Globalization’s So-Called Winners and Losers

This post explains how we have all grown richer from trade. It corrects some fallacies that are prevalent among people who do not understand that trade — with your grocer down the street or a car maker in Korea — is a positive-sum result. Both sides benefit; you gave someone money and in return you received groceries or a car.

Analyst Chelsea explains it better. Here.

My view is the main problem is the political class — politicians, bureaucrats — have distorted the give-and-take of the economy that it does not work correctly. In other words, they broke it.

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Trump, Hillary to Spend More, Johnson Promises Balanced Budget

“Clinton would increase spending by $1.45 trillion over ten years, from 22.1 to 22.7 percent of GDP.” Under Trump, spending would increase “from 22.1 to 22.5 percent of GDP.”

Up is up, and everyone pays for it in some way.

From Johnson/Weld:

Governor Johnson has pledged that his first major act as President will be to submit to Congress a truly balanced budget. No gimmicks, no imaginary cuts in the distant future. Real reductions to bring spending into line with revenues, without tax increases. No line in the budget will be immune from scrutiny and reduction. And he pledges to veto any legislation that will result in deficit spending, forcing Congress to override his veto in order to spend money we don’t have.

This is a normal economic plan. Reduce government outlays and keep resources in the private sector.

Here.

FBI Access to Browser Histories Without Court Order

Both parties, Democrats and Republicans, are getting closer to letting the FBI access your personal information without accountability. Getting a court order provides some oversight by a judge, depending on the integrity of the judge.

This is another bureaucracy on autopilot, leaving our elected officials unaccountable for its actions. The IRS comes to mind and both parties support this corruption.

All those partisan pundits cheering their side and booing the other have zero credibility and no principles.

Definitely time for a third party, and make it Libertarian.

Here.

Democrats Against Your Rights

So far, Democratic Presidential candidate Hillary Clinton is on record fighting to restrict your:

first amendment rights: https://www.hillaryclinton.com/issues/campaign-finance-reform/ and

second amendment rights: https://www.hillaryclinton.com/issues/gun-violence-prevention/ .

Will she join Sen Joe Manchin (D, WV) in restricting your Due Process rights: http://www.politico.com/story/2016/06/joe-manchin-gun-control-224425 ?

Trump’s record is well documented elsewhere.