How is a trade deficit a sign of a strong economy?

[K-W]

I looked up from my desk today at the mounted tv that shows CNBC all day to see a capotion under a guy talking that indicated he was explaining how trade deficits and the value of the dollar dont matter, and then how us having the largest trade deficit ever is a sign of a strong economy.

If only the volume had been up, I would know this magical secret.

[HEyHEY]

1. Maybe they were refering to economies of trading partners

:evilgrin:

[thoughtanarchist]

2. If we had a plague of locusts

the talking heads would explain how it's a sign of a strong economy

[K-W]

5. "We only attracted locusts because we have so much extra food.

So American needs to eat more.

How about that spin?

[thoughtanarchist]

10. so much money littering our streets

the whole nation resembles a cabbage patch

hence the locusts

:crazy:

[LeftCoast]

3. More Republican "Up is Down" spin

Remember, being a republican means never having to admit you've made a mistake. :)

[GreenPartyVoter]

4. True enough

----------------------------------------------------------
Save this nation one town, county, and state at a time!
http://timeforachange.bluelemur.com/electionreform.htm#why

[ayeshahaqqiqa]

6. How is having Bush as President a sign of democracy?

or sane rational thought?

[liberal N proud]

7. They think they can spend us out of the recession.

If we borrow enough to spend it will drive the economy and then the moeny will be there to borrow some more and then spend it to borrow again... Wait! That won't work, I don't know.

[K-W]

8. Supply side economics on a global scale.

Just what our economy needs.

[gizmo1979]

9. The Bushies

live in the bizzaro world!

[area51]

11. economy

Republinazis probably still stupidly think that our being in this never-ending war is going to pull us out of the Bush Depression, like WWII is reputed to have done w/the Great Depression. However, it obviously hasn't worked; the economy's still in the sh*tter.


"Prosperity is just around the corner." -- Herbert Hoover
"The economy has turned a corner." -- GW Bush

Herbert Hoover = GW Bush

Neither man cared about the Depression their economic policies created.

[Dirk39]

12. As long as the US-Dollar is still accepted

as the world's reserve currency, it's just ink and paper anyway... And the US can print as many dollars as they want to lower their debts.
I'm not a professional in economics but I guess, when Asia, esp. China stops accepting the dollar and starts investing into the Euro, there will be some kind of collapse.
I guess one of the reasons for that bogus war on terror is that the USA wants the rest of the world to believe that there is a kind of permanent threat to all of us and only the supremacy of the USA and it's military force can save us all.

Until now, the USA can export abroad the inflation it is
generating by printig extra dollars.

Hello from Germany,
Dirk

[doc03]

13. Dah! It is for China.

[Art_from_Ark]

14. It's always a sign of a strong economy

when you spend much more than you can afford on useless junk
:crazy: