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View Full Version : U.S. Monthly Trade Deficit Spikes to $82.9 Billion - Worst Deficit in U.S. History



DMX7
09-29-2020, 04:49 PM
Trump, the self-proclaimed business genius, pledged the reduce the trade deficit, and instead he sets the record for the worst ever.

That's in addition to the worst ever fiscal national deficit. And the worst COVID infection count and death total in the world.

Tired of winning yet? :lol


The U.S. trade deficit in goods rose 3.5% in August to a record $82.9 billion, reflecting a sluggish rebound in exports that’s weighing on the broader economy and could slow the recovery from the coronavirus pandemic.

Economists polled by MarketWatch has forecast a small decline in the trade gap.

https://www.marketwatch.com/story/us-trade-deficit-in-goods-climbs-35-in-august-to-record-829-billion-2020-09-29

Will Hunting
09-29-2020, 04:49 PM
THE BEST TRADE DEALS!

spurraider21
09-29-2020, 04:50 PM
trade deficits were a made-up issue to begin with. americans are the biggest consumers on the planet. its fully expected we'd have a trade deficit

DMX7
09-29-2020, 04:53 PM
trade deficits were a made-up issue to begin with. americans are the biggest consumers on the planet. its fully expected we'd have a trade deficit

The news is the size of the deficit, not that we simply have one.

spurraider21
09-29-2020, 05:01 PM
The news is the size of the deficit, not that we simply have one.
its not necessarily a bad thing to have an increased trade deficit

i guess the news is that trump was stupid to promise that he would shrink the deficit through protectionist policies which hurt americans, and that despite all that we still have a trade deficit larger than he came in... but like i said, the deficits themselves arent even necessarily harmful. he's just pretty stupid.

ducks
09-29-2020, 05:36 PM
Dude should have not listened to the great dr

baseline bum
09-29-2020, 05:59 PM
Dude should have not listened to the great dr

He doesn't. He listens to the shitbag Birx.

ChumpDumper
09-29-2020, 06:02 PM
He doesn't. He listens to the shitbag Atlas.
Would that he would even listen to the shitbag Birx....

TimDunkem
09-29-2020, 06:02 PM
He doesn't. He listens to the shitbag Birx.
Nah she's been out awhile. It's all about Scott Atlas now.

baseline bum
09-29-2020, 06:05 PM
Nah she's been out awhile. It's all about Scott Atlas now.

He was listening to Birx for a while though when she was giving him all the rosy forecasts back in April.