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Post by impulse on Mar 6, 2019 16:55:52 GMT -5
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Post by Slam_Bradley on Mar 6, 2019 18:32:16 GMT -5
Trade deficits only matter to "The Party of Fiscal Conservatism™" when Democrats are in office. |
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Post by The Captain on Mar 7, 2019 7:11:24 GMT -5
It's not quite this cut and dried. The article itself states that the trade deficit is being fueled, in part, by a strong US dollar, which increases the cost of US goods in foreign countries and makes foreign goods less expensive. Isn't a strong dollar a good thing? Case in point. In December 2018, the dollar versus the yuan was at its highest point since January 2017 (and in November 2018, it was at its highest point since April 2008). The dollar was on the decline through much of 2017 and rose through much of 2018, which would naturally create this kind of deficit. Versus the rupee, the dollar was stronger in December 2018 than it had been since at least February 2007, and it was higher against the yen than it had been for much of 2017 and 2018. Don't get me wrong, tariffs are a bad idea, but I can kind of see Trump's point in implementing them at this time If there is a strong dollar that is keeping the cost of US exports high and foreign goods are much lower, he was trying to level the playing field to make the cheaper-made goods coming in cost-competitive with US-made goods. It hasn't worked as he'd hoped (even with an upswing in US manufacturing jobs), but there is a lot more going on that is causing the deficit than just "Trump". |
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Post by thwhtguardian on Mar 10, 2019 16:33:26 GMT -5
This kind of stuff drives me nuts, in a reelection stump Israeli Prime Minister Netanyahu said Israel was a "Jewish, democratic state with equal rights, but not the nation-state of all its citizens, only of the Jewish people"
That's the kind of stuff that deserves a UN sanction.
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Post by Slam_Bradley on Mar 10, 2019 17:20:15 GMT -5
This kind of stuff drives me nuts, in a reelection stump Israeli Prime Minister Netanyahu said Israel was a "Jewish, democratic state with equal rights, but not the nation-state of all its citizens, only of the Jewish people" That's the kind of stuff that deserves a UN sanction. Careful. Nobody is allowed to criticize Israel. |
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Post by thwhtguardian on Mar 10, 2019 19:02:33 GMT -5
This kind of stuff drives me nuts, in a reelection stump Israeli Prime Minister Netanyahu said Israel was a "Jewish, democratic state with equal rights, but not the nation-state of all its citizens, only of the Jewish people" That's the kind of stuff that deserves a UN sanction. Careful. Nobody is allowed to criticize Israel. It's perhaps not a popular opinion, but personally I think the creation of Israel is perhaps the greatest blunder in modern history. |
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Post by beccabear67 on Mar 10, 2019 22:39:32 GMT -5
I'm not down with any land being particularly holier than any other land, nor having been deeded by a God to one group or other, generally the reality everywhere involves some bloodshed and outright murder and the God jazz is some kind of distracting hooey for the rubes/true-believers. It may seem that if people don't kill people over land then it's a flag or a different God from the other, but really people have always just been capable of killing, and it's often easier than communicating or sharing I guess.
I think we are seeing the extremes solidifying in the U.S. It will be up to people to choose something other than that if stability is what they really want. You'd think more great promises and visions would go down to mostly the sound of crickets by now outside of the very youngest. Do you want to hire the exciting personality promising the self-driving artificial intelligence universe who as likely might turn out to be a drunk off 'sick' all the time who takes your parking spot, or some variation of a perv after a couple months on the job if not sooner, or just someone qualified and capable and with some bloody idea of what can actually be done? Just cleaning up after Trump ought to take anyone half their first term at the very least, if they really do know what they're doing. I would hope that pandering to a base or special interest group would've been shown to be as unhealthy for the country as the trickle down voodoo economics snuck in under temporary status long ago!
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Post by Slam_Bradley on Mar 10, 2019 22:54:33 GMT -5
Careful. Nobody is allowed to criticize Israel. It's perhaps not a popular opinion, but personally I think the creation of Israel is perhaps the greatest blunder in modern history. I’m not sure I’d agree or disagree with you. The entire situation and the creation of Israel is/was fraught with peril. It is, however, emblematic of the disastrous repercussions of colonialism. If there is a way to NOT determine national borders, it is to have disassociated statesmen on foreign continents carve them up on maps with little to no understanding of the history, politics or geography of the subject lends. The Middle East and most of Africa is a mess bred in 18th through 20th Century European hubris (with room left over for American blame). |
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Post by Pharozonk on Mar 11, 2019 22:23:36 GMT -5
A trade deficit isn't inherently a bad thing, especially now with the economy at a high point. |
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Post by Roquefort Raider on Mar 12, 2019 4:53:16 GMT -5
A trade deficit isn't inherently a bad thing, especially now with the economy at a high point. True, but the tariffs and assorted trade barriers that were arbitrarily imposed were specifically meant to reduce said trade deficit, which they didn’t. All they did was increase the price on imported goods and cause other countries to impose their own tariffs, reducing American competitivity abroad. The government’s trade policy is really the worst of both worlds. |
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Post by impulse on Mar 12, 2019 10:12:55 GMT -5
A trade deficit isn't inherently a bad thing, especially now with the economy at a high point. True, but the tariffs and assorted trade barriers that were arbitrarily imposed were specifically meant to reduce said trade deficit, which they didn’t. All they did was increase the price on imported goods and cause other countries to impose their own tariffs, reducing American competitivity abroad. The government’s trade policy is really the worst of both worlds. Ding ding ding! Also... Fidelity finds global business souring on TrumpEmphasis mine. Of course trade deficits are not inherently bad but this one is not looking so good. |
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Post by Pharozonk on Mar 12, 2019 15:39:09 GMT -5
A trade deficit isn't inherently a bad thing, especially now with the economy at a high point. True, but the tariffs and assorted trade barriers that were arbitrarily imposed were specifically meant to reduce said trade deficit, which they didn’t. All they did was increase the price on imported goods and cause other countries to impose their own tariffs, reducing American competitivity abroad. The government’s trade policy is really the worst of both worlds. I agree but Impulse’s initial post made it seem like 1) a trade deficit is bad and 2) Trump is to blame |
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Post by Prince Hal on Mar 12, 2019 15:55:06 GMT -5
True, but the tariffs and assorted trade barriers that were arbitrarily imposed were specifically meant to reduce said trade deficit, which they didn’t. All they did was increase the price on imported goods and cause other countries to impose their own tariffs, reducing American competitivity abroad. The government’s trade policy is really the worst of both worlds. I agree but Impulse’s initial post made it seem like 1) a trade deficit is bad and 2) Trump is to blame This trade deficit is bad, and Trump is to blame. |
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Post by Pharozonk on Mar 12, 2019 18:53:12 GMT -5
I agree but Impulse’s initial post made it seem like 1) a trade deficit is bad and 2) Trump is to blame This trade deficit is bad, and Trump is to blame. How is the current one bad and how is it Trump's fault? We've had a massive trade deficit with China since even Bush Jr. Impulse's link headline is misleading. |
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Post by Warmonger on Mar 12, 2019 20:44:08 GMT -5
This trade deficit is bad, and Trump is to blame. How is the current one bad and how is it Trump's fault? We've had a massive trade deficit with China since even Bush Jr. Impulse's link headline is misleading. Yes but...ORANGE MAN BAD!! |
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