Political Factoid
The government deficit
is one thing,
... but the real deficit
of most impact on the
nation is the trade deficit.
- There is an expectation that the
U.S. government's national debt
will eventually be paid off.
- There is no such expectation
for the money Americans pay
to foreign companies will ever
be paid back.
- The latter fuels foreign jobs,
not American jobs.
- It is American money that leaves
the country making non-Americans
wealthy.
- Most trade agreements have
tended to increase the money
flow out of the United States.
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