President Trump just cut the US trade deficit IN HALF, lowest in nearly 2 decades

[SomeStupidName]

So, you are saying this week's specials will be gone in a week, returning to 'normal' pricing, and something else will be on special?

No I'm saying a bill is introduced either in the house of representatives or the senate and then they review and debate and amend the bill then vote to pass bills. After it passes that then president gets to sign the bill into law or veto. The president can ask for bills to be made but he cannot force them too. The Obama care Act requires all citizens to purchase a health insurance plan regardless if the wanted too or could afford too (that part finally got removed in 2019 but several states voted to keep the section so some people are still required to buy a plan) and used tax payer subsidies which means the people not only have to pay the plan but they had to increased taxes to subsidies the plan that means you pay twice. When the ACA expires which by the way was how the bill was written and didn't have to have any expiration date, then those subsidies fall off and everyone has to pay whatever the insurance company has claimed is the full price but these companies set the price knowing they were getting free government money so the always jack up the price so they win on both charging for the plans and receiving the free money.

[Harte]

My wisdom? Don't rely on AI to make an argument for you. That goes for anyone, OP included.

It is true however that trade deficits in general can't be argued as "good" OR "bad."

It depends on the reason for the trade deficit and its effects.
There are lots of different reasons trade deficits occur.

Trump's goal is to bring back manufacturing to the US, a lofty goal that likely won't pan out in any major way.
On the other hand, many countries, with China in the lead, steal intellectual property and produce knock offs with slave wages and tariffs are a way to try and limit that sort of thing. Other ways have been tried, and they have failed.
The side effect of tariffs is a lowering of the trade deficit.

Harte

[MrGashler77]

It is true however that trade deficits in general can't be argued as "good" OR "bad."

It depends on the reason for the trade deficit and its effects.
There are lots of different reasons trade deficits occur.

Trump's goal is to bring back manufacturing to the US, a lofty goal that likely won't pan out in any major way.
On the other hand, many countries, with China in the lead, steal intellectual property and produce knock offs with slave wages and tariffs are a way to try and limit that sort of thing. Other ways have been tried, and they have failed.
The side effect of tariffs is a lowering of the trade deficit.

Harte

I get the impression that this reply was not meant for me

[chr0naut]

No I'm saying a bill is introduced either in the house of representatives or the senate and then they review and debate and amend the bill then vote to pass bills.

Trump got his medicine price reductions under executive order, and so did not follow the procedure you suggest:

President Donald J. Trump Announces Actions to Put American Patients First by Lowering Drug Prices and Stopping Foreign Free-riding on American Pharmaceutical Innovation - White House

Also, Trump Reverses Some Biden Drug Pricing Initiatives, Potentially Impacting Medicare Costs So, his current 'cost savings', a year later, are just bait and switch.

He has a habit of bypassing Congress by Executive Order and even when his orders are ruled illegal and unconstitutional, even by the Supreme Court, he goes ahead anyway.

Or, for example, he issues orders to the military to commit acts of war and empire expansion without the assent of Congress.

He really is being a dictator in action.

After it passes that then president gets to sign the bill into law or veto. The president can ask for bills to be made but he cannot force them too.

The current President isn't acting as part of government. He is acting as its sole power and authority, overriding the Constitution, the Congress, the Senate and the Judiciary.

The Obama care Act requires all citizens to purchase a health insurance plan regardless if the wanted too or could afford too

No. Obamacare mandated either paying insurance, or paying a tax penalty. The tax penalty being variable according to the income of the person being taxed. This meant that people who could afford to pay the penalty and/or the insurance, subsidised those who could not, so ultimately, everyone in the USA had some degree of coverage and costs were relative to the ability to afford it. Obamacare also ensured that insurers actually paid out relative to costs and couldn't skirt their responsibilities by trying to look for loopholes or claiming that premiums were too small to fully cover medical procedures and medicines.

(that part finally got removed in 2019 but several states voted to keep the section so some people are still required to buy a plan) and used tax payer subsidies which means the people not only have to pay the plan but they had to increased taxes to subsidies the plan that means you pay twice.

Only 10 states have not expanded Medicaid under the Affordable Care Act. I believe that there are 50 states in the USA.

The tax penalties were also originally an option instead of buying insurance, not as well as.

Perhaps Trump screwed it up in 2019?

