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To: Bobby Yellin who wrote (37570)	7/22/1999 4:51:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 117029

bobby, you have a very good point about the trade deficit is not what it appears to be. In terms of the trade deficit bet. US and China, the real figure is bet. the two countries figures. So IMO, those official figures are smoking screen<g>. It seems working perfectly well: the US people only need to print money out of air, and trading Internut stocks in front of computers, and then import everything abroad<g>. I think the trade deficit on US side will be dramatically decreased when the US economy slows down. Do you agree that the cycle is still there, don't you? As for high tariff vs. low imports, and high imports vs. low tariffs, which one will work better? For example, if companies produce every thing here in the US, it sure hires more people in short terms, but since the product will be much more expensive, and not many people can afford it, or at least cannot afford as much as they want (shop until you drop), the company still have to lay off many. Although this way do save a lot of resources for the later generations.