Unfortunbately, one of the major failings of every Administration since Reagan (and to some extent there too) was this globalist gobbeldeegook which the ChiComm eat up to their advantage, and which emboldens them and fills their coffers with our money.
Which they then spend like this:
Jeff, we’re in general agreement on your comments. I’m going to have to defend Reagan and even Bush to a certain extent though. Look, Bush set the groundwork for serious trade changes that Clinton exploited.
In 1992, our trade deficit was about $50 billion dollars. By 2005 that deficit had reached $804.9 billion dollars per year.
Out trade with China mushroomed in the early 1990s to what it is today, something I think you and I would agree is downright shameful considering what China truly is.
Am I reading that right Jeff? Our 600 ship Navy under Reagan is now 222 ships? Is that what this indicates?