When the ACA expires which by the way was how the bill was written and didn't have to have any expiration date, then those subsidies fall off and everyone has to pay whatever the insurance company has claimed is the full price but these companies set the price knowing they were getting free government money so the always jack up the price so they win on both charging for the plans and receiving the free money.

It is the extended premium tax credits under the American Rescue Plan Act in 2021, that expired on December 31, 2025.

The Rescue Plan Act was set in place because ACA had been undersubscribed and underfunded due to Trump delaying and opposing Obamacare. The extended premium tax credits was a scheme to incentivize contribution and was set to expire once it had done its job. There has been discussion about further extending the enhanced premium tax credits, but then Trump was elected. Standard premium tax credits are still in place and will not expire.

[SomeStupidName]

Trump got his medicine price reductions under executive order, and so did not follow the procedure you suggest:

President Donald J. Trump Announces Actions to Put American Patients First by Lowering Drug Prices and Stopping Foreign Free-riding on American Pharmaceutical Innovation - White House

Also, Trump Reverses Some Biden Drug Pricing Initiatives, Potentially Impacting Medicare Costs So, his current 'cost savings', a year later, are just bait and switch.

He has a habit of bypassing Congress by Executive Order and even when his orders are ruled illegal and unconstitutional, even by the Supreme Court, he goes ahead anyway.

Or, for example, he issues orders to the military to commit acts of war and empire expansion without the assent of Congress.

He really is being a dictator in action.


The current President isn't acting as part of government. He is acting as its sole power and authority, overriding the Constitution, the Congress, the Senate and the Judiciary.


No. Obamacare mandated either paying insurance, or paying a tax penalty. The tax penalty being variable according to the income of the person being taxed. This meant that people who could afford to pay the penalty and/or the insurance, subsidised those who could not, so ultimately, everyone in the USA had some degree of coverage and costs were relative to the ability to afford it. Obamacare also ensured that insurers actually paid out relative to costs and couldn't skirt their responsibilities by trying to look for loopholes or claiming that premiums were too small to fully cover medical procedures and medicines.


Only 10 states have not expanded Medicaid under the Affordable Care Act. I believe that there are 50 states in the USA.

The tax penalties were also originally an option instead of buying insurance, not as well as.

Perhaps Trump screwed it up in 2019?


It is the extended premium tax credits under the American Rescue Plan Act in 2021, that expired on December 31, 2025.

The Rescue Plan Act was set in place because ACA had been undersubscribed and underfunded due to Trump delaying and opposing Obamacare. The extended premium tax credits was a scheme to incentivize contribution and was set to expire once it had done its job. There has been discussion about further extending the enhanced premium tax credits, but then Trump was elected. Standard premium tax credits are still in place and will not expire.

Executive orders are there for a reason and if scotus knocks them down so be it.

As for the extraction in Venezuela how is that any more illegal then the over 200 hundred drone strike Obama sent that never had congressional approval?

As for Healthcare, it was faction of the price before Obama care the only problem with the old way was they could deny coverage for preexisting conditions, the only law that needed to be passed was to bar that practice.  Pay a fine or pay for healthcare isn't  a choice it's extortion.

[Harte]

I get the impression that this reply was not meant for me

Like you, I don't like AI copy and paste answers.
But the AI post you responded to wasn't wrong about the value (or lack of value) of a trade deficit.

Harte

[MrGashler77]

Like you, I don't like AI copy and paste answers.
But the AI post you responded to wasn't wrong about the value (or lack of value) of a trade deficit.

Harte

At no point did I comment on the validity or lack thereof.

[Harte]

At no point did I comment on the validity or lack thereof.

So it wasn't worth pointing out?
You know, it wasn't a criticism of you or anything you posted.
If you want that, I can do it. LOL

Harte

[UltraBudgie]

Trump can't math.

[putnam6]

Damn did you see where the Ford plant in Michigan is thinking of going to Mon-Fri 2 shifts....








Except its actually moving to 6 days, 3 shifts 24/7 

 
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 JUST IN: Experts are LOSING IT after a Ford plant in Michigan announced it’s moving to 24/7 operations — 6 days a week because the economy is SURGING. “They’ve NEVER seen anything like this!” “This plant is running around the clock!” They’re officially adding a 3RD SHIFT. [Image: https://abs-0.twimg.com/emoji/v2/svg/1f525.svg]