Sunday, June 10, 2018

Posers

In the American Thinker, Ed Straker gives us information about the agenda of the G7 meeting in Canada.
1) "Economic growth that works for everyone." What an odd thing to aspire to! In capitalism, economic growth doesn't work for everyone--namely, it doesn't work for those who don't produce things that people want to buy, it doesn't work for people who are lazy, or don't work hard, and so on. Growth works disproportionately for those who efficiently produce what people want, and those who have useful job skills. Growth that works "for everyone" sounds like liberal code for redistribution schemes.

2) "Gender equality and women's empowerment." We have had gender equality for decades in the G-7. The place where it doesn't exist is in Muslim countries. When Trump showed up late for that meeting, do you think he was interrupting a discussion about women's rights in Saudi Arabia?

3) "Climate change and clean energy." The climate changes all the time. We observe it, but don't cause it. These are code words for more taxes, redistribution, and subsidies for cutting-edge Don Quixote-style technology.

4) "Oceans" (2 sessions!). The oceans are fine. I just checked, they're still there, and still quite wet. But what about checking out what's happening on land masses, or better yet, what's happening to people who live on them?

...You would expect a meeting of the leaders of the most important countries to be concerned about fighting terrorism, reducing taxes and regulations, and reducing trading barriers. That last issue was the one that President Trump focused on, to the dismay of the other attendees who wanted their usual painless photo op where they could virtue signal about women or the environment.

But to their surprise President Trump focused on the important things, reducing global trade barriers, even suggesting the total elimination of all tariffs in all G-7 countries. This would greatly spur economic growth, if agreed to.
Read more here.

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