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


To: denizen48 who wrote (516564)12/28/2003 4:23:02 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 769670
 
we're only buying.
Don't do any research, eh? Are you Lizzie Tudor's other account?

We export $77B a year in services:
research.stlouisfed.org

And in merchandise $178B (excluding defense hardware, which is also a chunk):
research.stlouisfed.org

US median income is roughly $38,000.
nces.ed.gov

That's 6.7M jobs you just wiped out.

See you in Congress. I know who will win this one.

You can bitch, moan, whine, and complain all you want. Your grandpappy's world is gone and it ain't coming back.

Breaking up the steam engines with sledge hammers isn't going to uninvent the technology, Luddite.



To: denizen48 who wrote (516564)12/28/2003 4:53:05 PM
From: Oeconomicus  Read Replies (2) | Respond to of 769670
 
Our 400 billion dollar monthly trade deficit tells me that we're not selling anything abroad;

Oh, is that what it tells you? It tells me you have trouble with numerical facts.

BTW, in the latest quarter, exports grew twelve times faster than imports, 9.9% p.a. vs. 0.8%. Just thought you'd want to know.