 The current account deficit (a broad measure of trade) has generally been larger since early 2017 when President Trump took office, though Q2 2020 was an anomaly (U.S. service exports include tourism, for example). Although the President seems to believe the economy was stronger in 2018-19 because of "trade deals," no such connection is evident in any relevant facts. Because the deficit on current count is matched by a surplus on the capital account, a higher current account deficit indicates that U.S. tax and regulatory reforms attracted foreign capital. Foreign investment in the U.S. grew more than U.S. investment abroad. The President could plausibly take credit for that (if someone could explain it to him).
| post_id | 87,998,180 |
|---|---|
| author | zafrada |
| permlink | trade-deals-responsible-for-higher-current-account-deficit |
| category | trade |
| json_metadata | {"app":"steempeak\/2020.07.1","format":"markdown","tags":["trade","us","trump","current","account","deficit"],"image":["https:\/\/files.peakd.com\/file\/peakd-hive\/zafrada\/lCVfYPwB-FB_IMG_1602650563181.jpg"]} |
| created | 2020-10-14 04:47:12 |
| last_update | 2020-10-14 04:47:12 |
| depth | 0 |
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| cashout_time | 1969-12-31 23:59:59 |
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| root_title | ""Trade deals" responsible for higher current account deficit?" |
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|---|---|---|---|---|---|
| gerber | 0 | 5,976,450,260 | 5.09% | ||
| ezzy | 0 | 273,691,595,437 | 5.09% | ||
| exyle | 0 | 410,418,709,981 | 5.09% | ||
| sweetsssj | 0 | 33,433,712,892,430 | 100% | ||
| penguinpablo | 0 | 674,800,461,578 | 18% | ||
| ew-and-patterns | 0 | 27,071,595,315 | 5.09% | ||
| chaostheory | 0 | 187,209,944 | 10% | ||
| butterfly-effect | 0 | 289,146,603 | 10% | ||
| thegrandestine | 0 | 4,644,015,594 | 8% | ||
| mirrorforce | 0 | 298,304,583 | 10% | ||
| lilith | 0 | 99,977,540 | 10% | ||
| mysticalword | 0 | 107,180,478 | 10% | ||
| paradoxofchoice | 0 | 142,757,323 | 10% | ||
| betacore | 0 | 72,531,484 | 10% | ||
| love-me | 0 | 66,284,052 | 5% | ||
| omegacore | 0 | 1,752,275,048 | 10% | ||
| karja | 0 | 106,455,145,844 | 5% | ||
| accelerator | 0 | 26,394,014,986 | 5.09% | ||
| deathwing | 0 | 436,002,811 | 12.72% | ||
| khaleelkazi | 0 | 344,016,560 | 5.09% | ||
| cryptonized | 0 | 103,334,223,443 | 18% | ||
| mmmmkkkk311 | 0 | 905,662,111,755 | 100% | ||
| nealmcspadden | 0 | 3,107,677,550 | 5.09% | ||
| audiosiren | 0 | 166,957,497 | 10% | ||
| the-reaper | 0 | 117,386,932 | 10% | ||
| skybreaker | 0 | 521,692,325 | 10% | ||
| supreme-verdict | 0 | 12,389,254,608 | 10% | ||
| retrocausality | 0 | 317,433,016 | 10% | ||
| ricardo306 | 0 | 180,411,926 | 15% | ||
| onepercentbetter | 0 | 25,227,930,496 | 18.88% | ||
| monster-reborn | 0 | 259,543,735 | 10% | ||
| chain-reaction | 0 | 259,635,135 | 10% | ||
| megalithic | 0 | 4,970,859,779 | 10% | ||
| lucky4karmen | 0 | 14,551,265,792 | 100% | ||
| harkar | 0 | 28,970,235,682 | 5% | ||
| dlike | 0 | 81,740,925,285 | 6% | ||
| ctime | 0 | 808,646,666,559 | 100% | ||
| andresurrego | 0 | 1,022,708,013 | 5% | ||
| wackyloot | 0 | 65,438,562 | 100% | ||
| grunt | 0 | 11,085,053,395 | 100% | ||
| gruntomega | 0 | 11,116,806,422 | 100% | ||
| steem.leo | 0 | 6,000,331,725 | 5.09% | ||
| leo.voter | 0 | 320,149,234 | 5.09% | ||
| maxuvd | 0 | 4,552,083,224 | 11% | ||
| maxuve | 0 | 12,613,249,755 | 4.88% | ||
| doyoy | 0 | 274,708,331,474 | 100% | ||
| ezvote | 0 | 4,763,419,568 | 0.6% | ||
| thetacore | 0 | 163,942,187 | 10% | ||
| gammacore | 0 | 186,292,189 | 10% | ||
| patorney | 0 | 529,310,795,724 | 10% | ||
| sigmacore | 0 | 74,866,882 | 10% | ||
| knightcore | 0 | 413,451,671 | 10% | ||
| psicore | 0 | 431,473,820 | 10% | ||
| chess-evolved | 0 | 106,483,736 | 10% | ||
| chessevolved | 0 | 103,237,865 | 10% | ||
| game-of-kings | 0 | 4,737,952,378 | 10% | ||
| alpha-and-omega | 0 | 1,103,926,507 | 10% | ||
| zetacore | 0 | 101,876,648 | 10% | ||
| ezcurate | 0 | 99,588,987 | 0.6% | ||
| ryancoretotstceo | 0 | 97,631,489 | 9% | ||
| kristiansen | 0 | 98,827,945 | 8.5% | ||
| main-gi | 0 | 344,887,828 | 10% | ||
| voidling | 0 | 238,506,638 | 8% | ||
| praise-phoenix | 0 | 97,702,671 | 8% | ||
| eye-of-the-storm | 0 | 451,198,337 | 7.5% | ||
| seven-sisters | 0 | 90,586,524 | 10% | ||
| mecurry | 0 | 68,651,257 | 5% | ||
| beware-the-queen | 0 | 1,613,171,130 | 9.5% |
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| post_id | 87,998,192 |
|---|---|
| author | satanicat |
| permlink | qi6dc8 |
| category | trade |
| json_metadata | {"image":["https:\/\/i.imgur.com\/KfLljTJ.jpg"],"links":["https:\/\/bit.ly\/35aEvV1"],"app":"steemit\/0.2"} |
| created | 2020-10-14 04:48:15 |
| last_update | 2020-10-14 04:48:15 |
| depth | 1 |
| children | 0 |
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| last_payout | 2020-10-21 04:48:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 205 |
| author_reputation | 15,330,473,033 |
| root_title | ""Trade deals" responsible for higher current account deficit?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
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|---|---|---|---|---|---|
| joeypark | 0 | -29,221,400,319 | -100% |