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Trump Propaganda War With China

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Trump Has Won the Propaganda War With China


Sun, 05/24/2020 - 20:50
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Authored by Tom Luongo via The Strategic Culture Foundation,
https://www.strategic-culture.org/news/2020/05/23/trump-has-won-propaganda-war-with-china/

Donald Trump has finally won a war. It’s a war he’s uniquely suited to fight, a propaganda war, and he’s successfully waged it on China through his command of Western media.



Stating this doesn’t imply any kind of judgment on my part as to whether he should or should not have waged this war with China. He has and he has emerged victorious, thanks to his reframing the threat from COVID-19 as an evil Chinese plot to kill millions of people.

Now, I’m convinced that the circumstances surrounding COVID-19 were a plot by evil people to kill millions of people and usher in a bleak, authoritarian nightmare they’ve had legislation and action plans written to execute for years. I’m just not convinced it was China that was wholly behind it.

In fact, my fundamental problem with Trump’s China propaganda war vis-à-vis COVID-19 is that it lets the real culprits for how it unfolded around the world off the hook. But, ultimately, that’s a different discussion.

Today’s discussion is about where things stand between the U.S. and China and what’s on tap for the future. Why do I think Trump has won his war against China?

Simple, the numbers.

A recent poll by Bloomberg https://www.bloomberg.com/news/arti...paign=socialflow-organic&utm_content=business
found that 78% of Americans are willing to spend more for products made in “Not China” than in “China.” Moreover, that poll goes onto say that 40% of Americans now say they won’t buy anything at all from China.


I can tell you that more people I talk with personally here in the U.S. are at this point. I’m not one of them. While, personally, I’d prefer my food, clothing and basic necessities be made as close to home as possible it has nothing to do with antipathy with China or Chinese people.

To me that’s just wise, defensive living. In times of crisis, basic necessities should have supply chains as short as possible. Honestly, I would say the same thing about stuff made in California or Idaho. But economic reality is that Idaho is better at growing potatoes and California almonds than Florida is and therefore those supply chains aren’t likely to change much.

That doesn’t mean, however, my wife isn’t growing potatoes this year or that I’ll miss them if my local Winn-Dixie is out of them because the truck was late or the harvest poor.

It’s called comparative advantage and it is the basis for all productive economic interactions. And in some areas of the economic sphere China is superior to the U.S. currently, and until the dynamic changes people will complain about “Made in China” but they will still buy what they need, especially in a country with 40+ million people out of work being acutely price-sensitive.

But that said the poll numbers found by Bloomberg will rise over the next couple of years because things will get that desperate here in the U.S. and people want to work and be willing to work for less.

That can only happen, however, if the barriers to local commerce are lifted. And that lies at the feet of government at all levels, which are, by definition, funded by the private sector. Like it or not, folks, government has no money of its own. Everything it has it has after taking it through taxes.

Trump is clearly pursuing policies to decouple the U.S. and China’s economy to as great an extent as possible to help the U.S. economy regain its domestic productive capacity. And he’s been very systematic about it. This propaganda war and his attacks on China over their handling of COVID-19 are just the next stage of this.

He began the process with his tax cut plan which cut corporate taxes as well as small business and self-employment taxes, reversing decades of ruinous policy designed to destroy the American middle class and offshore U.S. productive capacity. He’s quietly been slashing federal department budgets and staff and lifting mandates on states.

That process is slow, very slow, during normal operations.

But that wasn’t nearly enough and now he’s faced with the next task, which is to cut taxes again and incentivize the onshoring of manufacturing. His Chief Economic Adviser Larry Kudlow floated that idea last week. Republicans in Congress didn’t like it. And one has to wonder why?

It’s not like the current budget looks anything like what tax receipts are going to total this year or next. The deficit will be above World War II levels. More likely they would rather dole out checks of funny money than not collect the money in the first place. That way the power continues to flow through D.C. rather than go back to the people themselves.

But to change the direction of a now floundering U.S. it is going to take more than that and Trump’s willingness to use his broader powers under the auspice of the COVID-19 national emergency to cut government regulation and red tape is the next step forward on this path. https://tomluongo.me/2020/05/20/only-thing-morbidly-obese-dc-government/

Never let a crisis go to waste right? Well, the Democrats are pushing for a China-esque total surveillance state and Green New Deal all rolled into one $3 trillion monstrosity, which, if passed, would only make the U.S. even more uncompetitive and hasten its demise.

