I can’t believe that I am blogging on “Good Trump” three days in a row. Rest assured, when there is “Bad Trump”, I will cover that as well.
The Daily Signal reports:
President Donald Trump signed a pair of executive orders to move forward with two major pipelines blocked by the Obama administration, but with the caveat the U.S. would “renegotiate” the terms of building the projects.
“It’s subject to a renegotiation of terms by us,” Trump said before signing an executive order on the Keystone XL oil pipeline. “We’re going to renegotiate some of the terms, and, if they’d like, we’ll see if we can get that pipeline built.”
The Dakota Access oil pipeline’s construction was also “subject to terms and conditions to be negotiated by us,” Trump said before signing his second executive order on pipelines Tuesday.
One of those conditions is pipelines must be built with U.S.-produced steel, Trump said. Union leaders met with Trump Tuesday morning.
Trump also signed executive orders to expedite environmental reviews of infrastructure projects to get them built more quickly.
The Obama administration blocked Keystone XL and Dakota Access, drawing cheers from environmental activists opposed to using fossil fuels. Former President Barack Obama argued Keystone XL’s approval would tarnish America’s image as a champion against global warming.
The former administration blocked the Dakota Access oil pipeline in November 2016, after environmentalists and American Indians protested for months to block the pipeline. Activists argued the pipeline would impact Standing Rock Sioux sacred tribal sites—though they produced little evidence of this.
Environmentalists were furious with Trump’s pipeline executive orders, but supporters argue it will be better for jobs and the environment to build more pipelines.
Trump shouldn’t care about the global warming fascists, as I can guarantee you that none of them voted for him, and none of them ever will.
However, I am worried about what I am hearing about Trump on free trade. Every conservative believes in free trade, because conservatives understand basic economics, and basic economics teaches that free trade is always better for both parties of the trade.
If Trump puts tariffs (taxes on trades) on foreign goods coming into the United States, (e.g. – smartphones, computers, electronics and cars), then American consumers will pay MORE for those items.
Look what the American Enterprise Institute says:
America’s low-income households benefit the most from free trade and having access to cheap imports because they spend a greater share of their budgets on traded goods like clothing, footwear, household items, school supplies, appliances, toys, and furniture (think Walmart shoppers)…
[…]America’s low-income households have the most to lose from greater restrictions on free trade with import quotas, protective trade tariffs, border taxes, and other trade barriers. If Trump starts a trade war with tariffs and border taxes, it will be a “war on the poorest Americans…
That’s why I am skeptical about Trump’s protectionist tendencies. Some of the people who got him elected are uneducated when it comes to basic economics, and they are pressuring him to do stupid things that will hurt all the consumers in a misguided effort to save the jobs of a few workers. Workers who would be better off getting re-trained and re-hired in a more challenging job. I’d much rather use government money for re-training someone who loses their job than slam all the poorest consumers with a tax on their consumer goods from foreign countries. No unemployment, but tuition for a trade school or university, and cut employer payroll taxes on them for 5 years after they graduate. It would be like increasing their value, then putting them on sale. That’s way better than tariffs.