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	<title>Comments on: Bad News For Trump On Trade Deficit</title>
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	<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/</link>
	<description>Reality-based political commentary</description>
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		<title>By: Kick</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131949</link>
		<dc:creator>Kick</dc:creator>
		<pubDate>Fri, 08 Mar 2019 07:33:10 +0000</pubDate>
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		<description>JL
10

&lt;i&gt;was that really necessary? &lt;/i&gt;

I will concede that it was as necessary as the DH joke.

&lt;i&gt;i know don makes himself an easy target, but not as easy as pie. &lt;/i&gt;

You deign to denigrate pie in such a fashion? Pfffffffffftt ;)</description>
		<content:encoded><![CDATA[<p>JL<br />
10</p>
<p><i>was that really necessary? </i></p>
<p>I will concede that it was as necessary as the DH joke.</p>
<p><i>i know don makes himself an easy target, but not as easy as pie. </i></p>
<p>You deign to denigrate pie in such a fashion? Pfffffffffftt ;)</p>
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		<title>By: nypoet22</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131938</link>
		<dc:creator>nypoet22</dc:creator>
		<pubDate>Fri, 08 Mar 2019 04:56:35 +0000</pubDate>
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		<description>was that really necessary? i know don makes himself an easy target, but not as easy as pie.</description>
		<content:encoded><![CDATA[<p>was that really necessary? i know don makes himself an easy target, but not as easy as pie.</p>
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		<title>By: Kick</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131931</link>
		<dc:creator>Kick</dc:creator>
		<pubDate>Fri, 08 Mar 2019 01:13:23 +0000</pubDate>
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		<description>DH
8

&lt;i&gt;A sudden withdrawal oftens happens when the condom breaks, but by then it&#039;s usually too late. &lt;/i&gt;

Thank you for that spellbinding recitation of the genesis of your poor pathetic existence. #TMI</description>
		<content:encoded><![CDATA[<p>DH<br />
8</p>
<p><i>A sudden withdrawal oftens happens when the condom breaks, but by then it's usually too late. </i></p>
<p>Thank you for that spellbinding recitation of the genesis of your poor pathetic existence. #TMI</p>
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		<title>By: Paula</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131925</link>
		<dc:creator>Paula</dc:creator>
		<pubDate>Thu, 07 Mar 2019 22:43:14 +0000</pubDate>
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		<description>[6] This morning VOX had a long interview with Sherrod  Brown about his platform. A few hours later we hear he&#039;s not running. It made me wonder if something happened - no idea what. But it was such a sudden withdrawal.</description>
		<content:encoded><![CDATA[<p>[6] This morning VOX had a long interview with Sherrod  Brown about his platform. A few hours later we hear he's not running. It made me wonder if something happened - no idea what. But it was such a sudden withdrawal.</p>
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		<title>By: Balthasar</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131920</link>
		<dc:creator>Balthasar</dc:creator>
		<pubDate>Thu, 07 Mar 2019 20:24:47 +0000</pubDate>
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		<description>Too bad. Brown had a chance, I really think so.

Well, there goes one.</description>
		<content:encoded><![CDATA[<p>Too bad. Brown had a chance, I really think so.</p>
<p>Well, there goes one.</p>
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		<title>By: Paula</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131918</link>
		<dc:creator>Paula</dc:creator>
		<pubDate>Thu, 07 Mar 2019 17:44:15 +0000</pubDate>
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		<description>Sherrod Brown not running. Read it in my hometown paper first - now on MSNBC.</description>
		<content:encoded><![CDATA[<p>Sherrod Brown not running. Read it in my hometown paper first - now on MSNBC.</p>
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		<title>By: C. R. Stucki</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131908</link>
		<dc:creator>C. R. Stucki</dc:creator>
		<pubDate>Thu, 07 Mar 2019 03:29:05 +0000</pubDate>
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		<description>Trump isn&#039;t the only one too dumb to understand the economics of foreign trade.  Exporting more than you import used to be called a &quot;favorable&quot; balance of trade beause it resulted in an increase in the national gold horde in Ft. Knox.  Of course, it also meant that you had less goods to consume than you would have otherwise had, which lowers your standard of living.

Conversely, when you imported more than you exported, your national gold horde decreased, but you had more goods to consume than you would otherwise have had, which raises your standard of living.

These days, the traditional terminology still exists, but no gold ever changes hands.  We now pay for the excess of imports over exports with little pieces of green paper (dollars), which cost nothing to produce, meaning we have all those low-cost Chinese manufactured goods to raise our standard of living damn near free.

It&#039;s hard to see why an import surplus is still considered &quot;unfavorable&quot;, but the idiot-in-chief still thinks so.</description>
		<content:encoded><![CDATA[<p>Trump isn't the only one too dumb to understand the economics of foreign trade.  Exporting more than you import used to be called a "favorable" balance of trade beause it resulted in an increase in the national gold horde in Ft. Knox.  Of course, it also meant that you had less goods to consume than you would have otherwise had, which lowers your standard of living.</p>
<p>Conversely, when you imported more than you exported, your national gold horde decreased, but you had more goods to consume than you would otherwise have had, which raises your standard of living.</p>
<p>These days, the traditional terminology still exists, but no gold ever changes hands.  We now pay for the excess of imports over exports with little pieces of green paper (dollars), which cost nothing to produce, meaning we have all those low-cost Chinese manufactured goods to raise our standard of living damn near free.</p>
<p>It's hard to see why an import surplus is still considered "unfavorable", but the idiot-in-chief still thinks so.</p>
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		<title>By: Paula</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131906</link>
		<dc:creator>Paula</dc:creator>
		<pubDate>Thu, 07 Mar 2019 02:58:43 +0000</pubDate>
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		<description>[1] John M: Yep.</description>
		<content:encoded><![CDATA[<p>[1] John M: Yep.</p>
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		<title>By: John M from Ct.</title>
		<link>http://www.chrisweigant.com/2019/03/06/bad-news-for-trump-on-trade-deficit/#comment-131904</link>
		<dc:creator>John M from Ct.</dc:creator>
		<pubDate>Thu, 07 Mar 2019 02:10:54 +0000</pubDate>
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		<description>You concluded: &quot;It was never all that great an idea to begin with, since corporate executives&#039; experience is wildly different than shepherding bills through Congress.&quot;

I would say the problem is a lot more fundamental than that. Corporate executives&#039; experience is to run a for-profit private enterprise. A president&#039;s job is to run a not-for-profit public service. 

Everything this president has done since taking office shows that &quot;running a not-for-profit public service&quot; is a string of words he can&#039;t make head or tail of, being completely outside his worldview. 

More than a few observers have noted that he sees every decision he makes as an entirely transactional one: if I do this, does the U.S. (or, it seems sometimes, the Trump operation) do better *financially* than the other side in the immediate future? I can&#039;t think of another president, of either party, who has taken this approach to his job.</description>
		<content:encoded><![CDATA[<p>You concluded: "It was never all that great an idea to begin with, since corporate executives' experience is wildly different than shepherding bills through Congress."</p>
<p>I would say the problem is a lot more fundamental than that. Corporate executives' experience is to run a for-profit private enterprise. A president's job is to run a not-for-profit public service. </p>
<p>Everything this president has done since taking office shows that "running a not-for-profit public service" is a string of words he can't make head or tail of, being completely outside his worldview. </p>
<p>More than a few observers have noted that he sees every decision he makes as an entirely transactional one: if I do this, does the U.S. (or, it seems sometimes, the Trump operation) do better *financially* than the other side in the immediate future? I can't think of another president, of either party, who has taken this approach to his job.</p>
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