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Donald Trump is talking nonsense on trade (No CNN, Donald Trump is 100% right on trade)
CNN ^ | November 5, 2015 | By Heather Long

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 ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: alexswoyer; bernardbaumohl; cnn; demagogicparty; doddfrank; eib; elections; exportimportbank; glasssteagall; heatherlong; memebuilding; obamatrade; partisanmediashill; partisanmediashills; tisa; tpa; tpp; trade; trump; wikileaks
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To: Duchess47

You’re wrong.

Our trade deficit with China is a relatively recent development.

One short generation ago, America was the premier manufacturer on the entire planet.

Now China makes for than we do. And that is rapidly growing.

Donald Trump is completely right, to raise this issue. We badly need to bring back American manufacturing.


21 posted on 11/07/2015 4:00:19 PM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network

I’m sorry, I was being sarcastic about the article which was one of the more stupid things I’ve read lately. I totally agree with you.


22 posted on 11/07/2015 4:04:54 PM PST by Duchess47 ("One day I will leave this world and dream myself to Reality" Crazy Horse)
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To: Duchess47

Oh my apologies.

Had no idea. Sorry about that.

Thanks for your reply.


23 posted on 11/07/2015 4:06:37 PM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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