Seriously, This Explains a Lot
Republican Senator Ben Sasse of Nebraska was interviewed on NPR Newshour today (7/24). You probably can find it on line.
According to Sasse the $12 Billion in welfare for all U.S farmers would barely cover the losses of Nebraska's bean farmer's this year due to Trump's tariffs, much less other farmers in his state alone. Never mind the rest of the country.
After several meetings with the President he has come to understand that that Mr. Trump does not understand the difference between the balance of trade and the balance of payments. In his example, the President looks at the balance of trade (in products) with Mexico, which is is in Mexico's favor, and sees it as a bad real estate deal in which we were cheated. He explained to the President more than once that when you take into account the services Mexico buys from us, and the flow of investments from Mexico to the USA, that the balance of payments is in our favor. Trump consistently brushed this aside, and fixated on the balance of trade (in products), time and time again comparing it to a bad real estate deal.
Messrs. Tillerson and Bloomberg variously called our Great Leader "a 'effing' idiot" and "a 'effing' moron". At first I took that to be hyperbole, but now I wonder........