transporter
Well-Known Member
U.S. International Trade in Goods and Services, December 2018
Highest trade deficit in 10 years. MAGA!! MAGA!!!
So...this is exactly what should be happening based on the policies of this administration. Any good economist will tell you that...oh....they have been. The good ones just aren't on Fox "News" or daily caller or townhall or redstate, etc. Unless Trump erases the budget deficit and pushes the value of the dollar down...the trade deficit is going to be high.
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.8 billion in December, up $9.5 billion from $50.3 billion in November, revised.
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For 2018, the goods and services deficit increased $68.8 billion, or 12.5 percent, from 2017.
Highest trade deficit in 10 years. MAGA!! MAGA!!!
So...this is exactly what should be happening based on the policies of this administration. Any good economist will tell you that...oh....they have been. The good ones just aren't on Fox "News" or daily caller or townhall or redstate, etc. Unless Trump erases the budget deficit and pushes the value of the dollar down...the trade deficit is going to be high.