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Absurdity on the Trade Balance

Submitted by Philip Getter, Jan 18, 2007 10:37

John has illuminated the dismal science - by shedding light on the trade deficit he hopefully will help people [mostly liberal politicians ] understand how things really work and why Adam Smith's invisible hand is still the best regulator.

Phil Getter

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Other reader comments on this article

Comment	By	Date
Trade deficits are a symptom of expanding US growth, not a cause. When consumption expands duringan economic upturn, the trade... [MORE]	les	Jan 18, 2007 15:34
Stossel is a master at expressing what isn't as common as I wish it were... common sense. Trade deficit...trade schmeficit! [MORE]	Big Baaaaaad Jack	Jan 18, 2007 13:30
In fact, US dollars are exceptionally good at buying goods, services or investing in companies in any country, not just... [MORE]	abr	Jan 18, 2007 11:20
John has illuminated the dismal science - by shedding light on the trade deficit he hopefully will help people [mostly...	Philip Getter	Jan 18, 2007 10:37
The absurdity is true only as long as those holding dolars or investing in US behave in a responsible manner... [MORE]	gsbaker	Jan 18, 2007 10:27

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Absurdity on the Trade Balance