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Reply to "Official 1st Presidential Debate Thread"
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[quote=Anonymous]This pretty much summed up the issues with Trump last night... WTF was he talking about? Anyone who knows about reality would have been greatly puzzled: "And yet from his very first statement in the debate, Trump revealed a frankly bizarre level of ignorance about economic policy. Literally the first thing Trump said after thanking the moderator was that “our jobs are fleeing the country” when, in fact, employment has been steadily increasing for years. Three sentences later, he said the Chinese “are devaluing their currency and there's nobody in our government to fight them,” when, in fact, the Chinese are trying to prop up the value of their currency in the face of a massive investor exodus from Chinese real estate. He also said the Chinese “are using our country as a piggy bank to rebuild China,” which isn’t even how piggy banks work, much less the US-Chinese economic relationship. He said that Mexico is feasting on American manufacturing and “building the bigger plants in the world” when, in fact, Tesla is currently building the biggest factory in the world right in California. The existing biggest factory in the world is also in the United States, and is where Boeing jumbo jets are built. No. 3 is a Mitsubishi plant located in Illinois. One could continue with the factual specifics here, but the overarching theme is pretty clear: The Republicans nominated someone who doesn’t know anything about his signature issue. Trump lambasted Clinton for her involvement in NAFTA, which he said had devastated American manufacturing, but US manufacturing output has risen about 50 percent since NAFTA passed. And while it’s not true that the world’s biggest factories are opening in Mexico, it is absolutely true that both the Boeing factory and the Mitsubishi factory depend critically on international trade for their viability." http://www.vox.com/2016/9/26/13066698/trump-debate-trade-fact-check[/quote]
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