Trump: "I literally just make shit up and it's 180"
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Date: March 15th, 2018 10:43 AM Author: Submissive vibrant point laser beams
From the Economic Report of the President:
Figure 5-6 illustrates the distribution of goods and services balances
across major U.S. trading partners in 2016. All countries show a services surplus offsetting a goods deficit, with the U.S. running a net bilateral surplus only with Canada and the United Kingdom.
https://www.gpo.gov/fdsys/pkg/ERP-2018/pdf/ERP-2018-chapter5.pdf
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610546) |
Date: March 15th, 2018 10:21 AM Author: cerise international law enforcement agency office
Sounds like an Evan39 post
According to the recording, Trump told guests at a fundraising dinner in Missouri: “Trudeau came to see me. He’s a good guy, Justin. He said, ‘No, no, we have no trade deficit with you, we have none. Donald, please.’
“Nice guy, good-looking guy, comes in – ‘Donald we have no trade deficit.’ He’s very proud because everybody else, you know, we’re getting killed … So he’s proud. I said, ‘Wrong Justin, you do.’ I didn’t even know … I had no idea.
“I just said, ‘You’re wrong.’ You know why? Because we’re so stupid … And I thought they were smart.”
Why fire Tillerson now? Unshackled Trump making more unilateral decisions
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Trump went on: “I said, ‘You’re wrong Justin.’ He said, ‘Nope, we have no trade deficit.’ I said, ‘Well, in that case I feel differently,’ I said, ‘but I don’t believe it.’ I sent one of our guys out, his guy, my guy, they went out, I said, ‘Check because I can’t believe it.’ ‘Well, sir, you’re actually right. We have no deficit but that doesn’t include energy and timber … And when you do, we lose $17bn a year.’ It’s incredible
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610452) |
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Date: March 15th, 2018 10:40 AM Author: Submissive vibrant point laser beams
But a different story is told in the recently released 2018 White House "Economic Report of the President" — an annual document prepared by Trump's own team which bears his signature and contradicts a number of trade statements and policies already articulated by him.
One example involves the supposed trade deficit with Canada. Trump keeps insisting it exists, but the document he signed states Canada is among the few countries in the world with whom the U.S. runs a surplus.
The document states: "The United States ran a trade surplus of $2.6 billion with Canada on a balance-of-payments basis."
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610526) |
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Date: March 15th, 2018 10:45 AM Author: Submissive vibrant point laser beams
yes. see here, fig 5 and 6. only if you excllude SERVICES does the US run a deficit with Canada.
https://www.gpo.gov/fdsys/pkg/ERP-2018/pdf/ERP-2018-chapter5.pdf
so if you ONLY count goods like energy and lumber, the US runs a deficit. but if you ALSO include services, the US runs a surplus of $2.6B
"This becomes immediately evident when comparing other countries’
trade balances with their volume of total trade with the United States. In 2016, the United States ran a trade surplus of $2.6 billion with Canada on a balance of-payments basis. "
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610560) |
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Date: March 15th, 2018 10:46 AM Author: Submissive vibrant point laser beams
it's the opposite of what trump said. the US runs a deficit only if you include goods like energy and lumber but exclude services. otherwise it runs a $2.6 billion surplus.
https://www.gpo.gov/fdsys/pkg/ERP-2018/pdf/ERP-2018-chapter5.pdf
trump is full of shit.
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610567) |
Date: March 15th, 2018 10:37 AM Author: soggy stage black woman
So he was right, but for some reason trade deficit technically doesn't include energy or timber? I declare FAKE NEWS.
"Well, sir, you’re actually right. We have no deficit but that doesn’t include energy and timber … And when you do, we lose $17bn a year.’ It’s incredible.”"
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610513) |
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Date: March 15th, 2018 10:56 AM Author: Bronze painfully honest stag film
The article is claiming Trump’s “lie” was that, when he told the Canadian PM that we had a trade deficit, he wasn’t actually sure if that’s the case. He just made an educated guess since we have trade deficits with everyone.
