Trump And The Return To The American System

[dmallord]

Trump and Our Return to the ‘American System’​

Tim Overton | April 06, 2025

Few economic philosophies have shaped America’s prosperity as profoundly as Henry Clay’s American System—a blueprint for national strength and self-sufficiency. Developed in the early 19th century, Clay’s vision centered on protective tariffs, a strong national banking system, infrastructure development, and the responsible use of natural resources.

These pillars propelled the United States into economic dominance. However, in the latter half of the 20th century, Cold War geopolitics led to a significant departure from these principles. Today, President Donald Trump’s economic policies signal a revival of the American System, aiming to restore national industry, energy independence, and economic resilience.

One of the key components of Clay’s American System was the use of tariffs to shield domestic industries from foreign competition. Clay and his contemporaries understood that fledgling American manufacturers needed time to grow without being undermined by cheaper imports. This approach helped transform the U.S. from an agrarian economy into an industrial powerhouse.

Trump’s embrace of tariffs is a modern adaptation of this strategy, aimed at protecting American businesses from unfair foreign trade practices. His policies seek to revitalize domestic manufacturing, reduce dependency on foreign goods, and address trade imbalances, particularly with China. Additionally, tariff revenue contributes to lowering the national debt, reinforcing economic sovereignty.

More here: https://www.dailysignal.com/2025/04/06/trump-our-return-american-system/

This is the plan.

Yeah... That's not what the felon is practicing. Economic reports, by those who do know what tariffs are doing in our modern age, point to the wrong direction the convicted felon is taking America.

Specific tariffs can and have addressed trade imbalances, as Clay's approach did in that bygone era. Our felon in chief doesn't have a plan. Anyone can tell that when the commando places tariffs on penguins.

 

[Politruk]

the third wave of globalism in the late twentieth century

What were the first two?

 

[DeluxAuto]

The opposition is against tariffs

Not true. They are against the idiot's tariffs and most of the world agrees with them.

 

[bijedi]

What were the first two?

https://archive.nordregio.se/en/Met...8/The-Three-Waves-of-Globalisation/index.html

First wave - mid to late 19th century until WW1. Eurocentric
Second wave - Post WWII - 1990 US centric
Third wave - 1990 - Multipolar

Somewhat arbitrary, but there are real distinctions between them

 

[HisArpy]

Yeah... That's not what the felon is practicing. Economic reports, by those who do know what tariffs are doing in our modern age, point to the wrong direction the convicted felon is taking America.

Specific tariffs can and have addressed trade imbalances, as Clay's approach did in that bygone era. Our felon in chief doesn't have a plan. Anyone can tell that when the commando places tariffs on penguins.

Yeah, not even close.

April economic numbers

Employers added 177,000 jobs last month — beating even the most optimistic Wall Street forecasts, which had topped out at 171,000.

“This is the second month in a row where the jobs report has beat expectations. Wages are continuing to rise and labor force participation is increasing,” Press Secretary Karoline Leavitt said in a statement. “This is exactly what we want to see: more Americans working for higher wages. More winning is on the way!”

Perhaps most telling of the shifting dynamic was the surge in native-born employment, which soared by more than one million, signaling a labor market that’s increasingly benefiting American workers.

This is yet another time you've been caught spreading lies.

 

[Politruk]

Yeah, not even close.

April economic numbers



This is yet another time you've been caught spreading lies.

That's PJ Media, you idiot!

 

[HisArpy]

That's PJ Media, you idiot!

It's a media outlet reporting the released jobs report and quoting the WH Press Secretary's statements about it.

Or don't you believe that the newly released report says that 177,000 jobs were added last month? A number which exceeded the 171,000 jobs which Wall Street forecast. Or that Leavitt quoted parts of the report as saying that this is the 2nd month in a row in which actual job creation has exceeded expectations? Or that Leavitt saying that the report shows that in addition to more jobs than expected, wages are also rising and labor force participation is increasing?

Do you really believe that PJMedia just made all of that easily verifiable information up merely because you've been brainwashed to not like conservative media outlets?



Honestly, I have ONE SIMPLE REQUEST of you; please stop fucking yourself in public. We know you enjoy doing it but it's unsightly and unbecoming of someone who professed to be an adult when they agreed to membership on this website.

 

[bijedi]

Yeah... That's not what the felon is practicing. Economic reports, by those who do know what tariffs are doing in our modern age, point to the wrong direction the convicted felon is taking America.

