Trumponomics

in #trump6 years ago

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Every one of these assertions is false. We profit from both imports and exports. Trade deficits indicate cash flows, but they are not losses. Trade wars are harmful both to our economy and to the economies of our "targets." Economists overwhelmingly agree that high tariffs prolonged the Great Depression, although they were enacted in an attempt to stimulate the economy. If we are "down" $100 billion in trade with a country, it means they've given us at least $100 billion in value, which is stuff that we are now using and getting benefit from. If we stop trading, we won't have that good deal anymore, and we'll have to pay more elsewhere for the same things we formerly enjoyed. We lose. Big.

It's also not easy, because the prospect of retaliation is not trivial.

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Well, today, information is paid more than anything You can imagine. Now, imagine privacy of any information in world today. Pretty much impossible, right? And still, media and such a things are followed and viewed more than You can imagine. But that is not the problem. Problem is that the people actually do not think on their own on anything, but everything they hear is the truth and they would argue about that with who ever. System, that is a problem! That is what system made and still is on !

The man is a lunatic and add to that a level of dishonesty not often seen.

Fingers crossed that his lawyer flips on him.

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