The well being of the US is important. Please tell if you think I have harmed the US. In Sept. 2003 I gave $11,300 to a bunch of Brazilians for part of a Brazilian cell phone company (Tele Centro Oeste Celular Part. SA). Two months later I sold it back to them for $13,700. I got to keep $1,800 to spend on American goods and the rest went to pay for federal taxes to bring down the national debt.
If you think this is bad for the US please tell me how. I just bought some more stock in the same company and the price is already soaring --I need to know if you think I should sell it now before the price goes any higher. Keep in mind that every time I do this I make the trade deficit worsen, as the only way Brazilians can get these dollars to give me is by selling their products cheaper and cheaper.
Tell me, why should America become dependent on world trade, instead of manufacturing in American and trading with each other? What's the point?