your facts and memory are lacking
multinationals are benefiting from exchange rates from foreign operations
some exporters are doing better, as in the ones whose industries are not gutted, destroyed, dismantled, removed, shipped abroad, abandoned
we dont have much of any exportable industries left
our mfg sector is refineries, chemical factories, and electrical generating plants
as for beef and chicken, sure, agreed (just January)
eliminate January data and my point remains the same
shitty export performance, flatline at best
your point in 2002 was clearly that the trade gap would close with a lower USDollar
you said US exporters would see a zoom
so far it is a big fat "broken bat single over shortstop"
I said imports would continue to grow
I said trade gap would remain wide
you disagreed
I stated that a weaker USDollar would be accompanied by a stronger Euro, AND a weaker European economy
we got it
their economies are now teetering at recession
you disagreed that EU would weaken, claiming that EU exporters would withstand the currency pressures
I disagreed
your memory is off
you clearly expected US exports to close the gap
my central point was a lower USDollar would not result in any sizeable improvement to the trade gap
you disagreed, citing vast US export potential
prove me wrong with a link
if I have a spare two hours, I will find it
rough timeframe: May 2002 on QCOM thread
/ jim |
