Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Tuesday, April 24, 2018

Why i MAGA works


The Democratic Party right now is running on one brand of fuel.  Anti Trump. It cannot continue this way. It may result in wins in 2018, but  what about 2020? There is no star power yet emerging in the Democratic Party and former Vice President Joe Biden is still showing up at the top of the polls.  There may be a good reason for that. He may be a “safe” candidate in the eyes of voters who made the difference in 2016.
A  study just  published in the Proceedings of the National Academy of Sciences  took a close look using approved scientific methodology at those who had voted for Mitt Romney, Barack Obama earlier and then voted for Donald Trump in 2016 instead of Hillary Clinton. It found “ that change in financial well being had little impact on candidate preference. Instead, changing preferences were related to changes in the party’s positions on issues related to American global dominance and the rise of a majority–minority America: issues that threaten white Americans’ sense of dominant group status.”  That dominant group was white, Christian, and heavily men who saw that they were to become the minority by 2046. What changed their vote had little to do with kitchen table, pocketbook issues, but it was their concern that they as a racial and cultural group were losing power.

Those findings of the  study sound plausible because they explain much about what has been a puzzle.  Why did “Make America Great Again” (MAGA) as a slogan resonate as it did and still does? I remember one attempt by a late night TV host  asking Trump supporters waiting to get into a Trump rally, “ back to which date or era would you like to return again ? “ They could only mumble some sort of an unspecific answer.  It was not economic disadvantage, either. Most primary voters for Trump were affluent Republicans and their education level was average for Republicans. Most Trump voters in 2016 were not blue collar working class.

What has always left me wondering  is why the pocket book kitchen table economic issues Donald Trump’s administration enacted , but   had promised, hurt the pocket books of the very middle class for which he claims to speak. He was trying to make health care and college tuition  more expensive and he signed a deficit busting tax bill that obviously benefited the already rich and corporations with so little impact on the amount take home pay or was felt by less than 50% of working people.   He waffles and backtracks on raising tariffs or supporting trade policies that hurt the Midwest farm belt, yet at the same time, his poll number are rising a few points. He seems to be given a pass on failing, and points for trying and for channelling their cultural anger. However his anti immigrant policies toward people of color or  of a different religion had nearly guttural approval, laced with exaggerated venom and fear mongering. Trump even calling some Nazi demonstrators “fine people” did not bother his core supporters. The bogey men raised to strike fear in the hearts of misogynist Trump supporters are women, Nancy Pelosi and Hillary Clinton. His immoral  personal behavior has only energized Evangelical Christians since he has supported their political action agenda. His coddling up to Russian election interference has had no impact on poll numbers. After all, Russians were on their side in 2016. What that means now is that traditional Democratic economic pocket book issues are less important planks in a campaign platform than is the cultural, racial, or gender of the candidate they choose in 2020. Factors that could turn this theory upside down are an extremely damning Mueller report or an abrupt economic downturn.
_______________________________________________________________________Trujmp has lied tie and time again about how he has made America respected in the world again. That one is a whopper ...Factcheck,orge ctied a couple of polls showing of 37 countries surveyed 35 showed a drop in respect under Trump and the most dramatic drop was in countries that we count as our closest allies. We have lost the world's respect...making America weaker again. https://www.factcheck.org/2018/05/factchecking-trumps-nashville-rally/
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https://www.thenation.com/article/why-evangelicals-still-support-trump/





http://news.gallup.com/poll/226178/gender-gap-trump-approval-bigger-predecessors.aspx

https://www.washingtonpost.com/opinions/trump-is-manufacturing-an-immigration-crisis-heres-why-that-helps-him/2018/05/03/2db611d2-4f0e-11e8-af46-b1d6dc0d9bfe_story.html?utm_term=.7e4fbb90e669

Wednesday, April 4, 2018

Heads up Colorado: Tradewars with China hurt Trumpland the most

A version of this was published in the Sky Hi News April 11, 2018
https://www.skyhinews.com/news/opinion/muftic-china-hits-the-u-s-heartland-with-trade-wars/

Update May 2018: China has not waited for tariffs to rise; they just stopped buying US soy beans. China is the largest market for US soy beans...not any more. https://www.cnbc.com/2018/05/02/it-appears-china-has-stopped-buying-soybeans-from-the-us-altogether-because-of-trade-fight.html?__source=sha
"
  • China canceled a net 62,690 metric tons of U.S. soybean purchases in the two weeks ended April 19, the Bloomberg article pointed out, citing USDA data for the current marketing year.
  • The country is the second largest market for U.S. agricultural exports, and soybeans have historically have been one of the top products sold to the Asian giant, according to the U.S. Department of Agriculture Foreign Agricultural Service."

