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To: central_va

The “trade deficit” number in of itself is not what is bad - it is if we open our market up without reciprocation from the other side. That is not going to be reflected in the raw “trade deficit” number. Goods merely coming into the country is an exchange of wealth, not a loss of wealth. If the goods we are receiving are worth more than what is being paid, then they have a trade deficit with us, not the other way around.

The “trade deficit” can also increase merely because we are buying more goods in general across the board - even if their share of the market were to decrease. There have been recent spikes in the trade deficit even with the tariffs because our own economy is doing well and people are buying more products across the board. That is reality.


9 posted on 09/22/2018 9:14:18 AM PDT by Republican Wildcat
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To: Republican Wildcat
The “trade deficit” number in of itself is not what is bad - it is if we open our market up without reciprocation from the other side. That is not going to be reflected in the raw “trade deficit” number. Goods merely coming into the country is an exchange of wealth, not a loss of wealth. If the goods we are receiving are worth more than what is being paid, then they have a trade deficit with us, not the other way around.

Your post needs:


10 posted on 09/22/2018 9:25:30 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Republican Wildcat

Yes, the trade deficit dollars are bad in and of themselves. Period.

If we constantly send $500 billion dollars a year more overseas than they put back into the American economy, it becomes a permanent drain on our economy and we eventually go broke.

You can’t see this?

I grant you the details matter. It goes much quicker if our GDP is $501 billion than if it is $5,001 billion. But the damage is still the same. We are going broke because we are losing far more than we are gaining.


14 posted on 09/22/2018 9:36:47 AM PDT by Freedom_Is_Not_Free (End the Mueller Gestapo now. Free the Donald.)
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