I truly believe we be better off with Biden on many fronts.Some policy wise and some just on restoring some presidential calm to the picture.Which I think has some importance.
There is just too much Trump ! Trump Trump Trump Tweet Tweet Tweet !
Too much !
Policy wise ; I don't believe in that "Trickle Down" shit.I don't believe that by taxing high earners and corporations a little more that the economy will slow down and crash.And actually the increase put forth by Biden will mostly just restore the rates to previous levels that had done fine for years.
On another front not intended to be confrontational ; If Trump and his China policy is so great with the tariffs and all ; Why is our Trade Deficit at the 3rd highest of all time ? Originally Posted by sportfisherman
That may be the easiest question to answer ever asked. Because for the past few decades, we have been letting China eat our lunch. Trump has been trying for the last few years to change that but change will not come unless a bi-partisan Congress decides to hold China accountable. Does it sound to you like Trump wants our high trade deficit with China to continue or does it sound like he is doing everything he can to reverse what has taken us decades to get to? This isn't something that just happened 4 years ago.
Of course China has cards to play in the short game. Refusing to buy American goods during this time period could increase our trade deficit. So what do we do, give in to their demands or take a short term hit for the long term benefit of reducing our dependence on China?
It may very well hurt for a while. There may disruptions in trade but the point is to slowly cut China out of the equation because that is what will be best for the US and the world in the long run. If we do not change the current dynamic, in the next couple of years China will be the dominate economic and military force in the world and what kind of a position will that put us in? We and the entire Western world will be at their mercy.
Ask yourself if that sounds like a good place to be.
Changing the mistakes we have made for the past few decades might be tough but if we don't, we might as well just let China write the trade policies as they see fit.
This really isn't that hard to understand once you take hatred for Donald Trump out of the equation.