[Willie Green]

The trade balance is accounted for in other parts of the GDP equation, yet you implied that GDP is reduced by the amount equal to the trade deficit.

Yes, anybody familiar with the fundamental bookkeeping techniques invented by Luca Pacioli can make that assertion. But to use that to imply that the Trade Defict doesn't diminish GDP is silly. It's right there in the basic calculation of GDP. Trade Deficits are SUBTRACTED. What don't you understand about that?

[Nathan Zachary]

"But to use that to imply that the Trade Defict doesn't diminish GDP is silly." Just as silly as saying that because I bought 5 cheap coffee makers made in china, a didn't put in a new pool. Imports do not have a direct effect on GDP. They reflect consumer activity. People consume this goods on top of, rather than instead of domestic product. Hw many Americans are willing to work at Acme cheap toaster company made in the USA? Not many. They work at Boeing, who sells jets to foriegn countries, which make up our GDP