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  #521  
Old 07-28-2018, 03:47 PM
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whell whell is offline
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Quote:
Originally Posted by Chicks View Post
Donny totally caved on his idiotic EU tariff threat, after they 'splained things to him on nice colorful cards. His understanding of complex issues is non existent, so he can be talked into or out of any of his ridiculous ideas with cue cards and flattery. A complete moron.
Really? This doesn't sound like a "cave". It sounds like a win-win.

Donald Trump and European Union officials on Wednesday stepped back from a trade war as they struck a deal to work towards “zero” tariffs, barriers and subsidies.

The EU also agreed to buy billions of dollars worth of American exports, including soya beans and natural gas, and work to reform international trade rules.


https://www.theguardian.com/us-news/...ro-tariff-deal

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Striking a conciliatory note, he (Junker) said: “We agree with President Trump that there is a lot that needs to change. There is global over-capacity in the steel sector that continues to harm our workers.”

The US and EU must cooperate to “rewrite” the rules, he added, not tear up the rule book.
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  #522  
Old 07-28-2018, 05:37 PM
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finnbow finnbow is offline
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Originally Posted by whell View Post
Really? This doesn't sound like a "cave". It sounds like a win-win.
Your Dear Leader has no concept of win-win. To him, everything, including trade, is a zero-sum game.
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  #523  
Old 07-28-2018, 06:38 PM
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whell whell is offline
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Originally Posted by finnbow View Post
Your Dear Leader has no concept of win-win. To him, everything, including trade, is a zero-sum game.
Right. And you know this how?
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  #524  
Old 07-28-2018, 07:28 PM
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donquixote99 donquixote99 is offline
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Otherwise he would not speak of nations and regions 'clobbering us' on trade. He's thinks we lose money if we run a 'trade deficit' with someone, which is just silly.
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  #525  
Old 07-28-2018, 07:32 PM
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finnbow finnbow is offline
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Originally Posted by whell View Post
Right. And you know this how?
I amazed that you're too blinded by TrumpLove to see it.
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  #526  
Old 07-28-2018, 08:31 PM
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whell whell is offline
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Originally Posted by finnbow View Post
I amazed that you're too blinded by TrumpLove to see it.
Or it could be that you've got too much hate in your eyes to see anything else.
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  #527  
Old 07-28-2018, 08:37 PM
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whell whell is offline
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Originally Posted by donquixote99 View Post
Otherwise he would not speak of nations and regions 'clobbering us' on trade. He's thinks we lose money if we run a 'trade deficit' with someone, which is just silly.
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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  #528  
Old 07-29-2018, 05:59 AM
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donquixote99 donquixote99 is offline
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Originally Posted by whell View Post
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.

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.
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  #529  
Old 07-29-2018, 06:58 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by whell View Post
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.
You, like your idiotic Dear Leader, don't know the difference between a trade deficit and a budget deficit. Every post you make on matters economic should how little you truly understand it.
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Last edited by finnbow; 07-29-2018 at 09:28 AM.
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  #530  
Old 07-29-2018, 09:30 AM
Chicks Chicks is offline
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Originally Posted by whell View Post
Really? This doesn't sound like a "cave". It sounds like a win-win.
Really? And what does this sound like? A “stable genius”?

Donald J. Trump
@realDonaldTrump
I would be willing to “shut down” government if the Democrats do not give us the votes for Border Security, which includes the Wall! Must get rid of Lottery, Catch & Release etc. and finally go to system of Immigration based on MERIT! We need great people coming into our Country!
6:13 AM · Jul 29, 2018
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