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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (393351)4/16/2003 3:50:15 PM
From: w0z  Read Replies (1) | Respond to of 769670
 
"So, if our exports go down and our imports stay about the same, and our trade deficits increase, we win????"

If we get into a trade war, other countries restrict imports from us and we restrict imports from them, our trade deficit goes from minus $480B to ZERO. They are the losers in a trade war.



To: sea_biscuit who wrote (393351)4/16/2003 3:52:45 PM
From: Thomas A Watson  Read Replies (1) | Respond to of 769670
 
hey dipy, we give paper and they give stuff. I can live without paper. I figure we got paper to spare. Printing 1,000,000 on a piece of paper is quite easy and trade deficits increase is a win.


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