why does a trade deficate matter

its causing us to go into debt

no

and most of our taxes is for paying interest on that debt

the trade deficate on a private business level

the nation is becoming slaves because of bad trade deals and bad econmic decisions

no, its on a national level

clueless

the US Federal Government does not have to pay anything because of a trade defecate

800 billion in trade deficit affects the national debt, its not private

yes, they do

The US government doesnt import or export anything

this is why democrats shouldn't run anything, and not drive, they aren't competent

all a trade defecate means is that we import more then we export. The Federal government does not export nor import anything directly

also, if you are so worried about debt, which as of right now is fine, then why would you cut taxes and not drastically decrease spending?

https://www.industryweek.com/blog/there-relationship-between-our-trade-deficit-and-our-national-debt

The purpose of this article is to show that there is a relationship between our trade deficits and our national debt.

don't argue with the professor

I took money and banking in college, I have knowledge you don't

@DrPeper If the money continues to circulate, the government gets more total returns in taxes. Economies fail when money quits flowing.

... i know

if you have a trade deficit that means that the government has to cover that trade deficit somehow

but the whole point of conservative economics is that you let private business do the spending. So to do that you decrease taxes, and you decrease government speading

because you dont want debt

Does that cut in government spending include social programs?

typically does

Good. The leftists lazy fucks are sucking us hard working people dry.

the problem with trade defiicits is that it weakens the currency, to offset this it costs extra money

true, but the dollar is in a special place as the reserve currancy of the world so that helps offset it some

staying on the path of massivev trade deficits in the long run will ruin the US economy, its just a matter of time

Trump is the only president addressing this issue

👋

he's a business man, he knows when its a bad deal and US has had a bad deal for awhile now

paris climate accord, bad deal

NAFTA, bad deal

*looks how he went bankrupt 4 times*

Kevin is right. Trade deficits devalue the dollar.

i am not saying a trade deficit is good

i am just saying trump isnt going about it correctly

he's dealing with it in the only way he can, trying to get china to be more fair about it

yeah, by screwing literally everyone over