[WILLIALAL]

Look how weak the US dollar is today, and almost no one seems to care. With a trade deficit running at 3/4 of a trillion dollars a year, and our GDP at 12-13 trillion, it doesn't take a very smart person to do the math and see that in 15 years our dollar will be worthless.
with 70% of our economy based upon consumer spending, doesn't look good for the future.

[Uncle Ike]

” 70% of our economy based upon consumer spending “

The economy is based largely on consumer *debt* — an unstable and unsustainable condition....

[bert]

A weak $$$ is good. It makes for lots of jobs.

Dr Walter Williams has patiently explained many times that the trade defficit has no bearing on the economic well being of the country any more than your personal trade deficit with your grocer.