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To: arrogantsob
If the trade deficit was cut to zero tomorrow, this country will still go in the tank if we continue on this path.

The only difference will be that then, you will have a bunch of True Conservatives™ running around asking, "what happened?"

126 posted on 06/17/2011 10:06:06 AM PDT by 1rudeboy
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To: 1rudeboy
Even the concept of a balance of payments deficit is no longer valid under a floating exchange rate regime.

The level of economic knowledge among the population of the nation and even FR is abysmal. Xenophobia and reliance on class warfare are rampant.

132 posted on 06/17/2011 10:36:15 AM PDT by arrogantsob (Why do They hate her so much?)
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