ping
"The trade deficit is not something I would lose a lot of sleep over. If you look at history, for example during the Great Depression of the 1930s we had a trade surplus every single year. It didnt help us get out of the Great Depression. By the same token, during the prosperity of the nineties we had a trade deficit every year, and that didnt stop the prosperity. Those words [trade deficit] have a lot more emotional impact than they have economic impact." |