Rand Paul on Free Trade
TRUMP: The TPP is horrible deal. It's a deal that was designed for China to come in through the back door. We're losing now over $500 billion in terms of imbalance with China. If you look at the way China in particular takes advantage of the US--it's through currency manipulation. It's not even discussed in the TPP.
PAUL: Hey, you know, we might want to point out China is not part of this deal.
Q: But isn't that part of the problem? That if this deal is not ratified by the Senate, then it would actually give China an opportunity to grow its economic leadership?
PAUL: There is an argument that China doesn't like the deal, because in us doing the deal, we'll be trading with their competitors. But we've missed the point a little bit. It's a mistake that we give up power to the presidency on these trade deals. We give up the power to filibuster, and I'm kind of fond of that power.
People sometimes ask me what my worldview is. My response is that even if you've crisscrossed the globe, I'm not sure that the world doesn't change by the time you return to the same spot twice. I really am a believer that foreign policy must be viewed by events as they present themselves, not as we wish them to be.
The President's agenda of increasing taxes on top of a weak dollar policy is inhibiting the country's ability of to compete overseas. One of the fundamental keys to export growth is investment. The correlation between tax rates, investment and export is demonstrated by the tremendous export opportunities and growth of East Asia.
Tax rates affect the investment decisions of firms and individuals by altering the cash flow of investment opportunities, and decrease the return on investment, resulting in overall reduced investment.
In November 2011, my office was happy to participate with the Raw Milk Freedom Riders, who set out to acquire raw milk in protest of raids on small farmers.
The Raw Milk Freedom Riders intentionally purchased and transported raw milk across state lines in violation of federal law.
Civil disobedience. Hunger strikes. Persecuted activists. The food freedom movement has all the hallmarks of the great struggles of the past, and that's because it shares a common enemy with those movements--aggressive and arrogant government.
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