[rstrahan]

Investing in Wall Street in companies now sending jobs overseas does not make new good paying jobs in the US. Only feeds the Wall Street bankers.

[cba123]

I disagree completely.

Completely.

We have been sold out for year. More than one entire generation.

Bring back American jobs.

[vette6387]

It’s Townhall crap again! Just why do we post stuff from this rag? They are almost as bad as the NY Slimes! Ditto for NR, Limbaugh and Levin. They have all gone over to the dark side!

[heights]

Unfettered Trades been Great for Manufacturing. In China that is....

[Rennes Templar]

“Last year, foreigners bought $11 trillion worth of stocks.”

Americans should have the funds to invest in these stocks and reap the dividends. Instead they’re trying to avoid Obamacare penalties.

[Oldexpat]

Foreigners are recycling our dollars buying companies and real estate..some of the companies are being absorbed by non US companies for tax advantages. The real estate investments are speculative and driving up prices. These are not positive trends.
We need to change our corporate taxes to make our companies more competitive and the US a better place to HQ companies.

[austingirl]

Trump lacks a basic understanding of economics and trade. Building a casino and hiring a bunch of illegal aliens to work for you does not translate into managing a national economy.

He says he is going to bring overseas jobs home. How? Through force? Through federal fiat? Corporations look to give their shareholders value by making a profit and keeping costs low. Will Trump bring jobs back to have US citizens work for the same wages as they do overseas? He is unraveling and looked like a fool on the Chrissy Matthews interview. Matthews laughed in his face.

[Ciexyz]

What happens when Americans can’t afford to buy the junk that’s available to them on store shelves? When people are driving around in cars that look like they belong in the junk yard?

[vette6387]

“What economists at the Federal Reserve Bank of St. Louis noted in 2006 remains true today: “Capital account surpluses, and therefore current account deficits, are being driven primarily by foreign demand for U.S. assets” — not by unfair trade practices, cheap foreign labor or currency manipulation.”

If I interpret this correctly, the practice of selling the assets ( and I would guess real estate is a primary asset) of this country to foreigners is a “good thing!” Having the Ch1nks own an ever-increasing percentage of our land that they are able to buy with their trade surplus bucks will end up with them being able to take over our country without firing a shot! But hey, the Wall St. folks can just wall off Long Island for themselves, so it won’t be a problem.

[VitacoreVision]

How the Free Trade Agenda Is Knocking Down America
-- The New American (PDF) Special Report
http://www.thenewamerican.com/files/TNA2917.pdf

The Special Report includes the following articles:

- The "Free Trade" Agenda Threatens Our Rights
- Global Merger: Piece by Piece
- The EU: Regionalization Trumps Sovereignty
- Trade Promises... and Trade Reality
- North American Union: From NAFTA to the NAU
- Fast-track: Enabler of the "Free Trade" Agenda
- Regional Scheme for the Pacific Rim
- EU/U.S. -- Transatlantic Convergence

[Iron Munro]

What he overlooks is that this country is one of the most inviting places for people abroad to invest their money.

That makes us a colonial bank not an industrial or economic power.

[fhayek]

So we buy cheap crap from China, and they buy up our assets? There’s a win-win if I ever heard one.

[MrBambaLaMamba]

Only the Hildabeast with the backing of the GOPe can save us.

[donna]

You’re fired.

Stock rises.

Wall Street loves layoffs

[Robert DeLong]

Really Steve Chapman this is the best argument you have?

Totally moronic since is does nothing for many Americans at all. Americans who would rather rejoin the workforce and do for themselves in jobs that pay decent wages. These types of jobs are leaving our shores in droves and all you can tout is this country is one of the most inviting places for people abroad to invest their money.

Well I guess it isn't the same usual lame claim that we get cheaper goods, which aren't really cheaper at all. Once you figure in the lack of quality requiring replacement sooner rather than later, and the additional taxes to support people without jobs those savings are quickly lost. Then when you calculate the erosion of buying power brought on by printing more and more money and adding to the national debt, those savings evaporate altogether.

[enumerated]

Mathematically speaking, this is correct. We learn in macroeconomist that a trade deficit, which favors our trading partner, is the reciprocal of the current account surplus, which favors us. We net out evenly.

However, just because the two balances are mathematically offsetting, does not mean it is an ideal trade situation. There are benefits offsetting the disadvantages, but the costs and the benefits are experienced by different parties!

The trade deficit is harmful to the manufacturing sector that has the deficit and the capital surplus is a benifit to the banking investment sector. Since banking and investment corporations tend to be multinational, and manufacturing tends to be domestic, the trade deficit can and usually is a net loss for the local communities who lost jobs and revenues while they often don’t share in any of the benifits.

[snarkpup]

If we trade our land for appliances, China will eventually own all the land and we'll have nothing but mountains of dead appliances. This is an example of "our stupidity" that Trump talks about. But fixing this will require a change in American culture, not just who's in charge.

[Hugin]

So trade deficit are good because foreigners are using that money to buy “American” corporations? How is that good? First they told us that we would more than make up for loss of jobs with new jobs here because foreigners would buy products from our companies. Then those companies moved their manufacturing there. Now they are moving whole companies overseas. Thirty years ago we were unquestionably the driving economy in the world. Now China is neck and neck and growing three times as fast, and our working and middle classes are dying. That’s the real world results. But the GOP doesn’t care as long as the stock market goes up.

[lewislynn]

What he overlooks is that this country is one of the most inviting places for people abroad to invest their money. Since 2001, foreign direct investment in the United States has more than doubled. Last year, foreigners bought $11 trillion worth of stocks.

Where are the mindless idiots telling us we're trading worthless paper for material goods?

[lewislynn]

Judging by posting history, it seems you’re in the tank for anyone but Trump.