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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (15901)	4/4/2006 1:03:45 PM
From: Dale Baker	Read Replies (1) \| Respond to of 541933

Is the implication that more saving means buying less foreign goods? The problem there is that US politicians will never preach restraint and lower economic activity - we are the consumer society, cheered on to shop despite terrorist plots to stop us. And the current generation grew up going to the mall. I doubt they will stop unless they can't afford what's there any longer. I don't know what the magic answer to the deficits is. But it's not hard to see the eventual consequences (harder or softer, sooner or later). I have had 3/4 of my portfolio in international stocks the last few years and don't plan to change that. That's my bet.