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re: October trade data in: biggest monthly trade deficit in over 10 years
Posted on 12/6/18 at 9:06 am to 90proofprofessional
Posted on 12/6/18 at 9:06 am to 90proofprofessional
That’s because we have more money to buy shite with.
1
Posted on 12/6/18 at 9:09 am to 90proofprofessional
I assume they don't like your trolling style.
Try starting a help board thread to voice your complaints there. I'll post in it in support.
Try starting a help board thread to voice your complaints there. I'll post in it in support.
Posted on 12/6/18 at 9:11 am to roadGator
i remember a thread titled something like 'trump buttfricks stormy again'
that lasted longer than 3 minutes, unlike mine, which was mild AF
but if you ain't it, i don't wish to talk about that any more. either the thread dies from being avoided, or keeps going based on the actual subject
that lasted longer than 3 minutes, unlike mine, which was mild AF
but if you ain't it, i don't wish to talk about that any more. either the thread dies from being avoided, or keeps going based on the actual subject
This post was edited on 12/6/18 at 9:13 am
Posted on 12/6/18 at 9:12 am to RogerTheShrubber
But we got a much bigger tax cut so we're still winning!
Posted on 12/6/18 at 9:13 am to 90proofprofessional
Help board
Posted on 12/6/18 at 9:14 am to SnukaD
quote:
But we got a much bigger tax cut so we're still winning!
Im very happy with the tax cuts and regulatory cuts, but the tariffs are working against those gains. It makes no sense.
Posted on 12/6/18 at 9:15 am to 90proofprofessional
quote:
nm, i missed that you changed the title as well
Talking to yourself
quote:
like 'trump buttfricks stormy again'
Was that not true?
This post was edited on 12/6/18 at 9:16 am
Posted on 12/6/18 at 9:20 am to tigeraddict
quote:
Everyone trying to beat the tariff start date and orders processed early, meaning post tariff months will show lower imports?
Dollar is still very strong, and the U.S. economy is doing well while most of the world is faltering.
People have this strange - and demonstrably wrong - zero-sum idea that trade deficits are inherently a bad thing.
The way trade deficits are currently calculated makes them pretty useless, anyway.
Posted on 12/6/18 at 9:27 am to SlapahoeTribe
More money, better economy, and purchases to stock for the holidays
Posted on 12/6/18 at 9:28 am to 90proofprofessional
Weird. Tariffs are really fricking over imports.
Wait.
Wait.
Posted on 12/6/18 at 9:30 am to the808bass
quote:
Tariffs are really fricking over imports
mostly by making them more expensive, apparently
Posted on 12/6/18 at 9:31 am to 90proofprofessional
quote:
90proofMoron
FIFY
Ask Chicken to hook you up.
Posted on 12/6/18 at 9:32 am to the808bass
For those actually interested in the economic story behind this...
As interest rates and the perception of FED movements towards tightening increase so does the dollar.
As the dollar increases our ability to buy foreign goods increases, our ability to sell in the world market decreases.
This is the primary fact driving this trend with the monthly fluctuations also being explained by one-off industry scenarios (e.g. Boeing in August).
If you're getting this information from an economic based site you're hearing this. If you're getting it from a political driven site ORANGE MAN BAD.
As interest rates and the perception of FED movements towards tightening increase so does the dollar.
As the dollar increases our ability to buy foreign goods increases, our ability to sell in the world market decreases.
This is the primary fact driving this trend with the monthly fluctuations also being explained by one-off industry scenarios (e.g. Boeing in August).
If you're getting this information from an economic based site you're hearing this. If you're getting it from a political driven site ORANGE MAN BAD.
Posted on 12/6/18 at 9:34 am to 90proofprofessional
Now calculate the deficit with tariff revenue added in
Posted on 12/6/18 at 9:35 am to AuburnTigers
quote:
Now calculate the deficit with tariff revenue added in
Posted on 12/6/18 at 9:36 am to Vacherie Saint
quote:
No matter what happens...good, bad, or somewhere in between, he will come here and complain about it.
this is decisively the opposite of what trump promised with his tariffs. This should be bad news for trump fans but I doubt they lack the intellectual honesty to roast him for this.
Posted on 12/6/18 at 9:38 am to brian_wilson
also worth noting that i'm not complaining
that's just one thing posters like that say when they just don't want to be confronted with such news
i'm usually complaining and cheering at the same time according to the responses
that's just one thing posters like that say when they just don't want to be confronted with such news
i'm usually complaining and cheering at the same time according to the responses
This post was edited on 12/6/18 at 9:39 am
Posted on 12/6/18 at 9:43 am to brian_wilson
quote:
lack the intellectual honesty
Pot meet kettle.
The fact that you and 90proof claim superior intellectual understanding on all things trade yet continue to hammer "trade, tariffs, Trump" as the talking point driving the trade deficit is the definition of intellectual ignorance.
The direction of the trade deficit is not surprising; the fact that tariffs aren't causing the trade deficit to reverse is not surprising.
Why? Because, and I know this is going to be difficult for you to comprehend, trade is not the only factor in the trade deficit.
The trade deficit is influenced by many other factors, including the value of the dollar, the net inflow of foreign investment, total domestic savings, and the federal budget deficit, to name the obvious suspects.
The federal government imposed new tariffs, which would have pushed down the trade deficit and the dollar. But other factors exerted upward pressure on the currency. A trade war and deteriorating prospects for the world economy made the American economy relatively more attractive (the dollar is considered a refuge value).
The increasing federal deficit attracted more savings to America. On balance, the dollar increased, pushing imports up (in conjunction with the brisk pace of the American economy), exports down (in conjunction with foreign retaliation), and the trade deficit up.
Tariffs don’t determine the trade deficit
/Thread
Please feel free to copy and paste this anytime you see 90proof post anything about this but we can all just assume they lack not only the intellectual ability to understand what I wrote but the educational background to understand it as well. My explanation is not perfect but it is brief, simple and concise and I assure you it is accurate and shows 90proof is a know nothing no talent arse clown out of his depths.
This post was edited on 12/6/18 at 9:47 am
Posted on 12/6/18 at 9:45 am to AbuTheMonkey
quote:
People have this strange - and demonstrably wrong - zero-sum idea that trade deficits are inherently a bad thing.
The way trade deficits are currently calculated makes them pretty useless, anyway.
Right.
Posted on 12/6/18 at 9:45 am to AuburnTigers
quote:
Now calculate the deficit with tariff revenue added in
Seriously? Did you even bother to look up how much revenue tariffs raise for the federal government each year?
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