Name: Biden's False Statement About the Trade Deficit - FactCheck.org
Brand: factcheck.org
SKU: factcheck-org-56
Availability: OnlineOnly

critic

Biden's False Statement About the Trade Deficit - FactCheck.org

preview

In a campaign speech in Warren, Michigan, Democratic presidential nominee Joe Biden falsely that the United States’ trade deficit had “hit an all-time high” under President Donald Trump.It is true that the trade deficit for goods and services under Trump compared with the levels under his predecessor, Barack Obama, whom Biden served as vice president. But the deficit was between 2004 and 2008 under President George W. Bush than it has been under Trump.Biden, Sept. 9: Under President Trump, U.S. trade deficit has grown. It’s hit an all-time high. Let me say that again. U.S. trade deficit is at an all-time high under Trump in the last three years.As a candidate, Trump vowed to bring down the trade deficit, the difference between imports and exports of goods and services. In a campaign appearance in Manchester, New Hampshire, on June 30, 2016, Trump of the trade deficit, “You will see a drop like you’ve never seen before.” But during Trump’s presidency, the trade deficit has gone in the other direction, despite to the contrary.During Trump’s first three years in the White House, the trade deficit in goods and services came in at $514 billion in 2017, $580 billion in 2018 and $577 billion in 2019, . By contrast, the figure for the last three years of Obama/Biden was $484 billion in 2014, $491 billion in 2015 and $481 billion in 2016.But trade deficits were much higher during the Bush years, ballooning to $764 billion in 2006, an all-time peak. The figure was also over $700 billion in 2005 ($717 billion), 2007 ($711 billion) and 2008 ($712 billion). Then trade fell off thanks to the recession. The trade deficit plummeted to $395 billion in 2009.We asked the Biden campaign for support for the candidate’s assertion but received no response.Editor’s Note: is an occasional series about false and misleading political messages in key states that will help decide the 2020 presidential election.Ask SciCheckQ. Are vaccinated and boosted people more susceptible to infection or disease with the omicron variant than unvaccinated people?A. No. Getting vaccinated increases your protection against COVID-19. Sometimes, certain raw data can suggest otherwise, but that information cannot be used to determine how well a vaccine works.Have a question?

In a campaign speech in Warren, Michigan, Democratic presidential nominee Joe Biden falsely that the United States’ trade deficit had “hit an all-time high” under President Donald Trump.It is true that the trade deficit for goods and services under Trump compared with the levels under his predecessor, Barack Obama, whom Biden served as vice president. But the deficit was between 2004 and 2008 under President George W. Bush than it has been under Trump.Biden, Sept. 9: Under President Trump, U.S. trade deficit has grown. It’s hit an all-time high. Let me say that again. U.S. trade deficit is...

public

Rem Rieder

FactCheck.org is a nonprofit website that describes itself as a "consumer advocate for voters that aims to reduce the level of deception and confusion in U.S. politics". It is a project of the Annenberg Public Policy Center of the Annenberg School for Communication at the University of Pennsylvania, and is funded primarily by the Annenberg Foundation.

https://en.wikipedia.org/wiki/FactCheck.org

factcheck.org

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Biden's False Statement About the Trade Deficit - FactCheck.org

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS