Quote:
Originally Posted by tucker6
However, changing how we conduct negotiations on trade is a must if we are to see any new direction in our account deficit or even a change in attitudes among our trade partners.
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Countries don't trade, businesses and consumers trade. No one trades if they don't find it in their own self-interest. Why does the federal government have to negotiate regulation of how companies and individuals operate in their own self-interest?
Trump and supporters take a very narrow view, looking at only one side of the accounts. A trade deficit, by definition, means a capital surplus. That means foreign investment flowing into this country, creating jobs in the areas we are good at.
Neither Trump nor any of his supporters ever discuss our YUGE capital surplus or why it is good for the country.