Northeastern Colorado is like Nebraska,  from Ft. Morgan through Hillrose (my father’s birthplace) past Sterling  to the Nebraska line. The last crop my grandfather raised was soybeans.  In fact, Colorado State University has recently promoted more soybean planting because of its potential as a biofuel.  Beef in Colorado is a $3.7 billion per year industry. I live in Colorado’s cattle and hay raising country. China had just lifted bans on US beef imports, but now they have just raised tariffs on  US beef as well.

A couple of weeks ago family members and I took a 2400 mile  round trip drive from Denver to Iowa’s southeastern border with the Mississippi , mostly following !-76 and I 80, for a memorial service for a family member. It had been over twenty years since I had traveled across far northeastern Colorado, Nebraska, and Iowa, the roots of both sides of my parents’ and my  grandparents’ families. When I last made that trek I remember passing one corn field after another. This year for every two cornfields I saw was one field planted in soybeans. Towering above the landscape were new looking ethanol processing plants. Farm houses looked well maintained and the heartland looked prosperous. However,  Donald Trump’s trade policy has just resulted in China retaliating by raising tariffs on US imports from our agricultural heartland.


The Chinese are no dumb bunnies.  China is also the largest market for US soybean exports.They know GOP political leaders in Congress come from soybean, corn and hog land and they targeted their trade retaliation to hurt them the most. Several  Colorado GOP members of Congress represent agricultural producing districts, as well. When President Trump announced his war on China’s steel imports to make good on a promise to the rust belt, I wondered if China would retaliate against the agriculture sector .They did.
The Chinese announced  their retaliation and raised their tariffs on soybeans, beef, and pork.   I recall listening to the radio in my early years in traveling across the heartland that livestock and grain prices and their  future markets were reported early in the morning which would determine what farmers would plant or what and when take to market.    The agricultural futures market and the DOW crashed because of the Chinese retaliation to Donald Trump’s trade policies. The DOW recovered some when China seemed to back down on threats to raise tariffs on the import of US cars, but so far that would help the rust belt but does nothing for the heartland. At this time the tariff raising wars are at the threat stage but it looks like agriculture will still be left in the dust.


But wait, you say, those farmers can still make money on raising corn and soybeans for biofuels. Do not count on the Trump administration itself to care about soybean farmers’ biofuel agriculture. Last week Scott Pruitt,  who heads the Environmental Protection Agency, announced a roll back of clean car engine standards.The auto industry that has relied on biofuel mixed with gasoline to reduce emissions. Pruitt is the administration's’ chief fossil fuel supporter . He hails from Oklahoma and is beset by scandal for his closeness to oil lobbyists.  Ron Zinke, secretary of the Interior, a former congressman with campaigns funded heavily by the fossil fuel industry , is the same who opened up much of Utah’s Bears Ears for oil and gas exploitation. The fossil fuel industry has always resented biofuels that cut into their sales of oil and gas.


 One of the pillars of Trump’s support is a thriving economy, but this could be weakened  in both the heartland and by rising food prices to consumers everywhere thanks to the trade wars just launched by the President. As this is being written, Trump is ignoring howls from the heartland and threatening China with even more tariffs.



http://farmdocdaily.illinois.edu/2013/07/concentration-corn-soybean-production.html

http://brilliantmaps.com/2016-county-election-map/
http://texasfarmbureau.org/agrilife-colorado-state-focus-beef-trade-china/
https://www.coloradocattle.org/coloradobeefstatistics.aspx
http://www.extsoilcrop.colostate.edu/CropVar/soybean.html
https://www.vox.com/energy-and-environment/2017/6/13/15681498/trump-government-fossil-fuels
http://www.nationalhogfarmer.com/marketing/world-pork-production-and-trade-keep-expanding
https://www.nytimes.com/2006/07/13/business/13ethanol.html
https://www.ers.usda.gov/data-products/us-bioenergy-statistics/
https://www.washingtonpost.com/news/politics/wp/2018/04/04/chinas-retaliatory-tariffs-will-hit-trump-
http://www.nydailynews.com/news/world/china-cut-car-tariffs-trump-trade-war-fears-article-1.3924839 https://coloradopolitics.com/farm-bureau-china-tariffs/