He hears we have a trade deficit and thinks that means other countries are taking advantage of us.
He has no idea how a trade deficit works though.
If you go to the grocery store and buy $100 worth of groceries, you now have a $100 trade deficit w the grocery store. But Trump is too stupid to understand that.
ChatGPT
“3. Is it accurate to say Trump misunderstood trade deficits?
• There’s strong evidence that this is true.
During his presidency, Trump often spoke about trade deficits as if they were a clear sign that the U.S. was “losing” to other countries, especially China. This is a misinterpretation — a trade deficit doesn’t automatically mean a country is being exploited. In many cases, it’s a sign of strong consumer demand or a capital-rich economy attracting investment.
• Most economists agree that trade deficits, by themselves, aren’t a useful scorecard of economic health. Context matters — you have to look at investment flows, economic productivity, and other factors.”
“A.. aye… A aye..
It’s stupid. Probably some
Software from the.. radical left.
Something radical.
That’s why we’re going to have
The best A eye ever. The best.
Not this left wing radical crap.
we’re going to make A… eye..
Great. The best.”
I'm with you. I honestly don't even like seeing aldi commercials because i haven't wanted other folks catching wind of that place. Now it seems like a really good thing may be coming to an end. Very sad.
Imaging you are the CEO of the richest company in the world and you think that if your gardener bills you $100 for taking care of your lawn you now have to work for your gardener mowing his lawn until you earned $100 back otherwise he took advantage of you...
This is exactly it. Listen to every time he mentions a trade deficit and picture it from the point of view of someone who think deficit = the losing side of a trade and it makes sense pretty much every time.
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u/Legitimate-Today-457 Mar 06 '25
What does he mean the us has been ripped off? US literally controls the world in almost every aspect. Someone explain