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Sarah Palin to endorse Donald Trump at Iowa rally tonight
Howard Richman, 1/19/2016

According to the New York Times, Sarah Palin is going to endorse Donald Trump at a rally in Iowa tonight. Palin, like Trump, advocates balanced trade. Here's what I wrote in a a post on this blog on June 7, 2011:

The Los Angeles Times reports that Governor Palin met with Donald Trump during a May 31 visit to New York. In her remarks, she told reporters that she advocates balanced trade arrangements:

"What do we have in common? Our love for this country, a desire to see our economy put back on the right track," Palin told reporters. "To have a balanced trade arrangement with other countries across this world so Americans can have our jobs, our industries, our manufacturing again. And exploiting responsibly our natural resources. We can do that again if we make good decisions."

Palin is now the only candidate with a program for putting America back to work. The media like to pretend that she is dumb. But the truth is that she has common sense. The American people respond to that sense when she talks to them directly, as she did when she won the the October 2, 2008, Vice Presidential debate. (If you're not convinced of the debate outcome, watch this focus group.)

Some commentators put Palin in the same category as Minnesota Congressman Michele Bachmann, since both advocate balanced budgets and enjoy Tea Party support. But Bachmann lacks common sense. In fact, she is an ideological free trader. In a blog entry, Bachmann wrote:

Furthermore, the role of free trade as an expression of liberty and opportunity for all individuals signifies the very principles our country was founded upon....

What nonsense! The American government was founded upon tariffs, which were enshrined in the U.S. Constitution as a chief way for the federal government to collect revenue.  Bachmann doesn't even know her history!

But it is the future that concerns me. Bachmann would continue giving American industry away to China and the other mercantilist countries for ideological reasons. In contrast, Palin advocates balanced trade arrangements which would lead to the recovery of American industry and the resumption of American economic prosperity....

A Trump-Palin ticket would be very hard to beat!  Like Trump, Palin is a great campaigner who understands the American people and draws crowds wherever she speaks. 

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    Wikipedia:

  • [An] extensive argument for balanced trade, and a program to achieve balanced trade is presented in Trading Away Our Future, by Raymond Richman, Howard Richman and Jesse Richman. “A minimum standard for ensuring that trade does benefit all is that trade should be relatively in balance.” [Balanced Trade entry]

    Journal of Economic Literature:

  • [Trading Away Our Future] Examines the costs and benefits of U.S. trade and tax policies. Discusses why trade deficits matter; root of the trade deficit; the “ostrich” and “eagles” attitudes; how to balance trade; taxation of capital gains; the real estate tax; the corporate income tax; solving the low savings problem; how to protect one’s assets; and a program for a strong America....

    Atlantic Economic Journal:

  • In Trading Away Our Future   Richman ... advocates the immediate adoption of a set of public policy proposal designed to reduce the trade deficit and increase domestic savings.... the set of public policy proposals is a wake-up call... [February 17, 2009 review by T.H. Cate]