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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: duncan moyer who wrote (1505)9/10/1997 8:35:00 PM
From: Alan Whirlwind   of 42834
 
If I'm not mistaken the one billion dollars of deficit trade that allegedly costs 20,000 jobs here in the US does not allow extra room for acquiring materials from other countries to manufacture because the one billion we are talking about already is all deficit. 191 billion more $$ leaving the US in the last year than coming in to be precise. It is unlikely that we would both narrow the deficit and purchase more raw or semirefined materials overseas at the same time. I do agree that narrowing or even eliminating the deficit would put pressure on wages and ultimately be inflationary.
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