Specific tariffs can and have addressed trade imbalances, as Clay's approach did in that bygone era. Our felon in chief doesn't have a plan. Anyone can tell that when the commando places tariffs on penguins.

The bolded may be true, but that doesn't mean that there isn't a plan. It is known as the Mar-a-Lago accord and is primarily based on Stephan Miran's "A User's Guide to Restructuring the Global Trading System" (Dr. Miran is the current char of the Council of Economic Advisers). Dr. Miran believes he can solve the Triffin Dilemma via tariffs, coordinated currency agreements, and other government interventions. Essentially, we can have our cake and eat it too.

 

[Politruk]

It's a media outlet reporting the released jobs report and quoting the WH Press Secretary's statements about it.

Or don't you believe that the newly released report says that 177,000 jobs were added last month?

Point is, you could have got the same figures from CNN. Posting that would not have made you look like an idiot. Posting anything, true or false, from PJ Media always does.

Be careful of that in the future.

 

[Politruk]

The bolded may be true, but that doesn't mean that there isn't a plan. It is known as the Mar-a-Lago accord and is primarily based on Stephan Miran's "A User's Guide to Restructuring the Global Trading System" (Dr. Miran is the current char of the Council of Economic Advisers). Dr. Miran believes he can solve the Triffin Dilemma via tariffs, coordinated currency agreements, and other government interventions. Essentially, we can have our cake and eat it too.

What is the Triffin Dilemma?

 

[HisArpy]

Point is, you could have got the same figures from CNN. Posting that would not have made you look like an idiot. Posting anything, true or false, from PJ Media always does.

Be careful of that in the future.

So, if I could have gotten the SAME FIGURES from CNN, WTF are you bitching about the source I did use?

You're programmed. You're programmed to hate first, react second, and then run like a fucking scalded rat when the truth is pointed out to you, right before declaring a victory you never got or earned.

They have a word for that; loser.

 

[bijedi]

What is the Triffin Dilemma?

https://en.wikipedia.org/wiki/Triffin_dilemma

A global reserve currency must be held by other countries as foreign exchange reserves if they want to engage in international trade. This means if your currency is to be the global reserve currency, you will need to supply your currency to these countries. That inevitably results in that country having permanent trade deficits and that currency being somewhat overvalued relative to other currencies.

Basically, if your currency is the world reserve currency, it will always be overvalued.

Dr. Miran believes he can devalue the USD while keeping its status as the reserve currency, thus reaping all the benefits of being the reserve currency without any of the drawbacks.

 

[Fuzzy1975]

So, if I could have gotten the SAME FIGURES from CNN, WTF are you bitching about the source I did use?

I think that's the point....people here don't accept pj media as a reliable source (its not). So if you wish to use PJ media, I'd suggest you back that up with a source that is considered reliable.

 

[dmallord]

Yeah, not even close.

April economic numbers



This is yet another time you've been caught spreading lies.

You break and kiss Trump's lies.

 

[dmallord]

The bolded may be true, but that doesn't mean that there isn't a plan. It is known as the Mar-a-Lago accord and is primarily based on Stephan Miran's "A User's Guide to Restructuring the Global Trading System" (Dr. Miran is the current char of the Council of Economic Advisers). Dr. Miran believes he can solve the Triffin Dilemma via tariffs, coordinated currency agreements, and other government interventions. Essentially, we can have our cake and eat it too.

There is no such thing as a "Mar-a-Lago Accord," and claiming that Donald Trump has a coherent, detailed economic plan grounded in Stephan Miran’s proposals is pure fiction.

Let’s be clear: Trump has never articulated anything resembling a structured plan to solve the Triffin Dilemma—or even acknowledged the dilemma itself. He has repeatedly operated on instinct, slogans, and punitive tariffs rather than any integrated theory of global trade or monetary policy.

While Stephan Miran, an economist aligned with nationalist trade views, has published ideas about restructuring the global trading system and confronting the Triffin Dilemma through tariffs and currency coordination, there is zero evidence that Trump has read, cited, or based policy on that work.

If anything, Trump’s economic policy has been defined by:

• Trade wars without long-term resolution,
• Withdrawal from multilateral frameworks,
• Erratic tariff threats,
• And rhetoric disconnected from actionable policy.

