Ostatedchi, JimmyBob and HighStickHarry, I bet when you were little boys you were great at dodge ball. You’re sure good at dodging the issue in this thread.
Let me try to explain it to you. The trade deficit has never been responsible for job losses, at least not in the way Trump has led you to believe. So called trade deficits are actually evidence that the economy is strong and is attractive to foreign investors. The so called trade deficit could just as easily be called a product surplus. In truth there is no deficit. Individuals and companies from America voluntarily exchange their dollars for foreign goods of an exactly even amount. Automation is what has cost jobs, not foreign trade. If Trump were being honest with us, if he truly cared about “saving jobs” he would be railing against automation, not wicked foreigners.
In the overall picture tariffs do not save jobs. They never have. They “save jobs” in one sector of the economy, and cause job losses in another sector, usually more jobs than they save. Did you see the estimate that the 25% tariffs that will be imposed on imported autos will cost 600,000 jobs downstream? Does that concern you?
Your adoration for DJT is just as deranged as is the hatred against him by the #resistance.
Trump, the businessman, is playing pure politics with his tariffs. He is trying to ensure the union vote in the rust belt. The fact tariffs are a detriment to the rest of the country is immaterial to him. He’s saying “let them (us: you and me) eat cake.” And you are lapping it up like sponges.
Give the man credit for turning around the economy with his tax reform and deregulation. He deserves credit for that. Bravo to Trump for tax reform and deregulation!
But he deserves an equal share of condemnation when he does or says something stupid, something that would be harmful to the country. You don’t seem to be capable of doing that. As Trump would say: “sad.”
