Posted on 12/10/2008 6:45:34 PM PST by marshmallow
Well, at the rate we are going some could say the same of us someday....
No?
He must work for the government.
Japan has certainly NOT had large trade surpluses for “decades”. And we have not had trade deficits for “decades” Both countries have federal deficits because we both have weak currencies and products that are worth less than those currencies.
because I dont agree with you? You are right is saying that trade and federal deficits are different. You are right in saying they are not always in lock step. My original argument was that they are in fact correlated.
If anything, the correlation is between a trade deficit decrease and an economic slowdown.
You have a link to back up your theory?
And we have not had trade deficits for decades
When were our last 5 trade surpluses?
Because you keep posting things that are wrong. The opposite of right.
You are right is saying that trade and federal deficits are different.
Excellent!
You are right in saying they are not always in lock step.
Great!
My original argument was that they are in fact correlated.
What's the correlation? How many dollars of trade deficits translates into how many dollars of federal deficit? How can some countries have a trade deficit and a federal deficit while others have a trade surplus and still have a federal deficit?
Man, you guys are a tag-team. Im trying to keep up here. Give me a break.
Im going to just reply to All. I cant keep up with both of you at the same time while posting. I have to admit, you guys are good.
Try posting facts instead of feelings. That should help.
I’ll back off. I should warn you that the reason I posted my first response on this thread is because I was tweaking some other FReepers who confuse budget and trade deficits.
I guess I fail.
Try 2 decades. Still—you said trade deficits = budget deficits. That really isn’t true. Spending beyond tax intakes = budget deficits.
what do you and the toddster think about free-trade?
What do you feel about free trade?
I think its garbage
It's only money.
Ours.
If you ever find some facts you'd like to discuss, be sure to give me a ping.
I was just on freetrade.org
“How is it we are wasting money on American companies?”
Bail-out!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.