Trump is finally doing the same thing, by going in the complete opposite direction.

The key to reversing China’s comparative advantages over the U.S. is removing the barriers to commerce which make local production unattractive. It’s that simple. And with oil prices now very low and low for a long time to come, Trump is now fighting lower shipping costs from overseas.

The U.S. maintains an extravagant government at not only the federal level but state and local as well. The American people can follow Trump blaming China all they want, but China is the symptom, government is the disease.

To solve this problem they have to look at themselves and admit this addiction to government itself is the barrier to them getting back to productive, happy lives.

I generally lay that blame for this extravagance at the feet of the cozy relationship between the Federal Reserve and the Treasury department creating money like crazy and allowing Congress and Presidents for two generations now to bribe voters with handouts from our future.

That future is now here.

And as individuals we have to face that.

I’ve said for a long time that anywhere from 20-40% of U.S. GDP is a phantasm born of fake money. It is waste and sloth within a system designed to hollow out the middle class and roll wealth up to an international oligarch class. Remove it and you get a better sense of what GDP and the cost basis for production truly is.

The same thing goes for China, by the way. Strip out the financialization and how much real economy is left?

That oligarch class just pulled the plug on that portion of the U.S. economy and I have no doubt that China had a hand in helping that along. It would be in their strategic interest to do so.

Thanks to Trump’s ham-fisted propaganda the American people now get this in the broadest terms.

And he’s willing to do both great and terrible things to change the dynamic. This much he has shown in spades. This war with China he’s waging has only just begun. He has the American people on his side, now he just has to convince the chattering class in D.C. that the old way of doing things is over.
 

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78% Of Americans Are Willing To Pay More For Non-China Made Products; Poll

A Bloomberg poll has revealed that an overwhelming majority of Americans would be willing to spend more money on products if they are manufactured outside of China, with 40% saying they simply will not buy anything made in China at all.


In addition to these findings, 55% said that they do not believe China can be trusted to fulfil its trade-deal commitment to buy more U.S. products, while 66% said they favor raising import restrictions over the pursuit of free-trade deals as a better way to boost the U.S. economy.






The findings come as President Trump announced that he now feels ‘differently’ about the trade deal he signed with China earlier this year.

”I feel differently now about that deal than I did three months ago,” Trump told reporters Tuesday.


https://youtu.be/vOPwvbnnjMw


”We will see what all happens, but it’s been a very disappointing situation. Very disappointing thing happened with China because the plague flowed in and that wasn’t supposed to happen and it could have been stopped,” Trump added.

”Once the virus came in, once the plague, as I called it, came in, I said how did they let that happen? And how come it didn’t go into other sections of China? Why did they block it from leaving Wuhan? But they didn’t block it from going to the rest of the world, including the United States. Why is that? Beijing doesn’t have it. Other places don’t have it,” he continued.

The President touted trade deals that the US has with other countries.

“People don’t realize the amount of business that we do with Canada and with Mexico is monumental. It is the biggest trade deal in the world, bigger than the deal we made with China, most people don’t know and the China deal is kicking in.” Trump said.

Earlier this month, Trump tweeted that 100 trade deals with China wouldn’t make up for the ‘plague from China’.


As I have said for a long time, dealing with China is a very expensive thing to do. We just made a great Trade Deal, the ink was barely dry, and the World was hit by the Plague from China. 100 Trade Deals wouldn’t make up the difference - and all those innocent lives lost!

— Donald J. Trump (@realDonaldTrump) May 13, 2020
 

Boober69

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Trump has the balls to stand up to China.
That's why he's the POTUS and will be again this coming Nov.

Trump 2020!
 

y2kmark

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May 19, 2002
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One thing puzzles me...

Why isn't the Trump administration shining a light on the Chinese transplant racket? CBC had it months ago. Oh, and what if CTs are true and it's all part of a Chinese plan to take us over? Just look for them to start knocking down US satellites...
 

Boober69

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Feb 23, 2012
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Why isn't the Trump administration shining a light on the Chinese transplant racket? CBC had it months ago. Oh, and what if CTs are true and it's all part of a Chinese plan to take us over? Just look for them to start knocking down US satellites...
It amazes me how many on this board, while fully acknowledging China's tactics, support them over Trump...most likely in spite.

Case & point, they gloss over the fact that China lied and hid information about the virus...but then say Trump didn't do the right things to prevent the spread.

