"China’s leaders have argued that they can outlast Mr. Trump in a trade standoff. Their authoritarian system can stifle dissent and quickly redirect resources, and they expect Washington to be gridlocked and come under pressure from voters feeling the pain of trade disruptions."
😂😂😂😂the LEFT are so clueless. Everything they list as a positive for China is really a negative and everything they list as a negative for the USA is really a positive. Let's count the ways.....
A. Stifle dissent.....If you stifle dissent you are unable to probably adjust your strategy. Dissent is your early warning signal that a policy or strategy isn't working. If you can quickly change when dissent becomes known, you can avoid many bad decisions...
B. quickly redirect resources. To where? You just stifled dissent so you don't have any knowledge on where to send the resources but that's not the major problem with directing resources. There is no way a small group can send resources faster than a free market. It's impossible.
B. (cont) In a free market 100's of millions of decisions are made everyday. These decisions made via self interest directs the resources to the needed places without any need for someone to direct it. There is no way a small group can judge where and who needs resources as well
C. Washington gridlocked...This is a positive. It allows the free market to function without interference by knuckleheads in DC. Instead of a small group of idiots directing resources, 100's of millions will direct them,
D. come under pressure from voters feeling pain .....In other words dissent. This is a positive. Let's use an example. Soybean farmers. Because dissent is allowed in the USA, Trump was aware of the potential soybean farmer problem. He was quickly able to make a deal with the EU.
😂😂😂In one paragraph the NYT explains, unknowingly to them, why command and control economies will ALWAYS fall to free market economies. What they see as strengths are really weaknesses. Let me repeat Leftists aren't Capitalists.
