[TChris]

Only a moron favors trade deficits.

While you're throwing insults around, I have to ask: Do you know the difference between a budget deficit and a trade deficit?

You do understand that a trade deficit has nothing at all to do with debt, right?

(It's unfortunate that the word "deficit" is used in this way, for just this reason.)

[Toddsterpatriot]

You do understand that a trade deficit has nothing at all to do with debt, right?

Dennis is a bit clueless when it come to economics.

[1rudeboy]

He doesn’t understand the difference. I’ve been going-on about it with him for years. California does not have a budget deficit (or surplus) because it buys too much stuff from China, no more than Arnold does himself. A lot of people simply don’t get it (and I blame their political “idols” for not explaining the difference, and rather confusing the two—budget and trade deficits—in order to get a donation here and there).

[dennisw]

 

Do you know the difference between a budget deficit and a trade deficit?

Are you for real?

You do understand that a trade deficit has nothing at all to do with debt, right?

Then how come we are in hock to the Chinese?