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JHB

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Member since: 2001
Number of posts: 26,011

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Trump Whiner Watch, day 4

The Donnie Snivels is tweeting again, still harping about a beauty contest winner.

http://www.democraticunderground.com/12512455877

http://www.democraticunderground.com/12512455808

http://www.democraticunderground.com/12512455798

Shall we start a betting pool about when he'll finally manage to shut up about it?
(generously defined as not saying anything about her for a whole week)

Please be sure to include a year with your bet date.

Krugman: Trump On Trade

http://krugman.blogs.nytimes.com/2016/09/27/trump-on-trade/
Even so, it seems to be conventional wisdom that Trump did well in the first 15 minutes. And I guess he did if you are impressed by someone talking loudly and confidently about a subject he really doesn’t understand. But really: Trump on trade was ignorance all the way.

There were specifics: China is “devaluing” (not so — it was holding down the yuan five years ago, but these days it’s intervening to keep the yuan up, not down.) There was this, on Mexico:

Let me give you the example of Mexico. They have a VAT tax. We’re on a different system. When we sell into Mexico, there’s a tax. When they sell in — automatic, 16 percent, approximately. When they sell into us, there’s no tax. It’s a defective agreement. It’s been defective for a long time, many years, but the politicians haven’t done anything about it.


Gah. A VAT is basically a sales tax. It is levied on both domestic and imported goods, so that it doesn’t protect against imports — which is why it’s allowed under international trade rules, and not considered a protectionist trade policy. I get that Trump is not an economist — hoo boy, is he not an economist — but this is one of his signature issues, so you might have expected him to learn a few facts.

Jesus, who would have thought the top drinking game cue would be...

...Donald's sniffles?

Anything more than a micro-sip each and you'd be under the table by now.
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