Quote:
Originally Posted by bronco67
As long as he has his trade war, who cares about how much it costs behind the scenes? The trade war is about political optics only because Donald Trump does not care about you, me, spending, deficits, debt etc...and she sure as fuck doesn't care about any farmers. He just wants to make sure he has something to let his mouthbreathing base know he's in there fucking shit up for them.
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Let me explain in as simple language as possible why spending, deficits, debt etc are so bad at the moment.
One of the biggest bills of the US today is welfare. This is looking after all the people who can't get jobs, making sure THEY HAVE ENOUGH MONEY TO LIVE ON. So they don't come marching into your part of town and setting it ablaze.
Another reason for the debt is the huge amount of tax revenue that is flowing out of the US into 3rd world countries in the way of factories, offices, R&D centres, etc. Businesses pay to the country they are based in a huge amount of taxes, like building, employees, fuel, etc. Then there are rents that are no longer being collected. So it's not just employees wages you've lost is a huge amount more.
It's no easy fix but just stopping the haemorrhaging of business to the 3rd world will help, because now China is better than the US at many things they make sothey can sell it world wide. If you believe China, India and the rest of the 3rd world will stop growing now, you believe pigs will fly.
United States is at 107th place with an increase of 2.8%
China at 17th with an Increase of 6.5%
India at 7th with an Increase of 7.0%
https://www.theatlas.com/charts/BJOKD67VG
If you have children, what will they do when they need to earn a living. Their children will be really fucked when it's their time to go find a job. And spending, deficits, debt will be out of control and unless they're one of the few who will be fine.