Just think how many more people we could shift from the private to the public sector. Obama, and his merry band of statists could be in control for life.
There was a Wal-Mart thread a few days ago, where someone exclaimed something along the lines of "if Wal-Mart likes Mexico so much, it should open stores there!" I looked at the Wal-Mart website and discovered that Wal-Mart has well over a thousand locations in Mexico. Gave me a real chuckle.
The term trade deficit is a Marxist class warfare term. It is meant to create just the kind of foolishness we are arguing about here.
You cannot have a trade deficit. By definition any trade without coercion is beneficial to both parties.
My “trade deficit” with my grocer, car dealer and local hotdog stand are enormous. Those jerks never bought a thing from me, but I am happy and so are they.
We is the loss. Let’s keep ‘splaining it to them, OK?