- Feb 22, 2017
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So, now your claim is that government spending creates jobs? That is a new spin for someone claiming to be a Conservative.
what I said was that when the government spends money on military hardware it creates American jobs, that is 100% correct. However, when government gives money to people for doing nothing that does not create jobs, when the government allows a multi billion trade deficit with China that costs American jobs.
Do you under stand what trade deficit really means? If we have a 50 billion trade deficit with China, it means that in that year 50 billion of American wealth was transferred to China. Think about that over a period of 20 or 30 years.
Yes, I understand that the trade deficit means that we the people have chosen to buy things from China and people like you want the government to tell us what we can and cannot buy and from whom.
What it does not mean is that our "wealth has been transferred" that is just stupid.
that is exactly what it means, in my example China is 50 billion wealthier and the USA is 50 billion poorer. a net of 50 billion of our money has flowed into the Chinese economy. Its quite simple if you have a basic knowledge of economics and money.
I am truly embarrassed for you.
Ok fool, one more time. In any given year (for example) the US buys 500 billion of goods from China and China buys 450 billion of goods from the US. So China is 50 billion better off (50 billion was added to their economy and taken from our economy).
Geez, are you really as dumb as you seem to be?
Good to see you are winning the award for stupidest sheep of the day.