Trump shot himself in the foot with this one. What else is new. Trade deficits aren't inherently a bad thing but Trump's rhetoric made it into a inherently bad thing to his base during the 2016 campaign.
Republicans made the biggest MAGA-est deficits in the history of the USA. Yes! How can the stock market go to infinity unless we borrow infinity dollars to buy the stocks with? How can we spend $800,000,000,000 on defense every year without a MAGA-size credit card called "our children"? If you were Republican you would understand.
Toss in there that trump insists on a “payroll tax holiday” as a “tax cut,” something Congress hasn’t given him yet (the House never would and even the Senate is saying they don’t want it - so far), then we will see a dream of some conservatives come true, the destruction of Social Security. It’s apparently a desire trump has . . . the death of Social Security. How does that dovetail with the gigantic deficits you mention? trump claims that we don’t need the payroll tax to fund Social Security. That the nation can pay for Social Security out of general revenue. trump has actually made that claim multiple times. As usual, he’s being a liar. Without the payroll tax, Social Security would quickly go belly up. The payroll tax is the foundation of Social Security. Try explaining that to Mr trump.
