Ghostalmedia@lemmy.world to News@lemmy.worldEnglish · 7 months agoU.S. to Announce New Tariffs on Chinese Electric Vehicle - Considering rates of 100%www.nytimes.comexternal-linkmessage-square144fedilinkarrow-up1268arrow-down19
arrow-up1259arrow-down1external-linkU.S. to Announce New Tariffs on Chinese Electric Vehicle - Considering rates of 100%www.nytimes.comGhostalmedia@lemmy.world to News@lemmy.worldEnglish · 7 months agomessage-square144fedilink
minus-squareJamesFire@lemmy.worldlinkfedilinkarrow-up4·7 months agohttps://youtu.be/kFhKVCaadzE “Deficit” spending on the governmental level isn’t the same as a family deficit spending.
minus-squareShepherdPie@midwest.sociallinkfedilinkarrow-up1arrow-down3·7 months agoI didn’t say it was. Deficit spending to build a highway that winds up generating a bunch of extra revenue is one thing. Deficit spending to make a singular product cheaper than another country who is doing the same is a losing game.
https://youtu.be/kFhKVCaadzE
“Deficit” spending on the governmental level isn’t the same as a family deficit spending.
I didn’t say it was. Deficit spending to build a highway that winds up generating a bunch of extra revenue is one thing. Deficit spending to make a singular product cheaper than another country who is doing the same is a losing game.