MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Donald Trump’

Trump and Libertarians – LewRockwell

Posted by M. C. on October 1, 2019

https://www.lewrockwell.com/2019/10/laurence-m-vance/libertarians-and-trump/

By

I have never been a member of the Libertarian Party. I don’t vote, so I’ve never voted for the Libertarian Party candidate in any presidential election. If I did vote, I would have probably clamped my nose in a vice and voted for Donald Trump before I would have voted for the pathetic 2016 Libertarian Party ticket of Gary Johnson and William Weld.

I don’t believe anything—no matter how good it sounds—that comes out of the mouth of any politician, and especially those who run for president. I don’t even get excited if they say “zero tariffs, zero subsidies, zero non-tariff barriers” because they will say whatever they think people want to hear if they think it will increase their chances of getting elected.

Donald Trump is no exception. I was never part of the “Libertarians for Trump” movement (but neither am I a member of the “never Trumpers”). I took every “good” thing Trump said during his presidential campaign with a truckload of salt. Now that Trump has been in office for over half of his term, I think it should be clear that Trump has been a disaster for liberty and limited government…

It is a myth that Trump has cut the number of federal employees. The federal leviathan is as big, as powerful, and as intrusive as ever. Have any federal assets been sold?…

Although Trump talked about reducing the national debt during his presidential campaign, that debt now exceeds $22 trillion and is expected to reach $23 trillion by the end of 2019. By the end of Trump’s first term, he will have added over $5 trillion to the national debt…

Trump is said to have cut federal regulations. To give credit where credit is due, I believe he has rescinded some of President Obama’s regulations. But what major federal regulations has Trump cut? No one ever lists them. The federal government still regulates every facet of American life from the amount of water that toilets are allowed to flush to the size of holes in Swiss cheese.

Trump’s tax cut “is also undoubtedly the smallest, not the biggest, individual tax cut in history,” according to David Stockman, Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan. And don’t forget that Trump’s individual tax cuts are only temporary. Trump should be praised, however, for getting the corporate tax rate permanently cut. But not, of course, for increasing refundable tax credits, a form of welfare.

Americans still live in a virtual police state. If you have any doubt, then just see the many articles on this by John Whitehead that regularly appear on this website.

The federal war on drugs continues unabated. Has the budget of the Drug Enforcement Agency (DEA) been cut? Have any of its employees been laid off? True, Trump commuted the life sentence of drug trafficker Alice Johnson. But over 2,000 federal prisoners are serving life sentences for nonviolent drug crimes…

Trump has been absolutely horrible on foreign policy. U.S. soldiers are still dying in Afghanistan. U.S. troops still occupy hundreds of foreign military bases and are still stationed in over 150 countries. The United States has never been closer to war with Iran. Trump has brought home from North Korea the bodies of some dead U.S. soldiers, but not one living U.S. soldier has been brought home from some country where he has no business being…

Trump’s trade policies have been an absolute disaster for the economy. Trump is an ignorant protectionist and economic nationalist, through and through…

The United States may now be the world’s top oil producer, but it hasn’t resulted in something far more important—U.S. disengagement from the Middle East…

Crumbs indeed are what we are getting from Donald Trump as far as liberty and limited government are concerned. Trump may be “better” than Hillary, Obama, and Bush, but not by enough to cheer him.

Be seeing you

aipac

 

 

 

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BREAKING: Bolton Accuses Trump of Lying About His Firing

Posted by M. C. on September 10, 2019

Who Cares!

Bolton is Gone!

Hallelujah!!!

BREAKING: Bolton Accuses Trump of Lying About His Firing

President Donald Trump said on Twitter that he had fired John Bolton, his national security advisor, in a stunning announcement on Tuesday that apparently took Bolton himself by surprise.

“I informed John Bolton last night that his services are no longer needed at the White House,” Trump wrote on Twitter, citing disagreements over policy.

Bolton offered a different story in his own tweet, claiming that he had offered on Monday night to resign but Trump brushed him off.

