Quote:
Originally Posted by whell
We don't necessarily "loose money". What we do have is increased debt when an economy imports more than it exports. It also causes over time a loss of jobs, an off-shoring of the expertise necessary to make some products and a reduction in the standard of living. Sound familiar?
Instead of just accepting something and calling it "the new normal", it makes sense to try and address it / improve it.
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The point isn't the economics, which includes good effects as well, and may or may not involve increased debt. The point is what Trump believes, and he believes trade is a zero-sum conflict, and you're LOSING if you have a deficit.