Is Shapiros claim "tariffs are stupid and the deficit doesnt matter" correct?

Is the deficit an irrelevant statistic like Shapiro claims, who believes we can run a high deficit without any penalty?

your claim is invalid. you did not study 4 years of ben shapiroism in college. so how coiuld you know anything about him. kys, if you have the propper knowledge and education for that.

>or is he wrong here?

>youtu.be/NkbrujZtI9A
He's a self-interested Jew. He doesn't care about "conservatism" (to which doesn't truly exist), nor does he care about the average Americans. He holds no position, except any position that serves himself.

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Your rambling has zero to do with the thread. Read the article and try again.

he should be deported to Israel. He's a Neocon and traitor to the US

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Irrelevant to us because most of our trade is domestic. Relevant to other countries because if we won't buy their cheap garbage their entire economies collapse. Meaning we have leverage to get more from them.

yes.
but you can have a stronger economy by having.... something worth exporting. if you're not selling anything it could be dangerous.
i guess the economy could be entirely local based,

but we spend USD overseas, and with a lot of foreign ownership in USD they could manipulate it maybe.
i dunno thinking out loud

Oops i replied to the wrong poster. Retarded.

All "conservatives" are frauds. They arent conserving anything other greedy austrian kike economics. They picked up reagans views on race and social issues too.

"Its ok to let people come and vote away all the values you hold dear. Otherwise you are being racist and preventing freedom".

He won't say that when the poor are ground far enough into the ground to just go communist.

to err is only human.

Does this not have its own significant pitfalls? What is the counterargument to tariffs replacing income tax?

>Does a deficit not matter, or is he wrong here?
If the banks/FED allow it it doesn't.
Also STOP posting ((( Shapiro))) he's not that interesting or particularly bright or courageous, he's cuddled controlled opposition.
Manboy manlet faggot.

ZIONISM IS DEAD YOU FUCKING KIKE BITCH. KYS AND FUCK OFF WITH YOUR BULLSHIT. EVERYONE HAS HAD ENOUGH.

You're thinking neocons and they don't care because their home nation is Israel not America. The blue collar american worker votes republican again, hence why Hillary lost in Wisconsin and Michigan.

He is a Zionist shill and a Faggot, but he is basically right on this one.

You see, every set of voluntary exchanges is based upon the utility - that is, of the subjective perception of purpose - of the goods that are exchanged. Value itself is fundamentally subjective, and not an objective measure.

A deficit in the trade balance is nothing more than the fact that the country is buying more goods from other places, than selling goods to other places.

At other times, when money was based on gold and silver, the effects of this phenomenon were more sensitive. A country in high deficit of trade balance would tend to experience deflation in the long run. But then, I ask: is this necessarily bad?

The Western World, shortly before the Discovery of America, was experiencing a huge deflation, owing to the large volume of goods it acquired from the East.

And look where it took.

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Imagine posting an article and asking if he's wrong, then crying like a girl when people tell shapiro to fuck off.
>take
>me
>SERIOUSLYYY
No, tariffs are obvious and universal. Free trade is a globalist meme and has nothing to do with serving a nation's people. Shapiro is doing the old schtick of kvetching a lot about how free market are economists are the REAL experts. He only argues with facts after all.

Considering shapiro is invoked constantly as an authority due to speaking at 150 WPM and burying people in sheer volume of words, it is a good idea to figure out counterpoints to his views.

What is the connection between the banks and a deficit?

You are being foolish, its clear I am not arguing for zionism, but demanding actual substantive counterpoints to common beliefs that neo-neocons are pushing.

I think its okay to have some tarrifs if the other country has tarrifs on your product aswell and you have a big trade deficit. Its nothing really new.

What if I don't want to be dependent on other countries?

Perhaps the deficit empowers geo-political enemies to the point of supplanting a nations own industries and sovereignty given enough of a significant timeframe.

Or, is there entirely no evidence for the above claim?

He should be b& with bullets. Jews get a bullet b&

Do you even know how the US banking system works?!
Shapiro is mostly right but he's shallow, washed up.
He's still a snotty kid but in his 30s.

>What is the counterargument to tariffs replacing income tax?
The only "counterargument" is "NOT ENOUGH FO DEM WELFARE PROGRAMS". That's literally it. Back then, the federal government spent its money on the military, infrastructure and farm subsidies.

You are not making a very compelling argument here.

Ban this jew fuck

Well then it's a good thing that it doesn't matter at all what you think.

Ban jews

If you know how it works to the point where it affects the deficit, feel free to explain it.

Ban all the jews

You are thinking emotionally. The threads intent is to find the truth and question shapiros claims, you would do well to put forth some substance.

Or, keep acting like a petulant child.

>Does a deficit not matter, or is he wrong here?
It doesn't matter to elitist jews like him but it matters to anyone that is middle class or lower. The reason being that the large amount of money the fed prints to cover excessive government spending devalues the currency and drives inflation. When this happens your groceries get more expensive and any money you have in the bank loses value alongside the decrease you take in the value of your paycheck while your standard of living falls.

