« prev   random   next »


The trade deficit...

By Heraclitusstudent following x   2018 Mar 7, 12:13pm 1,077 views   4 comments   watch   sfw   quote     share    

... is exploding - as it must when the government decides to massively dissave and run a massive budget deficit.
I guess we need tariffs to compensate...
1   TwoScoopsOfSpaceForce   ignore (4)   2018 Mar 7, 4:05pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

The Budget Deficit and the Trade Deficit are linked.

All the imported finished goods are absent factories that if it was made in the USA, would have paid property taxes, their workers income taxes, their shipping supplies in and shipping product out more in gas and vehicle taxes, the company corporate taxes, and all the contractors and subcontractors paying business and income taxes for themselves and their employees.

More jobs is less welfare, higher home prices, better neighborhoods, social cohesion and a ton of other benefits that are indirect and harder to measure.
2   Heraclitusstudent   ignore (2)   2018 Mar 7, 6:29pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Yes, absent special intrusion in trade, the tax break, and extra gov spending are likely to result in a bigger trade deficit, profiting other countries.
3   Strategist   ignore (2)   2018 Mar 7, 6:54pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

It's American trade deficits that financed the economies of Japan, Germany, South Korea, Taiwan, Saudi Arabia, and China.
4   just_dregalicious   ignore (0)   2018 Mar 7, 8:49pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Don't forget Mexico and Canada!

The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available

about   best comments   contact   one year ago   suggestions