“I offered to resign last night and President Trump said, ‘Let’s talk about it tomorrow,’” Bolton wrote…

Be seeing you

John Bolton's zeal for regime change extends to Latin ...

 

 

 

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NEW: GOOGLE INSIDER: Google “is bent on never letting somebody like Donald Trump come to power again.”

Posted by M. C. on July 24, 2019

James O’keefe and Project Veritas strike again!

Pardon the crap twitter presentation. I don’t do twitter, don’t care about twitter, don’t want to be bothered about twitter.

I think you get the idea.

Jun 24

NEW: GOOGLE INSIDER: Google “is bent on never letting somebody like Donald Trump come to power again.” Watch the full video —

 

 

Senior Google Engineer: “I just know how algorithms are. They don’t write themselves. We write them to do what we want them to do.” Google’s algorithms are deliberate — are they politically biased?

 

 

FULL STORY:

 

 

A google senior software engineer goes on record to challenge his company’s assurances that it isn’t politically biased. Great job !

 

 

So which is it? Did tell the truth when he went before Congress? Another exec, Karan Bhatia told there were no “black lists” at Google/YouTube. Veritas exposed these black lists earlier this month. IS GOOGLE TELLING THE TRUTH UNDER OATH? 🤔🤔

 

 

⚡️Meet : a current Google engineer who is blowing the whistle on political bias. FYI — Google testified before Congress and said there is no political bias at Google. Coppola says, “I’m just so sure that’s not true.”

 

 

*Current* *Senior* Google Engineer goes Public, *On Camera* 🤯 “It’s a time to decide, do we run the technology, does the technology run us?” Good on giving these whistleblowers a voice

 

 

Bravo & for forcing open the Big Tech whistleblower floodgates. Another Google insider’s bombshells…incoming!

 

 

⚡️GOOGLE ENGINEER BLOWS WHISTLE: “Are we going to just let the biggest tech companies decide who wins every election from now on?”

 

 

NEW: Current Sr. Google Engineer Goes Public on Camera: “Are we going to just let the biggest tech companies decide who wins every election from now on?” — SEE FULL:

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Only Trump Could Go To North Korea – Gold Goats ‘n Guns

Posted by M. C. on July 2, 2019

https://tomluongo.me/2019/07/01/only-trump-could-go-to-north-korea/

Donald Trump did the unthinkable. He went to North Korea. He stepped over the line in the sand demarked by Washington protocol for nearly seventy years.

And that Washington establishment, predictably, hates him for it. It can be felt from all sides of the political rotunda. They hate that Trump realizes their position, one of maximum pressure, isn’t working.

They despise that Russia and China will benefit from ending this frozen conflict not to mention Koreans on both sides of the DMZ.

The cynic in me thinks they are angry that the American people will benefit as well.

So this weekend was a good one for peaceniks around the world. Trump and Chinese Premier Xi Jinping agreed to back down on the worst of his trade war demands.

Trump presumably had a good meeting with Russian President Vladimir Putin which likely set the stage for his meeting with Chairman Kim Jong-un. Remember Kim met with Putin earlier this year and designated him as his go-between with Trump after the talks in Hanoi fell apart…

And only people so full of bile and despite would not be happy about this. Only people so enthralled with the thought of war and their own political and social ambitions would look at this event and seek to tear it down.

These are the people who lost yesterday in Trump’s historic and brilliant bit of diplomacy. And they are complaining bitterly about it today.

Everyone else wins.

In the land of the Twitterati, after stripping away the snark masquerading as analysis, we are left with a bunch of malcontents bemoaning their lost relevance…

In the past few weeks we’ve seen a smarter, savvier Trump avoid the traps his allies and advisors set for him. He’s showed immense restraint.

And now, Trump is climbing down off the immense mountain of entitlement he and his advisors placed him on. By stepping over the line into North Korea and meeting with Kim for nearly an hour he’s beginning to deliver on the promises he made during the 2016 campaign.

