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Old 06-10-2018, 10:56 AM
Chicks Chicks is offline
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Join Date: Mar 2017
Posts: 13,356
Quote:
Originally Posted by Dondilion View Post
Absence of a third world war is mainly due to MAD.

The people who pushed for out sourcing were seeking the cheapest labor possible.

There are angry people all over America (not only in the Rust Belt) who observe our competitors for years not playing fairly. A big example of one such competitor is China.
The trade deficit with that country is now $375 billion. WTF! Furthermore said country is seen gearing up to be a hostile and fearsome competitor.

American workers are often asked to compete against those in areas which have minimalist standards. It is the era of the NWO which additionally push for open borders -- a way for uncontrollable influx of mainly cheap labor.

Trump inherited a bad scene (America in the negative with almost every major trader) and cannot do worst than the previous admins.
You’re buying into the Trumpie’s propaganda. Here’s a good overview, from the libertarian Cato Institute, about the myths that politicians push on unsuspecting voters over trade deficits.

https://www.cato.org/publications/co...-trade-deficit

Quote:
Misunderstanding of the trade deficit threatens to undermine the freedom to trade by encouraging faulty and damaging “solutions” to a problem that does not exist. Any attempt to fix the trade deficit through protectionism, export subsidies, or currency manipulation is bound to fail because none of those tools of intervention addresses the underlying causes of the trade deficit. The trade deficit will respond only to changes in a nation’s net flow of foreign investment, which in turn is determined by its underlying rates of savings and investment.
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Last edited by Chicks; 06-10-2018 at 10:58 AM.
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