∞∞∞ wrote:CAA Flagship wrote:
Aside from the context of war which doesn't apply here, the key words are "good plan."
While I can appreciate Patton's sentiment, it's easy to incorrectly apply this way of thinking in places where it's not appropriate. Faster isn't always better, especially if the end product suffers as a result.
I agree. I have always been somewhere in the middle of speed and research when making a decision. I prefer to have as much information as possible before I make a decision, but sometimes you have to forge ahead due to time constraints.
For Trump, the time constraints are several factors. The first being the limits of his term. The second being the strength of the economy. I have heard a lot of complaining about the tariffs, while at the same time agreeing that we have been getting screwed for a long time, but I haven't heard any plans that are different than what we have already tried. It's a bold move. If he pulls it off, it will be great for America, and some other countries operating at a trade deficit. If not, we can call off the dogs.
But we are in a position of strength. You can't win a tariff war if you are a surplus nation. Eventually you run out of ammo. I think this plan of action has gone through a lot of thought. I think we have calculated every retaliatory move that can be made and determined that we can withstand them all. The thing I'm wondering about is how we will address the strengthening dollar. It will be interesting to see what happens with that. An overly strong dollar is the only hope our trading partners have at winning this.