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Reply #33: Everything we export. That's how trade works. [View All]

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Unvanguard Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-23-08 04:19 PM
Response to Reply #32
33. Everything we export. That's how trade works.
The fact that other countries produce the same products we do is irrelevant, as long as we can sell the products we produce in the global market--which we can.

It is true that we have a trade deficit, but this amounts to little, because the extra capital we spend on our net imports returns to us in other ways. This is the necessary logical consequence of the nature of exchange, international or otherwise: you buy something (imports) with something (exports), you don't get it for nothing.

The suggested that the world's largest economy is somehow an exploited subordinate player is ludicrous.
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