Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Sunday, April 6, 2025

The Future's So Dark, I Gotta Wear Shades

 

Look, I have to retire some time, eventually, and I'm in my 50's, so I'm not grave-dancing over here about what tomorrow is going to bring. The whole election, despite what people were saying about Trump being a felon and a sex-pest and a danger to democracy had also an undercurrent of "This is a whole damn pudding-brained sociopath who will set the country on fire for giggles," but you what? Bygones. Let's just say some people out there chalked all of that up to Trump Derangement Syndrome and didn't want to believe the motherfucker was crazy.

But here's the SOB now:


Is everyone starting to get it? 

The financial deficits he's talking about is just a trade deficit.  We have a trade deficit with Madagascar. They sell basically vanilla. We have bakeries and ice cream factories and whatnot. They have people who are too poor to buy US goods. That's a trade deficit. Botswana sells diamonds. Same deal--we have jewelers and people buy engagement rings and so forth. They don't have the kind of incomes to be buying a lot of US goods. 

It just is what it is. Not everyone is going to be giving us a trade surplus--to think it can be so is just crazy and what you get when you don't know geography, or how anything but particularly trade works--you trade for shit you can't make or get easily. If I'm a pumpkin farmer, I don't want someone else's pumpkins--I want something I don't have. How is this hard to get? 

TWGB: It's Raining Shoes!

  It certainly has been a minute, hasn't it? So, what brings me out of self-imposed blogging exile, if not something very relevant to my...