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To: DiogenesLamp; BroJoeK; x; rockrr

How is it deceitful? It clearly shows that your assumptions on accounting for tariffs paid are flawed. Constant ongoing deficits are not “roughly equal.” Remember when you said that GNP was irrelevant because the point was tariffs paid? Well, your question about the percentage of deficits to total import/export trade is irrelevant because the conversation is about determining who was paying for tariffs.

YOU set the standard that exporters were also paying tariffs, because they had to balance. Ten million dollars per year paid for imports did NOT come from exports. That’s over $200 million today. Where did it come from?


440 posted on 04/23/2018 12:42:52 PM PDT by SoCal Pubbie
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To: SoCal Pubbie
How is it deceitful? It clearly shows that your assumptions on accounting for tariffs paid are flawed.

It clearly shows no such thing. It does in fact support my assertion that trade must balance over time.

I also notice you still haven't done it. That's okay, because I have. It works out to 6.9% over 40 years. That's the differential between imports and exports over a 40 year period.

That means the average ratio of import export trade for 40 years was 53.45/46.55 in other words, roughly balanced.

You originally started out arguing for that 13% between what you admitted were the cotton exports value and the 73% that I told you was made up by exports of Tobacco, Sugar, Indigo, Hemp and Molasses, and now you are arguing over 6.9 %.

You are focusing on the trivial in an effort to ignore the significant.

441 posted on 04/23/2018 1:08:43 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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