The manufacturing trade deficit is up significantly in the first two years of the Trump Presidency. Pretty clear that stimulus and a strong dollar has had a bigger effect than his trade protectionism.

Stimulus has meant strong import growth. Strong dollar has meant weak export growth. Shows up clearly in the nominal data.

Deficit in goods trade ex ag and petrol is closing in a on a trillion dollars (tis just under 5% of GDP)
And since the strong dollar is holding down import prices, the "real" change is likely even bigger ...

Export growth hasn't kept up with import growth since the dollar appreciated in 2014. In fact exports of manufactures haven't grown at all in last 4 years
I know there are technical problems with this measure but it still gives some indication of scale; the "real" non-petrol goods deficit (ex ag) is up $180b (e.g. just under a pp of GDP) in Trump's first 7 quarters.

& that follows on a big increase after the dollar's 14/15 move
p.s. adding services here wouldn't change much (and there isn't any true data for most services for q3, a lot of services trade is estimated in the monthly data)
adjustment that matters is taking out petrol --

real petrol deficit fell in 2017 (less so in 2018)

and huge swing in real and nominal over time

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Funny, before the election I recall lefties muttering the caravan must have been a Trump setup because it made the open borders crowd look so bad. Why would the pro-migrant crowd engineer a crisis that played into Trump's hands? THIS is why. THESE are the "optics" they wanted.


This media manipulation effort was inspired by the success of the "kids in cages" freakout, a 100% Stalinist propaganda drive that required people to forget about Obama putting migrant children in cells. It worked, so now they want pics of Trump "gassing children on the border."

There's a heavy air of Pallywood around the whole thing as well. If the Palestinians can stage huge theatrical performances of victimhood with the willing cooperation of Western media, why shouldn't the migrant caravan organizers expect the same?

It's business as usual for Anarchy, Inc. - the worldwide shredding of national sovereignty to increase the power of transnational organizations and left-wing ideology. Many in the media are true believers. Others just cannot resist the narrative of "change" and "social justice."

The product sold by Anarchy, Inc. is victimhood. It always boils down to the same formula: once the existing order can be painted as oppressors and children as their victims, chaos wins and order loses. Look at the lefties shrieking in unison about "Trump gassing children" today.
THREAD

1)
@SidneyPowell1 reflects on #Iran’s meddling in the U.S. in a recent tweet to U.S. President Donald Trump.

This thread focuses on Iran’s dangerous influence in the U.S., especially through its DC-based lobby group


2)
Why is this important?

@DNI_Ratcliffe "told CBS News that there was foreign election interference by China, #Iran & Russia in November of this year [2020]."

All Americans should be informed about how Iran & its lobby group NIAC are meddling in the


3)
#Iran has been increasingly aiming to interfere in U.S. elections specifically through NIAC.

DNI John Ratcliffe had previously shed light on this vital


4)
NIAC is a lobby group in the U.S. pushing Iran’s talking points.

Listen to this Iranian regime insider explain that NIAC was established by @JZarif, the foreign minister of


5)
@tparsi is the official founder of NIAC in the U.S.

Listen to how Trita Parsi parrots Zarif’s talking
"3 million people are estimated not to have official photo ID, with ethnic minorities more at risk". They will "have to contact their council to confirm their ID if they want to vote"

This is shameful legislation, that does nothing to tackle the problems with UK elections.THREAD


There is no evidence in-person voter fraud is a problem, and it wd be near-impossible to organise on an effective scale. Campaign finance violations, digital disinformation & manipulation of postal voting are bigger issues, but these are crimes of the powerful, not the powerless.

In a democracy, anything that makes it harder to vote - in particular, anything that disadvantages one group of voters - should face an extremely high bar. Compulsory voter ID takes a hammer to 3 million legitimate voters (disproportionately poor & BAME) to crack an imaginary nut

If the government is concerned about the purity of elections, it should reflect on its own conduct. In 2019 it circulated doctored news footage of an opponent, disguised its twitter feed as a fake fact-checking site, and ran adverts so dishonest that even Facebook took them down.

Britain's electoral law largely predates the internet. There is little serious regulation of online campaigning or the cash that pays for it. That allows unscrupulous campaigners to ignore much of the legal framework erected since the C19th to guard against electoral misconduct.

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