Quote:
Originally posted by Colin@Jun 6 2004, 02:08 AM
Joe,
Do you mean the trade deficit or the US debt? You showed a graph of the trade balance. The trade balance is the value of exports minus imports. The US sells buys more from it's trading partners than it sells.
I think you are getting confused. Cutting taxes and government spending does not cause trade deficits.
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The trade deficit figures were in the table I cut and pasted.
I was referring to the current account deficit figures.