America use to be very wealthy with tariffs on foreign countries. Then in 1913, they established the income tax. The entire globe has been ripping us off ever since.
The trade deficit must be reversed. I asked you many times Baghdad, what is your solution to reverse the trade deficit. Since you hate Trump's plan, what's yours????
this nation has become ever richer carrying a trade deficit. We absolutely dominate the global economy. Whatever we have been doing has been benefitting this nation tremendously. I recommend we do not get rid of the trade deficit.
A trade deficit merely means our economy produces such wealth that you and I can buy the products we want from foreign nations. It doesn't mean the nation is being being ripped off. The contrary: it means we are so wealthy that we can have poorer people make stuff for us rich people.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
this nation has become ever richer carrying a trade deficit. We absolutely dominate the global economy. Whatever we have been doing has been benefitting this nation tremendously. I recommend we do not get rid of the trade deficit.
A trade deficit merely means our economy produces such wealth that you and I can buy the products we want from foreign nations. It doesn't mean the nation is being being ripped off. The contrary: it means we are so wealthy that we can have poorer people make stuff for us rich people.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
there is no problem that requires a big 'solution' like this one.
sure, there are always trade hotspots and problems that need addressing. But not destroying the trade system that made americans the richest nation on the planet with an ever larger share of an ever-growing pie.
americans keep getting richer and richer. Our system has made us rich enough to afford lots of imported goods. Not a problem.
this nation has become ever richer carrying a trade deficit. We absolutely dominate the global economy. Whatever we have been doing has been benefitting this nation tremendously. I recommend we do not get rid of the trade deficit.
A trade deficit merely means our economy produces such wealth that you and I can buy the products we want from foreign nations. It doesn't mean the nation is being being ripped off. The contrary: it means we are so wealthy that we can have poorer people make stuff for us rich people.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
How is this going to reverse our trade deficit with Cambodia?
this nation has become ever richer carrying a trade deficit. We absolutely dominate the global economy. Whatever we have been doing has been benefitting this nation tremendously. I recommend we do not get rid of the trade deficit.
A trade deficit merely means our economy produces such wealth that you and I can buy the products we want from foreign nations. It doesn't mean the nation is being being ripped off. The contrary: it means we are so wealthy that we can have poorer people make stuff for us rich people.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
Credit where credit is due: Trumpers are hard workers. Imagine how much effort it must take to keep on top of what Trump wants you to think and say on an hourly basis? When do they sleep??
ER can confirm, but I think that's serious Protestant Work Ethic stuff.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
How is this going to reverse our trade deficit with Cambodia?
Kinda obvious that Beaverton needs to start shipping LOTS of $350 Nike Alphafly Next-Knit 5.2% Giz-Max flats to Cambodia. They'll eat them up, and we'll be Winning.
this nation has become ever richer carrying a trade deficit. We absolutely dominate the global economy. Whatever we have been doing has been benefitting this nation tremendously. I recommend we do not get rid of the trade deficit.
A trade deficit merely means our economy produces such wealth that you and I can buy the products we want from foreign nations. It doesn't mean the nation is being being ripped off. The contrary: it means we are so wealthy that we can have poorer people make stuff for us rich people.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
You still haven’t articulated why a trade deficit is bad.
Good enough. When you’ve determined how low it will go, can you please show all the idiots on here how stupid they are and how smart you are by coming here in real time and posting, “We’re at or near the bottom now. Time for the markets to turn back up. I’m putting cash back in the markets now. Watch and learn while I maximize profits!”
We used to hate adolt, but NOW that we know that he can tell us exactly where the bottom is....awesome!
THEN we'll go back to hating him.
If you weren't an imbecile you'd understand that the market always recovers.
You don't need to time the bottom perfectly to profit.
How is this going to reverse our trade deficit with Cambodia?
Kinda obvious that Beaverton needs to start shipping LOTS of $350 Nike Alphafly Next-Knit 5.2% Giz-Max flats to Cambodia. They'll eat them up, and we'll be Winning.
Nah. Nike should just open a new manufacturing plant in central manhattan and pay the employees $3000 an hour. Then your alphafly Trump is a moron edition will only cost $60k.
Kinda obvious that Beaverton needs to start shipping LOTS of $350 Nike Alphafly Next-Knit 5.2% Giz-Max flats to Cambodia. They'll eat them up, and we'll be Winning.
Nah. Nike should just open a new manufacturing plant in central manhattan and pay the employees $3000 an hour. Then your alphafly Trump is a moron edition will only cost $60k.
Nah. Nike should just open a new manufacturing plant in central manhattan and pay the employees $3000 an hour. Then your alphafly Trump is a moron edition will only cost $60k.
Well, we should do BOTH. Trump said.
In fact, the more I think about it, that's genius. Using illegal immigrant labor, you make $350 sneakers that the Cambodians won't buy. And then with U.S. urban hispster labor, you makes $1500 sneakers that Americans won't buy.
And then......HE-LLO 1955 Golden Age !!!! (Jim Crow included, free)
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
You still haven’t articulated why a trade deficit is bad.
In 2024, the U.S. trade deficit, representing the difference between imports and exports, reached $918.4 billion, a 17% increase from the previous year.
So, you're ok with the status quo. Right?
You have no solution.
You still haven’t articulated why a trade deficit is bad.
A trade deficit happens when a country buys more from other countries than it sells. To pay for these extra imports, it often has to borrow money, which can lead to more debt. Some people believe that trade deficits can cause job losses in local industries—especially in manufacturing—because they can't compete with the cheaper imported goods.
A good example are the car manufacturers. Trump is getting Ford & GM to manufacture more cars here in the USA instead of in Mexico or overseas. More jobs here, more dollars for our economy- that's the biggest reason to do this.
Trump is the first president who has attempted the reverse the trade deficit. Getting substantial/additional revenue from trade is a way to boost the treasury.