Of course jews will remain largely unaffected by this because they redistribute the newly printed money to themselves after laundering it through government spending that they divert to their own pockets via preferential contracting treatment and investments in corporations that provide the government with services. This doesn't even mention the shady disbursement through international finance that they route to themselves as well. During all this they make sure to tweak the margins so they give themselves enough money to offset inflationary losses.

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why would the deficit be bad when jews give you loans

Pogrom time

No you are trying to keep on your big boy pants ITT because you think shapiro and shapiro's position are important, so "we" must figure out ammunition. The actual answer people here have is "fuck off benji", but you don't like that, so now you're pretending to disagree with shapiro but act like a judge for convincing arguments anyway. You tell posters they're emotional cause they're not up to your high standards, but the truth is still that NOBODY CARES ABOUT BEN FUCKING SHAPIRO.

Time for pogrom

The FED can print as much money as it wants that's why it had 0% interest rates in recession years and has low rates even now.
The dollar is leveraged in the petro dollar scheme so inflation is a non issue.
So the FED can loan as much money to the US gov as it wants the deficit being a non issue if the FED wants it, but if the FED changes it's mind all hell might break loose since the US at 104% debt/GDP can't actually afford any budget.

Shapiro loves being "in the middle", he wants to be popular with both sides because he knows that's how you make the most money.

Kill every fucking jew

The popularity of Shapiros videos amongst highschool kids and younger conservatives afraid of embracing racial identity disagrees with you.

Plus, your capslock spamming is a pretty dead giveaway youre just being an emotional piglet.

Jews need to fucking die

He's wrong.

Whoever he is shilling for (I'm guessing the Koch) essentially want access to cheap labour and products to keep concentrating GDP into the hands of fewer and fewer industrialists.

They couldn't give a fuck about you Jow Forums. They'll just dilute the voting power of the US working class with imports from latin america.

As far as lower tariffs are concerned - sure the PRICE of a new TV will be $100 cheaper, but the COST will be a wiped out middle class

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You are just so reddit it's painful to watch, and then on top of that you believe that you're the adult one in the room.

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tl;dr

>running a deficit is theft from anyone who only has monetary reserves.
>The Jew is physically incapable of comprehending losing money by printing more cash

Shapiro could say the sun has come up today and I'd have to go outside and check.

Let's see how many posts follow my next....

Death to juden parasite trash

Why would money have to be printed to cover the deficit, to afford the purchase of goods?

I don't think anyone knows who the fuck Ben Shapiro serves, fellow leaflet

youre just incapable of articulating yourself, and seem insecure.

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Doesnt running a deficit actually increase the value of your currency?

Well good luck organizing your movement, who knew that's what this place was for until you redditors showed up to teach?

>The U.S. budget deficit by year is how much more the federal government spends than it receives in revenue annually.
Are you mentally challenged.
You sharts get dumber by the year.

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Shapiro is the first kike I want to see gassed

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Look at that entitled jew look on him.

Deficits becomes debts.
Debts will be passed on to your children, ask yourself, do you think your children would like to pay the debts of your generation?

The Hooked nose control the banks who benefits from this debt. So of course he doesn't mind. The hooked nose looks after each others' interests.

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This is why its important to read the articles in threads like this, as its about the trade deficit not the budget deficit

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>a jewish trudeau appears

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The only empowerment I see to be possible is in the area of specialization. As free trade flows, regions of the world specialize in producing certain goods - and not producing others.

For example, Argentina and Brazil, in the early twentieth century, became powers in agricultural production. Argentina, with meat, and Brazil, with coffee. But what did they produce in addition? Nothing. Absolutely nothing. All the machinery had to be imported. Even the workers, for complex tasks, joined the countries as immigrants.

I'm not saying that this arrangement is per se harmful or inefficient. But when we consider Realpolitik, this creates a bond of dependence between nations - some provide what others do not produce. And this can become a very serious problem in an international conflict - something particularly common in human civilization.

I believe it is necessary to protect some sectors and niches - not for the benefit of the economy or society in general, but for granting supply for the country in case of crisis or war.

Other than that, no, the tariffs are useless.

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>trade deficit
Who cares about that?!
WTF is your problem?

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Why is the talmud the most based book of all time?

Thats exactly the point, is shapiro right in saying that it doesnt matter, or is a long-term deficit a problem?

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It's ok if foreigners buy all our assets and tell us what to do

Whiny Ben is the best the globalist kikes have to offer?

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Free trade is always the answer, if it however cannot be established in places like China or vs EU etc then fairness should be prioritized tit for tat. If unable to that as well then full on war with all tariffs should be used if you can afford it.

Tldr he is wrong but heart in the right place

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No the deficit doesn't matter. No economic academic has thought it was in the past 300 years.

t.Bsc grad of economics

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A trade deficit is like you buying manga all day while not selling hamburgers to Japan. If Japan doesn't buy your hamburger no money will be available for purchasing more manga.

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Deficit is a problem when it devalues the currency of said country, but the dollar doesn't have that problem because it has the petrodollar deal and because of agreements where the dollar is allowed to float against other currencies.
You just don't get it?!
That's why China loves to export to you guys.
you're the bullies of the world.

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Wow you're very gay