Tuesday, April 4, 2017

The Blame Game

If it's good news, take credit for it.
If it's not, blame the other guy.

   America's international trade deficit narrowed again in February, according to the latest figures from the Commerce Department. The deficit was $43.6 billion in February, down from $48.2 billion in January. Exports were up and imports were down, the agency said.
   Commerce Secretary Wilbur Ross praised the improvement, but insisted that it remained a problem that needed to be fixed.
   "We continue to be very focused on eliminating our nation's trade imbalance," he said in a statement, referring to presidential orders calling for a review of trade deficits and "violations of our trade rules."
   But seriously, folks, how big a problem is it? A major reason for any trade deficit is that citizens of one country buy more stuff from other nations than they sell. Why? Simply because they have more money.

   Meanwhile, the day's news brought reports of poison gas attacks on civilians in Syria, prompting the U.S. Blamer in Chief to say it was former President Barack Obama's fault for not taking out the Syrian president earlier.
   The more relevant question, however, is this: What's to be done now?
   Don't fix blame. Fix the problem.

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