[Mercer] Conservatism once had the genius of James Burnham, Russell Kirk, Frank Chodorov, and Felix Morley; now the brand boasts Rich Lowry, Meghan McCain and S. E. Cupp.
The last has learned nothing from the 2016 election. S. E. Cupp, a Never Trumper who hosts a CNN show, is betting against Donald Trump. She says, "Trump Supporters Soon Will Learn That No One Wins A Trade War."
Where’s the learning curve? I would not bet on Trump losing a trade war.
This is not to advocate tariffs. I am for free trade. But here’s the clincher. We don’t have free-market capitalism. Never have; at least not in recent memory.
Thus, "trade deficits must be seen in the context of state-managed trade and systemic debt." That’s what Trump is negotiating; he’s not messing with the divine order in which we true free-marketers believe. For it doesn’t exist.
As for Harley-Davidson’s decision to move some of its production outside of the U.S.: Rep. Thomas Massie (R-Ky.) and Kennedy of Fox Business disclosed that the company had been looking to move production off shore for a while and were searching for an excuse to do so.
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