Trade War - how is that working out?

[ctm]

The trade deficit and the federal budget deficit are both increasing.  That's exactly the opposite of what Trump said he would do.   No amount of spin changes that.

[begooode]

3 minutes ago, Downtown said:

Its not just soybean farmers that are getting crushed, Tobacco farmers are really hurting. 

 

Speaking of a Socialist dream, who would have EVER thought it'd be Republicans that subsidize these farmers with a handout funded by American Tax-Payers. 

Tobacco is NC and Kentucky,... seriously red states,... hmmmm,...

 

Everyone hates socialism, but loves their piece of government cheese.  Damn welfare recipients! *while doling out millions to corporate farms*

[Btowner]

1 hour ago, Soxcat said:

What Trump "inherited" from Obama was poverty, high unemployment (especially for minorities), people on food stamps, and limited economic activity.  As if Obama was somehow orchestrating the great economy and trade numbers we had.  Obama couldn't run a gas station profitably.   

 

In a world full of shades of gray, nuance and context, you simplify every political debate  to Trump is great, liberals are bad. Every right wing idea is brilliant, every liberal idea is stupid. Liberals have never done anything to help this country.

 

What a simple  world you live in. Even  the Geico Cavemen are offended by your simplicity.

[Legaltitan]

32 minutes ago, ctm said:

The trade deficit and the federal budget deficit are both increasing.  That's exactly the opposite of what Trump said he would do.   No amount of spin changes that.

Also, Obamacare has not been repealed and replaced, and certainly has not been replaced by something "better and cheaper that covers more people."

 

Also, the wall is not built.

 

Also, Russia is not our friend.

 

Also, the Israeli-Palestinian dispute has not been solved - Trump said this would be easy.

 

And no infrastructure bill has even been proposed, let alone passed and implemented.

 

Other than that, killing it.

[Legaltitan]

3 minutes ago, Btowner said:

In a world full of shades of gray, nuance and context, you simplify every political debate  to Trump is great, liberals are bad. Every right wing idea is brilliant, every liberal idea is stupid. Liberals have never done anything to help this country.

 

What a simple  world you live in. Even  the Geico Cavemen are offended by your simplicity.

You missed a link.

 

Trump is great. Anyone who does not agree with Trump's policies is a libtard. Libtards are bad (and also demons probably)

Edited March 6, 2019 by Legaltitan

[9 Nines]

I still do not understand why people think a trade deficit is bad - the implication I get in this thread and normal discussions on the topic.

 

A trade deficit means you are receiving and consuming more goods than you are giving.  How is that not a good thing?

 

It would be like kids trading baseball cards and the kid getting more cards is upset???  For some reason I doubt this every happened on an elementary school playground:  A kid receives 5 cards and gives 3 cards with all the cards pretty equal in value and popularity.  I suspect no kid, receiving more cards, every cried, "boo hoo I got 5 cards and Johnny got 3 cards."  Nope never happened, because kids know getting more than you give in a trade is a good thing.  Yet adults have forgotten?????

 

To a degree, a net-exporting country, with which your country has a trade deficit, is basically a water-down colony of your country.

Edited March 6, 2019 by 9 Nines

[Legaltitan]

10 minutes ago, 9 Nines said:

I still do not understand why people think a trade deficit is bad - the implication I get in this thread and normal discussions on the topic.

 

A trade deficit means you are receiving and consuming more goods than you are giving.  How is that not a good thing?

 

It would be like kids trading baseball cards and the kid getting more cards is upset???  For some reason I doubt this every happened on an elementary school playground:  A kid receives 5 cards and gives 3 cards with all the cards pretty equal in value and popularity.  I suspect no kid, receiving more cards, every cried, "boo hoo I got 5 cards and Johnny got 3 cards."  Nope never happened, because kids know getting more than you give in a trade is a good thing.  Yet adults have forgotten?????

 

To a degree, a net-exporting country, with which your country has a trade deficit, is basically a water-down colony of your country.

I take no position one way or the other, and I think the answer is more nuanced than saying they are simply good or bad.

 

The reason I started the thread is because Trump thinks they are bad, and the whole reason he justified the tariffs, and why the trade war would be good and easy, is due to our large trade deficit with China. And yet, that has increased.

 

So whether you think the reason for the tariffs (trade deficit too high) and the goal of the tariffs (to reduce the trade deficit) are good or bad, under Trump's own metric the tariffs have been an unqualified failure.

Edited March 6, 2019 by Legaltitan

[Cyrus]

2 hours ago, ctm said:

The trade deficit and the federal budget deficit are both increasing.  That's exactly the opposite of what Trump said he would do.   No amount of spin changes that.

We'll likely have a Democratic President in 2020, and at some point both those numbers could go down. Then they'll claim that Trump was right, and it was just a lagging indicator. The irony will be lost on them too. 

[Rogue]

3 hours ago, Soxcat said:

It means despite the "higher" tariffs the economy is so good we aren't being hurt right now.  Again, the game plan isn't to make this a permanent thing. 

You should really think a bit before rushing to defend Trump.  You just said raising taxes on businesses, who passes the costs to the consumer, is okay when the economy is good.  That's a fairly liberal position.  

[9 Nines]

2 hours ago, Legaltitan said:

I take no position one way or the other, and I think the answer is more nuanced than saying they are simply good or bad.

 

The reason I started the thread is because Trump thinks they are bad, and the whole reason he justified the tariffs, and why the trade war would be good and easy, is due to our large trade deficit with China. And yet, that has increased.

 

So whether you think the reason for the tariffs (trade deficit too high) and the goal of the tariffs (to reduce the trade deficit) are good or bad, under Trump's own metric the tariffs have been an unqualified failure.

Sorry, I was just making a tangent post.

[9 Nines]

Fore and thhe tradwing. 

It woult it is impossible. 

 

If increao complrts are advoericans. 

Edited March 7, 2019 by 9 Nines

[OILERMAN]

Last night I saw a report on the trade war that went into detail about how Trump doesn't understand it at all 

[Justafan]

2 hours ago, OILERMAN said:

Last night I saw a report on the trade war that went into detail about how Trump doesn't understand it at all 

Trump doesn't understand the simple ass Fox and dupes that he spends hours of executive time watching every day.  He can't even be bothered to read intel reports.  No chance in hell he can understand something as complicated as economics.  The dude is barely literate, just watch him try and read off a teleprompter.  He can't even pace himself and has to make awkward pauses or then he can't keep up so clearly they are slowing it down because he has to think so hard about the words.  It's the most unnatural and embarrassing thing to watch.  

[OILERMAN]

3 minutes ago, Justafan said:

 The dude is barely literate, just watch him try and read off a teleprompter.  

I've argued this and actually believe it

[OILERMAN]

16 hours ago, ctm said:

The trade deficit and the federal budget deficit are both increasing.  That's exactly the opposite of what Trump said he would do.   No amount of spin changes that.

Reports earlier were Trump was telling people in his admin "who cares about an exploding debt", I'll be gone!