Why wouldn’t I or anyone else be cheering?

When Iran shot down that drone I said on Sputnik Radio that to solve Iran’s nuclear weapons problem Trump should be looking to North Korea. Getting Kim to agree to freezing warhead production, and presumably dissemination, ends the possibility of Iran achieving that goal anytime soon.

After meeting with most of his ‘enemies’ at the G-20, Trump did just that. He pivoted away from Iran, now a source of political pitfalls, back to North Korea which was the right thing to do.

If Iran wanted a bomb they would have one. If Russia and China wanted Iran to have one, they would have one.

So all of this talk is simply theater. Just like the strategic importance of North Korea in 2019 is still relevant with China fully capable of projecting its interests on its own.

It’s time for this insanity to end. Full stop.

The Koreans want it. The Russians want it. The Chinese want it. Japan wants it.

And we should want it too…

Be seeing you

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RAY McGOVERN: Hope for a Breakthrough in Korea – Consortiumnews

Posted by M. C. on July 2, 2019

Everyone wants peace except John Bolton, Mike Pompeo and their string controllers the Military-Industrial-Congressional-Intelligence-Media-Academe-Think-Tank (MICIMATT) complex

https://consortiumnews.com/2019/07/01/ray-mcgovern-hope-for-a-breakthrough-in-korea/

By Ray McGovern

There is hope for some real progress in U.S.-North Korean relations after Sunday morning’s unscheduled meeting between President Donald Trump and North Korean leader Kim Jong-Un, largely because Russia and China seem more determined than ever to facilitate forward movement.

Sitting down before the talks began, Kim underlined the importance of the meeting.“I hope it can be the foundation for better things that people will not be expecting,” he said. “Our great relationship will provide the magical power with which to overcome hardships and obstacles in the tasks that need to be done from now on.”

Trump was equally positive speaking of Kim:

“We’ve developed a very good relationship and we understand each other very well. I do believe he understands me, and I think I maybe understand him, and sometimes that can lead to very good things.”

Trump said the two sides would designate teams, with the U.S. team headed by special envoy Stephen Biegun under the auspices of Secretary of State Mike Pompeo, to start work in the next two to three weeks. “They’ll start a process, and we’ll see what happens,” he said.

New Impetus

Russian President Vladimir Putin and Chinese President Xi Jinping, who met individually with President Trump at the G20 in Osaka, have been singing from the same sheet of Korea music — particularly in the wake of Xi’s visit to North Korea on June 20-21. Putin’s remarks are the most illuminating.

In an interview with The Financial Times, Putin pointed to “the tragedies of Libya and Iraq” — meaning, of course, what happened to each of them as they lacked a nuclear deterrent. Applying that lesson to North Korea, Putin said,

“What we should be talking about is not how to make North Korea disarm, but how to ensure the unconditional security of North Korea and how to make any country, including North Korea, feel safe and protected by international law. …”

“We should think about guarantees, which we should use as the basis for talks with North Korea. We must take into account the dangers arising from … the presence of nuclear weapons,” he said, adding that if a way can be found to satisfy North Korea’s understandable determination to protect its security, “the situation may take a turn nobody can imagine today.”

“Whether we recognize North Korea as a nuclear power or not, the number of nuclear charges it has will not decrease. We must proceed from modern realities …”

A Fundamental Strategic Change

Whether they are “best friends” or not, the claim of unprecedented strategic cooperation happens to be true — and is the most fundamental change in the world strategic equation in decades. Given the fear they share that things could get out of hand in Korea with the mercurial Trump and his hawkish advisers calling the shots, it is a safe bet that Putin and Xi have been coordinating closely on North Korea.

The next step could be stepped-up efforts to persuade Trump that China and Russia can somehow guarantee continued nuclear restraint on Pyongyang’s part, in return for U.S. agreement to move step by step — rather than full bore — toward at least partial North Korean denuclearization — and perhaps some relaxation in U.S. economic sanctions. Xi and Putin may have broached that kind of deal to Trump in Osaka.

