Quote:
Originally Posted by classhandicapper
When you are running consistent huge trade deficits you are losing.
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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...