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Respectfully, have you confused 'trade deficit' and 'budget deficit' similar to Trump? Being a net importer is not the same as having the governments outlays ex
by laughingcurve 1y ago
Respectfully, have you confused 'trade deficit' and 'budget deficit' similar to Trump? Being a net importer is not the same as having the governments outlays exceed it's inlays.
Conservatives rightly used to be concerned about budget deficits -- but trade deficits are entirely different. Just because they share the same word does not necessarily mean they are the same indicator.
I would be happy to see America as a net exporter, but I genuinely have to ask ... what is it that America - the richest country in the world - is going to make that other people want regularly aside from mass agriculture, specialized services, and advanced manufacturing??
Our domestic manufacturing base is thankfully not geared to produce a bunch of plastic crap to try to compete with China. And if you want to onshore critical supply chains -- great -- but again that has nothing to do with the idea of a trade deficit.
Genuinely looking for a thoughtful engagement here
- watwut 1y agoIf conservatives worried about budget deficits, they would make them smaller. As it happens, budget deficits go up under conservative governments more then under democratic ones. It just so happen that tax breaks and military cost much more money then what they pretend save.
- dragonwriter 1y ago> Conservatives rightly used to be concerned about budget deficits Consevratives used to (and still do) talk about budget deficits to derail conversations about programs they are opposed to but which are too popular to directly attack, but—then and now—continued to run up massive deficits on their own priorities, including shifting tax burden off of their wealthy benefactors.