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To: 1rudeboy

Yep, $750 billion yearly “trade deficits” alone (never-mind the total volume of trade) with China, shouldn’t make anyone ponder whether trade with China might have had a negative impact on the infrastructure of the United States.

Just forget about the yearly multiplier effect of trillions of dollars in the U. S. economy rather than China’s.

Good call. (In case anyone needs it...) /s


127 posted on 09/01/2010 10:42:23 AM PDT by DoughtyOne (UniTea! It's not Rs vs Ds you dimwits. It's Cs vs Ls. Cut the crap & lets build for success.)
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To: DoughtyOne

$750 billion? Are you sure it’s not eleventy jillion? /s


132 posted on 09/01/2010 10:47:37 AM PDT by 1rudeboy
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To: DoughtyOne; 1rudeboy
I was going to let 1rudeboy's reply stand for me. Now, I'll jump in on your response to 1rudeboy.

We have some common ground regarding the deficits. If you were to take the time to look over my past postings; you'd find that I've been raising alarms about deficit spending, on this forum, for years.

However, I have to ask you, in what ways did China (or anyone else) force the USA, or American consumers to borrow trillions of dollars, only to turn around and spend it on cheaper foreign-produced goods?

If the US, and its consumers, had exercised some modicum of fiscal discipline, years ago -- then normal market forces would have made it impossible for China to sell you more goods, than you could pay for. Instead, people told themselves that the party would go on forever.

It seems that a lot of Americans still think that the party is in full swing. Few of them post here. Thankfully, there's reason to hope that the politicians that represent them in Washington, will soon be turfed out.

IMHO, the best thing for the world, would be for the USA to come roaring back. Competing for every dollar, on the basis of producing better products and services, for less cost than anyone else. A lot of my fellow Canadians would dread that scenario -- they are anti-American protectionists; who overwhelmingly vote for leftist politicians. I say bring it on -- in a game, you're only as good as the competition you get.
198 posted on 09/01/2010 12:33:08 PM PDT by USFRIENDINVICTORIA
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