Democracy tends towards protectionism when those harmed by free trade are numerous enough to count. But democracy also demands cheap goods. No one has yet squared that circle.
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Democracy tends towards protectionism when those harmed by free trade are numerous enough to count. But democracy also demands cheap goods. No one has yet squared that circle. Like most people, I haven’t tuned in to Have I Got News For You for years. But when I heard of a staggering omission in last Friday night’s edition, I just had to see it – or, rather, not see it – with my own eyes. The biggest news story of the week – the momentous ruling by the Supreme Court on the meaning of sex in the Equality Act 2010 – was not covered at all, even obliquely. You’d think that the absurdity of the highest court in the land being called to adjudicate on one of the most basic facts of observable reality – that there are two sexes, and that the words man and woman mean, er, man and woman – would be a rich source of mirth, the kind of glorious nonsense that’s a satirist’s meat and drink. But no. Not a word. Zilch. ‘We begin with the bigger stories of the week,’ said guest host Katherine Parkinson, as is traditional. These turned out to be steel nationalisation and the bin strike in Birmingham. We also heard about the Blue Origin ‘mission’, gambling on the election date, Liz Truss launching her own app. But the thing everybody was actually talking about? No. That just hung in the air like a vicar’s fart, with everybody pretending it hadn’t happened. – Gareth Roberts (£) What’s more, the imposition of punitive tariffs on poorer countries like Vietnam will simply impoverish rather than improve the potential importing power of these countries. Disrupting the economic development of poorer countries isn’t going to improve the chances of selling to them. The irony is brutal. Trump’s fixation with trade-deficit “offenders” is punishing the very nations that could one day erase those deficits through development and prosperity. US consumers, businesses, and economic growth will all suffer as a result of the US president’s inability to grasp this elementary logic. There seems to be just one long-term strategy behind all this: unleash populism for immediate electoral returns, blame someone else for the problems that populism inevitably causes, and let someone else deal with the long-term consequences. Of all the most pointless organisations in history, the Soviet Union’s Central Election Commission must be amongst the funniest. In the run-up to election day, CEC would be tasked with the important job of formally approving candidates. Fortunately for them, the Communist Party was happy to take on most of the work. On election day, the Commission would ensure that all processes were properly followed, dutifully noting down the names of any dissenters or abstainers. And, in the wake of the election, the CEC would rigorously audit the conduct of the election, invariably concluding that each poll was an unrivalled triumph of Soviet democracy. It was striking to read the Home Affairs Committee’s recent report into the Southport riots, which adopted much the same tone. The report condemned fears about two-tier policing as “disgraceful”, denying outright the notion that officers were more heavy-handed when responding to right-wing protests. This will raise eyebrows for anybody who can remember the summer of 2020, when Black Lives Matter protests turned violent in cities across the UK, following the death of George Floyd. Often, the police stood by and watched the disorder — a far cry from their response to post-Southport rioting. “Perhaps the greatest paradox of all is that parts of the Maga movement are embracing a form of Right-wing wokery, with their own dark conspiracy theories, cult of victimhood, identity politics, denial of reality, moral grandstanding, hypersensitivity and purity tests. “In this vein, whingeing about trade deficits deserves to be dismissed as critical trade theory’, as Trumpian corollary of critical race theory: it postulates, nonsensically, that any shortfall must be caused by unfair practices, oppression or historic injustice. The ‘woke Right,’ a term coined by James Lindsay, is almost as much of a turn-off as the original Left-wing variety.” – Allister Heath, Daily Telegraph (£) He gives Mr Trump high marks on taking the fight vs DEI, some of the DOGE cuts (with a few caveats), and on energy policy (which in my view is Trump’s ace in the hole). But the broader point Heath makes about where he thinks Trump/Maga is losing it, including this nifty term of Heath’s, “critical trade theory”, is absolutely spot-on. It is, in my view, one of the big blinds spots of today’s populist Right and threatens to undo the good things that a Trump 2.0 might achieve, which would be bad not just for the US, but the West in general. As Heath goes on to write (and remember, he’s a pro-Brexit, free market chap, and not some obdurate Never Trumper), a course correction is needed. And Trump is not incapable of it. In the future, people will study propaganda like “Adolescence” in the way they study “Triumph of the Will” as a way to understand Germany in 1935. [a] trade imbalance is not an inherently bad thing. it can be a very good thing, a beneficial thing. this idea that if we buy $50bn more goods from kermeowistan every year than they