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

To: sixmil; LowCountryJoe; 1rudeboy
Do you have any evidence of that?

Any evidence that other countries are buying? Gosh, this is easy. From the article: U.S. exports, led by increased shipments of capital goods and food, feeds and beverages, hit a record $102.2 billion.

If U.S. exports are at a record high, foreign purchases of U.S. exports are at a record high.

My point was that no matter which direction the trade deficit goes, the tariff free traders argue it is good news.

You misunderstand, I don't think a trade deficit is a bad thing. The foreign sellers get dollars which must be redeemed at some point. When they buy our goods that reduces our trade deficit and provides jobs and profits for our people and companies. That's a good thing. When they buy our debt that reduces our interest rates and that's a good thing. When they buy our equities they provide capital which allows our businesses to expand production and increase hiring and that's a good thing.

I just don't see the downside in any of these activities. Maybe you can find one for me?

28 posted on 05/12/2005 6:10:06 AM PDT by Toddsterpatriot (If you agree with Karl Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
[ Post Reply | Private Reply | To 24 | View Replies ]


To: Toddsterpatriot

Do you ever wonder how organizations such as the ISM can report that U.S. export orders have been rising for 40 consecutive months, and folks here still think we don't export anything at all, or ask for evidence that we are?


29 posted on 05/12/2005 6:19:08 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 28 | 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