• Windex007@lemmy.world
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    40 minutes ago

    A trade deficit isn’t a subsidy.

    If I sell spoons and you sell water, I’m going to buy more water from you thank you’ll buy spoons from me.

    I have an ongoing need to buy your water, your need for spoons is finite.

    In no comprehension of trade is a deficit a subsidy.

  • OtterMA
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    16 hours ago

    To those down voting:

    CBC’s About That series is excellent at doing a deep dive on an issue. It makes it easier to discuss the topics with other people

    Trump is wrong, and it’s helpful to know why