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Trump: "I literally just make shit up and it's 180"
Poast new message in this thread
Date: March 15th, 2018 10:19 AM Author: hideous gaping https://www.theguardian.com/us-news/2018/mar/15/donald-trump-admits-made-up-facts-justin-trudeau (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610440) |
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Date: March 15th, 2018 10:43 AM Author: Opaque Charismatic Meetinghouse National Security Agency From the Economic Report of the President:
Figure 5-6 illustrates the distribution of goods and services balances across major U.S. trading partners in 2016. All countries show a services surplus offsetting a goods deficit, with the U.S. running a net bilateral surplus only with Canada and the United Kingdom.
https://www.gpo.gov/fdsys/pkg/ERP-2018/pdf/ERP-2018-chapter5.pdf |
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Date: March 16th, 2018 3:50 AM Author: Titillating mad cow disease just do exclude net 17 billion dollars in resources (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617483) |
Date: March 15th, 2018 10:21 AM Author: elite piazza Sounds like an Evan39 post
According to the recording, Trump told guests at a fundraising dinner in Missouri: “Trudeau came to see me. He’s a good guy, Justin. He said, ‘No, no, we have no trade deficit with you, we have none. Donald, please.’
“Nice guy, good-looking guy, comes in – ‘Donald we have no trade deficit.’ He’s very proud because everybody else, you know, we’re getting killed … So he’s proud. I said, ‘Wrong Justin, you do.’ I didn’t even know … I had no idea.
“I just said, ‘You’re wrong.’ You know why? Because we’re so stupid … And I thought they were smart.”
Why fire Tillerson now? Unshackled Trump making more unilateral decisions Read more Trump went on: “I said, ‘You’re wrong Justin.’ He said, ‘Nope, we have no trade deficit.’ I said, ‘Well, in that case I feel differently,’ I said, ‘but I don’t believe it.’ I sent one of our guys out, his guy, my guy, they went out, I said, ‘Check because I can’t believe it.’ ‘Well, sir, you’re actually right. We have no deficit but that doesn’t include energy and timber … And when you do, we lose $17bn a year.’ It’s incredible |
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Date: March 15th, 2018 10:23 AM Author: Irradiated chocolate parlour stock car This is the one of the greatest things a President has said in recent memory. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610459) |
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Date: March 15th, 2018 10:22 AM Author: seedy corner idea he suggested He’s definitely senile (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610456) |
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Date: March 15th, 2018 10:30 AM Author: Multi-colored adulterous brunch Who, Justin? He's pretty youthful. Maybe syphilis. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610489) |
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Date: March 15th, 2018 11:03 AM Author: fuchsia at-the-ready trust fund menage (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610664) |
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Date: March 16th, 2018 1:57 AM Author: marvelous frozen plaza (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617299) |
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Date: March 15th, 2018 10:24 AM Author: burgundy mildly autistic boltzmann pocket flask Sounds like he sent his guys out to check and they verified there was indeed a trade deficit. What was "made up"? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610468) |
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Date: March 15th, 2018 10:40 AM Author: Opaque Charismatic Meetinghouse National Security Agency But a different story is told in the recently released 2018 White House "Economic Report of the President" — an annual document prepared by Trump's own team which bears his signature and contradicts a number of trade statements and policies already articulated by him.
One example involves the supposed trade deficit with Canada. Trump keeps insisting it exists, but the document he signed states Canada is among the few countries in the world with whom the U.S. runs a surplus.
The document states: "The United States ran a trade surplus of $2.6 billion with Canada on a balance-of-payments basis." |
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Date: March 15th, 2018 10:43 AM Author: burgundy mildly autistic boltzmann pocket flask Including energy and timber? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610543) |
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Date: March 15th, 2018 10:45 AM Author: Opaque Charismatic Meetinghouse National Security Agency yes. see here, fig 5 and 6. only if you excllude SERVICES does the US run a deficit with Canada.
https://www.gpo.gov/fdsys/pkg/ERP-2018/pdf/ERP-2018-chapter5.pdf
so if you ONLY count goods like energy and lumber, the US runs a deficit. but if you ALSO include services, the US runs a surplus of $2.6B
"This becomes immediately evident when comparing other countries’ trade balances with their volume of total trade with the United States. In 2016, the United States ran a trade surplus of $2.6 billion with Canada on a balance of-payments basis. " |
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Date: March 15th, 2018 10:49 AM Author: Multi-colored adulterous brunch So we do run a goods deficit, but there's no deficit according to Trudeau? Got it (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610574) |
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Date: March 15th, 2018 10:49 AM Author: Opaque Charismatic Meetinghouse National Security Agency sure, we run a deficit, if you delete services, which is a flame thing to do.
that's like saying you run a deficit with your employer when you ignore the services you render to the company. |
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Date: March 15th, 2018 10:54 AM Author: Multi-colored adulterous brunch XO 2018: standard economic measures are "a flame thing to do" and goods deficit are not deficits. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610605) |
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Date: March 15th, 2018 10:58 AM Author: Opaque Charismatic Meetinghouse National Security Agency WTF are you ranting about you psychotic homosexual retard? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610636) |
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Date: March 15th, 2018 11:00 AM Author: Multi-colored adulterous brunch You're done here. There is a goods deficit in US trade with Canada. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610644) |
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Date: March 15th, 2018 11:01 AM Author: Opaque Charismatic Meetinghouse National Security Agency Why does the President's own report highlight the overall balance of trade, rather than just the goods balance of trade? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610647) |
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Date: March 15th, 2018 11:02 AM Author: Multi-colored adulterous brunch Why is Trudeau claiming there's no trade deficit when there is a goods trade deficit which his own people admit? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610656) |
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Date: March 15th, 2018 11:05 AM Author: Opaque Charismatic Meetinghouse National Security Agency because OVERALL there is no trade deficit.
if i give you a $15 pack of baseball cards and you give me a $15 haircut in exchange, there is no deficit between us. |
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Date: March 15th, 2018 11:10 AM Author: Multi-colored adulterous brunch No, there's a deficit in the trade of goods. That's just a fact. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610705) |
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Date: March 15th, 2018 11:06 AM Author: Mind-boggling tan range Because a trade deficit =/= a trade in goods deficit (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610673) |
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Date: March 15th, 2018 11:11 AM Author: Multi-colored adulterous brunch A trade in goods deficit is in fact a trade deficit. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610709) |
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Date: March 15th, 2018 10:28 AM Author: godawful abusive university lol. this is 180. i'm a major lib who hated his guts but this thing just makes me like him more and more. he is negotiating for our country. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610482) |
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Date: March 15th, 2018 11:08 AM Author: hyperventilating white liquid oxygen foreskin risten, major rib here... (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610686) |
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Date: March 15th, 2018 2:28 PM Author: yellow garrison (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612166) |
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Date: March 16th, 2018 1:58 AM Author: marvelous frozen plaza (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617303) |
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Date: March 15th, 2018 2:28 PM Author: yellow garrison (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612165) |
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Date: March 15th, 2018 10:34 AM Author: shimmering 180 stead gay wizard so Trump was right and Trudeau was wrong? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610505) |
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Date: March 15th, 2018 10:36 AM Author: Underhanded Disgusting Boistinker why would you exclude natural resources? sneaky fucking canucks (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610510) |
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Date: March 15th, 2018 10:38 AM Author: Irradiated chocolate parlour stock car Economists are basically numbers lawyers. They'll substantiate anything you want if you pay them. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610517) |
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Date: March 15th, 2018 10:46 AM Author: Opaque Charismatic Meetinghouse National Security Agency it's the opposite of what trump said. the US runs a deficit only if you include goods like energy and lumber but exclude services. otherwise it runs a $2.6 billion surplus.
https://www.gpo.gov/fdsys/pkg/ERP-2018/pdf/ERP-2018-chapter5.pdf
trump is full of shit. |
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Date: March 15th, 2018 11:01 AM Author: Irradiated chocolate parlour stock car Both countries claim an aggregate surplus.
You also need to consider the subsidies for lumber in Canada. |
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Date: March 15th, 2018 11:04 AM Author: flesh idiot mexican "Services trade data produced in different countries are difficult to compare because the use of different definitions and estimation methods can result in incompatible bilateral trade balances. Both the United States and the European Union reported a trade surplus with each other from 2010 through 2015." (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610666) |
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Date: March 16th, 2018 1:58 AM Author: Titillating mad cow disease (non-responsive) (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617304) |
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Date: March 15th, 2018 10:53 AM Author: Opaque Charismatic Meetinghouse National Security Agency Trump is full of shit. The trade balance is only a deficit if you ONLY count goods such as natural resources but exclude services. When you add everything up it's a $2.6 billion surplus (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610602) |
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Date: March 15th, 2018 10:37 AM Author: aphrodisiac native So he was right, but for some reason trade deficit technically doesn't include energy or timber? I declare FAKE NEWS.
"Well, sir, you’re actually right. We have no deficit but that doesn’t include energy and timber … And when you do, we lose $17bn a year.’ It’s incredible.”" |
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Date: March 15th, 2018 10:45 AM Author: burgundy mildly autistic boltzmann pocket flask (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610556) |
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Date: March 16th, 2018 1:59 AM Author: marvelous frozen plaza (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617305) |
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Date: March 16th, 2018 1:59 AM Author: Titillating mad cow disease (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617307) |
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Date: March 15th, 2018 10:40 AM Author: fishy flatulent newt So his hunch was correct? (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610525) |
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Date: March 15th, 2018 10:40 AM Author: hideous gaping When you delete random items from the calculation, apparently yes. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610527) |
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Date: March 15th, 2018 10:46 AM Author: Lascivious Walnut Round Eye Party Of The First Part (Poor reading comp)
Hint, you’ve got it reversed. We do have a deficit with Canada. It’s only reported as a surplus when you exclude random items. |
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Date: March 15th, 2018 10:48 AM Author: Opaque Charismatic Meetinghouse National Security Agency no, Trump had it reversed, or is full of shit. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610573) |
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Date: March 15th, 2018 10:56 AM Author: Lascivious Walnut Round Eye Party Of The First Part The article is claiming Trump’s “lie” was that, when he told the Canadian PM that we had a trade deficit, he wasn’t actually sure if that’s the case. He just made an educated guess since we have trade deficits with everyone.
Trump is bragging because he said, after the fact, his guys looked it up and he was right. It’s only a surplus when you exclude energy and timber, which makes no sense to exclude unless you are trying to juke the stats.
Since Trump was ultimately correct, he did not lie, and this article is fake news. And the libs here are low IQ not to understand this. |
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Date: March 15th, 2018 10:58 AM Author: Opaque Charismatic Meetinghouse National Security Agency No, Trump was not correct. His statement about "only if you exclude energy and timber" is factually wrong. If you include ALL trade, including all goods and services, including energy and timber, the US runs a $2.6 billion surplus with Canada.
The US only runs a deficit of $17 billion if you exclude services (i.e., if you ONLY count things like energy and timber) |
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Date: March 15th, 2018 11:01 AM Author: Lascivious Walnut Round Eye Party Of The First Part I’ll admit, I’m out of my element on this subject, but this guy claims it’s standard to exclude services when determining whether we have a trade deficit or surplus:
http://www.xoxohth.com/thread.php?thread_id=3919318&mc=29&forum_id=2#35610605 |
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Date: March 15th, 2018 11:04 AM Author: Opaque Charismatic Meetinghouse National Security Agency He's a deranged gay man who couldn't hack it in the US, probably HIV positive and living with AIDS Dementia Complex.
The President's own economic report highlights the OVERALL balance of trade, not just the goods or services balance alone. Why? Because if you want to measure the net inflow or outflow of total dollars into or out of a country (which is what we care about), you need to measure everything that is exchanged for those dollars.
"This becomes immediately evident when comparing other countries’ trade balances with their volume of total trade with the United States. In 2016, the United States ran a trade surplus of $2.6 billion with Canada on a balance-of-payments basis. " |
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Date: March 15th, 2018 11:07 AM Author: hyperventilating white liquid oxygen foreskin "He's a deranged gay man who couldn't hack it in the US, probably HIV positive and living with AIDS Dementia Complex."
Literally thought you were talking about Trudeau at first |
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Date: March 15th, 2018 11:08 AM Author: Opaque Charismatic Meetinghouse National Security Agency Fair Trudeau is also an insufferable faggot. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610689) |
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Date: March 15th, 2018 11:07 AM Author: flesh idiot mexican Except we have no way to accurately measure services trade data. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610682) |
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Date: March 15th, 2018 11:10 AM Author: Opaque Charismatic Meetinghouse National Security Agency there are ambiguities in measuring services trade data, but as people point out below, there are also ambiguities in measuring goods trade data (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610703) |
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Date: March 15th, 2018 11:12 AM Author: Multi-colored adulterous brunch "He's a deranged gay man who couldn't hack it in the US, probably HIV positive and living with AIDS Dementia Complex."
I think this comment is an attempt to talk about me. Not sure. (I'm neg by the way) |
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Date: March 16th, 2018 2:00 AM Author: marvelous frozen plaza It’s wlmas. He’s a catty stlakerish fag (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617308) |
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Date: March 15th, 2018 2:30 PM Author: umber histrionic area lawman8 vindicated (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612196) |
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Date: March 15th, 2018 11:02 AM Author: hyperventilating white liquid oxygen foreskin (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610652) |
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Date: March 15th, 2018 10:49 AM Author: burgundy mildly autistic boltzmann pocket flask Whatever the case is, lol at the Guardian for writing such an ambiguously-worded, almost nonsensical article. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610582) |
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Date: March 15th, 2018 10:51 AM Author: fuchsia at-the-ready trust fund menage Pontifex Maximus TRVMP is a strategic thinker. Does not need to get marred in details. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610591) |
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Date: March 15th, 2018 10:56 AM Author: Multi-colored adulterous brunch If Canada wants to claim there's no deficit then there should be no deficit in either goods or services. Not the case. You're done here, Sparklesoxxx. It's 2018. Go elbow another woman in the chest. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610620) |
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Date: March 15th, 2018 2:19 PM Author: Ultramarine talented hell reading party That's stupid as fuck. We are a service-oriented economy. We sell Facebook; they sell chickens. Don't be stupid. We aren't going to make our own fucking sneakers, you daft cunt. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612077) |
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Date: March 15th, 2018 2:31 PM Author: Multi-colored adulterous brunch What does that have to do with there being a deficit in goods? Nothing. Canada mostly sells us cars and oil. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612206) |
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Date: March 15th, 2018 11:03 AM Author: Irradiated chocolate parlour stock car Both countries claim a surplus:
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGSzcBn7WYiQ/v1/800x-1.png
"For example, it could be argued Canada’s statistics agency is overstating exports. Canadian businesses often import goods from third countries such as China only to re-export those goods to the American market. Statistics Canada records that as a Canadian export; the U.S. data would record that as an import from China, not Canada.
In other instances however, the U.S. data may be failing to capture some Canada exports, particularly services that are much more difficult to measure than goods. The Statistics Canada data show a much larger number -- in the order of $15 billion a year -- in Canadian service exports to the U.S. than is captured by the American numbers. While statisticians aren’t sure exactly why, one explanation may be that U.S. firms with operations in Canada aren’t reporting their foreign costs as service imports."
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Date: March 15th, 2018 11:12 AM Author: beta pistol tank lmao @ shrieking pumos ITT (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610718) |
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Date: March 15th, 2018 11:25 AM Author: Electric market jew No one seems to notice the sick neg he got on Trudeau
“I just said, ‘You’re wrong.’ You know why? Because we’re so stupid … And I thought they were smart. [If we really are running a surplus, then YOU are stupid.]" |
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Date: March 15th, 2018 2:40 PM Author: aphrodisiac native (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612295) |
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Date: March 15th, 2018 11:33 AM Author: hideous gaping I think you guys are missing the point of the thread. Who cares whether he was ACCIDENTALLY right or wrong. It's just funny as hell the the President makes shit up and hopes it turns out to be right. I think he's retarded but can admit this is pretty funny and seems to work for him.
Trump: Making shit up and just letting it do since 10 years old; becomes billionaire and president.
You: Checking citation for the fifth time before sending a brief; in debt and pathetically subservient to fat balding law firm partner. |
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Date: March 15th, 2018 11:34 AM Author: Electric market jew I think it's more force them to back it up with facts and putting them on immediate defense. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35610903) |
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Date: March 15th, 2018 2:20 PM Author: Ultramarine talented hell reading party No, it's a lack of preparation. (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612089) |
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Date: March 15th, 2018 2:34 PM Author: umber histrionic area not preparing is part of the process. it means you don't care and don't really need to reach a deal. that immediately puts the other party on the back foot so they make more concessions than they would otherwise. 3d chess (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612241) |
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Date: March 16th, 2018 2:01 AM Author: marvelous frozen plaza (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617312) |
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Date: March 15th, 2018 12:43 PM Author: Garnet place of business sound barrier Jfc who cares (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35611307) |
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Date: March 15th, 2018 2:07 PM Author: Irradiated chocolate parlour stock car Americans, mostly (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35611968) |
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Date: March 15th, 2018 2:18 PM Author: gold stirring old irish cottage “Nice guy, good-looking guy, comes in – ‘Donald we have no trade deficit.’ He’s very proud because everybody else, you know, we’re getting killed … So he’s proud. I said, ‘Wrong Justin, you do.’ I didn’t even know … I had no idea.
“I just said, ‘You’re wrong.’ You know why? Because we’re so stupid … And I thought they were smart.”
Why fire Tillerson now? Unshackled Trump making more unilateral decisions Read more Trump went on: “I said, ‘You’re wrong Justin.’ He said, ‘Nope, we have no trade deficit.’ I said, ‘Well, in that case I feel differently,’ I said, ‘but I don’t believe it.’ I sent one of our guys out, his guy, my guy, they went out, I said, ‘Check because I can’t believe it.’ ‘Well, sir, you’re actually right. We have no deficit but that doesn’t include energy and timber … And when you do, we lose $17bn a year.’ It’s incredible.”
Holy fuck Donald Trump |
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Date: March 15th, 2018 2:28 PM Author: yellow garrison (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612171) |
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Date: March 15th, 2018 2:31 PM Author: passionate stag film digit ratio *Mueller gets rock hard* (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35612214) |
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Date: March 16th, 2018 2:01 AM Author: odious gas station *wings it at most important and prestigious debates and defeats yale JD who had been preparing for decades* (http://www.autoadmit.com/thread.php?thread_id=3919318&forum_id=2#35617313) |
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Date: March 16th, 2018 3:48 AM Author: Titillating mad cow disease So, Justin knowingly lied to get unfair trade terms with America and Trump intuitively caught him.
Media earning public trust yet again. |