Trump Trade Deficit Keeps Soaring

Ha ha ha. The latest trade deficit numbers are out for the second quarter, and Donald Trump still can’t get it right:

It keeps going up and up! Other countries are laughing at us! Even that weakling Obama had a better trade deficit! What a pathetic performance from Donald Trump. He’s just making America weaker and weaker.

POSTSCRIPT: This is a joke. Nobody should really care if the trade deficit is going up a bit. What’s more, if Trump were ever smart enough to look at the complete figures for goods and services, it turns out that the trade deficit went down slightly this quarter. Of course, that would force Trump to admit that (a) services are actual things (b) our annual trade deficit is about $500 billion, not $800 billion, (c) our trade deficit with China is closer to $300 billion than $400 billion, and (d) we have a trade surplus with Canada

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

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