Labeling this nonexistent “accord” as if it were a formal doctrine is just another attempt to retrofit intellectual credibility onto a movement that has largely rejected serious economic planning.

If someone wants to debate Miran’s ideas, that’s fair game. But don’t pretend Trump has adopted or promoted them. There’s no accord—just a myth built to cover the void.

 

[ll74]

This is the last month of good numbers.

 

[Politruk]

If someone wants to debate Miran’s ideas, that’s fair game. But don’t pretend Trump has adopted or promoted them.

Or understands them.

 

[bijedi]

There is no such thing as a "Mar-a-Lago Accord," and claiming that Donald Trump has a coherent, detailed economic plan grounded in Stephan Miran’s proposals is pure fiction.

Let’s be clear: Trump has never articulated anything resembling a structured plan to solve the Triffin Dilemma—or even acknowledged the dilemma itself. He has repeatedly operated on instinct, slogans, and punitive tariffs rather than any integrated theory of global trade or monetary policy.

As I noted in my original post, Trump himself doesn't have a plan, he doesn't operate that way. But he isn't coming up with these policies and concepts on his own.

Don't mistake Trump's inability to understand or execute a plan with the existence of said plan. Dr. Miran is the chair of the CEA and as such does have input into these policies.

While Stephan Miran, an economist aligned with nationalist trade views, has published ideas about restructuring the global trading system and confronting the Triffin Dilemma through tariffs and currency coordination, there is zero evidence that Trump has read, cited, or based policy on that work.

If anything, Trump’s economic policy has been defined by:

• Trade wars without long-term resolution,
• Withdrawal from multilateral frameworks,
• Erratic tariff threats,
• And rhetoric disconnected from actionable policy.

Tying tariffs to trade deficits is one of the key components of Dr. Miran's work. The administration setting 'reciprocal' tariff rates based on a countries current trade balance almost certainly came directly from Dr. Miran. Speculative, sure. But there a many policy details like this that indicate that Dr. Miran has at least some influence on the administration.

Again, no one is claiming Trump is some mastermind who has a full grasp of the issues involved. That would be absurd as he clearly doesn't have the mental acuity to do such a thing. By the same token, he must be getting his ideas from someone, as he also lacks the mental acuity to form any real policy and is completely dependent on others to create said policy. And at least some of those policies are coming from Dr. Miran, either directly or through people influenced by his ideas.

Labeling this nonexistent “accord” as if it were a formal doctrine is just another attempt to retrofit intellectual credibility onto a movement that has largely rejected serious economic planning.

You are correct that there is no official document or statement as such, but the term is well established at this point. You are free to use it or not, but most analysts and commentators have accepted it.

If someone wants to debate Miran’s ideas, that’s fair game. But don’t pretend Trump has adopted or promoted them.

This is an incredibly ignorant statement.

The administration has clearly adopted some of Miran's ideas. It would be surprising if it didn't, as he is a key advisor to the administration as the chair of the CEA.

The fact that the administration is too incompetent to actually implement these ideas is completely unrelated to the notion that they have adopted at least some of them.

There’s no accord—just a myth built to cover the void.

That's one way to look at it.

 

[Philthy_Phil]

https://preview.redd.it/elizabeth-eckford-is-harassed-while-trying-to-enter-little-v0-30bvkj66otye1.jpeg?width=640&crop=smart&auto=webp&s=6f31088eba53a721d3ebd4c484f90984fdcf5327

 

[SluttyTheresa]

What have Democrats done in the last 100 days besides supporting crime and advocating for the nation's enemies?

The Trump administration is the one that pardon the criminal Jan 6 rioters. Besides his cabinet is full of unqualified moronic idiotic imbeciles with criminal records.

 

[Politruk]

What have Democrats done in the last 100 days besides supporting crime and advocating for the nation's enemies?

The nation's enemies are on Wall Street. What have the Dems said in favor of them?

 

[Rightguide]

The nation's enemies are on Wall Street. What have the Dems said in favor of them?

Gratuitous BS.

 

[ll74]

Gratuitous BS.

Is this your bumper sticker?

 

[Politruk]

Gratuitous BS.

I'm not wrong. The plutocracy is the enemy.

 

[LasTime]

The Trump administration is the one that pardon the criminal Jan 6 rioters. Besides his cabinet is full of unqualified moronic idiotic imbeciles with criminal records.

Would you need to be careful in Texas saying something like that as they're mostly Trump supporters there?