Edmo Posted August 30, 2018 Share Posted August 30, 2018 13 minutes ago, ActionfigureJoe said: Trump has also created an anti US sentiment on buying American products on trade. Not everyone makes decisions based on “feelings” like you libs do. If I’m in Germany and I like American whiskey, then that’s what I’m drinking. Regardless of what the American president does. Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted August 30, 2018 Share Posted August 30, 2018 19 minutes ago, Snoslinger said: trump, and damn near all his followers, don't grasp the trade deficit concept. they think the US is getting screwed on all that money If you look at it from a mercantilistic view point, then yeah that is dumb. The problem is there is merit to the idea of being competitive enough that you can keep jobs and processes here. That does lower the deficit, but the deficit is a byproduct and not the goal. Just need to understand what the goal is. Most people don’t, so yes you are right. Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted August 30, 2018 Share Posted August 30, 2018 (edited) Whoops... Edited August 30, 2018 by xtralettucetomatoe580 Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted August 30, 2018 Share Posted August 30, 2018 (edited) . Edited August 30, 2018 by xtralettucetomatoe580 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted August 30, 2018 Platinum Contributing Member Share Posted August 30, 2018 4 minutes ago, xtralettucetomatoe580 said: If you look at it from a mercantilistic view point, then yeah that is dumb. The problem is there is merit to the idea of being competitive enough that you can keep jobs and processes here. That does lower the deficit, but the deficit is a byproduct and not the goal. Just need to understand what the goal is. Most people don’t, so yes you are right. Does Dump understand the goal....? Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted August 30, 2018 Share Posted August 30, 2018 6 minutes ago, SnowRider said: Does Dump understand the goal....? He has people who do that he seems to be listening to. Does he? Idk. Some days doesn’t really seem like it. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 30, 2018 Share Posted August 30, 2018 52 minutes ago, ActionfigureJoe said: Trump has also created an anti US sentiment on buying American products on trade. Just as rooms in the trump towers are being discounted for s reason. Perhaps, but the sentiment inside the US agrees with him right or wrong, politics I guess. Don't think its any different with our bonehead of a PM, he would let NAFTA fail if it scored him brownie points. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted August 30, 2018 Author Share Posted August 30, 2018 (edited) 4 hours ago, xtralettucetomatoe580 said: You need to include proper metrics to measure that. Looking at year to year with a vastly different strength of dollar is disingenuous. If the dollar is drastically higher and we have a slightly better trade deficit ($50-$75B) then when it was drastically lower, that is a pretty big deal. Also, measuring the trade deficit before tariffs are even empirically measurable is foolish. Right now tariffs are effecting projections and future strategy, not the actual physical sum. This isn’t a 6 mo or 1 yr process. This sort of policy fleshes out over years. All of that remains a wash with the current plan of trillion dollar deficits accompanied with burgeoning growth. That is a flip flop of economic reasoning. Couple that with the fact that the global economy is in the Goldilocks zone. It’s about as perfect as it gets. We now have a situation where taxes have been slashed to the absolute bone and spending shows no sign of ending. Then there’s increased pricing of goods do to tariffs AND inflation. These perfect economic conditions will not continue. Then what? File bankruptcy? Trump has left no wiggle room here. Doesn’t anyone see that as a set up for economic disaster? Edited August 30, 2018 by ActionfigureJoe Quote Link to comment Share on other sites More sharing options...
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