tag:blogger.com,1999:blog-4900303239154048192.post4488608008922784122..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Trump Trade Deficit Accounting Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4900303239154048192.post-21475622840455120132017-02-23T15:06:24.553-05:002017-02-23T15:06:24.553-05:00William - this Jeff Ferry?
http://www.prosperousa...William - this Jeff Ferry?<br /><br />http://www.prosperousamerica.org/press_release_administration_s_change_in_trade_data_improves_accuracy<br /><br />Could you provide a link to what you are quoting. He seems to be taking this idea seriously.ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-53873781002010036142017-02-23T11:27:42.830-05:002017-02-23T11:27:42.830-05:00Auto parts that come into LA and then get forwarde...Auto parts that come into LA and then get forwarded to Mexico should not be counted twice US exports. This is BS. I believe the Jeff Ferry at CPA.org is right in saying, "China's past competitive advantage has been in cheap labor cost intensive products. Today competitive advantage is now more in merchantilist policies of massive state subsidies to capture dominant positions in global markets for targeted products and technologies". William Ryannoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-51385240555464348822017-02-21T23:13:35.898-05:002017-02-21T23:13:35.898-05:00But in any event, under that (suggested? proposed?...But in any event, under that (suggested? proposed? floated to provoke academic disdain so as to be able to attack pointy-headed intellectuals) national income accounting scheme as proposed, there would be $16,800 worth of imports and $0 in exports. Regardless of the transfer pricing scheme, there would never be less than $16,000 in imports and always $0 in exports. Which is, to put it charitably, bullshit.Don Coffinhttps://www.blogger.com/profile/07198988872512792834noreply@blogger.com