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View Full Version : Trumps there's no country that we have trade surplus with



AZ Jim
02-25-2017, 01:53 PM
business Insider disagrees:

17362



http://www.businessinsider.com/us-trade-surpluses-2017-2 (http://www.businessinsider.com/us-trade-surpluses-2017-2)

Chris
02-25-2017, 02:26 PM
That is true.

Bethere
02-25-2017, 02:33 PM
business Insider disagrees:

17362



http://www.businessinsider.com/us-trade-surpluses-2017-2 (http://www.businessinsider.com/us-trade-surpluses-2017-2)
Nice catch!

Bo-4
02-25-2017, 02:39 PM
business Insider disagrees

http://www.businessinsider.com/us-trade-surpluses-2017-2 (http://www.businessinsider.com/us-trade-surpluses-2017-2)

Trump should hire a full time Googler.

A 15 year old named Skippy would happily do that prior to his truthy proclamations for ten bucks an hour.

Newpublius
02-25-2017, 02:48 PM
That is true.

The HK/EU countries are pointless to point out of course, but while I don't care, its ridoculous to even think about, the general point of what he's trying to say shouldn't be lost.

Dangermouse
02-25-2017, 02:51 PM
The HK/EU countries are pointless to point out of course, but while I don't care, its ridoculous to even think about, the general point of what he's trying to say shouldn't be lost.

You found a point buried in what he said? What was it?

Bo-4
02-25-2017, 02:59 PM
The HK/EU countries are pointless to point out of course, but while I don't care, its ridoculous to even think about, the general point of what he's trying to say shouldn't be lost.

Are you challenging Kellyanne and some of your fellow Trumpkins in tPF for the title of Chief Trump Turd Polisher?

Personally, i don't deal in "general points" -- preferring actual FACTS ;-)

Bo-4
02-25-2017, 03:01 PM
You found a point buried in what he said? What was it?

That America is a dystopian hellscape .. or something like that. :laugh:

Newpublius
02-25-2017, 03:17 PM
You found a point buried in what he said? What was it?

The fact we run a trade deficit with virtually every country.

Newpublius
02-25-2017, 03:18 PM
Are you challenging Kellyanne and some of your fellow Trumpkins in tPF for the title of Chief Trump Turd Polisher?

Personally, i don't deal in "general points" -- preferring actual FACTS ;-)

Literalism. Talk about missing the forest for the trees. His point is that our trade deals suck and as proof he then cites as fact that the US is running a trade deficit with every country. Alex Trebeck might take issue of course but we actually do run a trade deficit with the vast majority of countries.

Exactly what Bernie Sanders feels:

http://feelthebern.org/bernie-sanders-on-trade/

But now Trump is saying it.

On this point I don't support Trump at all, I think worrying about trade deficits is bunk. Its the liberals who should be applauding him and overlooking the factual miscue.

Chris
02-25-2017, 04:04 PM
The fact we run a trade deficit with virtually every country.

Which is, as even Adam Smith was aware, a win for us.

Newpublius
02-25-2017, 04:19 PM
Which is, as even Adam Smith was aware, a win for us.

If I can give you $10 worth of my stuff for $100 worth of that stuff, that's great for me. There's a logic to that but all trading opportunities presume a sale which then ecentually lets you buy. So, to a certain extent he's right when it shortcircuits Americans' ability to sell to foreigners.

Indeed, selling IS a cost, but businesses compete for sales same way job seekers think landing a job is a good thing. The selling, in and of itself, doesn't help you, its the fact you get to trade what you sell for what you want.

I don't see the trade deal as being bad, but foreign protectionism must stop or we WILL lose free trade if we haven't lost it already.

Scott
02-25-2017, 04:22 PM
business Insider disagrees:

17362



http://www.businessinsider.com/us-trade-surpluses-2017-2 (http://www.businessinsider.com/us-trade-surpluses-2017-2)

from your own source, services are excluded. so it is not a true picture

Trumpster
02-25-2017, 04:42 PM
Trumps there's no country we have a trade surplus with

He was talking to manufacturing CEOs and logically assumed they would understand that he meant America's BIG trade partners - the ones that really matter. For example, China, Germany, Japan, Canada, United Kingdom and others (its a long list).

AZ Jim
02-25-2017, 04:45 PM
He was talking to manufacturing CEOs and logically assumed they would understand that he meant America's BIG trade partners - the ones that really matter. For example, China, Germany, Japan, Canada, United Kingdom and others (its a long list).He has all you little "fans" running around trying to save his dumb ass from heat. Doesn't work just makes the fans look pitiful.

Peter1469
02-25-2017, 04:47 PM
He has all you little "fans" running around trying to save his dumb ass from heat. Doesn't work just makes the fans look pitiful.

