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NGrossman81's profile
Nicholas Grossman
Nicholas Grossman
Nicholas Grossman
@NGrossman81

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Nicholas Grossman

@NGrossman81

International Relations prof at U. Illinois. Senior Editor @ArcDigi. Author “Drones and Terrorism.” Politics, national security, and occasional nerdery.

amazon.com/Drones-Terrori…
Joined April 2015

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    Nicholas Grossman‏ @NGrossman81 Jul 25

    Nicholas Grossman Retweeted Donald J. Trump

    Trump lies a lot, but he really seems to believe buying things = losing. My “trade deficit” with the supermarket is thousands a year. That’s fine, because I want food. America could eliminate the trade deficit today by buying less made abroad. We choose not to. And that’s fine.https://twitter.com/realdonaldtrump/status/1022074252999225344 …

    Nicholas Grossman added,

    Donald J. TrumpVerified account @realDonaldTrump
    Every time I see a weak politician asking to stop Trade talks or the use of Tariffs to counter unfair Tariffs, I wonder, what can they be thinking? Are we just going to continue and let our farmers and country get ripped off? Lost $817 Billion on Trade last year. No weakness!
    4:54 AM - 25 Jul 2018
    • 22 Retweets
    • 48 Likes
    • Lewis Cherry Cola Icky Climate Change Will Kill Us All Slimer Tanya Nguyen Mary Lou George Mr. Ed Reily Connaughton Christopher Bates stephen albert
    10 replies 22 retweets 48 likes
      1. New conversation
      2. KH‏ @labboypro Jul 25
        Replying to @NGrossman81

        To avoid the ensuing trade deficit, I just eat the money.

        1 reply 0 retweets 2 likes
      3. Nicholas Grossman‏ @NGrossman81 Jul 25
        Replying to @labboypro

        Keynesian!

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. Dan McLaughlin‏ @djmlaw1 Jul 25
        Replying to @NGrossman81

        I have come to believe at least 50% of his lies are delusions. He actually believes a great deal of the false thing he says.

        1 reply 0 retweets 1 like
      3. Nicholas Grossman‏ @NGrossman81 Jul 25
        Replying to @djmlaw1

        Hard to tell which is which. But this one seems to fit in the delusion bucket.

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. Erik Myxter-Iino‏ @emyxter Jul 25
        Replying to @NGrossman81

        His wild misunderstanding of trade surplus and deficits are the only policy thing he's held constant all his life. There are interviews from the 80s with him saying the same stuff

        1 reply 0 retweets 1 like
      3. Nicholas Grossman‏ @NGrossman81 Jul 25
        Replying to @emyxter

        That’s why I think it’s a real, if misguided, belief.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. WTFWJD?‏ @phac3ti0us Jul 25
        Replying to @NGrossman81

        Can he really not understand how trade works? I think he actually thinks he knows something nobody else does about tariffs...but he's absolutely wrong.

        1 reply 0 retweets 1 like
      3. Nicholas Grossman‏ @NGrossman81 Jul 25
        Replying to @phac3ti0us

        Sure looks that way.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. RWAResearch‏ @ResearchRwa Jul 25
        Replying to @NGrossman81

        It's hard to figure out what the deal is. Surely someone has explained this to him repeatedly? Does he not have the capacity to understand? Does he think it just "sounds good" to uninformed people to be hammering on this? What is the motivation?

        1 reply 0 retweets 1 like
      3. Nicholas Grossman‏ @NGrossman81 Jul 25
        Replying to @ResearchRwa

        As best I can tell, he means what he’s saying on this. Trade deficit = getting ripped off; tariffs = leverage for negotiation.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. Jerry Jordan‏ @lighthousejerry Jul 25
        Replying to @NGrossman81

        And we choose to because it’s cheaper. Now tbf, maybe stuff shouldn’t be that cheap given that other countries, part Asia, have artificially low wages.

        1 reply 0 retweets 0 likes
      3. Nicholas Grossman‏ @NGrossman81 Jul 25
        Replying to @lighthousejerry

        Not artificial, per se, though lower than developed countries. But economic development (perhaps export-driven) is necessary to raise them.

        1 reply 0 retweets 0 likes
      4. Jerry Jordan‏ @lighthousejerry Jul 25
        Replying to @NGrossman81

        Right. The question is who should “pay” for it.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. murdoch davis‏ @murdochdavis Jul 25
        Replying to @NGrossman81

        Yep. By his standards anyone who buys a condo or a golf club membership is losing money 😆

        0 replies 0 retweets 2 likes
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      1. amusedabsurdity‏ @amusedabsurdity Jul 25
        Replying to @NGrossman81

        It’s the zero sum game world view gone even more awry.

        0 replies 0 retweets 1 like
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      1. Wangler‏ @Akh96Wangler Jul 25
        Replying to @NGrossman81

        Your trade deficit with the grocery store is not 'fine', it's inevitable as you are not a grocery producer. You have a trade surplus in how you make money, perhaps authoring works? Now, let's put a tariff on your output, making your goods more costly and less competitive.

        0 replies 0 retweets 0 likes
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