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I am not. Economy majors are in Wall Street “forecasting” when the next downturn is. Oh, what was wrong with what I said? The fact that you had to resort to a non sequitur means you had nothing to say.
I am not. Economy majors are in Wall Street “forecasting” when the next downturn is. Oh, what was wrong with what I said? The fact that you had to resort to a non sequitur means you had nothing to say.
Actually, Dane_in_LA was responding to your drivel that made no sense at all. According to you, Trump should get credit for Ford's decision that was made in 2011 because Trump said at a 2015 debate that if he was President he would force Ford to move the plant. Trump is like the rooster taking credit for the sun rising. I think that the 1996 Olympics should be in Atlanta. Can I take credit for that decision?
Moreover, you espoused some drivel about if trade between the two countries stops, it would be the exporting country that is hurt. Trade is mutually beneficial to the exporter and the importer. That's why the relationship is voluntary. The exporter gains cash and the importer gains that amount of value in goods. The balance sheet is equal.
If trade is cut off, the importer would indeed have money but they wouldn't have the goods they wanted to buy either.
As I said, Dane_in_LA was remarking that your posts made no sense at all -- and was correct.
I'm concerned that you never took Econ 101 at all.
If we cut off trade to Mexico, the companies that sell to Mexico would lose a significant market. A market that other countries would be rushing to fill. Any business person knows how hard it is to get a foothold in a market, how much losing a customer costs a company. What it boils down to is that you are advocating cutting off your nose to spite your face. It's not a good thing.
Oh yeah? Who loses if trade between the two countries stops? They will. To the tune of $50B a year. Actually, I would be itching to stop it. Without lifting a finger,we’ll have $50B in our bank account by the end of the year. But don’t worry, they can’t afford to lose that much money. Oh, and they will pay for the wall too.
Quote:
Originally Posted by HappyRider
Oh, what was wrong with what I said? The fact that you had to resort to a non sequitur means you had nothing to say.
It wasn't a non sequitur, it was mockery.
Because that is not how international trade works. If US-Mexico trade stops, perish the thought, it will not be to the advantage of either party - and the idea that reducing trade deficits means we end up with "more money in our bank account" is one of those attempts at applying household economy terms to national economy. Whose bank account, exactly, are you talking about?
Incidentally, as a percentage of the total US-to-Mexico trade, the deficit is in fact at a very low rate. Oh, and Mexico is not paying for anyone's wall. Seriously.
I'm concerned that you never took Econ 101 at all.
If we cut off trade to Mexico, the companies that sell to Mexico would lose a significant market. A market that other countries would be rushing to fill. Any business person knows how hard it is to get a foothold in a market, how much losing a customer costs a company. What it boils down to is that you are advocating cutting off your nose to spite your face. It's not a good thing.
Nobody said cut off trade with Mexico. My point and Trump’s point is when you are in negotiation with a partner with whom they are getting $50 billion dollars more than you do out of trade who has the leverage? Who is more afraid of the loss? Where is the evidence we have used this leverage ever? You are exactly the kind of patsies that Trump is talking about if you were negotiating.
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