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.
You defined what a trade deficit is, but are wrong in your assertion that a trade deficit increases the national debt. You do understand the difference by a trade deficit that relates to American consumers’ buying habits and the National debt / deficit accrued by the federal government, right?
Why is it better to pay somebody $60 an hour to manufacture toilet plungers in Kansas than $0.60 an hour to manufacture toilet plungers in Cambodia? Especially since unemployment is low, so everybody that wants a job has one. “Bringing toilet plunger manufacturing back to America” is not suddenly going to create thousands of new employees, it’s going to shift some people who currently make toilet bowl wands to making toilet plungers at the same pay.
Oh good! I get to overpay for a piece of sh*t Ford! #winning!
You responded to me. I'm not a lib. You can check my 20+ years worth of posts. I'm against tariffs as the vast majority of conservatives always have been. I didn't change my views because some life-long Democrat ran as a Republican and has built a cult of personality around himself.
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.
“Some people believe …” ? Wow. Just wow.
”it often has to …”: wouldn’t this be context-dependent?
“A country buys …”: Don’t you mean, by and large, the citizens (and by extension, businesses) of a country? The individual consumers can manage their money, and the companies are responsible for their own balance sheets.
If a company turns a profit overall, it doesn’t matter if it needs to spend more on raw materials from country X than it can take in from sales to consumers in X. It will get its consumers elsewhere
And I’m unclear about the economic benefit of creating a farming trade war, putting a tariff on Chinese imports, collecting those tariff dollars from Americans, and then spending nearly all of those tariff proceeds on a bailout to farmers who were screwed over by the farming trade war.
I know there are lots and lots of people who preferred to see DeSantis or even Haley nominated over Trump. Although an insufficient number of Republicans voted that way last year, I suspect either of them would do much better in a head-to-head with him if this info were known (which is different from just asking them anew now, given the way people will engage in ego protection).
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.
“Some people believe …” ? Wow. Just wow.
”it often has to …”: wouldn’t this be context-dependent?
“A country buys …”: Don’t you mean, by and large, the citizens (and by extension, businesses) of a country? The individual consumers can manage their money, and the companies are responsible for their own balance sheets.
If a company turns a profit overall, it doesn’t matter if it needs to spend more on raw materials from country X than it can take in from sales to consumers in X. It will get its consumers elsewhere
And I’m unclear about the economic benefit of creating a farming trade war, putting a tariff on Chinese imports, collecting those tariff dollars from Americans, and then spending nearly all of those tariff proceeds on a bailout to farmers who were screwed over by the farming trade war.
Exactly. Last time, 92% of Chinese tariff revenue went to bailout farmers.
One of Trump’s greatest tricks was to persuade 70 million people America was in the poorhouse and a victim of unfair and smarter nations. Gave Trump a license to kill. and kill is what he is doing.
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.
Yeah, that's what he said, but the original question was not for you to identify it "exactly." And you're absolutely right that you don't need to time the market perfectly to profit.
You can just keep along with dollar cost averaging as a standard strategy to profit in an equities market that continues an upward trend over the long term. But that's profiting, and that's what a person of average intelligence and ability (among investors) might do.
You'd need to time it perfectly only to maximize profits. So I suppose if someone were crowing about a plan to "maximize" their profits as their supercilious means of belittling others, that's who would apparently be implying that they can locate the exact bottom.
Since I would never take a message-board use of a term like "maximize" as literal, I would never expect such a person to call an exact bottom to a market downturn. I would expect them to be substantially better than the vast majority of investors at doing so, though.
But here's the key part: I just figure that, when I see someone so assured of their own intelligence and knowledge that they frequently publicly make (or imply) statements about how their own mental ability far exceeds that of the fools in their midst, they would gladly seize the opportunity to offer up evidence in support of this great truth.
I am fully aware, though, that not everyone with intelligence and knowledge is similarly endowed with self-respect.
I was able to time it perfectly in 2020 and maximized my profits as people like you were selling off your retirement.
I hope to do the same in 2025 but there's much more uncertainty in the markets now than there was in 2020 so it's harder to determine what the bottom is.
