China says its 2018 trade surplus with the US was the highest in more than a decade

LV426 said:
OK, who is actualyl seeing that growth?

Not the 90% of workers whose real wages are flat or declining.

Not those with assets tied up in the market, which is lower than it was pre-Russia Tax Cut.

Not the farmers who needed a $12B bailout.

Not the 5 million people who lost health insurance.

Not the housing market, which is down.

So who is seeing 3% growth, really?




If you subtract the wage gains for the top 1% out of this, what does the wage picture look like for most workers? Shitty.

Going back to October, we saw wages grow 3/1%, however wages for the top 1% grew by 3.7%, which means wages for the bottom 90% of workers grew at a pace equal to, or slower than inflation.

By this time next year, we will be in a recession.

That's when you'll float your lifeboat, but it'll be burned.
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LV426 said:
You said that raising tariffs would reduce the trade deficit, yet the opposite happened.

So at what point do we say Conservatives are just making it up as they go, and should be ignored in the conversation?
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LV426 said:
We've never actually debated the economy because you refuse to accept the present facts, and you deliberately withhold exculpatory information and evidence.
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You don't fix a trade deficit with tariffs. <------- That's a PERIOD RIGHT THERE!

How you fix trade deficits is with good ole American Competition. <----------- That's another PERIOD right there!

So either handle the heat- OR STAY OUT THE FUCKING KITCHEN!
 
anatta said:
your prognostications fly in the face of economic reality.
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Back before the Russia Tax Cut started, you all predicted it would raise wages by $4,000-$9,000 (it didn't), that the market would grow (it didn't), and that companies would keep jobs here (they didn't).

So you're 0-3.
 
LV426 said:
"very small"?

How much?

Why do I get the sense you're just making this shit up as you go because you can't explain the policy you support?
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i'd have to look it up. but it depends 0n the severity and scope.
It's not to be ignored -maybe a couple .01 or so percentage points

so our 3.+% GDP growth last year ( waiting for final figures) are down a bit by balance of payment and the fact tariffs are supposed to slow trade ( which doesn't seem to be happening either)
 
LV426 said:
It's posts like these that come back to haunt you, and completely undermine any argument you make on the subject.
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Like these? Dunce.

LV426 said:
I think Cruz is toast.
People just hate him and his stupid, smug face.
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LV426 said:
No we're not for the simple fact that Q3 and Q4 output is going to be much lower thanks to rushing to get exports out in Q2, ahead of the tariffs.
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anatta said:
It's not to be ignored -maybe a couple .01 or so percentage points
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According to economists, the Trump tariffs added an entire point of GDP in Q2 because of businesses flooding the market with exports ahead of the tariffs.

Now, we are seeing companies reporting Q4 profits and revenues way down thanks to those tariffs.

You all said that if we cut the corporate tax rate, none of this would happen.

You were wrong.
 
LV426 said:
Back before the Russia Tax Cut started, you all predicted it would raise wages by $4,000-$9,000 (it didn't), that the market would grow (it didn't), and that companies would keep jobs here (they didn't).

So you're 0-3.
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have you SEEN the job growth? apparently not!
anyone putting actual numbers on wage growth before it happens is just crystal balling it

we are getting excellent job growth across all sectors /record low unemployment and AT THE SAME TIME
raising interest rates!
That is outstanding any way you look at it
 
Adolf_Twitler said:
You don't fix a trade deficit with tariffs. <------- That's a PERIOD RIGHT THERE!

How you fix trade deficits is with good ole American Competition. <----------- That's another PERIOD right there!

So either handle the heat- OR STAY OUT THE FUCKING KITCHEN!
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Dear idiot; you don't do one sided trade deals where our products are slapped with tariffs and theirs can come in free and clear. I do wish you had a brain and weren't a leftist liar.
 
anatta said:
so our 3.+% GDP growth last year ( waiting for final figures) are down a bit by balance of payment and the fact tariffs are supposed to slow trade ( which doesn't seem to be happening either)
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Wrong.

It's actually up artificially because an entire point of GDP growth in Q2 is attributed to a rush of production and exports.
 
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