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To: dennisw
All I gotta say is a serious nation does not run 850 billion dollar trade deficits.

Does a serious nation run a $850 billion dollar capital account surplus? You do realize that in recent history our trade deficit narrows only during economic downturns. The last trade surplus we had was during a recession.

As for exporting all our manufacturing....Did you miss this discussion?

Factory Orders up 0.7% in May

Annualized, that is $4.8 trillion a year in manufactured goods. Our manufacturing sector alone is larger than the total GDP of every other country, except Japan ($5.1 trillion) and with our solid GDP growth we'll surpass them very soon. You see, Japan's economy has been sucking wind for more than 15 years now.....but they do have a trade surplus! LOL!!

32 posted on 07/05/2006 8:25:23 PM PDT by Mase
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To: Mase

Please do not use facts, we only need emotional outbursts here :)


36 posted on 07/05/2006 8:40:46 PM PDT by jveritas (Support The Commander in Chief in Times of War)
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