Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: quefstar
I was reading this but was distracted by the volume of Nero's fiddling.

Economists from Adam Smith to Milton Friedman have taught us that any decision to reduce imports involves a corresponding decision to reduce exports. We could reduce imports, but it would involve the economy falling into a recession.

Japan and Germany both have large trade surpluses. Would you prefer 15 years of Japanese deflation or Germany's 11% unemployment rate?

13 posted on 12/14/2005 10:18:14 AM PST by Mase
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Mase
Would you prefer 15 years of Japanese deflation or Germany's 11% unemployment rate?

How about equal access to the Chinese market as they have here? Heck I'd settle to the same access to our own market as they have.

18 posted on 12/14/2005 10:28:41 AM PST by Last Dakotan
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson