Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Alberta's Child
And yet that decline is precisely what would make the U.S. competitive in terms of exporting manufactured products to other nations.

Imports have been increasing more rapidly than exports, that's one of the reasons the Trade Deficit keeps hitting record highs.

We can have a strong dollar and attract lots of foreign investment, or we can have a weak dollar and a strong export-based economy.

Why should we want to be an "export-based" economy when we've been blessed with natural resources and are the largest consumer market in the world?

We can easily make America more attractive to business investment by eliminating the corporate income tax and implementing tort reform. This needn't weaken the dollar through deficit spending, either. Treasury revenues "lost" by the corporate income tax reduction can be offset by levying a relatively low, flat-rate revenue tariff on imported goods. Other measures to reduce federal deficit spending and balance the budget would also strengthen the dollar.

7 posted on 09/23/2004 1:22:18 PM PDT by Willie Green (Go Alan Go!!!)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: remember

1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Foreign Direct Investment in the U.S.
45,095
58,772
103,398
103,398
174,434
283,376
314,007
159,461
62,870
29,772
U.S. Direct Investment Abroad
73,252
92,074
84,426
95,769
131,004

209,392

142,627
124,873
115,340
151,884

Comments?

8 posted on 09/23/2004 1:25:57 PM PDT by Willie Green (Go Alan Go!!!)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson