JackLuis
Literotica Guru
- Joined
- Sep 21, 2008
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Trump said big trade deficits proved our leaders were dumb – now he’s got the biggest one in US history
https://www.rawstory.com/wp-content/uploads/2019/01/donald-trump-5-300x161.jpg
Up 77% over last year! That's called Failing Biggley!
https://www.rawstory.com/wp-content/uploads/2019/01/donald-trump-5-300x161.jpg
As you may have guessed, the Commerce Department announced this week that the US posted an $891.2 billion trade deficit in goods last year, which was, according to WaPo, “the largest in the nation’s 243-year history despite more than two years of President Trump’s ‘America First’ policies.” (The overall deficit, at $621 billion, was somewhat smaller because we had a surplus in services, but it was still the biggest the US has run since 2008.) And as Philip Bump pointed out, while our trade gaps with some countries have narrowed, our deficits with China and Mexico, Trump’s bogeymen on the campaign trail, have actually expanded “dramatically” on his watch.
Oh well — he probably did as well as an intellectually challenged reality TV star could reasonably have been expected to.
Up 77% over last year! That's called Failing Biggley!
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