Trade Deficit

Discussion in 'Economy' started by shoooot9, Mar 14, 2006.

  1. Said1
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    Said1 Gold Member

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    No it doesn't.

    I know econimics is based on a lot of assumptions, but this is reaching extra far.
     
  2. manu1959
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    manu1959 Left Coast Isolationist

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    balance the trade defict....

    so we want to export more than we import.....

    the world only wants so much of our shit....so that is fixed...we can't make them buy more

    so that means we need to import less which means block certain things from comming in.....which means we won't be able to buy them any more....cars, stereo equip, tvs, computers etc....

    we will only be able to buy the american stuff which either; A: will cost more because of the cost of american labor or 2: is crap and won't get bought at all....

    also, what happens to all the people that were working in the import sector selling all the import crap ....won't they all be out of work so unemployment will sky rocket?

    seemed like a good idea at the time though.....
     
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  3. shoooot9
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    shoooot9 Rookie

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    We need to import less, and alternatively buy more domestically.
     
  4. Annie
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    Annie Diamond Member

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    Then the products here must improve qualitatively or come down in price. The first is easier than the latter.
     
  5. Said1
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    Said1 Gold Member

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    That's not readily possible. It's been explained to you several different ways. Move on or offer a better explaination.
     
  6. manu1959
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    manu1959 Left Coast Isolationist

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    economic isolationism does not work......
     
  7. shoooot9
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    shoooot9 Rookie

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    haha alright I guess I am beat on this resolution, but somebody needs to agree that something needs to be done about the raging trade deficit.
     
  8. shoooot9
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    shoooot9 Rookie

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    PHP:
    economic isolationism does not work......
    I never said we need to be economically isolated,that is ridiculous. I said we need to attempt to import less, and domestically compete with other foreign goods/countries before we are tremendously in debt to countries that produce products that are cheaper, more dependable, more reliable, and more efficient.
     
  9. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Dat's right - dat's why dem Chinamens is eatin' our lunch...
    [​IMG]
    U.S. Merchandise Trade Deficit With China in October: $31,109,100,000
    December 6, 2016 | The United States ran a $31,109,100,000 merchandise trade deficit with the People’s Republic of China in October, according to data released today by the Census Bureau.
     
  10. EdwardBaiamonte
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    EdwardBaiamonte Platinum Member

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    Our beloved Donald Trump wants to reduce or eliminate corporate taxes and regulations so American manufacturers can compete with foreign prices. Do you understand?
     

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