Trade surplus
Does anyone here know when the last time the USA had a trade surplus? Or does anyone know what a trade surplus is?
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The key question is, is having a negative trade balance a good or bad thing? It seems bad, but if you research economists, many will say it is currently a sign of American economic power--we buy cheap stuff from China, which helps American consumers, and we sell more advanced technological products to foreigners...the other faulty concept is that we need to move manufacturing back to the US. Why? Our workers are paid more and also produce more complex technological products...let Chian and Vietnam pay workers less and produce cheap stuff for us!!!
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sensualbilez · F
The middle class. What do you do for your career. If you need a job picking oranges in Florida is wide open!!
