Oh, and were you not the same guy who was celebrating the book about Hamilton last year or was that one of your like-minded 'unspun' FRiend here? If it was you (although it could have been Fulluja Nuker or some other Economics genius), how do you reconcile Hamilton's views with those of Jackson's? And, for the record, I'd rather be in the 'spin cycle' than have terminal pretzel logic.
Gladly...
Rather than promoting domestic investment and development of our own productive infrastructure, the Bush Administration is utilizing Deficit Spending to prop-up consumption and the Trade Deficit. Instead of "trickling down" to benefit our own citizenry, trade deficit dollars finance the closure of our domestic industries and their offshore migration. A portion of these funds are then "loaned" back to the Bush Administration to continue the deficit spending and plunge American taxpayers deeper in debt.
It's a trade war that the Bush Administration is waging against the peaceful prosperity of the American Middle Class.