Wednesday, November 23, 2016

Wilbur Ross Expected to Be Named Commerce Secretary

President-elect Donald Trump is expected to select 78-year old Wilbur Ross Jr. to head the Commerce Department, reports The Wall Street Journal.

A very confused dude on trade. A complete mercantilist.

From a recent Wall Street Journal op-ed piece he co-authored with the crazed mercantilist Peter Navarro:
Most of America’s $766 billion annual trade deficit in goods is with a few countries, all of which need our markets far more than we need theirs, including China, Germany, Japan, Mexico and South Korea. A 10% change in the mix of U.S. international trade could eliminate that deficit, through smart, tough negotiations. As the biggest market in the world, we have all the leverage. No one makes better deals than Mr. Trump.

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