My America

Chapter 514: Reduce tariffs

Gail spent ten days visiting Washington, and he moved his affections to the distinguished guests of Puerto Rico. The main thing is to let the other party know the current situation. At least for the current four years, the country ’s powerful force is the Democratic Party. , To perform the duties of an opposition party, and at the same time do not cause trouble to the ruling party.

Perhaps the Republicans have not yet learned how to do a good job for the opposition party. In friendship, Gail felt the need to remind them to recognize the current situation.

After doing all of this, Gail left Washington without stopping and returned to New Orleans. There was no factor in this broken place to be nostalgic, or the warm climate in the south fascinated him.

"Isn't there any hard-working Congressman who doesn't respect you?" Sheffield was a little curious and squatted down to spread the dog chain to let the dog go to the party and chat with Gail.

"It ’s not completely absent. As you said, there are far more idiots in this world than smart people. But, whoever can become a parliamentarian finally knows the gains and losses, and now that the Democratic Party is strong, It is not as difficult as imagined to achieve the goal, the main reason is that we won this national election. "Gael held a cigarette and cynically said," If you don't win, it must not be so easy. "

Sheffield nodded his approval. The so-called democratic checks and balances require a certain tacit understanding. But if the two parties have no tacit understanding, only hostility, the fate of the opposition party is not so wonderful. Take the artillery party who has retreated to the fraud island, for example, it is not enough to describe its incompetence.

Comparing the Republican Party with the Artillery Party, although it has insulted the Republicans somewhat, the United States is much better in this respect. But the president and the majority of seats are in the hands of one party, and the Republican Party has little left to check and balance.

If it is in a later generation, the ruling party can also be checked and balanced by fighting for the Federal Supreme Court. But in this environment of the early twentieth century, the Supreme Court is actually sorry for the declared status.

Within the United States, the Supreme Court has long been a role that has grown and flourished under bipartisan politics. One of the landmark events was Taft who should have been president this time.

Taft has been salivating about the position of the Supreme Judge, even greater than his interest in being president. Because of his relatively special experience, he became the president and then the supreme judge, thoroughly making the Supreme Court a level of the political system, and the Democratic Party and the Republican Party began to pay attention to the opinions of the Supreme Court.

But now? Taft did not become president, so naturally he could not establish the status of the Supreme Court.

Taft thought it was not a matter of a day or two to become a justice. Even when he was a president, he deliberately appointed elderly judges. Taft's adjustments to the Supreme Court later borne fruit. After more than ten years, Taft will lead the leader of the judges that he personally appointed.

At the time when the authority of the Supreme Court was established, Taft was a very important person. Because he was a president, he liked to cooperate with Congress as his goal. The authority of the Supreme Court greatly increased under his leadership. But now that he is not a president, the Supreme Court is still in a role as a slime, and cannot be a weapon for the Republican Party to check and balance the Democratic Party.

At the current age of the Supreme Court, it is very likely that the Democratic Party will be replaced by a judge who supports the Democratic conservative philosophy within the next four years.

"It seems that our goal has been achieved." Sheffield sighed and sighed. "It's good to cooperate with the party I like, otherwise I don't want to say how I have been thinking about helping the Democratic Party regain the power for many years."

"Well, it's true to hear you say this. I couldn't be happier when I saw the Democratic President in the White House," Gael said as he pulled out a pack of cigarettes from his pocket and pulled out one at will. He threw his hand into Sheffield's hand, took another one for himself, and dipped it into his mouth.

"We are essentially the same!" Sheffield smoked a cigarette to let Gail ignite himself, expressing gratitude, "For example, those of us who have been glorious and watched the Democratic Party control the country, how can we always look at Yang Ji's arrogant clamoring there? The United States was originally ours, how many years ago was the Republican Party established? A good opposition party should be the position that the Republican Party should have had. The country has made mistakes, but now it is just The beginning of correction. Our good days are still growing. "

Is there only gold in the hands of the slave owner? That's not true. In fact, there is not much gold in his hand compared to silver. Now waiting for Europe to fight, the demand for precious metals will definitely increase. In the face of war-swallowing behemoths, the warring countries still care about the gold or gold standard. It is good to have it, and it is not unusable.

