“Donald Trump is calling for protectionism and protectionism doesn’t work,” began Charles Gasparino in an anti-Trump tirade today speaking on the panel of FOX News Out Numbered. Before the end of the discussion a frustrated Gasparino unfavorably compared Trump to Vice President Joseph Biden as a feckless choice for the presidency.
Gasparino’s comment followed a clip of Donald Trump telling Bill O’Reilly that China was going to bring America down if immediate steps were not taken to uncouple America’s economy from China’s. Gasparino was clearly upset saying that Trump was calling for protectionism against both Mexico and China, two countries upon which our economy was dependent.
Trying to sort out why China could sink the American economy, the panel over-talked one another offering reasons that included debt to China and trade. Andrea Tarantino concluded that American and China had a mutually beneficial but highly destructive relationship with China caused by Obama business policies including over-regulation, over-taxation and soaring debt. Gasparino was hard pressed to sway the rest of the panel from their concern that sometimes protectionism was called for as an economic necessity; therefore, Donald Trump might be right in his warnings.
Watch for the word “tariff” in Trump’s response to Bill O’Reilly which set off alarm bells for Gasparino:
Our government should have stopped China from devaluing. They never even bring it up. You know how they can? Very simply. Bill, it’s so simply. They put a tariff on Chinese goods. You have to do that and then you bring it back to normal. You have no choice. You do that. China does it to us. You think we sell to China without a tariff? They call it a tariff. I call it a tax. There is a total imbalance. You know what the big imbalance is? Intelligence. Their leaders are intelligent. Ours aren’t. We don’t know what we’re doing. We had to do this and it should have taken place a long time ago and you wouldn’t have this bubble right now.
Although a Monmouth University poll out Tuesday in South Carolina shows Trump leading the GOP at 30 percent, Gasparino managed a last Donald Trump slam. When discussing a potential Joseph Biden candidacy, he said that if the Democrats were looking for a savior, Biden wasn’t their man pointing out that Biden had been caught plagiarizing. Finally with a begrudging glum shrug, Gasparino said if the Democrats were going to rely on Biden, then “we might as well have Donald Trump.”