[On the Road to Serfdom]

It is not convoluted logic. "Paradigm shifting"? You seem to be just throwing words around without a coherent point.

There is a one-to-one relationship between the trade deficit and net foreign job-creating investment in our country. As long as our country is a safe attractive place to invest foreigners will want US dollars for the purpose of investing here. This drives up the value of the dollar resulting in our goods costing more to foreigners resulting in a trade deficit.

If foreigners suddenly wanted to invest their savings in other places then the value of the dollar would fall, our exports would be cheap for foreigners to buy, and we would start running a trade surplus. Then you could be comforted by seeing a "+" in front of our NX number. This would NOT be good for our economy.

[Willie Green]

"Paradigm shifting"? You seem to be just throwing words around without a coherent point.

What don't you understand?
My economic perspective is unabashedly pro-American.
Globalists OTOH, view economic data from a "neutral" perspective, interpreting it to their own advantage regardless of national consequences.

"Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains."

--Thomas Jefferson to Horatio G. Spafford, 1814. ME 14:119

The Bush Administration represents the vested interests of transnational corporations.
Under current economic conditions, these interests do not coincide with the best interests of America or the American Middle Class.