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111Balz
Joined:
08/13/1998
Posts:
59978
Likes:
57559
What's this?
Even if what you said was true, that his trade policy has been so
successful that we're just buying more stuff that benefits our economy, the point is that is the OPPOSITE of what he said he was trying to do, which was to REDUCE the trade deficit.
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Posted: 03/06/2019 at 3:22PM
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Current Thread:
Trump promised to shrink the trade deficit. Instead it exploded. (link)
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WaxHoo
03/06/2019 08:37AM
On the bright side, maybe this well help convince him that trade deficits
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southdenverhoo
03/06/2019 2:48PM
Well, he DOES like taking credit for the biggest things EVER, especially
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Hoo TV
03/06/2019 4:26PM
This administration's fixation bashing trade deficits in general
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fishhoo
03/06/2019 09:50AM
The guy who made the Scrooge McDuck statement...
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PBCHoo
03/06/2019 3:09PM
I know -- a double 'Hoo actually and an outstanding voice on trade imo
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fishhoo
03/06/2019 3:27PM
Between this and the NATO payments, it's hard not to believe President ...
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HowieT3
03/06/2019 12:42PM
This is a great post and an excellent article. I have read accounts where
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Seattle .Hoo
03/06/2019 11:35AM
The thing is, it doesn't matter who in his administration may disagree with
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Hoo TV
03/06/2019 11:21AM
That first sentence is golden. **
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WahooMatt05
03/06/2019 10:12AM
Thank you. I've always been baffled by Trump & Co's fixation with the trade
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Hoodafan
03/06/2019 10:07AM
But wait....isn't it all about "filling our coffers?" ;) **
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Seattle .Hoo
03/06/2019 11:44AM
It isn't all about "getting Trump" either with a nonsensical talking point.
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Hoodafan
03/06/2019 11:52AM
I don't know what your post means. Are you saying I support tariffs? **
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Seattle .Hoo
03/06/2019 12:10PM
The opposite. That you finally managed to find a tax you didn't like, even
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Hoodafan
03/06/2019 12:17PM
Why do you do that. Just admit you didn't understand his post and ask **
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111Balz
03/06/2019 1:56PM
You lefties love regressive taxes. You dislike this one because you see it
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Hoodafan
03/06/2019 2:00PM
Are you even trying to follow along? Have you read the linked article and
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111Balz
03/06/2019 2:02PM
This is where he accuses you of engaging in childish personal attacks that
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WahooRQ
03/06/2019 2:25PM
Childish personal attacks? What was that tomsmom?
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hoothat
03/06/2019 2:37PM
Yeah that must be it. Why don't you just admit that Trump is full of crap? **
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Seattle .Hoo
03/06/2019 1:52PM
Trump is often full of crap. But that doesn't make him wrong on trade, nor
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Hoodafan
03/06/2019 1:58PM
But you understand, increasing the deficit is the OPPOSITE of what he said
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111Balz
03/06/2019 2:22PM
Yes. But it's not because of what he's done. It's because we have one of
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Hoodafan
03/06/2019 2:33PM
Even if what you said was true, that his trade policy has been so
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111Balz
03/06/2019 3:22PM
I didn't say that at all. Our economic growth has been despite his trade
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Hoodafan
03/06/2019 3:32PM
Then the fact that the economy continues to do pretty well should not
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111Balz
03/06/2019 3:45PM
He's not very good at much of anything except praising himself. Deficit to
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Lazarus
03/06/2019 08:45AM
The OP was about the trade deficit. You seem to be referring to the
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Late 80s Hokie
03/06/2019 09:53AM
Thanks Gobbler. The two problems are inter-connected as you not. The link
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Lazarus
03/06/2019 10:09AM
Maybe England will intentionally lose a $1 trillion blackjack hand for us. **
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WahooMatt05
03/06/2019 09:30AM
Through January, the deficit is up year to year (first 4 fiscal months) by
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Shenhoo
03/06/2019 08:46AM
We need more tax cuts **
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81_Hokie
03/06/2019 09:33AM
If by "we" you mean the middle class, maybe. If you mean the wealthy or
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Lazarus
03/06/2019 10:13AM
You seriously think the middle class needs more tax cuts
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BocaHoo91
03/06/2019 1:41PM
Exactly. A nice populist talking point about cutting middle class taxes
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Hoodafan
03/06/2019 1:53PM
44% pay no taxes but that is HARDLY all middle class. It is mostly
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111Balz
03/06/2019 2:16PM
First, if true (and I'm not doubting you) that's down from the 47% it was
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Hoodafan
03/06/2019 2:25PM
Yes it has changed, apparently by the new tax law. I'm still not convinced
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111Balz
03/06/2019 3:18PM
Here's a link from the CBO that gets you directionally there on the
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BocaHoo91
03/06/2019 6:43PM
He said half the middle class **
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111Balz
03/06/2019 7:56PM
Well if you define middle class by percentiles, it should be roughly
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BocaHoo91
03/06/2019 8:01PM
By definition it would be the 50th percentile +or- whatever % you want to
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Hoodafan
03/06/2019 3:27PM
Google both topics. I read a really good article this morning on the latter
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111Balz
03/06/2019 3:31PM
FTR I have little doubt someone would define middle class like that. But
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Hoodafan
03/06/2019 3:34PM
Middle can be defined in terms of buying power, or by
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111Balz
03/06/2019 3:43PM
Couple of points. Hopefully it would be "medicare for all", not "medicaid
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BocaHoo91
03/06/2019 2:04PM
I won't call it Medicare because that's a misnomer. Medicare gets away with
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Hoodafan
03/06/2019 2:19PM
Well your second paragraph was maybe your best ever here.
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111Balz
03/06/2019 3:27PM
...and "medicare" should be "medicaid" in the example of means tested
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BocaHoo91
03/06/2019 1:43PM
I thought the sarcasm was obvious **
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81_Hokie
03/06/2019 10:34AM
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