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re: No wonder we are still mesmerized by the brilliance of POTUS Trump - It's 8D GO he plays

Posted on 5/16/24 at 9:10 pm to
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
2465 posts
Posted on 5/16/24 at 9:10 pm to
Again, at the time our trade deficit was bad with Japan. Now it is other countries. Some things change (countries). Some remain the same (trade deficits). It is pretty simple Adam.
Posted by Adam Banks
District 5
Member since Sep 2009
32071 posts
Posted on 5/16/24 at 9:23 pm to
quote:

Again, at the time our trade deficit was bad with Japan.



And their booming economy went into the tank for 40 years


quote:

Now it is other countries. Some things change (countries). Some remain the same (trade deficits).



Maybe the fallacy is believing that a trade deficit has bearing on the long term economic health of the nation. The us and the Japanese economy went in different directions almost immediately after this clip. And it’s NOT because we did what Trump advocated for


He was wrong 40 years ago but now he’s right 40 years later saying the same thing about a different country?


Many of the same issues that Japan dealt with are present for China.
This post was edited on 5/16/24 at 9:25 pm
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