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justinamash's profile
Justin Amash
Justin Amash
Justin Amash
Verified account
@justinamash

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Justin AmashVerified account

@justinamash

US House candidate, MI-3

I defend #liberty and explain every vote at http://facebook.com/justinamash  • 'Laws must be general, equal, and certain.' —F.A. Hayek

Third District of Michigan
Joined January 2011

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    1. Justin Amash‏Verified account @justinamash Mar 7
      US House candidate, MI-3

      When you buy more from the grocery store than the grocery store buys from you, you have a trade deficit with the grocery store.

      349 replies 1,934 retweets 5,304 likes
      Show this thread
    2. Justin Amash‏Verified account @justinamash Mar 7
      US House candidate, MI-3

      When any customer buys more from any business than the business buys from the customer, the customer has a trade deficit with the business.

      18 replies 160 retweets 869 likes
      Show this thread
      Justin Amash‏Verified account @justinamash Mar 7
      US House candidate, MI-3

      Trade deficits do not mean that anyone is taking advantage of anyone else. The grocery store will have a trade deficit with a farmer or supplier, just as you have a trade deficit with the grocery store.

      12:05 PM - 7 Mar 2018
      • 368 Retweets
      • 1,340 Likes
      • Jonesmohan melissahardman g Isaac Wilkins Narrated Dave Trott Stephen Ginn Wendy W Bob Blakley Cancel trump's  RealityTV ClownShow Presidency Now
      59 replies 368 retweets 1,340 likes
        1. New conversation
        2. Justin Amash‏Verified account @justinamash Mar 7
          US House candidate, MI-3

          This basic economic concept applies to international transactions just as it applies to neighborhood transactions.

          16 replies 166 retweets 1,036 likes
          Show this thread
        3. Justin Amash‏Verified account @justinamash Mar 7
          US House candidate, MI-3

          Trade deficits are a feature, not a bug, of a system of voluntary exchange. Only in a (theoretical but not possible) system of total government control and central planning could trade deficits be eliminated—and that would be a world of universal slavery and extreme poverty.

          110 replies 667 retweets 2,256 likes
          Show this thread
        4. End of conversation
        1. New conversation
        2. Damon Jay‏ @DamonJay_OWTF Mar 7
          Replying to @justinamash

          Milton Friedman said it best. https://youtu.be/zk3ruapRQZk  In other words, would you protect the jobs of 1,000 American steel workers at the expense of 10,000 other American jobs that would have otherwise been created? 🤔 Republicans are SUPPOSED to understand the damages taxes cause.

          2 replies 1 retweet 8 likes
        3. John Galt‏ @YankeeBut4Birth Mar 11
          Replying to @DamonJay_OWTF @justinamash

          I suspect you are taking Friedman out of context. Trump did not inherit a free trade situation. He inherited a mass of others' protectionist entanglements, that predecessors has agreed were OK. "Free" trade works. Lop-sided, thousand-page "trade agreements" are not free trade.

          1 reply 1 retweet 2 likes
        4. End of conversation
        1. R Long‏ @rustylong Mar 7
          Replying to @justinamash @mluddyjr

          Whoah! Econ 101! Don’t tell POTUS!

          0 replies 4 retweets 5 likes
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        1. New conversation
        2. I am nhprman.‏ @nhprman Mar 8
          Replying to @justinamash

          Better analogy: A competing, gov't subsidized grocery store sells products for less than they cost to purchase so your local grocery store is run out of business. Free trade must be fair trade. Right now, it isn't, and it hasn't been for decades.

          3 replies 1 retweet 5 likes
        3. NotWithAnybody‏ @NotWithAnybody Mar 8
          Replying to @nhprman @justinamash

          To continue your analogy, your solution is to tax that grocery store so everybody's price is higher. I'll leave it up to for homework to tell me what happens to the consumer in that instance.

          2 replies 0 retweets 0 likes
        4. I am nhprman.‏ @nhprman Mar 8
          Replying to @NotWithAnybody @justinamash

          The appeal to a lowest common denominator, "cheap stuff," is what the Chinese, and incidentally, the Multinational corporations that export jobs to that and other slave-wage nations, they hope we fall for. Higher prices for imports mean more will be made locally, BTW.

          0 replies 0 retweets 2 likes
        5. End of conversation
        1. New conversation
        2. Deplorable Gregory‏ @greg52451 Mar 8
          Replying to @justinamash

          Seriously? Trade deficits combined to all countries should not be more than a half trillion dollars. Reciprocal trade agreements is what POTUS is looking to achieve. When that is in place, the deficits will be what they will be because of Fair Trade.

          1 reply 1 retweet 1 like
        3. Lt. Chris McDaniel, Space Force‏ @Chris4943 Mar 8
          Replying to @greg52451 @justinamash

          Reciprocal trade agreement is an oxymoron. One trades something with another to get something they’d rather have—not the SAME thing they already have!

          1 reply 0 retweets 0 likes
        4. Deplorable Gregory‏ @greg52451 Mar 8
          Replying to @Chris4943 @justinamash

          The term refers to the percentage of tariffs both countries have the same percentage of tariff on ALL different products...not India at 60% and we are at zero. I thought that was obvious.

          1 reply 0 retweets 0 likes
        5. Lt. Chris McDaniel, Space Force‏ @Chris4943 Mar 8
          Replying to @greg52451 @justinamash

          No it doesn’t.pic.twitter.com/W9PpM7RsOA

          1 reply 2 retweets 2 likes
        6. Deplorable Gregory‏ @greg52451 Mar 9
          Replying to @Chris4943 @justinamash

          POTUS is trying to get favorable trade deals with all countries. The USA has no tariffs or very small percentages on imported goods. He wants the same for our exports to all countries or he will match their tariffs on their goods coming into the USA. He said Mirror & RECIPROCAL.

          0 replies 0 retweets 0 likes
        7. End of conversation
        1. New conversation
        2. Dan J‏ @CCG8tr Mar 7
          Replying to @justinamash @walterolson

          This is too complicated for our president to understand

          2 replies 0 retweets 1 like
        3. Edward "Beto" O'Mally‏ @elcuckerino Mar 7
          Replying to @CCG8tr @justinamash @walterolson

          No, it isn't. Our President has been bitching about trade deficits since the 80s. I won't debate free trade idealism vs pragmatic protectionism. But Trump has been very transparent on how he feels about this - and protecting the working class. It's why he won the rust belt.

          1 reply 0 retweets 1 like
        4. Dan J‏ @CCG8tr Mar 8
          Replying to @elcuckerino @justinamash @walterolson

          And by his own statements, he shows a complete lack of understanding of economics.

          0 replies 0 retweets 1 like
        5. End of conversation

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