Nancy Pelosi’s Effective, Chinese Trade Deficit and Tariff Speech in 1996 Has Come Back to Haunt the Left
The democrat party of the 1990s wanted exactly what Trump is doing right now. The only thing that has changed is the millions of dollars Pelosi and others in Congress have made IN CHINA.
Palosi was first elected in 1987 and I do not remember a time where she was more honest than this speech before Congress regarding the trade deficit with China. I would be willing to bet that China probably called her right after this speech and offered to make her a millionaire if she would shut the hell up, because she has not brought the subject up since this speech and she is worth millions of dollars now.
Since Trump won last November, how many talking heads on the left have made the statement that their own party has lost touch with the working class? Even many democrat party leaders have made it clear that the party has moved too far to the left and lost touch, not only with the working class, but sanity as well.
The trade deficit is the working class. It isn’t just a deficit with China…it is a deficit with the entire world, as there are few countries that do not impose exorbitant tariffs on US imports to their nations. Anyone calling the current status quo, “free trade” is a couple sandwiches short of a full picnic.
Trump did not start the trade war that has been firing on all cylinders against the US, but he sure as hell is working on ending it with a win. With all the bluster on the left about how these tariffs are going to increase prices on imports, it has now been confirmed that 50 countries, including India and Taiwan have requested negotiations, with Taiwan proposing zero tariffs…in other words, free trade.
The left, the political class all scream the propaganda talking points of tariff induced price increases and devastation for the American middle class, yet they told all of the middle class to shut the hell up during the Biden-flation years when everything from eggs to energy went through the roof, causing nearly 30% of the middle class to disappear.
How many times have we seen that the left was for something, before they were against it? And now, the only reasons they are against it is because they stand to lose millions in personal income and because Trump is the one fixing the rudder and steering the ship!