‘This about more than pure economics’ =>https://twitter.com/noahcrothman/status/971442563138891776 …
Plenty of them complained and voted against it, even at risk of worldwide financial calamity.
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Free markets!
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I'm not sure what you're asserting.
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Free markets when it benefits me is my assertion. They're full of it.
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I think it's fair to say that some Republicans (and Democrats) are hypocritical on this. But that's a separate argument from whether or not tariffs are good policy.
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Let's have the other argument too then. We all got jammed by Bernanke. Now they say "don't prop up dying industries". Goldman is in a seperate category i guess
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Well if you want to have argument: 1) If it's wrong isn't wrong? 2) Entire world financial system trump's one industry. 3) If your argument is there's nothing wrong w/ it that's fine but that doesn't mean it will have positive net impact. If your position is that it will, fine.
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So the banking people are different. They hold the keys so if they shit the bed free market rules don't apply. Got it. Too big to fail. And that's how we got Trump.
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That's part of it, and I think what to do about the bank in 2008 was a tough call. The consequences couldn't be known, but could the potential for calamity existed. What to do? I've always been conflicted.
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Plenty didn't carry the day.
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