Posted on 11/05/2015 11:39:11 PM PST by Cringing Negativism Network
Donald Trump likes to remind America that he's a master dealmaker.
"I'm going to make the greatest trade deals we've ever made in our country," he proclaims in his new radio ads.
But experts say Trump is talking a lot of nonsense on trade. It isn't backed up by the data.
"[Trump] wants to convey as a presidential candidate that any deal that he was not involved with... is by definition an inferior deal because he didn't play a role," says Bernard Baumohl, chief economist at the Economic Outlook Group.
(full article)
http://money.cnn.com/2015/11/05/news/economy/donald-trump-trade-nonsense/index.html
(Excerpt) Read more at money.cnn.com ...
That is our problem.
Trump is completely, 100% correct.
Trump is 1000% incorrect on trade.
No better than Leftist Baboons.
We have the dumbest leaders in the world, who allow ANNUAL deficits of $400 BILLION year after year with just ONE country..China. China is buying prime properties in US, mines, businesses, US Treasuries, Stocks, basically anything for sale in US.
Please expound?! Thank you, Reaganez.
These trade deals have been screwing Americans for over a generation.
Their starting to panic because people aren’t buying the BS anymore.
The COC can give all the money they want, but they can’t deliver the votes.
Did you even read the article?
The CONgre$$ and the president have traded away our sovereignty (TPP-5544 pgs) -
and plundered our treasury -
11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks.
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
—That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
“Trump is 1000% incorrect on trade.”
Question. Are huge, chronic, annual trade deficits a good thing or a bad thing for a country?
No one, not even I, is completely, 100% correct. Claiming so is only yet another indication of your ignorance.
Tend to agree with you. Trump, while Im a supporter in many ways, is way off on this issue.
Trump is completely, 100% correct on bringing back jobs to America.
How is that?
Everyone else is on the “sold out to every other country” bandwagon.
That is wrong. Americans need to bring back jobs right here.
TPP was created by Barry and Soros to destroy border and wipe out our constitution with an international tribunal !
TPP has nothing to do with trade .
It's about globalization and wiping our constitution!
You have nothing in common with Reagan and should change your poster name !
Now we all know your another DC establishment troll here ,
It figures you side with Obama , Soros and CNN .
you are an idiot....now go to the whiners corner fool.
So what imports are we going to cut back on in order to bring trade back into balance?
[3. “Our trade deficit has been a dangerous drag on our economy,” Trump says in the new book.
Reality check: The U.S. does run a trade deficit — meaning America buys more from foreigners than it sells to them. But it has been that way since the 1970s. The U.S. has had many great years of prosperity and growth despite the trade imbalance.
For all the focus on America’s trade deficit, imports aren’t a bad thing, economists say. The U.S. is getting a lot of cheap goods. That keep costs down for the poor and middle class. ]
This is one of the most illogical things I’ve read this morning. Because it has existed since the 1970’s it’s okay and Trump is wrong. Oh, and because it brings in cheap goods it helps the poor and middle class. Wouldn’t it be better to provide jobs so they can afford decent goods that don’t fall apart in weeks or poison them?
They talk of “experts”. What experts are they referring to?
Are these the same experts who pimped Obamacare and the best of the best the same Obamacare whose exchanges are 90% bankrupt.
Are these the experts CNN is talking about?
It is backed up by this data:
China ($450 Billion)
Japan ($74 Billion)
Mehico ($54 Billion)
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