That is ONE TRILLION DOLLARS every three years -- nearly $3 trillion over a two-term presidency.
President Trump wants to end that.
Democrats oppose this. National Review too. But the biggest billionaire in China wants to work with President Trump to reduce the daily deficit.
President-elect Donald Trump said he had a "great meeting" with Alibaba executive chairman Jack Ma on Monday, when they discussed 1 million new U.S. jobs.
Ma said that Alibaba's expansion would focus on products like garments, wine and fruits, with a special focus on trade between the American Midwest and southeast Asia.
"We're focused on small business," Ma told reporters. "We specifically talked about ... supporting 1 million small businesses, especially in the Midwest of America. Small businesses on the platform selling products — agriculture products and America services — to China and Asia, because we're pretty big in Asia."
Where those jobs would come from is unclear. While an Alibaba spokesperson told CNBC before the meeting that the Chinese online retail giant company would create 1 million jobs over five years, Ma's comments focused on supporting small businesses.
"Alibaba will create 1 million U.S. jobs by enabling 1 million American small businesses and farmers to sell American goods to China and Asian consumers on the Alibaba platform," the company said in a statement.Since NAFTA, America has lost a third of its manufacturing jobs. Don't blame automation because throughout history, automation has created new jobs.
President Trump is reversing the polarity on trade.
The Washington Establishment will never admit it was wrong about climate change.
And these same clowns will never admit they were wrong about President Trump.
I don't care.
His eight-year reign officially begins in 11 days.
Please read "Trump the Press," in which I skewer media experts who wrongly predicted Trump would lose the Republican nomination. "Trump the Press" is available as a paperback, and on Kindle.
It covers the nomination process only. The general election will be covered in a sequel.
For an autographed copy, email me at DonSurber@GMail.com
Be deplorable. Follow me on Twitter.