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2018 Midterm elections (view source)
Revision as of 22:02, October 31, 2018
, 22:02, October 31, 2018→MAGAnomics
America has been running a trade deficit since 1967 (when the U.S. became dependent on foreign oil and the American auto industry was booming).<ref>Prior to that, the [[Marshall Plan]] - loans, grants, and gifts to foreigners, represented a trade surplus.</ref> This outflow of capital earned America the reputation as the "engine of the global economy." However this reputation was gained out of largess, not of necessity.<ref>https://youtu.be/CS6ozmWSutY</ref>
America has been running a trade deficit since 1967 (when the U.S. became dependent on foreign oil and the American auto industry was booming).<ref>Prior to that, the [[Marshall Plan]] - loans, grants, and gifts to foreigners, represented a trade surplus.</ref> This outflow of capital earned America the reputation as the "engine of the global economy." However this reputation was gained out of largess, not of necessity.<ref>https://youtu.be/CS6ozmWSutY</ref>
====Jobs====
ADP reported a gain of 227,000 payroll in October, well over the estimated 189,000 forecasted, reflective of a sound, healthy, robust economy.<ref>https://www.cnbc.com/amp/2018/10/31/private-payrolls-gain-227k-in-oct-vs-189k-est-adpmoodys.html</ref>
====Trade relations and defense====
====Trade relations and defense====