To: yefragetuwrabrumuy
In turn, our export industries would be wiped out because foreign nations would no longer be able to afford our goods. The US would probably have enormous inflation. The foreigners are not buying our stuff now due either to we don't make it anymore or it is tariff'ed by them already(other nations). So this part of your argument holds no water. The rest is ok but the economic stimulus of rebuilding our industries would be like WWII econnomically. It would be fabulous.
46 posted on
01/19/2015 10:06:05 AM PST by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
US exports of goods and services in 2013 were $2.3 trillion. So it was $2.77 trillion in, and $2.3 trillion out.
48 posted on
01/19/2015 10:24:17 AM PST by
yefragetuwrabrumuy
("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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