Trump Readies Sweeping Tariffs and Investment Restrictions on China

NY Times ^ | 03-16-2018 | ANA SWANSON

[Windflier]

How would the tax cuts cause increased deficits? Tax cuts like the ones passed increase the funds coming into the treasury.

For a young idiot, you're pretty damned smart.

[User901]

"It's always someone else's fault isn't it? I haven't noticed an objection on Trump's part to budget deficits. god forbid we just spend less."

I don't think you're understanding. The trade deficit is contributing to budget deficit. We need to put a stop to the idiotic and ruinous trade deficit with the Chinese communists that impacts wage earner incomes of American citizens. That'll will go a long way to reducing the budget deficit.

I could care less about Chinese communist jobs. I say let the trade war begin. And it's about time. There's more important things to consider than the availability of cheap communist Chinese produced electronics.

[User901]

"It’s not all rosy for China. They have demographic issues in their not- too -distant future. Their senior citizen population is going to double within the next 10 -15 years. The gender gap already makes it difficult for marrying age males to find mates. They eased the one-child-policy, but there are still close to 120 males born for every 100 females. Single men without families just doesn’t work in their culture.

Well that is heartbreaking. I guess if the Chinese population gets up enough gumption to throw off their Marxist oppressors that will change. Not the problem of everyday American citizens. Our ancestors fought for freedom from government oppression thank God. Now it's up to us to protect that freedom for our descendants. And that should include not allowing obscene trade deficits with communist regimes. I'm behind Trump all the way on this issue.

[Poison Pill]

I don't think you're understanding.

A trade imbalance by itself doesn't create a money debt. The debt you mention in 16 comes from the budget deficit. If the government spends $100 in a year, but only takes in $90, the $10 difference is a budget deficit. When the government sells a bond to cover the deficit, a $10 debt is created. If the government reduced it's spending by $10 it would not need to create that debt.

A country can run a trade imbalance and create no debt.

[JPJones]

Best President evah!

[Sam Gamgee]

A Canada that put a part time drama teacher in power? I use to have hope but I just think the populace is essentially socialist.