- Apr 12, 2011
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The blunder is thinking China can possibly buy more from the US then we can buy from them. Payments balance, and what we buy from foreigners always equals what we sell them. This so-called 'trade deficit' is from the Marxist idea of deciding that selling one thing can be 'good' and selling something else is somehow bad....Let me see if I have this straight. If we trade with China, and they buy more form us than we buy from them, that is bad for our GDP. Can you give numbers to back that up, or am I just supposed to assume you are a complete idiot?
Free poeple decide for themselves what to buy and sell while Marxists want the collective to decide.