Wut?

Take a chill pill. We do not want you to stroke out.

Scott
02-25-2017, 04:56 PM
He has all you little "fans" running around trying to save his dumb ass from heat. Doesn't work just makes the fans look pitiful.

You guys have been doing the same thing for John McCain for decades

Trumpster
02-25-2017, 05:15 PM
Which is, as even Adam Smith was aware, a win for us.

Yes, up to a point and I believe we may have reached the point where we need to get back a lot of the manufacturing jobs that were lost, mostly due to high corporate taxes in the U.S. (I know it's popular lately to say that manufacturing jobs are old fashioned jobs that nobody wants anymore.) But there are lots of people, both skilled and unskilled, who would love to have a manufacturing job.

Chris
02-25-2017, 05:18 PM
Yes, up to a point and I believe we may have reached the point where we need to get back a lot of the manufacturing jobs that were lost, mostly due to high corporate taxes in the U.S. (I know it's popular lately to say that manufacturing jobs are old fashioned jobs that nobody wants anymore.) But there are lots of people, both skilled and unskilled, who would love to have a manufacturing job.

Want jobs back? Then tell politicians to stop driving them out by overregultion and overtaxation.

Chris
02-25-2017, 05:23 PM
If I can give you $10 worth of my stuff for $100 worth of that stuff, that's great for me. There's a logic to that but all trading opportunities presume a sale which then ecentually lets you buy. So, to a certain extent he's right when it shortcircuits Americans' ability to sell to foreigners.

Indeed, selling IS a cost, but businesses compete for sales same way job seekers think landing a job is a good thing. The selling, in and of itself, doesn't help you, its the fact you get to trade what you sell for what you want.

I don't see the trade deal as being bad, but foreign protectionism must stop or we WILL lose free trade if we haven't lost it already.

People don't trade unless they see some potential gain to it and thereby it's win-win.

Federally aggregated trade deficits really mean very little.

Trumpster
02-25-2017, 05:25 PM
Want jobs back? Then tell politicians to stop driving them out by overregultion and overtaxation.

Yes, that's exactly what Trump has been saying all along that he will do.

Bo-4
02-25-2017, 05:43 PM
Yes, up to a point and I believe we may have reached the point where we need to get back a lot of the manufacturing jobs that were lost, mostly due to high corporate taxes in the U.S. (I know it's popular lately to say that manufacturing jobs are old fashioned jobs that nobody wants anymore.) But there are lots of people, both skilled and unskilled, who would love to have a manufacturing job.
Trumpster need catchup. High corporate taxes were NOT the primary reason for manufacturing job loss ...

AUTOMATION was (and i'm not ya Daddy .. you can Google ;-)

But yes, we can agree on a reduction of corporate taxes.

What else? Meh not much i bet!

Dangermouse
02-25-2017, 05:48 PM
Yes, that's exactly what Trump has been saying all along that he will do.

How will he make Americans work at third world wages?

Newpublius
02-25-2017, 06:49 PM
Trumpster need catchup. High corporate taxes were NOT the primary reason for manufacturing job loss ...

AUTOMATION was (and i'm not ya Daddy .. you can Google ;-)

But yes, we can agree on a reduction of corporate taxes.

What else? Meh not much i bet!

Why wouldn't it be a multitude of reasons? I mean, if a carbon tax is designed to discourage activity that produces carbon emissions why doesn't taxation generally discourage what is, in fact, taxed. All costs matter.

Trumpster
02-27-2017, 02:42 PM
@Trumpster (http://thepoliticalforums.com/member.php?u=2121) need catchup. High corporate taxes were NOT the primary reason for manufacturing job loss ...

AUTOMATION was (and i'm not ya Daddy .. you can Google ;-)

But yes, we can agree on a reduction of corporate taxes.

What else? Meh not much i bet!

I was referring to jobs lost to other countries. If we lost jobs in the U.S. because of automation it doesn't mean we should compound it by losing the whole manufacturing plant.

Safety
02-27-2017, 02:52 PM
He has all you little "fans" running around trying to save his dumb ass from heat. Doesn't work just makes the fans look pitiful.

Although very true, there's something to be said about candor. It's a psychosis they need medicine for.

Trumpster
02-27-2017, 02:53 PM
How will he make Americans work at third world wages?

For large items like cars, refrigerators and heavy equipment etc., the shipping is very expensive. Make those items here and the money saved on shipping (plus lower corporate taxes) will compensate for higher wages.

nathanbforrest45
02-27-2017, 03:15 PM
How will he make Americans work at third world wages?


Third world wages might be an improvement over zero wages when all the jobs disappear.