And that's the crux of it. No business ever survived by payout out more than it brought in. None. Ever.
And that's the crux of it. No business ever survived by payout out more than it brought in. None. Ever."
Same with countries. The only reason we can import stuff is because we export other stuff. Sometimes it is movies, sometimes education, sometime stock certificates, and sometimes software.
While our unemployment rate is around 6% and dropping, look at Europe which implements more restrictionist trade policies, and their unemployment rates are 8% - 15% and stable. Shall we join them in restricting trade and killing jobs? It has worked for them for over 20 years.... Double the unemployment line anyone?