prior president’s increasing dementia.
Instead, the Left has descended into thinly veiled threats of organized disruption in the streets. It embraces potty-mouth public profanity, profane and unhinged videos, nihilistic filibusters, congressional outbursts, and increasingly dangerous threats to the persons of Elon Musk and Trump.
All that frenzy is not a sign that the Trump counterrevolution is failing. It is good evidence that it is advancing forward, and its ethically bankrupt opposition has no idea how, or whether even, to stop it.
”a handful of nations that account for our $1.2 trillion trade deficit in goods: China, the EU, Canada, Mexico, the Southeast Asian trade bloc, and Taiwan, Japan, and South Korea.
These nations all know that their tariffs are not symmetrical. ”
I don”t understand. There was a Free Trade agreement created by Trump in his first administration, a variation of the former one with Mexico and Canada.
Free Trade means NO tarifs.
Plus between South Korea and the US a NO tarifs agreement for decades that was binding no matter what happened,could not be changed.And with the EU the tarif was less than 1%,I have read.With China it was a tarif of around 4% by them or less.
Then there are GOODS and SERVICES( technological, high tech support,Amazon deliveries,etc).
The DEFICIT is regarding goods ( toys,computers,etc) but if you count the money coming IN the US because of what Google,Apple,Amazon,etc,Silicon Valley companies charge clients in foreign nations then there is no deficit,the trade balance is in favor of the US.
RLagrange- Right! I first thought its Biden. But he doesn’t even know what day it is. So, I’m going with
SCHUMER.!
There is no such thing as “free trade” and all the countries which fuck America with their tariffs prove that. They all sponge off America while they suck our blood like ticks. They’re parasites.
Trump is right and you America haters are wrong. If you hate America so much, just leave. I would be glad to see you scumbags leave.
Free trade refers to imports and exports without tariffs or other trade barriers.
Regarding South Korea and the US there was that before Trump imposed a tarif.It was signed in 2012, the U.S. – Korea Free Trade Agreement.
The United States-Mexico-Canada Agreement (USMCA) entered into force on July 1, 2020. The USMCA, substituted the North America Free Trade Agreement (NAFTA) ( 1994).
In what way are South Korea,Canada and Mexico ”ripping off” the US?
The latest news is this:
Little MALAYSIA and VIETNAM are working non-stop exporting products to the US that are really from China. Both have a 10% tarif on them,for the moment,so many Chinese products are sent to Malaysia and Vietnam,there the boxes are opened,
and unpackaged,and a new packaging done,and put inside a new box,with the label of assembled in Vietnam,Malaysia. Technically speaking that counts as ”substantial transformation” so
it would be accepted as NOT being the same product that came from China.But it really is.
Now we have a new Pope,an American of French descent,who speaks French,English, Spanish and Italian. Robert PREVOST.
He has DOUBLE citizenship,Peruvian (since 2015 ) and American,
since he lived in Peru on and off for 20 years,for 10 years as a missionary,then 10 years as a BISHOP in Peru. Then a few years living in Italy so his Italian is perfect,as is his Spanish.
Imports and exports without tariffs and other restrictions? That’s a fantasy and proves my point that “free trade” is a fantasy. Thanks for inadvertently backing me up, dumbass.
Trump’s tariffs are working. Other countries are cooperating and China is in dire straits where it belongs. The UK just made a major trade agreement with America/Big Don.
And what does any of this have to do with the new stealth Pope? Ooh, He’s “American.” we can trust him. He believes global climate warming change is real and illegal aliens should be welcomed. And he speaks five languages, by the way, He’s quite intelligent but many fools are.
The economic situation in China regarding the GOODS ( shoes,clothes,toys,etc) once sent to the US, a large amount, are now sold this way:
1. China has 1.4 billion. Some is sold to Chinese consumers.
2. China sells to ASEAN: ASEAN comprises 10 member countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Indonesia has 290 million,the US has 330 million,Vietnam 70 million,The total population of ASEAN countries is 673 million.
This year it has increased by 20%.
China is selling goods to them once sent to the US.At a CHEAPER price.Why?
It takes 30 days for Chinese ships to travel across the Pacific,reach Seattle,Los Angeles.There is a TRANSPORTATION cost.30 days of cost.
To reach the ASEAN countries is a FEW days,less transportation costs.
3. Some ASEAN countries are buying enormous amounts of Chinese goods but not for themselves. But to change the packaging and boxes, and RESELL it to American companies ( Wallmart,Costo,etc)
for a profit.
That is THEIR decision,China is not responsible for how ASEAN and Wallmart,Costco act and decide.
