His promise was (from US, China tentatively agree on ending American trade deficit: White House | Fox News ):
For all of Trump's fire and fury about China trade all we're getting are blue smoke and mirrors....
13 Apr
China's trade surplus with US up nearly 20%
China's trade surplus with the US expanded by 19.4% in the first quarter compared to a year earlier - to $58.25bn.
Official data released on Friday showed China's exports to the US rose 14.8% while imports from the US were up 8.9%.
In monthly terms, China's overall exports fell 2.7% in March compared to a year before - surprising analysts who had forecast a rise of about 10% for the period. The official numbers, calculated in dollar-denominated terms, leave China with a trade deficit for the period for the first time since February last year.
China economy - BBC News
If it weren't for USA China would always have a big trade deficit. Beijing has always had a trade deficit with countries in its own region. The CCP Boyz in Beijing get their overall trade surpluses by shipping merchant fleets of their stuff to USA. Over many long years. It's factual data even Trump could understand if someone put it in his Executive Coloring Book.
A lot of folks say that, even while they're looking at how high unemployment was in 2009 back when the trade deficit shrank big time. This kind of thinking may be a good way to fuss w/ politics but it's no way to earn a living to feed a family.
Better still, let's both think better together and look at what is. In real life we may want to be (as you said) "producing more" but when we try "reducing the trade deficit" like we did in 2009 with China--
Better still, let's both think better together and look at what is. In real life we may want to be (as you said) "producing more" but when we try "reducing the trade deficit" like we did in 2009 with China--
--we ended up producing less. Now, a lot of people say that we can do both --produce more and reduce the trade deficit. For us to believe that this happens in real life we need to actually see it happen in real life. The real life numbers available to all of us--
--and it doesn't work that way.
What we then find out is that these "lot of people" just don't want to work with real life numbers at all. In fact, I'm expecting that folks on this very same thread will either ignore the facts or imagine that the numbers aren't real --just something I made up or got maybe from some evil bad guy conspiracy.
Better still, let's both think better together and look at what is. In real life we may want to be (as you said) "producing more" but when we try "reducing the trade deficit" like we did in 2009 with China--
--we ended up producing less. Now, a lot of people say that we can do both --produce more and reduce the trade deficit. For us to believe that this happens in real life we need to actually see it happen in real life. The real life numbers available to all of us--
--and it doesn't work that way.
What we then find out is that these "lot of people" just don't want to work with real life numbers at all. In fact, I'm expecting that folks on this very same thread will either ignore the facts or imagine that the numbers aren't real --just something I made up or got maybe from some evil bad guy conspiracy.
That sounds a bit off somehow, let's go over the employment levels together. This past quarter employment topped at an all time high to 154,941,000 and employment as a % population finally made it back up to where it was in Jan. 09:
...a lot of people say that we can do both --produce more and reduce the trade deficit. For us to believe that this happens in real life we need to actually see it happen in real life. The real life numbers available to all of us--
--and it doesn't work that way. What we then find out is that these "lot of people" just don't want to work with real life numbers at all...
We're clear w/ each other then.
That's about what all we can expect here.
Thanks, but what we're waiting for here is someone to show when in the past we've ever had both rising production and a falling trade deficit. I'm not saying why it can't happen, I'm not even saying it can't happen. What I'm saying is that nobody here has ever seen it happen even after looking at the historical record of trade deficits and production rates. We don't have to understand why things happen, but when things happen we have got to accept reality on it's own terms.
Of course not, seeing how it's never happened before makes it harder to believe it can ever happen in the future. We're arguing two different points here, you're backing up your position and I'm interested in what's actually going on.
