It’s Great and it’s White
Deadline from Sunday:
“We lose $200 billion a year with Canada, and I’m not going to let that happen,” Trump said. “It’s too much. Why are we paying $200 billion a year, essentially in subsidy to Canada? Now, if they are a 51st state, I don’t mind doing it.”
The U.S. does not provide a $200 billion subsidy to Canada, but it appears that Trump was referring to the trade deficit with the country, which is not the same thing. In December, the goods and services trade deficit was $98.4 billion, per the Bureau of Economic Analysis.
Hard to believe, but there are libraries filled with things Trump doesn’t know, eh?
In talking about annexation and tariffs, Trump seemed to be drawing his inspiration in part from 1995’s Michael Moore’s Canadian Bacon invasion satire and the Blame Canada themed South Park: Bigger, Longer, Uncut movie of 1999.