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To: Toddsterpatriot

I’m pretty sure you were saying one causes the other. That a trade deficit causes our budget deficit. >>>>>>>>

Not quite. A huge trade deficit means you are a loser nation that is too stupid to put up tariffs. It also means we need to free up industry to produce more and export more. Meaning less EPA, OSHA and other onerous Gov’t regulations

Japan has a high yen but always runs a trade surplus


93 posted on 12/21/2010 6:40:27 AM PST by dennisw (- - - -He who does not economize will have to agonize - - - - - Confucius)
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To: dennisw
A huge trade deficit means you are a loser nation that is too stupid to put up tariffs.

Or it means you have things other people want to buy more than your products. Equity, debt, land, etc....

It also means we need to free up industry to produce more and export more. Meaning less EPA, OSHA and other onerous Gov’t regulations

I agree. Having the highest corporate tax rate in the world is stupid beyond measure. If you want companies to thrive here.....

Japan has a high yen but always runs a trade surplus

Japan also has a huge government debt. Didn't seem to destroy their currency.

94 posted on 12/21/2010 6:47:16 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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