Friday, November 02, 2018

Well Okay Then

I know Trump doesn't know what a trade deficit is. He thinks if the trade deficit is $300 billion that means that other countries are stealing $300 billion from us somehow, and that "bad trade deals" means they get to steal more from us. No I don't quite know how thinks this works.

But even within the Trumpian worldview of trade, this makes no sense.

I do not think decreasing our trade deficit with China while increasing our trade deficit with Malaysia...reduces our trade deficit.