[Mad Dawgg]

"Americans have run an annual trade deficit in goods and services with the rest of world in every year since 1976. That unbroken string of deficits has colored much of the trade debate in the United States in the last two decades..."

Cato Institute "America's Maligned and Misunderstood Trade Deficit"

[dennisw]

I was off by four years, I said 1980 and they say 1976. Not much difference. At least I had a good idea when we started running trade deficits.

When did you think it was??

[dennisw]

I read half of that Cato Institute article.

Do you and your family run a trade deficit? Are the credit card companies after your ass? Are they cutting your line of credit due to lack of credit-worthiness?