[Citizen of the Savage Nation]

Excellent point. Willie was peddling this stuff a few weeks ago, and was absolutely schooled by some freeper who I forget, that knew his stuff. In any case, Germany's economy, for example, is based more on production than ours, but I sure wouldn't want it. Our trade deficit is an example of the relative strength of our economy compared to the rest of the world, in fact, only a few categories, clothing, autos, oil, and electronic commodities like TV's make up $400 billion of the deficit by themselves.

[Toddsterpatriot]

Don't forget Japan. Willie was probably worried about them in the 1980's. They had huge surpluses and their economy is much more manufacturing based than ours.

They've had what, 10 years of recession in the last 13 or so. They now have the largest government deficit compared to GDP of all the industrialized countries.