Trump is bragging because he said, after the fact, his guys looked it up and he was right. It’s only a surplus when you exclude energy and timber, which makes no sense to exclude unless you are trying to juke the stats.
Since Trump was ultimately correct, he did not lie, and this article is fake news. And the libs here are low IQ not to understand this.
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610619) |
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Date: March 15th, 2018 11:04 AM Author: Submissive vibrant point laser beams
He's a deranged gay man who couldn't hack it in the US, probably HIV positive and living with AIDS Dementia Complex.
The President's own economic report highlights the OVERALL balance of trade, not just the goods or services balance alone. Why? Because if you want to measure the net inflow or outflow of total dollars into or out of a country (which is what we care about), you need to measure everything that is exchanged for those dollars.
"This becomes immediately evident when comparing other countries’ trade balances with their volume of total trade with the United States. In 2016, the United States ran a trade surplus of $2.6 billion with Canada on a balance-of-payments basis. "
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610665) |
Date: March 15th, 2018 11:03 AM Author: vermilion stead
Both countries claim a surplus:
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGSzcBn7WYiQ/v1/800x-1.png
https://www.bloomberg.com/news/articles/2017-12-12/trump-may-actually-be-right-about-the-trade-deficit-with-canada
"For example, it could be argued Canada’s statistics agency is overstating exports. Canadian businesses often import goods from third countries such as China only to re-export those goods to the American market. Statistics Canada records that as a Canadian export; the U.S. data would record that as an import from China, not Canada.
In other instances however, the U.S. data may be failing to capture some Canada exports, particularly services that are much more difficult to measure than goods. The Statistics Canada data show a much larger number -- in the order of $15 billion a year -- in Canadian service exports to the U.S. than is captured by the American numbers. While statisticians aren’t sure exactly why, one explanation may be that U.S. firms with operations in Canada aren’t reporting their foreign costs as service imports."
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610662)
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Date: March 15th, 2018 11:25 AM Author: Charismatic deer antler ladyboy
No one seems to notice the sick neg he got on Trudeau
“I just said, ‘You’re wrong.’ You know why? Because we’re so stupid … And I thought they were smart. [If we really are running a surplus, then YOU are stupid.]"
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610826) |
Date: March 15th, 2018 11:33 AM Author: mint pervert mood
I think you guys are missing the point of the thread. Who cares whether he was ACCIDENTALLY right or wrong. It's just funny as hell the the President makes shit up and hopes it turns out to be right. I think he's retarded but can admit this is pretty funny and seems to work for him.
Trump: Making shit up and just letting it do since 10 years old; becomes billionaire and president.
You: Checking citation for the fifth time before sending a brief; in debt and pathetically subservient to fat balding law firm partner.
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610892) |
Date: March 15th, 2018 2:18 PM Author: Big Hospital Toilet Seat
“Nice guy, good-looking guy, comes in – ‘Donald we have no trade deficit.’ He’s very proud because everybody else, you know, we’re getting killed … So he’s proud. I said, ‘Wrong Justin, you do.’ I didn’t even know … I had no idea.
“I just said, ‘You’re wrong.’ You know why? Because we’re so stupid … And I thought they were smart.”
Why fire Tillerson now? Unshackled Trump making more unilateral decisions
Read more
Trump went on: “I said, ‘You’re wrong Justin.’ He said, ‘Nope, we have no trade deficit.’ I said, ‘Well, in that case I feel differently,’ I said, ‘but I don’t believe it.’ I sent one of our guys out, his guy, my guy, they went out, I said, ‘Check because I can’t believe it.’ ‘Well, sir, you’re actually right. We have no deficit but that doesn’t include energy and timber … And when you do, we lose $17bn a year.’ It’s incredible.”
Holy fuck Donald Trump
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612066) |
Date: March 16th, 2018 3:48 AM Author: Bright Skinny Woman
So, Justin knowingly lied to get unfair trade terms with America and Trump intuitively caught him.
Media earning public trust yet again.
(http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617481) |
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