The pols in DC have been on a spending spree since the turn of the century and our national debt has skyrocketed. Donald Trump has been promising his supporters the great wall of Mexico paid for by the Mexicans and on Twitter he keeps clicking his heels together while repeating that meme evidently in the hopes that if he says it enough, people will accept his alternate version of reality. The problem for Trump, his wall and threats of border taxes on auto makers, beyond simple economics, is the Mexican people do not seem to want to cooperate with Trump’s scapegoating of them and like Trump, the Mexican President also has access to Twitter:
TRUMP, when will you understand that I am not paying for that fucken wall. Be clear with US tax payers. They will pay for it.
— Vicente Fox Quesada (@VicenteFoxQue) January 6, 2017
The problem I see is today’s tough talk on trade seems to ignore both history and the basic fact that the US is the second largest world exporter behind China:
Trump,are you aware how many cars and US dollars GM sells in MX? What about if we tax them.What about taxing parts they import into MX?
— Vicente Fox Quesada (@VicenteFoxQue) January 9, 2017
It would be a mistake to think the rest of the world will stand by and do nothing while we slap border taxes on their exports to us and proportionally we have way more to lose than say Mexico and Japan. Continue reading “Tuesday Miscellany: Donald Trump is not the only World Leader on Twitter plus Stuxnet”