The matter of tariffs can be resolved through Congress, but it cannot be resolved through Congress alone. There is definitely a necessary process for waving the flag, and Sheffield simply is not very familiar with this kind of operation.

Today, the New Orleans Morning News of the New Orleans Publishing Bank conducted an economic report with a tremendous amount of content. The core content is the tariff issue, which has now caused widespread debate, and analyzes the pros and cons of the tariff issue. High tariffs promote exports, and low tariffs promote imports. It is just a manifestation of the tariff problem. In fact, the level of tariffs is a very complicated question.

From last year to the present, the entire United States has generally experienced economic stagnation, and various industries have experienced varying degrees of decline. The economic decline will inevitably tighten the federal government ’s money. At present, the domestic capital loss is very serious. Essentially because of the international environment It was left there, blood was drawn by the British Empire.

Of course, the blood drawn by the British Empire cannot be written. This is inconsistent with the propaganda of the American century. Writing it will only increase the annoyance of the citizens of the United States and let the United States and the British Empire go to war? The federal government has no such guts.

Sheffield has always known that the United States has always dealt with weak and heavy punches, and against powerful opponents. Do not pull out dozens of countries together on the battlefield. It is nonexistent to go up alone.

Fighting the money shortage is nothing more than two tricks. Either open a money printing machine to print money, or strengthen supervision, or use both. However, the United States at the beginning of the century cannot choose the former, but the British can do so.

From the perspective of macroeconomics, the currency circulation of a country is constant for a certain period of time. The adjustment of this coefficient is in the hands of the central bank. Once the phenomenon of inflation occurs in the national economy, the central bank will Policies will be introduced, monetary tightening will be implemented, the central bank ’s reserves will be increased, and bank deposit interest rates will be raised.

But in the United States of America, there is no such thing as a central bank. It almost came out and was killed by the slave owner.

The New Orleans Morning News links the two issues of tariffs and antitrust law, which is a new approach. It has been directed for many years. Because of the increase in tariffs to prevent foreign companies from entering, it has objectively caused the growth of major trust companies. These trust companies not only did not use strong power to promote technological innovation, but also used high tariffs to do wrong in the country, disappointing citizens' expectations of their own companies to become bigger and stronger.

Now internally has caused the consequences of the growth of major trust companies, which in turn allows citizens to choose inferior products. The New Orleans Morning News called for tariffs at the end of the year to allow European companies to compete. It is definitely not a bad thing, but will become a driving force for innovation.

I think that even if the antitrust law runs unhindered, it will not solve this entrenched problem. To increase competitiveness, it is better to reduce tariffs to let these self-proclaimed already powerful trust companies meet the competition.

If these trust companies are really as strong as they claim, this competition will not have an impact on the industry of the United States. If they cannot adapt to this competition, they will be defeated.

"I absolutely do not believe that for so many years, our seemingly powerful industry cannot withstand the impact of outsiders." The New Orleans Morning News concluded with an encouraging word.

This whole report was naturally dictated by Sheffield, and his wife, Anne, was a witness. After seeing this article published, she was pleased from the heart, "William, you are like a real economist . "

"True economists are scammers who continue to overthrow their predictions the day before. I told you earlier that the economy only seems to be related to mathematics because of statistics. But in fact this is the illusion of deceiving the public." Sheffield's compliment to his wife was all accepted, "As long as the skin is thick enough, anyone can be an economist."

Sheffield can't direct Alton Parker what to do. They are the president of a country, not Martin Luther King II, the black butler of the Sheffield family. But through some good intentions, this is completely no problem. As for whether Mr. President has received a signal, it depends on whether the tariff bill is passed smoothly.

From April 1 until the end of April, Sheffield has been preparing for the shopping festival. The Senate and House of Representatives in Washington voted again on the tariff issue. The Democratic MPs really took it out. Powerful administrative power cannot solve the problem fundamentally, without reducing tariffs, and let the invisible hand of the market improve competitiveness.

On the last day of April, the two parties voted on the proposal in Alton Parker ’s State of the Union Address. With both hands prepared, Congress successively passed resolutions on racial breakdown and tariff reduction. Alton Parker's road to power began with a smooth start. Congress will decide to reduce tariffs within three months and promote domestic competition.

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