[Still Thinking]

OTOH, according to what I've read, the "experts" (though I don't know if they all agree) say we lose more in American business and jobs when we try to stop businesses from outsourcing to other countries, or when we try to halt or slow the flow of products and services from other countries into ours. The quote-unquote "experts" do make a valid point there.

Given that we run an $800B trade deficit, how can that be?

[Tired of Taxes]

Thanks for the chart. Here’s their argument (and, as I said, I’m open to more information on this argument), and I’m paraphrasing this argument from various articles I’ve read and interviews I’ve heard through the years:

If we tell American businesses they cannot outsource to other countries, they’ll just move outside the country. And when we tie them down with regulations, for example, we chase them outside the country. When we slow or halt the import of goods to the U.S., we’re limiting the goods that American businesses can use to produce its own goods/services.

That’s “their” argument. How to explain the chart? I don’t know. My gut (yes, there’s my gut talking again) tells me we’re limiting American business by overregulating them.

Interesting discussion, though. I’ll come back to it in a day or so to see where it goes.