Quote:
Originally Posted by Clocker
The top ten countries with the largest trade deficits. Ours is the biggest because we have the largest economy. Are all these countries as bad off as the trade deficit Chicken Littles claim we are? How can the Chicken Littles in this country brag about how great the economy is but whine about what terrible shape we are in because of the trade deficit? Perhaps because of economic illiteracy about trade and the economy?
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Allow me to ask the question in a different way...
If deficits are such a good thing, why doesn't anyone want to trade places with the USA on trade imbalances, such as China? Why aren't the Chinese starting a trade war with us so that they can get into negative trade balance territory? After all, negative is the desired outcome, right.