For Wallmart,Costco,etc and ASEAN it is a WIN-WIN situation.
So why is Xi Ping Pong on the verge of being deposed if China is supposedly so “successful?”
And the vast majority of Malay Indonesians hate China. I used to live there. Did you? No, you’ve never even been there. Only the ethnic Chinese in that country give a shit about China and they’re a very small minority. I married an Indo Chink. After the Malay bitch. Did you?
You’re all website talk and no substance.
When a person,here I am talking in general,gives precedence to ideology then human rights,morality are ignored.Sin of omission.Silence.
RFK Jr, proclaims the Covid vaccine is dangerous. A fake vaccine.Why?
The DATA proves it.
So does ex-Leftist NAOMI WOLF. Article after article with details.She has even become religious,with references to God and the Torah.
Based on data we know FAUCI and others are behind the ILLEGAL creation of the covid virus in its present form,capable of infecting humans.
JEFFREY SACHS is the head of a group of scientists that have done a 4 and a half year investigation on who did it and where the Covid virus as it exists,capable of hurting humans,originated.
A LANCET study.Lancet ,one of most prestigious scientific organizations.
Sachs says it was created NOT in the WUHAN lab in China but in the US,a government funded creation done by the University of North Carolina. The one who did it was Dr RALPH BARIC.
Will Naomi Wolf write about this? I say no,I could be wrong,because she gives precedence to ideology.If the Lancet study had said it was by the Wuhan lab then she would have spread the data.
The US government has been for decades trying to install a puppet government in China so releasing the virus first in China was logical.To destroy its economy, throw HUNDREDS of MILLIONS into extreme poverty,and overthrow the Communist party.
Then install a puppet,who would CHANGE the LAWS of China,letting private Western companies take over,at a cheap price, China’s natural resources.The Western oligarchs want that. Watch this video of Jimmy Dore’s show where Jeffrey Sachs talks about the origin of Covid.
Just how gay are you? Choke to death on a cock and do the world a favor.
The Lancet? The same rag that proclaimed Americans murdered innocent Iraqis based on interviews with I Iraqis in an apartment building?
It took me one minute to find this: https://www.statista.com/chart/18771/passenger-car-trade-between-the-eu-and-the-united-states-in-2018/
America, unfortunately, due to our abandoning the moral high ground we started with after the US Revolutionary War has no real friends in this world. Instead of holding on to the high ground we have squandered it on foreign wars and continually interfering with other countries internal affairs. We also allow others to extract money and influence until our interests are counter to theirs. Most of our political leadership no longer even try to do what is best for us as a country. They are only interested in gaining money and power. Our corporations have allied with the politicians and dispensed more money and influence. Our three letter agencies–CIA, FBI, etc–have contributed to it also. Only a strong leader like Reagan and Trump can even check it for a while. But with most citizens succumbing to to the easy life and government handouts we are fighting a losing battle. Unless we can recapture the vision our Founding Fathers had we wont last much longer.
Trump has zero credibility when it comes to being fiscally responsible. Factually, he has successfully used the Dems’ strategy of demonizing anyone, e.g. DeSantis, who suggests doing something about the unfunded liabilities of SS and Medicare.
During his first term, even when the unemployment rate hit 3.5%, he had still made zero progress on reducing the deficit. Not taxing my Social Security benefits anymore? That’ll put an extra $4,000 in my pocket but make the unfunded liability that much worse. Screw future generations, right? Not taxing tips? Not taxing overtime?How will that not increase the deficit?
Trump called the last $600 stimulus check “measly.” More would have just increased the deficit by that amount.
Yep, Trump has cut some government spending. The actual amount cut versus how much was actually cut are miles apart.
Hanson alludes to the midterm deadline. For the sake of our country, I hope Trump doesn’t once again leave us with a Dem POTUS and a Dem Congress. That’ll get us another Inflation Reduction Act that will increase inflation…
Wonder what Mr. Hanson thinks about Trump acceping a super luxury Boeing from Qatar that he will use as the new Air Force One??? Let’s not cherry pick what this administration is doing or not doing. There are a lot of blunders, including those made by Witkoff who is a disaster, and now this. This kind of outright stupidity is not what I voted for. Would that the West could wake up already to the mortal threat of Islam.
The elephant in the room is the GOP congress. If the cuts and changes Trump is making aren’t passed into law, the next dem president can undo everything he did. The House has had more days of vacation so far this year than I get in 3 or 4 years of work and has passed 3 bills. By now, dems had added over a trillion to our spending. It looks like the GOPe is sandbagging Trump’s agenda. They’ll get their pay, perks, and graft whether they’re in the majority or not, and their graft is better under the dems.