”it often has to …”: wouldn’t this be context-dependent?
“A country buys …”: Don’t you mean, by and large, the citizens (and by extension, businesses) of a country? The individual consumers can manage their money, and the companies are responsible for their own balance sheets.
If a company turns a profit overall, it doesn’t matter if it needs to spend more on raw materials from country X than it can take in from sales to consumers in X. It will get its consumers elsewhere
And I’m unclear about the economic benefit of creating a farming trade war, putting a tariff on Chinese imports, collecting those tariff dollars from Americans, and then spending nearly all of those tariff proceeds on a bailout to farmers who were screwed over by the farming trade war.
Exactly. Last time, 92% of Chinese tariff revenue went to bailout farmers.
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.
You defined what a trade deficit is, but are wrong in your assertion that a trade deficit increases the national debt. You do understand the difference by a trade deficit that relates to American consumers’ buying habits and the National debt / deficit accrued by the federal government, right?
Why is it better to pay somebody $60 an hour to manufacture toilet plungers in Kansas than $0.60 an hour to manufacture toilet plungers in Cambodia? Especially since unemployment is low, so everybody that wants a job has one. “Bringing toilet plunger manufacturing back to America” is not suddenly going to create thousands of new employees, it’s going to shift some people who currently make toilet bowl wands to making toilet plungers at the same pay.
Oh good! I get to overpay for a piece of sh*t Ford! #winning!
Can we please settle on whether the standard consumer product of Trump idiocy is the plastic practice golf ball or the toilet plunger?
This stuff is already confusing enough for the Trumpers without that kind of inconsistency making it worse.
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.
Lol what is this nonsense? How is importing cheaper goods from Vietnam compared to the cost it would be to manufacture here result in “boring more money”?! That’s hilariously ignorant.
You defined what a trade deficit is, but are wrong in your assertion that a trade deficit increases the national debt. You do understand the difference by a trade deficit that relates to American consumers’ buying habits and the National debt / deficit accrued by the federal government, right?
Why is it better to pay somebody $60 an hour to manufacture toilet plungers in Kansas than $0.60 an hour to manufacture toilet plungers in Cambodia? Especially since unemployment is low, so everybody that wants a job has one. “Bringing toilet plunger manufacturing back to America” is not suddenly going to create thousands of new employees, it’s going to shift some people who currently make toilet bowl wands to making toilet plungers at the same pay.
Oh good! I get to overpay for a piece of sh*t Ford! #winning!
Can we please settle on whether the standard consumer product of Trump idiocy is the plastic practice golf ball or the toilet plunger?
This stuff is already confusing enough for the Trumpers without that kind of inconsistency making it worse.
And since poors like adolt don't play golf but do have a lot of plumbing problems in the double wide, let's just go with the plunger. Fewer words, too (another Trumper bonus).
AJP Action is heartbroken and furious over the killing of 14-year-old Amer Rabee, a Palestinian American from New Jersey, who was shot and killed by an Israeli settler in the occupied West Bank on Sunday, April 6th. Amer traveled to his homeland to visit family and now he won’t return. His death is not an isolated tragedy, but part of a growing, state-sanctioned pattern of settler terror that Palestinians are forced to endure on a daily basis.
Can we please settle on whether the standard consumer product of Trump idiocy is the plastic practice golf ball or the toilet plunger?
This stuff is already confusing enough for the Trumpers without that kind of inconsistency making it worse.
And since poors like adolt don't play golf but do have a lot of plumbing problems in the double wide, let's just go with the plunger. Fewer words, too (another Trumper bonus).
I have a 5 handicap though I don't get out as much as I'd like.
It would be amusing to watch you blast one of your 175 yard drives from the lady's tees.
And since poors like adolt don't play golf but do have a lot of plumbing problems in the double wide, let's just go with the plunger. Fewer words, too (another Trumper bonus).
I have a 5 handicap though I don't get out as much as I'd like.
It would be amusing to watch you blast one of your 175 yard drives from the lady's tees.
Dude... Your online persona is really something...
