EricHiggin on 11 March 2019
SpokenTruth said:
EricHiggin said:
https://www.cfr.org/backgrounder/us-trade-deficit-how-much-does-it-matter
The first portion explains it in a nutshell. Some economists think it's bad, some think it's good, some think it should be balanced. Overall it's fine unless it swings to far in either direction. Since it's tied into many things, like imports, exports, savings and investment rates, spending, etc, as long as it all matches up in the end is all that matters. When it all doesn't, that's when you have problems. Pointing out only trade is like pointing out only negatives without taking everything into account.
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Then you can use trade deals with Mexico as a way to say Mexico is going to pay for it.
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If the wall ever actually gets fully built, as intended, Mexico is going to pay for it in many ways indirectly over time. The U.S. will pay directly up front.
Pemalite said:
EricHiggin said:
Well the funds aren't guaranteed as of yet so depending on how much they can get, if any above the small amount from the budget, will determine what kind of structure and what dimensions it can be. Trying to build a home with 10 grand will get you a shack and an outhouse.
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The USA has a 20~ Trillion dollar economy and is addicted to debt. I am sure where there is a will, there is a way.
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Knowing the U.S. and Canadian Gov mentality, it wouldn't be a surprise whatsoever, if Trump wins in 2020, for him to get 50bil for the wall next time and then tear down the 8bil wall that just got built and replace it.
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