buy from us that it implies that they are somehow “taking advantage” or this this is “unstainable” or negative is flatly false. it’s actually ridiculous. it ignores complex trade flows and balancing factors like “capital flows.” people really seem to struggle with this, but it’s not that difficult. you’ll will have a large lifetime trade deficit with the grocery store. you will buy much from them. they will buy nothing from you. is this a problem for you? is it unsustainable? most people seem to sustain this beneficial grocery trade their whole lives. why is it any different if it crosses a border or gets aggregated by nation? (spoiler alert, it’s not) you’ll likely run a lifetime trade deficit with many countries too. you buy a BMW. that’s a deficit to germany. you run a restaurant in toledo. you have no german customers. does this fact harm you in some way? did germany take advantage of you? would it be better for you if we imposed a tax that made that BMW 25% more expensive? no, and if we do, it might create automotive jobs in the US, but the cost to do so is YOUR choice and your budget. Follow the link, read the whole thing. The modern view of a councillor is that they are there to promote state policies, such as Diversity and Inclusion (see, for example, the Equality Act 2010 – and the duties it lays down). A councillor, or even a Member of Parliament, is not there, according to the modern view, to represent ‘reactionary’ residents or constituents – not AGAINST the state, but rather the elected representative is there to help the resident or constituent get benefits or services from the state. And to promote Progressive attitudes and behaviour. I am not saying I agree with the modern view – I am just explaining what it is. After all supporting ‘reactionary’ residents might imply that one shared their opinions and, therefore (according to the modern view – of the training colleges and so on) deserved to share their punishment. Labour and its fixation on Net Zero must also take responsibility for the pending death of British Steel. It was Labour, in 2023, that promised to invest in ‘all available clean-steel technologies… innovations to make the UK a world leader in clean steel’. In the same press release, then leader of the opposition Keir Starmer committed to ‘greening the steel that will make the solar panels and wind turbines built to power our homes for years to come’. This was thoroughly delusional. Not only are solar panels and wind turbines not the answer to our energy needs, but there also aren’t even any British factories making solar panels at present. Similarly, it was Jonathan Reynolds, in February this year, who claimed that decarbonising steel ‘will never mean deindustrialisation’, boasting of Britain’s ‘world-leading research and development capabilities’ in the sector. But this isn’t true. Between 2021 and 2023, Tata, a leading investor in steel research and development, spent just £11million annually on ‘green steel’ research. It will take many more millions (and many more years) for decarbonisation to ever result in anything but deindustrialisation. My only objection to this article is it should read “The Labour and Tory fixation on Net Zero must also take responsibility…” I know he trash-talks. I know that much of what he says is aimed at his base, so it should be taken with a pinch of salt, but this is bizarre. Greenland is not part of the United States and has no desire to be. If the USA wants to enter into trade talks that give them mineral rights or even defensive bases, then fine. But talk of taking it is no different to what is going on in Ukraine – a bigger, hostile neighbour taking by force. In reality, they could do it. Greenland could not withstand an invasion, and despite its tough talk, Denmark would be unable to offer much assistance. Denmark, like the rest of Europe, is weak defensively, and the US administration knows it. Despite the trash-talking, I really don’t think he would go that far. Would he? As I say, what the Hell is going on here? But do you consider that there is no security in the policy which we indicate? For here again if you debar us from talking about justice and invite us to obey your interest, we also must explain ours, and try to persuade you, if the two happen to coincide. How can you avoid making enemies of all existing neutrals who shall look at our case and conclude from it that one day or another you will attack them? And what is this but to make greater the enemies that you have already, and to force others to become so who would otherwise have never thought of it? – Thucydides nails it. For once I agree with Rory Stewart, which is disconcerting. As most of you will know, I covered the sentencing of the Southport Killer live on Twitter/X as event unfolded in the courtroom on 23 January 2025. During the hearing, I created a timeline recounting what happened on the day of the attack, minute-by-minute, so that the public could see the full horror of this attack, and what had been kept out of the media. This was followed by indirect criticism from Merseyside Police who claimed the families had asked for the details of the case not to be published. This had been a lie, told for the convenience of the Police who did not want a riot to breakout as a result of their lies and inaction. Read the whole thing. Keep comments relevant. |
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