TheOther
31 Aug 2018 #871
What ? Paying back debt is not important ?
You wouldn't recognize sarcasm when it hit you in the face, dude. When was the last time that the USA had no debt? At the moment we are not paying down what we owe, we only pay interest. Why do we have debt? Because we spend more than we earn. That's fourth grade. Too academic for you Trumpskis, I guess.
You also refuse to look at other modern societies like Japan and Germany that enjoy huge trade surpluses.
Don't deflect just because you refuse to acknowledge the point I'm making. Look up what a trade deficit is and then tell me why the US has one. We buy more from others than they buy from us. Simple as that. Why don't they buy more from us? Answer that for yourself. Just imagine: the tiny nation of Germany was the global export champion just a few years ago. Their secret? Germans manufacture stuff that other nations want and their factories are to a large extent still in the country. Mostly smaller to medium size companies which are not driven and controlled by the ridiculous shareholder value sh*it that ruins us here at home.
Now for the third time, you tell Rich how you would cure the trade deficit.
If you haven't managed to understand it by now, then I won't waste my time with you any longer.
