"Whatever the Europeans are doing, they are confused because they've never seen anything like this president. They are so over their heads versus this guy."
-- CNBC Jim Cramer, Business Analyst
Today, the US kinda noted that time had run out on the EU to fix the problem with aluminum and steel import deal into the US. Naturally, most of this problem doesn't involve 27 members of the EU...it involves Germany to a great degree.
So onto Cramer's comment. He is absolutely correct.
Just about everyone within the political environment of Europe....particularly with the German government....is a non-business expert, and chiefly will admit that they are political experts only. Maybe within their staffs....they have folks with business degrees or a grasp of the import/export business, but it doesn't mean much if the politician won't react.
From November of 2016, I've sat and watched the commentary and behavior of various politicians (from within Germany, and throughout Europe). Most are negative on Trump and feel that he'll just go away (by talk on impeachment or just in 2020). If he's still around in 2020 and wins the election....another four years? For these folks....it'll be a harsh reality.
The problem is that most politicians can't grasp a lot on economics, business structure, or taxation. When they heavily tax companies or the products....no one really understands that you are cutting into competition, and hurting the company on distribution of profits (either through their employees or the stockholders). Most see the tax system as a 'gift' creation vehicle....you take away the money and distribute it to favorites of your political agenda. Whether you have 3-percent unemployment or 8-percent unemployment....doesn't typically matter, except for the voting period where you make fake promises to cover your screw-ups.
Defeating Trump? They just don't know how.
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