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To: rb22982

Over $1 trillion in exports last year. Not bad considering we don’t make anything here anymore.


17 posted on 09/28/2007 4:57:22 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

That’s a 49% increase in 4 years. That’s pretty darn impressive for exports. I expect this year should be solid as well. If oil wasn’t so high, we might even be close to running a trade surplus.


18 posted on 09/28/2007 5:09:40 PM PDT by rb22982
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To: Toddsterpatriot

None of the links work.


19 posted on 09/28/2007 10:16:49 PM PDT by texastoo ((((((USA)))))((((((, USA))))))((((((. USA))))))))
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To: Toddsterpatriot; ex-snook
We gotta get it from somebody since all we got to export is jobs and dollars.

Over $1 trillion in exports last year. Not bad considering we don’t make anything here anymore.

I agree that we obviously do still make things for export and that exports have had increased significantly in nominal terms over the past four years. However, it's worth looking at exports and imports as a percent of GDP as shown in the following graph:

The actual numbers and sources are at http://home.att.net/~rdavis2/tradeall.html. As can be seen, as a percent of GDP, exports are still below their 1997 high. Imports, on the other hand, have increased significantly over that period. As a result, so has the trade deficit.

20 posted on 09/30/2007 12:51:59 AM PDT by remember
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To: Toddsterpatriot

How low would you like the dollar to go?


23 posted on 09/30/2007 9:42:17 AM PDT by mysterio
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