There is also a salutary sign that President Trump has learned more about the effects of a military conflict with North Korea, and that he has come to realize that Pyongyang already has not only a nuclear, but also a formidable conventional deterrent: massed artillery.

“There are 35 million people in Seoul, 25 miles away,” Trump said on Sunday. “All accessible by what they already have in the mountains. There’s nothing like that anywhere in terms of danger.”…

Trump will have to remind his national security adviser, John Bolton, and Secretary of State Mike Pompeo, that he is the president and that he intends to take a firmer grip on reins regarding Korean policy. Given their maladroit performance on both Iran and Venezuela, it would, at first blush, seem easy to jettison the two super-hawks.

But this would mean running afoul of the Military-Industrial-Congressional-Intelligence-Media-Academe-Think-Tank (MICIMATT) complex, in which the corporate-controlled media play thesine-qua-nonrole today.

In a harbinger of things to come, The Washington Post’s initial report on the outcome of the Trump-Kim talks contained two distortions: “Trump … misrepresented what had been achieved, claiming that North Korea had ceased ballistic missile tests and was continuing to send back remains of U.S. servicemen killed in the Korean War.”

The Trump administration could reasonably call that “fake news.” True, North Korea tested short-range ballistic missiles last spring, but Kim’s promise to Trump was to stop testing strategicnot tactical missiles, and North Korea has adhered to that promise. As for the return of the remains of U.S. servicemen: True, such remains that remain are no longer being sent back to the U.S., but it was the U.S. that put a stop to that after the summit in Hanoi failed.

We can surely expect more disingenuous “reporting” of that kind.

Be seeing you

Your friend’s son fighting for Saudi Arabia and Israel.

 

 

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How Russia’s President Putin Explains – LewRockwell

Posted by M. C. on July 1, 2019

https://www.lewrockwell.com/2019/07/no_author/how-russias-president-putin-explains-the-end-of-the-liberal-order/

Moon of Alabama.

Putin explains why U.S. President Donald Trump was elected:

Has anyone ever given a thought to who actually benefited and what benefits were gained from globalisation, the development of which we have been observing and participating in over the past 25 years, since the 1990s?China has made use of globalisation, in particular, to pull millions of Chinese out of poverty.

What happened in the US, and how did it happen? In the US, the leading US companies — the companies, their managers, shareholders and partners — made use of these benefits. [..] The middle class in the US has not benefited from globalisation; it was left out when this pie was divided up.

The Trump team sensed this very keenly and clearly, and they used this in the election campaign. It is where you should look for reasons behind Trump’s victory, rather than in any alleged foreign interference.

On Syria:

Primarily, this concerns Syria, we have managed to preserve Syrian statehood, no matter what, and we have prevented Libya-style chaos there. And a worst-case scenario would spell out negative consequences for Russia.

I believe that the Syrian people should be free to choose their own future.

When we discussed this matter only recently with the previous US administration, we said, suppose Assad steps down today, what will happen tomorrow?Your colleague did well to laugh, because the answer we got was very amusing. You cannot even imagine how funny it was. They said, “We don’t know.” But when you do not know what happens tomorrow, why shoot from the hip today? This may sound primitive, but this is how it is.

On ‘western’ interventionism and ‘democracy promotion’: Read the rest of this entry »

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Trump: War President or Anti-Interventionist? – Antiwar.com Original

Posted by M. C. on June 25, 2019

Yet, what vital interest of ours does Iran today threaten?

https://original.antiwar.com/buchanan/2019/06/24/trump-war-president-or-anti-interventionist/

Visualizing 150 Iranian dead from a missile strike that he had ordered, President Donald Trump recoiled and canceled the strike, a brave decision and defining moment for his presidency.

Secretary of State Mike Pompeo, John Bolton and Vice President Mike Pence had signed off on the strike on Iran as the right response to Tehran’s shootdown of a U.S. Global Hawk spy plane over the Gulf of Oman.

