Posted on 05/20/2025 5:09:45 AM PDT by karpov
I don’t agree with the second part of their explanation.
There are many other variables they are not considering. Their over simplification is wrong.
“Why Does the U.S. Always Run a Trade Deficit?”
Give credit where it’s due - our LABOR UNIONS - they FORCE US manufacturers to spend (waste) their money on labor, rather than engineering and materials. They’re the reason I won’t buy an ‘American’ car, so all that money goes overseas. After all, I may be Patriotic, but I’m not a Fanatic.
No mention in the excerpt of cheap Chinese slave labor. I’m not an economist. Nevertheless, I pretty sure that plays a role in the deficit.
Not to mention excessive regulations of the manufacturing process that increases costs as well.
Because our polidiots are on the take. We are no longer a national of laws. We are an outlaw nation.
In part, because CEO’s look at the profit margin and their company makes more money producing products in China and shipping them into the US.
“Not to mention excessive regulations of the manufacturing process that increases costs as well.”
Yet another reason to THANK THE UNIONS - they get the Democrats elected to do just what you’re referring to.
(apologies to our local shop steward, he’ll soon show up to defend those monsters)
We’re not frugal.
Too many crooks in Congress.
Only two great presidents since 1900
Politicians are a gluttonous breed.
Nation has a vast corrupted underclass that thrives on welfare.
I forgot the damned unions!
I like French wine and French cheese. It cost $15 to get a decent Bordeaux, it cost $25 for a decent bottle of California Cabernet.
“Why Does the U.S. Always Run a Trade Deficit?”
Because we don’t make anything other countries want to buy?..............
Many other things we make are too expensive for export due to the cost of labor and the inability to automate production, due to…labor.
We will always run a trade deficit. It isn’t our biggest economic problem.
Or if we do, other countries put massive tariffs to protect their domestic products.
I can it a trade surplus. We get their stuff, they get our paper.
The USA is the biggest consumer market in the World.
We like to buy stuff and many of us have the means to do so (not saying many aren’t poor or over their heads financially) unlike many other populous countries.
Honestly, I think we buy too much unnecessary junk, but what’s junk comes down to taste and function. I buy way too many guns and gardening stuff, etc.
I can it a trade surplus. We get their stuff, they get our paper.
I remember when we bought good stuff here.
Agreed. Reads like gaslighting to me.
Propaganda.
Nonsense. What happens is that government deficit spending subsidizes current consumption to buy votes and "free trade" ensures that a good chunk of that subsidized consumption is sent abroad or results in asset inflation benefitting the top few percent of Americans.
Trade deficits are not bad things.
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