|
In Trump's press conference yesterday with President Moon of SK, he gave us great insight into how he views many subjects. He was asked about the China trade talks, and in answer, he said that China takes $1B in wealth from our country every week, so a two week delay in talks is about $2B in lost real wealth. He said that is how he views the issue. He doesn't view it as time lost, but money lost. Most politicians think in terms of time and not money or wealth.
I know Elysian and Clocker and their ilk think differently for some strange reason, but a trade deficit is lost wealth, not gained wealth.
|
