[Betaille]

Willie... please pick up an economics textbook. The imbalance of trade is accounted for in the other parts of the GDP equation, it's not a dead-weight loss to GDP as you claim here.

[An Old Marine]

Willie... please pick up an economics textbook. The imbalance of trade is accounted for in the other parts of the GDP equation, it's not a dead-weight loss to GDP as you claim here.

Thank you. I get tired of trying to explain economics to liberals. Its like trying to explain sex to virgins.

[mississippi red-neck]

If it is good then why not increase it by putting a tariff on exports?

If it is bad then why not put a tariff on exports?

If it is neither then why does the government and Greenspan bother keeping up with it and why refer to it as a deficit?

Deficit = An excess of liabilities over assets (usually over a certain period).

[Iscool]

please pick up an economics textbook. The imbalance of trade is accounted for in the other parts of the GDP equation, it's not a dead-weight loss to GDP as you claim here.

You need a book to tell you the river is rising, or can you just look down and see that the water is up to your knees???