Sunday, July 9, 2017

Trump Doubles Down On a Higher Prices, Fewer Goods Program


President Trump told G20 leaders they were "largely responsible" for US trade deficit. Well, producers in their countries are responsible by producing goods at low prices that Americans want to buy.

Trump wants to end this with his higher prices, fewer goods program for America, which, though the Wharton grad doesn't realize it, is what he is proposing when he calls on reversing the trade deficit.
Wharton should be embarrassed for graduating such a clown who doesn't understand the value of free trade.

   -RW

2 comments:

  1. The "Theory of Scarcity" is still quite popular.

    ReplyDelete
  2. And to think there is all this recent reflection on Says law (eye roll)

    ReplyDelete