Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
quote by Martin Feldstein
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Related quotes
As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
quote by Jo Ann Emerson
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We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
quote by Xavier Becerra
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That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.
quote by Marcy Kaptur
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America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.
quote by Jo Ann Emerson
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The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
quote by Robert C. Solomon
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The more competitive value of the dollar turned around the trade deficit.
quote by Martin Feldstein
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The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year.
quote by John W. Snow
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Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
quote by David Korten
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With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.
quote by Jo Ann Emerson
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All those trucks and barges that carry our goods to port are vital connections to the only force which can balance our trade deficit: export. We must keep doing what we do best if we are going to get America out of the red.
quote by Jo Ann Emerson
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We are worried about the size of the deficit, which is why the president is pleased that the House and Senate have followed his lead in cutting the deficit in half over the next five years.
quote by Ken Mehlman
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Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
quote by Martin Feldstein
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The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.
quote by Martin Feldstein
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Global Deficit
There is a global climbing,
Economic deficit.
And those hungry and homeless,
Had nothing to do with it.
Their lives have been shattered and torn,
With little concern...
To correct this and get their lives fixed.
There is a global climbing,
Economic deficit.
With few blaming the greedy...
Or the thieves employed,
That caused all of it.
Where is this heading?
As divisions of conflicts split?
Only more distrust becomes the experience.
And that seems to be the greatest effectiveness,
Of this...
Global deficit!
poem by Lawrence S. Pertillar
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Deficit reduction is not an end in itself. It is the means to an end. Canadians must now decide what kind of country they want to build with the hard-won dividend.
quote by Jean Chretien
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The only justification for repressive institutions is material and cultural deficit. But such institutions, at certain stages of history, perpetuate and produce such a deficit, and even threaten human survival.
quote by Noam Chomsky
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To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
quote by Martin Feldstein
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We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.
quote by Rick Perry
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In fact, our monthly trade deficit figure is so huge it equals the entire annual budget of our Department of Veterans Affairs. Veterans fought to make us free from foreign tyranny, but the new tyranny is taking a different form.
quote by Marcy Kaptur
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I'm finding myself really angry over spending and the deficit. I'm finding myself really angry over what's happening in the Middle East, the decision to stay in Afghanistan indefinitely. I'm angry about cap and trade. And I've been on record for a long time on the failed war on drugs.
quote by Gary Johnson
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