The U.S. claims the drone was over international waters. Tehran says it was in Iranian territory. But while the loss of a $100 million drone is no small matter, no American pilot was lost, and retaliating by killing 150 Iranians would appear to be a disproportionate response.

Good for Trump. Yet, all weekend, he was berated for chickening out and imitating President Barack Obama. U.S. credibility, it was said, has taken a big hit and must be restored with military action…

Monday, the president tweeted: “The U.S. request for Iran is very simple – No Nuclear Weapons and No Further Sponsoring of Terror!”

But Iran has no nuclear weapons, has never had nuclear weapons, and has never even produced bomb-grade uranium.

According to our own intelligence agencies in 2007 and 2011, Tehran did not even have a nuclear weapons program.

Under the 2015 nuclear deal, the JCPOA, the only way Iran could have a nuclear weapons program would be in secret, outside its known nuclear facilities, all of which are under constant U.N. inspection.

Where is the evidence that any such secret program exists?

And if it does, why does America not tell the world where Iran’s secret nuclear facilities are located and demand immediate inspections?

“No further sponsoring of terror,” Trump says.

But what does that mean? Read the rest of this entry »

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Project Veritas – Google Exec Decries Trump’s Election: ‘How Do We Prevent It from Happening Again’

Posted by M. C. on June 24, 2019

https://www.breitbart.com/tech/2019/06/24/project-veritas-google-exec-decries-trumps-

by Allum Bokhari

Undercover videos recorded by Project Veritas reveals that Google is determined to prevent the re-election of Donald Trump in 2020, and is altering its products with this aim in mind.

The report includes undercover footage featuring a top Google executive, Jen Gennai, discussing how Google might prevent an electoral outcome like 2016 from happening again.

Here’s what Gennai says in the undercover video:

We all got screwed over in 2016, again it wasn’t just us, it was, the people got screwed over, the news media got screwed over, like, everybody got screwed over so we’re rapidly been like, happened there and how do we prevent it from happening again.

We’re also training our algorithms, like, if 2016 happened again, would we have, would the outcome be different?

Gennai also declares her opposition to Democrat presidential candidate Elizabeth Warren’s proposal to break up Google. Why? Because, says Gennai, if Google is broken up it can’t prevent another “Trump situation.”

Elizabeth Warren is saying we should break up Google. And like, I love her but she’s very misguided, like that will not make it better it will make it worse, because all these smaller companies who don’t have the same resources that we do will be charged with preventing the next Trump situation, it’s like a small company cannot do that.

Gennai also declared that no amount of soft pressure from Congress or the White House will make Google change its ways. In other words, talk won’t help — if politicians want to change Google’s behavior, they’ll have to go beyond committee hearings and actually change the law. 

We got called in front of Congress multiple times, so we’ve not shown up because we know that they’re just going to attack us. We’re not going to change our, we’re not going to change our mind. There’s no use sitting there being attacked over something we know we’re not going to change. They can pressure us but we’re not changing. But we also have to be aware of what they’re doing and what they’re accusing us of.

According to her professional profile, Gennai works on “responsible innovation” in the Global Affairs division of Google — the same division run by Kent Walker, the Google VP who has declared his intention to make the populist-nationalist movement represented by Donald Trump a “blip” or “hiccup” in history, which he said “bends towards progress.”

Walker made these statements just days after the 2016 election, in a confidential video recording that was leaked to Breitbart News.

Be seeing you

 

 

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Donald Trump Is The Most Honest US President Of All Time

Posted by M. C. on June 5, 2019

https://caitlinjohnstone.com/2019/06/04/donald-trump-is-the-most-honest-us-president-of-all-time/

I happened upon some pictures from Trump’s UK visit with Queen Elizabeth yesterday, which isn’t something I’d normally care about. The British royals are basically just oligarchs who rub your face in it, and the fluffy media publicity around a monarch of one murderous kleptocratic  imperialist regime meeting the leader of another murderous kleptocratic imperialist regime is something I’d usually try to avoid looking at or commenting on.

