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Showing posts from September, 2016

US election debate - An Australian viewpoint ! Trump wins on the economy then gets bogged down into non issues

The account below is from a conservative Australian journalist. I thought an outside view might be more balanced It was a tale of two debates. And for each candidate, it was both the best and worst of debates. For the first half-hour, Donald Trump wiped the floor with Hillary Clinton. It looked as though the New York property mogul would win not only the debate but the presidency itself there in Hofstra, New York, in one debate. He spoke in the powerful, plain language of everyman. Clinton began with characteristic politician waffle about building the right kind of economy. Trump’s appeal was visceral and direct: “We have to stop our jobs being stolen from us and our companies leaving us.” There is, of course, a lie at the heart of Trump’s appeal. Free trade has been good for the American economy. A dynamic economy destroys old jobs and creates new ones all the time. In so far as old jobs have been lost, this is much more because of technological change than trade.