Tuesday, September 17, 2019

China's economy is suffering but will the media report it?

China's economy is weak and recently announced figures were below expectations.

Given that the great compromise in China is that the Chinese people have traded their freedom for wealth any sign that the Communist tyrants who rule China can't deliver wealth is extremely concerting for the tyrants.

This is important because one of the causes of this slowdown is that Trump is fighting back against China's decades old trade war against the US.

When Trump became President Chinese tariffs on American goods were 4 times higher than American tariffs on Chinese goods. That, plus massive theft of US intellectual property, had enabled China to steal millions of American jobs and maintain a massive trade surplus with America.

The Democrats were ok with that because they're the party of cheap labor and massive profits for the 1%--that's why Democrats are so eager to bring in millions of legal and illegal foreigners who will work for less money than Americans.

Now that Trump is fighting back the #FakeNews media and the Democrats are doing everything they can to make sure that the US loses.  They're saying that Trump started a trade war when in fact he's only responding to the actions of China. They're saying that the US can't win and that, despite the fact that Trump's tariffs haven't increased inflation, Trump is hurting the US.

Hence it'll be interesting to see if the #FakeNews media reports how China's economy is suffering due to Trump's actions to protect American jobs.

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