runrussellrun wrote:Not really interested in who's right or wrong, but all I know is the "new" NAFTA deal is unknown. Since all NAFTA correspondence is deemed classified, no one knows the actual text of the new NAFTA deal. I can't seem to find it anyway, just dribs and drabs that are disiminated to the press. Do have a link as to where I can read the details?
Nope. Which is another reason why I wrote that you don't know what's in it....I don't either! No one does! But Trump fans know it's awesome, of course....and that's the part I'm making fun of here.
runrussellrun wrote:What I do know is tariffs of protection isn't all black and white. And, it's not clear to me how tariffs apply to our nations budget and spending, borrowing.
Sounds to me like you're a moderate. The one single thing that Republicans have been selling----not practicing, but selling----is to get government(s) out of the way, and always prefer more freedom to more government control. Which it's why it's so funny to watch Republicans cheer this deal on....because the one part that has been released is that MX/US car companies will have to buy even more auto components from NAFTA countries, blocking other countries from competing fairly, and driving prices up for end consumers. This, if you don't know, is a wholly liberal way of handling trade: protect union jobs from competition, thereby driving up costs for cars for the end user. It's a form of subsidy, and the antithesis of Republican economic theory since Unions were at their height of power.
So funny part, obviously, is that if this is what Republican voters wanted, they should have said as much. Obama, the Dems, and the car unions he bailed out would have LOVED more protectionism. Trump has guys like Bandito so turned around that he could get them to agree to almost anything....it's quite the thing to witness.
runrussellrun wrote:It's also not clear as to why you ignore the inheritance, so easy to make it grow, when data shows it's not........discussion
The data shows what it looks like when idiots get their hands on tens of millions of dollars. All you need to do is drop it in a mix of index funds and TBills, and live off a portion of the interest. Boom. Done. This is not complex math. But these heirs don't do that....they live above their means, and eventually run out of money.