I’ve paid exactly zero attention to the stories about the visit itself, so if you want to know what kind of tea they drank or how Trump got along with Lord Hothalbotham and the Duchess of Yorksquire or whatever you’ve come to the wrong place. But I saw one photo from the visit that made me stop and realize something that is definitely worth noting: Donald Trump is the most honest US president of all time.

To be clear, I am not saying that Trump actually tells the truth with his words; he obviously does not. Trump is so comfortable with lying that he once tweeted the claim that he’d never urged House Republicans to vote for a particular immigration bill, three days after posting a tweet explicitly urging House Republicans to vote for that bill. He left both tweets up. I mean, that’s like one click away from literally looking someone in the eye while urinating on their leg and telling them it must be the rain.

No, when I say that Trump is the most honest US president of all time, what I mean is that he has a unique gift for exposing the face of the empire for exactly what it is, in all its depravity, all its deceitfulness, all its corruption, and in this case, all its jaw-dropping ridiculousness. I mean, look at this photo:

Really look at it. Have you ever seen anything so ridiculous? Who the fuck dressed him? And what’s going on with that freak in the red dress? And why are these rich assholes all walking in formation? Is it some kind of weird parade for people who’ve never bought their own groceries?

Obama could have made this look normal. Bush would have looked a little bit goofy, but nothing that would make you spit your coffee on your screen. Hell, Bill Clinton would have looked downright at home, like he was born in Buckingham Palace and spent his whole life sipping champagne and groping the maids while he waited for this photo to be taken. It took the badly-dressed awkward posture and golf bod of a reality TV star who became president via 4chan prank to expose that whole absurd royalty display for the risible self-parody that it deserves to be seen as.

Trump’s entire presidency has been like this. Blatant, tactless, and completely unmasked.

Journalist gets literally butchered in an embassy by the Saudi government? Yeah well we don’t want to do anything about that because they’ve got an arms deal with us worth billions of dollars. He just comes right out and says it. When they want to stage a coup in Venezuela, they don’t limit it to CIA covert ops and behind-the-scenes manipulations; the whole administration is on Twitter saying they’re going to keep starving everyone with sanctions until the nation’s president is replaced with the guy they prefer. It’s all right there, right in your face, as closeted and secret Flavor Flav’s fondness for clocks.

His whole cabinet is basically human versions of the departments they represent. His Secretary Treasurer was a Goldman Sachs executive. His CIA Director literally tortured people. His National Security Advisor is an Iraq-raping Bush-era neocon. His Secretary of Commerce is a former Rothschild executive. His EPA Administrator is a former coal lobbyist. His Secretary of State came straight out of the CIA. It’s like he designed a convenient labeling system for everyone who’s unsure of what it is that each department in the executive branch of the US government actually does.

Trump has been continuing and expanding all of the depravities of his predecessors, but he’s been doing so openly, making it look exactly as ugly and disgusting as it is. His supporters try to justify this by claiming he’s making brilliant 4-D chess maneuvers against the Deep State, but Trump isn’t playing chess. He isn’t even playing checkers. He’s playing Uno, and he’s playing it with his hand fully exposed on the table, with his only defense being to point at a red card and say “This one’s green” and point at an eight and say “That’s a two. It’s the best two, absolutely terrific two.”

Even his dishonesty is honesty, in a way. He lies constantly, brazenly and unapologetically, while his predecessors have lied sneakily, subtly and usually only by distortions, omissions and half-truths. Trump is a walking public service announcement that US presidents are liars. Which is the truth.

And I for one think that’s great. It’s entirely possible that Trump will be ousted in 2020 by Joe Biden or by one of Joe Biden’s 397 ideological clones who are also in the race, and that will make a lot of people very happy. It will make them happy because they won’t have to look at the ugly face of Orwellian dystopia anymore, because an infinitely smoother and more charismatic leader will go back to hiding it for them. And then things will at long last go back to normal, the way they always were: no partisan divisiveness, no corrupt politicians, no racism in America, and brunch all day, every day.

