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WINNING

By HappyGilmore following x   2017 Dec 5, 10:53am 1,187 views   10 comments   watch   sfw   quote     share    


#MAGA

https://www.politico.com/story/2017/12/05/us-trade-deficit-china-280949
"The U.S. trade deficit jumped 8.6 percent in October as imports from China and other suppliers hit a record high ahead of the holiday shopping season, a Commerce Department report released Tuesday showed.
The monthly trade gap totaled $48.7 billion, the highest level for a full month since President Donald Trump took office on Jan. 20.

Ahead of the election, a Trump campaign adviser asserted they could eliminate the deficit in one or two years. Instead, the 2017 deficit is on track to exceed the 2016 level of $505 billion."
2   Heraclitusstudent   ignore (1)   2017 Dec 5, 12:05pm   ↑ like (2)   ↓ dislike (0)   quote        

Increasing the budget deficit with tax cuts will also increase the trade deficit further.
The evidence is that Republicans don't really care about:
- government debt
- trade deficit with countries like China
- the future of the nation
All they care about is the short term profits of a few companies.
This country is circling the drain and it looks like no one really cares.
3   anotheraccount   ignore (1)   2017 Dec 5, 12:11pm   ↑ like (1)   ↓ dislike (1)   quote        

Heraclitusstudent says
The evidence is that Republicans don't really care about:
- government debt
- trade deficit with countries like China
- the future of the nation


Repeating the pattern of what happened in 2000s with Bush.
4   HEYYOU   ignore (13)   2017 Dec 5, 12:28pm   ↑ like (0)   ↓ dislike (0)   quote        

HappyGilmore says
since President Donald Trump took office on Jan. 20.


FAKE NEWS! LIES!
Everyone knows Republicans would never allow this & none of them would buy Communist China products.

Is "traitors" appropriate.
5   FNWGMOBDVZXDNW   ignore (2)   2017 Dec 5, 12:32pm   ↑ like (0)   ↓ dislike (1)   quote        

China has Trump by the balls. Maybe China helped NK ratchet up tensions as a way for China to make us come crawling to them and put the trade business aside.
6   anotheraccount   ignore (1)   2017 Dec 5, 12:46pm   ↑ like (0)   ↓ dislike (1)   quote        

FNWGMOBDVZXDNW says
China has Trump by the balls


More specifically Kushner. Their NY building is due for refinance in 2018 and they need Chinese money badly.
7   Patrick   ignore (0)   2017 Dec 5, 12:48pm   ↑ like (0)   ↓ dislike (0)   quote        

Got a link about that?
8   anotheraccount   ignore (1)   2017 Dec 5, 12:53pm   ↑ like (0)   ↓ dislike (0)   quote        

Patrick says
Got a link about that?


Patrick, read it two or three months ago, don't remember which publication. Google result related to Qatar: http://nymag.com/daily/intelligencer/2017/07/kushner-sought-usd500-million-investment-from-qatar-report.html
9   TwoScoopsOfWompWomp   ignore (2)   2017 Dec 5, 2:37pm   ↑ like (1)   ↓ dislike (0)   quote        

Wait, I thought deficits didn't matter. When GMAC, GM, Citigroup, etc. were being bailed out... Cars for Clunkers, Shovel-Ready Jobs...

All of a sudden deficits matter again.
10   HappyGilmore   ignore (2)   2017 Dec 5, 2:42pm   ↑ like (0)   ↓ dislike (1)   quote        

TwoScoopsMcGee says
Wait, I thought deficits didn't matter. When GMAC, GM, Citigroup, etc. were being bailed out... Cars for Clunkers, Shovel-Ready Jobs...

All of a sudden deficits matter again.


Bailing out the automakers was to help the trade deficit.

But, if you're talking about Federal Deficit/debt--Dems are 100% consistent. It's Republicans and Trumpkins that are complete frauds and hypocrites, as usual. When the economy is in the dumpster, Dems say government should spend to pick up the slack in demand. Like in 2008/9. And surprise, surprise, it worked.

Trump and Republicans whined and complained about the deficit then during a down period.

Now, however, we are in year 8 or so of the recovery with growth at 3% and Trump and Republicans want to increase the deficit by $1.4T?? Complete hypocrisy.




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