Gives you a glimpse into how much the rage and hatred blind these poor TDS sufferers.
 

bver_hunter

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Donald Trump Could Be About To Lose U.S. Dollar Hegemony To China:

Donald Trump is threatening to reignite the U.S.-China trade war even as the world teeters on the brink of the worst recession since the Great Depression of the 1930s.

Tensions between Trump and China have deteriorated since the coronavirus pandemic began and the U.S. dollar's dominance has emerged as a potential future flash point.

Now, Trump has been warned China-led central bank digital currencies pose a "great threat" to U.S. geopolitical power and U.S. dollar hegemony—and China could "win the race" before the U.S. even starts.

"[The U.S. dollar] is by far the most dominant currency anywhere in the world, and it will always stay that way," Trump declared last year in a Twitter tirade against Facebook's newly revealed libra cryptocurrency and bitcoin, a scarce digital asset that's not backed by physical goods or a government.

A new report from Wall Street banking giant JP Morgan suggests otherwise.

"There is no country with more to lose from the disruptive potential of digital currency than the United States," a group of JP Morgan analysts wrote in a report this week, finding "this revolves primarily around U.S. dollar hegemony."

"Issuing the global reserve currency and the medium of exchange for international trade in commodities, goods, and services conveys immense advantages," the report authors, including the bank's chief U.S. economist, Michael Feroli, and head of U.S. interest-rate derivatives strategy, Josh Younger, wrote.

Central bank digital currencies, sometimes called CBDCs and often inspired by bitcoin's blockchain technology, have become a popular topic of discussion among world leaders and central bankers in recent years with China by far the closest to issuing a fully digital version of its yuan—something that's expected to happen at some point in 2020.

Central bank digital currencies are expected to work just like regular coins and notes issued by central banks but exist entirely online. Instead of printing or minting currency, central banks would issue digital dollars via online accounts—similar to the commercial banking apps that have exploded in popularity in recent years.

"Though free-floating cryptocurrencies and private stablecoins have struggled to gain traction, central bank digital currencies are, in many ways, a compelling alternative," JP Morgan's report, titled You say you want a revolution: Considering central bank digital currency, found, adding "the incentive to offer CBDCs is strongest for the richest nations, given their preeminent position in global financial markets."

While JP Morgan found the U.S. dollar is unlikely to be replaced as the world’s reserve currency in the near future, digital currencies pose a more immediate threat to the "more fragile" aspects of dollar dominance such as cross border payments.

However, the JP Morgan report flags a fundamental problem: "A retail CBDC runs the risk of absorbing large quantities of bank deposits" and risks "disrupting fractional reserve monetary systems."

JP Morgan analysts dismiss this problem, arguing digital currencies can be developed with "a minimum of disruption while preserving their benefits."

But some feel this risk is being downplayed.

"The threat to the dollar's global dominance is even greater than JP Morgan suggests," warned Glen Goodman, a financial author and trading veteran who made a name for himself by successfully navigating stock markets during the 2008 global financial crisis and has been closely following the development of central bank digital currencies.

Goodman thinks the fundamental changes wrought by central bank digital currencies could mean an overhaul of the world's financial system, with China and its predominantly state-run banks relatively unconcerned with upsetting the global status quo.

"After several years of development, China is now within spitting distance of achieving a fully operational digital yuan. Meanwhile, America doesn't even have a project in development. By the time the U.S. gets off the starting blocks, China may have already won the race."

Meanwhile, others have also warned China is already "years ahead" of the U.S. in developing what will become a "central component of a digital world economy."

"U.S. policymakers are unprepared for the consequences [of a digital yuan]," Aditi Kumar and Eric Rosenbach of the Belfer Center at the Harvard Kennedy School wrote this week Foreign Affairs, pointing to the problems a digital yuan will mean for the U.S. in enforcing economic sanctions on the likes of Iran and calling for the creation of a "digital dollar initiative."

"Ultimately, and inevitably, monetary systems are headed toward greater digitization and independence from U.S. intermediaries," the pair wrote.

"China’s digital yuan could be exactly the solution that both allies and rogue nations seek."

https://www.forbes.com/sites/billyb...reat-threat-to-dollar-dominance/#3ed51645810a
 

apoptygma

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It amazes me how many on this board, while fully acknowledging China's tactics, support them over Trump...most likely in spite.

Case & point, they gloss over the fact that China lied and hid information about the virus...but then say Trump didn't do the right things to prevent the spread.

Gives you a glimpse into how much the rage and hatred blind these poor TDS sufferers.
98,334 dead in 'murica, and trump spent the weekend golfing.
 

