03-11-2018, 03:17 PM
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#44
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Registered User
Join Date: Nov 2009
Location: donkeys ride from ASD
Posts: 13,002
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Quote:
Originally Posted by elysiantraveller
I'll ignore the rest since I asked for evidence and its just the standard Trump/Protectionism trope.
And I'll repeat:
- $18 Trillion GDP
- Cheap Goods
- Full Employment
- Highest Manufacturing Production in History
- Highest Levels of Consumption (Globally)
- High standard of living
- Relatively Low Cost of Living (Lower than Germany, France, UK, Sweden, Finland, Japan, Australia, South Korea, you know all those countries this targets)
Getting out "clocks cleaned" doesn't seem so bad.
Grab your Friedman... we're rich... rich people spend more money... spending more money means trade deficits...
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Do you know who a $50 billion trade deficit favors? It is not on your list.
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