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Home Front: Politix
Biden proves yet again he's an idiot, this time on China
2019-05-30
[American Thinker] Recently, Democratic presidential contender Joe Biden said, "China is going to eat our lunch? Come on, man...they can't even figure out how to deal with the fact that they have this great division between the China Sea and the mountains in the east, I mean in the west." Biden continued, "They can't figure out how they're going to deal with the corruption that exists within the system. I mean, you know, they're not bad folks, folks. But guess what: they're not. They're not competition for us."

He might want to look for advice to former British prime minister Winston Churchill, who said, "You must look at the facts, because they look at you."

Here are the facts:

Over the past decade, annual US exports to China have risen from $69.5 billion to $120 billion.

Over the same period, Chinese exports to American have grown from $296 billion to $539 billion. Over the decade, the Chinese have sold us $4.4 trillion in goods and services, while we have sold China $1.1 trillion.

In 2018, China sold us $540 billion, while we sold the Chinese $120 billion, for a net deficit of $419 billion.

The net result has been a transfer of $3.3 trillion of wealth from America to China.

What are they selling us, and what are we selling them?

According to the U.S. Trade Representative Office:
Posted by:Besoeker

#6  If the man won't stick to his teleprompter he's gonna get buried in a landslide. He's his own worst enemy and Trump won't have to say anything.
Posted by: Abu Uluque   2019-05-30 11:43  

#5  The VP selection by them will be telling.

Stacey 'Boxcar' Abrams would be my guess.
Posted by: Besoeker   2019-05-30 10:23  

#4  He IS the perfect candidate for them for 2020. They know - barring economic cratering - that Trump will win in a landslide. Why throw away a perfectly good Socialist candidate on an election they know they can't win? The VP selection by them will be telling.
Posted by: Warthog   2019-05-30 10:19  

#3  I think Robert Mueller resigned from his gig so he could run for President.
Posted by: Bobby   2019-05-30 09:43  

#2  Sadly, he's one of many.
Posted by: Skidmark   2019-05-30 09:26  

#1  Biden is an idiot? And the Dems think they have the perfect candidate. At times, God has a slightly warped sense of humor.
Posted by: JohnQC   2019-05-30 08:30  

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