Trump never looks to his spending and the Deficit

If Trump really cares about reducing the deficit he needs to start first with his spending on security for himself at golf resorts and his extended family as well as the outrageous spending his cabinet does in the White House. His solution is to sell more food to China meanwhile United States farms and factories can’t produce enough to meet the White House goals to cut the China deficit. Trump needs to do more research before he barks out demands.

The White House is likely to fall short of a plan to slash the United States trade deficit with China by half because American farms and factories will find it hard to produce enough exports to meet that goal. Trump wants to reduce the deficit with China by $200 billion dollars by the year 2020. Even if China and America could target on specific items, we don’t! Even if China cooperated by lowering import barriers, trade experts say that America doesn’t have the capacity to ramp up production to even make that high priced goal. So what is Trump talking about??

America is currently operating pretty much at full employment and it doesn’t help that Trump just deported most of our Mexican farm workers. It is unrealistic to ask China to reduce the deficit by a certain amount within a certain period of time. Last year America ran a $375 billion dollar merchandise trade deficit with China, and a $337 billion dollar shortfall when including the trade in services. Trump wants China to purchase from America airplanes, liquefied natural gas, cars, agricultural products, and computer services. Even big changes in exports are unlikely to reduce the trade gap by so much money in just two years.

Does all this have something to do with Trumps hopes for re-election? For example, his goal to sell more airplanes is unrealistic. American plane maker Boeing has already almost 6,000 planes to be made in orders which equates to a seven year backlog. How can we make even more planes by 2020?It is an unrealistic goal. Trumps wishes to sell natural gas is unrealistic too.  America has only two export facilities for natural gas available. They are hoping that another four plants   will become available by the year 2020.

Curbing spending is the only way America can get better with our deficit problems.