[Toddsterpatriot]

I just want to say again what a cute chart this is.

Now, see where it says (Mar73=100)? Now look at the period between 2000 and 2003. The dollar is above 100. Was the 2000-2003 deficit less than the 1973 deficit? Why not, if the relationship is as you claim?

Stop the presses. Oh Paul, this is even funnier than when you quote EPI and other left wing sources.

The larger lesson is that the dollar has no obvious relationship with the trade deficit. The exchange rate rose and fell from 1990 to 2005 on a trade-weighted basis, while the trade balance simply fell and fell further. By calling for the yuan to float, some voices are actually calling for the dollar to fall further, but there is scant evidence this will bring balance to the trade accounts.

That's rich, the chart you've been citing proves the opposite of what you've been saying. I'm just sorry it took me until now to really look at the numbers and then find the source.

The Biggest Paul Ross Error Yet (and that's saying a lot)

[hedgetrimmer]

Now why would anyone believe the globalists at the heritage foundation, unless they are globalizaniacs themselves?

[Toddsterpatriot]

Check out #390.
After he said to you: Four years of clear correlation.
Posted by Paul Ross to Asclepius
On News/Activism 06/08/2005 10:10:13 AM CDT · 103 of 391

The author of the article the chart was in says "The larger lesson is that the dollar has no obvious relationship with the trade deficit."

[Paul Ross]

Why not, if the relationship is as you claim?

Stop the presses again. You misread what I said. LOL!

I never claimed a "predictive" relationship. I am pointing out the actual HISTORY of the last four years! A history which you guys had denied for years previous. I had always felt that the dollar's previous upward float was inspite of the fundamentals...and eventually the the trade imbalance deepening would eventually override the factors driving it up. I.e., a "tipping point." I have asked you previously if that "tipping point" had been reached. And you blew it off. And now it can be seen that the dollar has been declining as the trade deficit deepened. In tandem. The last 4 years. Totally debunking you and all your fellows you just pinged, as you flared your distress signal...hahahahahahaha!!!!!

And it is your free trade side, not me, that has been calling for the yuan to float. Yes, that will definitely be felt. As China's dollar-peg has been the U.S.'s CPI-moderating lifeline.

As for your quibble, Was the 2000-2003 deficit less than the 1973 deficit? take it up with the U.S. Commerce Dept.