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Trade deficits: How do they work? (Seriously.)

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Justin Wolfers

274,978 subscribers

32,896 Aufrufe • vor 1 Jahr •via X (Twitter)

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4 Kommentare

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Peter Frankvor 1 Jahr

Got to give credit to Trump for motivating the economics profession to explain stuff to the public in a way they can follow.

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HudsonSchantzvor 1 Jahr

Unfortunately, the folks at MSNBC are not helping the narrative by displaying the trade deficit numbers in scary, red text

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Bruce Knechtvor 1 Jahr

@JustinWolfers, Correction: Peter Navarro is a convicted criminal, but NOT a convicted felon. Criminal contempt, which he was convicted of, is not classed as a felony. BTW, excellent commentary!

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MicroSectorsvor 3 Jahren

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Aaron Rupar

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BREAKING: Rand Paul just told FOXBusiness news that Trump‘s tariffs are basically insane. He schools the president on trade deficits and the economy. “The higher the trade deficits the more prosperity. The lower the trade deficits the less prosperity.”
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BREAKING: Rand Paul just told FOXBusiness news that Trump‘s tariffs are basically insane. He schools the president on trade deficits and the economy. “The higher the trade deficits the more prosperity. The lower the trade deficits the less prosperity.”

Brian Krassenstein

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'One thing Donald Trump really hates, is trade deficits - when your imports are much bigger than your exports.' Ed Conway explains how US trade deficits, compare to other countries globally. 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
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Sky News

42,839 Aufrufe • vor 1 Jahr

Seriously, how do they get the ribbon to bend so perfectly? 😮
0:31

Seriously, how do they get the ribbon to bend so perfectly? 😮

tiway🦋💙

359,980 Aufrufe • vor 9 Monaten

Today isn’t “Liberation Day” — it’s DOOM LOOP DAY. Trade deficits aren’t caused by foreigners. They’re Made in the USA — because Americans save less than they invest. That gap gets filled with imports. Trade deficits that are easy to finance are good, not bad.
0:42

Today isn’t “Liberation Day” — it’s DOOM LOOP DAY. Trade deficits aren’t caused by foreigners. They’re Made in the USA — because Americans save less than they invest. That gap gets filled with imports. Trade deficits that are easy to finance are good, not bad.

Steve Hanke

178,995 Aufrufe • vor 1 Jahr

Tariffs are stupid. Trade deficits don't matter. Things are way better now than they were in the past. Get over it.
1:56

Tariffs are stupid. Trade deficits don't matter. Things are way better now than they were in the past. Get over it.

Project Liberal

472,552 Aufrufe • vor 1 Jahr

Seriously how can I work like this? 😍🫠
0:26

Seriously how can I work like this? 😍🫠

MrMenno 🏳️‍🌈🎶

20,307 Aufrufe • vor 1 Jahr

What do they expect? Seriously.
0:42

What do they expect? Seriously.

(news) DOGE

79,448 Aufrufe • vor 7 Monaten

The US trade deficit is HOMEMADE. US savings are less than US investments. The gap is filled by a trade deficit. Trade deficits have been GOOD for Americans. They allow Americans to consume more than they produce. My debate with UChicago Prof. Tomas Philipson at Al Arabiya English:
0:45

The US trade deficit is HOMEMADE. US savings are less than US investments. The gap is filled by a trade deficit. Trade deficits have been GOOD for Americans. They allow Americans to consume more than they produce. My debate with UChicago Prof. Tomas Philipson at Al Arabiya English:

Steve Hanke

13,326 Aufrufe • vor 1 Jahr

Nigerian security officers don't know their duty, they think once they have guns they can do all the work. Jack of all trade🤮🤮🤮
2:07

Nigerian security officers don't know their duty, they think once they have guns they can do all the work. Jack of all trade🤮🤮🤮

RAZOR BLADE

547,511 Aufrufe • vor 1 Jahr

How did they get time off from work to do this?
0:20

How did they get time off from work to do this?

G R I F T Y

24,413 Aufrufe • vor 5 Monaten