America now runs a 342 billion dollars / year trade deficit with the People’s Republic of China.
That is what is wrong.
Both parties, have sold out America.
and yet, you remain clueless as to how policies like Dodd Frank are killing us......just effen amazing. How can so much passion reside in the same being with so little intellectual curiosity? It really is amazing.
The priority is whether making China suffer a little is worth having America suffering a lot. Right now our China imports are almost double what they were in early '09 as our over all trade deficit was almost half then what it is now. As bad as we may say things are now, they were worse in early '09.
that deficit is not a problem and unrelated to the thread
The deficit is not of sovereign origin but between customers and vendors
The trade deficit is a symptom of many problems (high corp taxes, regulations, etc) not the root problem.
Both parties, have sold out America.
That's true and there are many reasons that overlap with the problems that create the trade deficit. For example, high corp taxes are used to squeeze corporations for campaign donations in exchange for tax breaks. Regulations are mainly to benefit one corporation or industry at the expense of others. They both talk about the American people but the politicians are beholden to Wall St and Wall St likes trade deficits.
CNN, you’ve been shown clearly and fully that there can be no such thing as a trade deficit. Stop lying, CNN, and stop using the Left’s boogeymen to scare people. It’s un-American.