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Posted: 2/15/2006 1:06:25 PM EDT
[Last Edit: 2/15/2006 1:07:03 PM EDT by imposter]
That is 5.8% of GDP.

The deficit with China was $202 billion. A 24% increase this year. I guess that is an improvement over the 30% increase last year. $202 billion is like 15% of their entire GDP.

Our deficit in manufactured goods was $655 billion, and rising.

Think high tech exports will save us? We had a $44 billion trade deficit in “advanced technology products” in 2005, an increase of 20% since 2004.

A weaker dollar has to be around the corner.

Link.
Link Posted: 2/15/2006 1:13:50 PM EDT
we need to tax the shit out of the chinese goods being imported. I personally don't see why the .gov encourages trade with china and not with cuba, I would rather deal with cuba over china.
Link Posted: 2/15/2006 1:17:43 PM EDT
[Last Edit: 2/15/2006 1:18:16 PM EDT by TrashHeap]
....and this affects me in what way?
Link Posted: 2/15/2006 1:18:20 PM EDT
Link Posted: 2/15/2006 1:18:42 PM EDT
IBTPWMTTDWTBD.


(In before the people who mistake the trade deficit with the budget deficit)



Weak dollar around the corner? It's already pretty damned weak.
Link Posted: 2/15/2006 1:26:18 PM EDT


Can't we just write them a post-dated check or something?


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