A trade deficit is not a subsidy.Posted By Rod Kaufman |
Stop with the Trump Derangement Syndrome, will ya!? I mean with the fine upstanding Republican representative who was advancing this piece of legislation:Originally Posted by David CotterellIt would be nice if Mr. Trump, when he is complaining about Canada, would understand that the "subsidy" being paid to Canada is not at all a subsidy. It is a trade deficit. As in the USA buys more stuff from Canada than Canada buys from the USA, to the tune of 60 or 200 billion dollars (amount in dispute). It's not a subsidy because, for your 60 or 200 billion dollars you receive that amount of goods, products, and raw materials in return. Such a deficit is not at all surprising since we only have 1/10 the purchasing power that the US does due to our much smaller population.
And, while I am here, the 250% dairy Tariff is a marginal tariff which only kicks in if the US exceeds a negotiated, agreed-upon limit of dairy products into Canada. Below that level? No tariff...Free trade.
Dave
"The legislation would classify “Trump derangement syndrome” as a mental illness in the state statute, ostensibly meant as a dig at President Donald Trump’s critics."
BUT, "Republican behind ‘Trump derangement syndrome’ bill resigns after criminal charge"
"Minnesota state Sen. Justin Eichorn was arrested on charges of trying to meet up with an officer who posed as a 17-year-old girl."
https://www.msnbc.com/top-stories/latest/trump-derangement-syndrome-minnesota-gop-justin-eichorn-rcna197062
I guess we know who has the "derangement" syndrome but, he is innocent until proven guilty:'