Trump would make a good president from an economic point of view.

Fascinating. Here is my Rebuttal : Trade: =================================================================================================== "Donald Trump's understanding of how global trade function's is most likely the pinnacle of his ignorance" Let us not forget that Donald Trump started with a million dollars and he turned that into an international multi-billion dollar economic empire. He has published several books on the economy and on global trade. I think it is unwise to call such a man ignorant on global trade due to his accomplishments, his books and his grand international economic empire. "First, the typical argument against Nafta is that jobs are being shipped overseas" It does and I will provide the evidence for that later on in this segment. Comparative advantage: ==================== I am pretty familiar with what the free trade is and there is no need for you to teach me what free trade does to the economy. I think that free trade is a very beneficial step but it has to be taken at the right time under the right circumstances for it to display its fruitful effects. Unfortunately, the US currently does not have the right circumstances for those effects to take place due to a slump in the economy of the US and due to the shrinking manufacturing sector. That's why I support repealing current free trade agreements until the US manufacturing sector returns to its fromer glory. Under the current free trade agreements, developing countries are allowed to supply as much as they can to the US demand while the other countries never import any american goods. On the other hand, under the same free trade agreements, the US imports far more than it exports [1] since the US manufacturing sector is currently shrinking ad facing a slump which is the reason why the US can not export anything. While in the perfect scenario of free trade, two countries would be exchanging the product they do best which would cause a cheaper price. That is simply not the case with Nafta. Under Nafta, the US barely exports due to a slump in its manufacturing sector. In fact under Nafta, the US does most of the importing under Nafta and barely exports anything.[2] Unfortunately, Nafta is not bread ad butter free trade and should be repealed because the US does most of the importing while barely exporting anything which hurts the US economy and creates trade defecits. Donald Trump will have much better trade agreements where america can both export ad import not just import and gain trade defecits. " Yes, domestic jobs go " I appreciate your honesty con. This statement by con is a confession that current free trade causes a loss in domestic jobs. Under Nafta, the US imports far greater than it exports which means that the US manufacturing jobs can not provide for the US demand since the foreign products are much cheaper and no one would buy the more expensive US products which causes US manufacturing jobs to decline. While, the US exports too little compared to others under Nafta. ( I admit that the US does export under Nafta but it exports way too little compared to others). This has caused american companies to move overseas where labour is much cheaper and where they can manufacture the same goods but for cheaper so they can compete with foreign suppliers who have chaper goods. When the US companies move to places where they can manufacture the goods for cheaper, the local domestic manufacturing are lost. Under Nafta, 700,000 american jobs were lost [3 ]. Con provided us with a graph that 'shows' that the US manufaturing jobs have decreased over the decades. But that is an illusion. The graph says the number of americans working in manufacturing decreased as a percent of all the employed americans. The number of manufacturing jobs did not decrease but other sectors got bigger and employed more people giving the illuson that less people are employed in manufacturing while in fact manufacturing jobs remained relatively stable over the past several decades due to urbanization. It is that just more people became employed in other sectors which led to manufacturing jobs decrease as a percent relative to other sectors. However, in the current situation, manufacturing jobs are being lost due to free trade agreements like Nafta. Moreover, Nafta causes major trade defecits. Between 1993 (before NAFTA took effect) and 2013, the U.S. trade deficit with Mexico and Canada increased from $17.0 billion to $177.2 billion, displacing more than 850,000 U.S. jobs. Growing trade deficits and job displacement, especially between the United States and Mexico, were the result of a surge in outsourcing of production by U.S. and other foreign investors. The rise in outsourcing was fueled, in turn, by a surge in foreign direct investment (FDI) into Mexico, which increased by more than 150 percent in the post-NAFTA period. [4]. Nafta kills jobs and should be repealed. Nafta creates jobs in the first couple of years just to prepare for exporting then those jobs get killed and taken away from the US when the manufaturing companies realize their products will be too expensive to compete with other suppliers. Nafta is a job - killer and should be repealed. However, I shall admit that nafta did create jobs in the first couple of years. Then the US manufatrers discovered that it is too expensive to create the product in the US which led to the US manufacturing companies to move overseas to other countries so they can make the product for cheaper and could compete with other suppliers who have cheaper goods [5]. Nafta creates the opportunity for other countries like mexico to utilize their cheap labour to make cheap products and to export those products to the US. With Mexico's cheap products due to its cheap labour, american manufacturing companies have no other options except to move overseas to compete with those suppleirs. [6] The effects of this is "domestic jobs being lost" as you admitted. Taxes and debt: ================================================================================================= "but has no plan to cut spending" False. Trump does have a plan to cut spending. He plans to cut spending into some social programs not including cuts to medicare nor education nor social service. But cuts to programs that do not work like obamacare. .[7] [8] "he will increase the national debt" but that estimation does not include the fact that Donald Trump will not be paying for the wall between america and Mexico. If that fact was considered in the estimation, the numbers should be slashed. Trump said clearly he will make Mexico somehow pay for the wall so the cost of the wall should not be cosidered in the estimation since Trump is not paying for the wall. Moreover, when you are trying to drive america up from the economic slump it is in currently, debt must be taken to solve america's economic problem. I can elaborat more on this in future rounds as i am currently running out of characters. Sources [1] http://www.cfr.org... [2] http://www.inc.com... [3] http://www.huffingtonpost.com... [4] http://www.epi.org... [5] http://knowledge.wharton.upenn.edu... [6] http://www.epi.org... [7] https://www.donaldjtrump.com... [8] https://www.washingtonpost.com...