Boober69

Well-known member
Feb 23, 2012
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98,334 dead in 'murica, and trump spent the weekend golfing.
You can thank China and the WHO for that.

Besides, everyone needs a break don't you think? Even peiople like you who get enjoyment watching death numbers in spite, need a little R&R right?
 

Boober69

Well-known member
Feb 23, 2012
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Trump is the president, the buck should have stopped there.
haha yet when it comes to everything else you fight and sabotage his every move? hahaha the hypcrisy is so predictable!

I didn't realize you were such a Chinese regime lover! Mind you, you are a communist so it makes sense.
 

Frankfooter

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haha yet when it comes to everything else you fight and sabotage his every move?
I'm Canadian, boob.
And while I understand you think I'm powerful enough to stop Trump's actions, truth is my posts on this board have only slowed him slightly.

Trump is such a whiner but I had no idea that his Trumptards are all whiners as well.
The man is president, he's not a victim.
 

Boober69

Well-known member
Feb 23, 2012
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I'm Canadian, boob.
And while I understand you think I'm powerful enough to stop Trump's actions, truth is my posts on this board have only slowed him slightly.

Trump is such a whiner but I had no idea that his Trumptards are all whiners as well.
The man is president, he's not a victim.
If the buck stops with him then let the buck stop with him and stop whining about his every tweet. But you can't...you just pick and choose according to whatever narrative you are spewing at any given time.
 

apoptygma

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Dec 31, 2017
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You can thank China and the WHO for that.

Besides, everyone needs a break don't you think? Even peiople like you who get enjoyment watching death numbers in spite, need a little R&R right?
What kind of leader allows someone else to control the health and safety of his people?
Are you saying that trump was too foolish, too stupid, too naive, too gullible to properly protect the people that he has sworn to protect?
Is that what you are saying boobie? That your mentor is a limp useless dick, that isn't capable of fending off a simple virus from across the globe?
Gee... what would happen if an actual military threat were to approach 'murica's shores? Would he pull out his bone spurs paperwork and go hide in his bunker?
ROTFLMAO!!!!!

Yeah... he needs a break from tweeting and yelling at reporters.
He lives an exhausting life.

Sorry to disappoint you boobie, but you'll find no spite here... just disappointment and astonishment.
 

Boober69

Well-known member
Feb 23, 2012
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What kind of leader allows someone else to control the health and safety of his people?
Are you saying that trump was too foolish, too stupid, too naive, too gullible to properly protect the people that he has sworn to protect?
Is that what you are saying boobie? That your mentor is a limp useless dick, that isn't capable of fending off a simple virus from across the globe?
Gee... what would happen if an actual military threat were to approach 'murica's shores? Would he pull out his bone spurs paperwork and go hide in his bunker?
ROTFLMAO!!!!!

Yeah... he needs a break from tweeting and yelling at reporters.
He lives an exhausting life.

Sorry to disappoint you boobie, but you'll find no spite here... just disappointment and astonishment.
When you are the country that contributes the most funding to the WHO, an organization who was founded on sharing info and protecting the world from illness, you would tend to trust that they wouldn't be controlled by China. Oh well, lesson learned...drastic reduction of funding as a result.

Be honest...if only 1 person died in the US due to the pandemic, you would blame him regardless. So arguing with you is pointless.

Maybe you should make a personal donation to the WHO...I mean China.
 

Boober69

Well-known member
Feb 23, 2012
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Trump said his tweets are official POTUS statements, making fun of them is fair.
Why make fun of them and not just accept them...if your argument is that the buck stops with him? If you believe that, then making fun of him is contrary to your insults.

You accept his leadership and responsibility or you don't. You don't flip flop when it suits your purpose right?
 

Frankfooter

dangling member
Apr 10, 2015
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Why make fun of them and not just accept them..
Because they're fucking stupid.

Donald J. Trump

Great reviews on our handling of Covid 19, sometimes referred to as the China Virus. Ventilators, Testing, Medical Supply Distribution, we made a lot of Governors look very good - And got no credit for so doing. Most importantly, we helped a lot of great people!
On the eve of 100,000 dead.
 

toguy5252

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Jun 22, 2009
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Ever consider that maybe you're too stupid to understand them?

If Trump wasn't POTUS the death rate would be much higher. Prove me wrong if you disagree.
If Trump wasn't POTUS the death rate would be much lower. Prove me wrong if you disagree.
 
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