The most aggressive anti-Trumpists have no interest in real change, they just want things to go back to the way they were before Trump, which is actually just wanting to go back to the conditions which gave rise to Trump. They’re not interested in waking up, they’re interested in smoothing an uncomfortable wrinkle in their bedsheets so that they can go back to sleep.

And if that happens, fine, whatever; it’s not like they were taking any meaningful action against the ugly face of empire anyway. But at least things got shaken up with a little honesty for a while. A little corrupt, blood-spattered, button-popping honesty.

___________________________

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EconomicPolicyJournal.com: Murray Rothbard vs. Donald Trump on Tariffs

Posted by M. C. on May 11, 2019

https://www.economicpolicyjournal.com/2019/05/murray-rothbard-vs-donald-trump-on.html

Murray Rothbard vs. Donald Trump on Tariffs

Murray Rothbard

From Power & Market: Government and the Economy (1977)by Murray Rothbard:

Tariffs and various forms of import quotas prohibit, partially or totally, geographical competition for various products. Domestic firms are granted a quasi monopoly and, generally, a monopoly price. Tariffs injure the consumers within the “protected” area, who are prevented from purchasing from more efficient competitors at a lower price. They also injure the more efficient foreign firms and the consumers of all areas, who are deprived of the advantages of geographic specialization. In a free market, the best resources will tend to be allocated to their most value-productive locations. Blocking interregional trade will force factors to obtain lower remuneration at less efficient and less value-productive tasks…

The arguments for tariffs have one thing in common: they all attempt to prove that the consumers of the protected area are not exploited by the tariff. These attempts are all in vain. There are many arguments. Typical are worries about the continuance of an “unfavorable balance of trade.” But every individual decides on his purchases and therefore determines whether his balance should be “favorable” or “unfavorable”; “unfavorable” is a misleading term because any purchase is the action most favorable for the individual at the time. The same is therefore true for the consolidated balance of a region or a country. There can be no “unfavorable” balance of trade from a region unless the traders so will it, either by selling their gold reserve, or by borrowing from others (the loans being voluntarily granted by creditors).
The absurdity of the protariff arguments can be seen when we carry the idea of a tariff to its logical conclusion—let us say, the case of two individuals, Jones and Smith. This is a valid use of the reductio ad absurdumbecause the same qualitative effects take place when a tariff is levied on a whole nation as when it is levied on one or two people; the difference is merely one of degree.25 Suppose that Jones has a farm, “Jones’ Acres,” and Smith works for him. Having become steeped in protariff ideas, Jones exhorts Smith to “buy Jones’ Acres.” “Keep the money in Jones’ Acres,” “don’t be exploited by the flood of products from the cheap labor of foreigners outside Jones’ Acres,” and similar maxims become the watchword of the two men. To make sure that their aim is accomplished, Jones levies a 1,000-percent tariff on the imports of all goods and services from “abroad,” i.e., from outside the farm. As a result, Jones and Smith see their leisure, or “problems of unemployment,” disappear as they work from dawn to dusk trying to eke out the production of all the goods they desire. Many they cannot raise at all; others they can, given centuries of effort. It is true that they reap the promise of the protectionists: “self-sufficiency,” although the “sufficiency” is bare subsistence instead of a comfortable standard of living. Money is “kept at home,” and they can pay each other very high nominal wages and prices, but the men find that the real value of their wages, in terms of goods, plummets drastically.
Truly we are now back in the situation of the isolated or barter economies of Crusoe and Friday. And that is effectively what the tariff principle amounts to. This principle is an attack on the market, and its logical goal is the self-sufficiency of individual producers; it is a goal that, if realized, would spell poverty for all, and death for most, of the present world population. It would be a regression from civilization to barbarism.

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