Trade deficit roars to another record

Trade deficit roars to another record

There are 36 comments on the Deseret News story from Mar 9, 2006, titled Trade deficit roars to another record. In it, Deseret News reports that:

WASHINGTON - Rising oil prices and Americans' seemingly insatiable appetite for foreign goods - from Chinese clothing to French wine and Japanese cars - sent the U.S. trade deficit to another record.

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Kearney

Columbia, MD

#1 Mar 10, 2006
Republicans! Oh, Republicans... look what you have done in your conservative responsible manner... Do you really think you can do better then the Decmocrats at running the economy? maybe because so many of you were BORN wealthy, instead of earning it? Like Bush.

Oh, wait, all you really care about is getting cheap labor for the rich folks.. to heck with the country as long as the articrats are better off.

Thanks,'pubs... you will always hold a speical in my heart for your contributions.
escape from the dark ages

Brentwood, CA

#2 Mar 10, 2006
Republican Economics;

Move production overseas so products will be cheap enough to purchase with your unemployment check.

Reducing wages helps reduce the pesky educated middle class and makes it easier to identify the superior rich folk.

If enough people are out of work then maybe we could afford a housekeeper that speaks english.
Gary

San Jose, CA

#3 Mar 10, 2006
Americans have a negative savings rate. Chinese workers (in China) save 30% of their income. Enough of them come to California, save their money, and buy homes. So the housekeepers will speak English, and they will be Americans, working for the Chinese homeowners.

Americans will be spending themselves into bankruptcy, working in retirement at Walmart's, McDonalds, aluminum can recycling or as domestics.



Lance Winslow

Schuylkill Haven, PA

#4 Mar 10, 2006
Actually the real problem is the attack on american businesses shutting them out of hte game. If the regulators like Elliot spiter would not go around causing increased costs on our businesses, perhaps they could compete better in the world markets and sell to those who now have our money, we are our own worst enemy and the attacks on business do not necessarily come from the republican side, generally they are from Democrats who have never read Ayn Rand.

Additionally for those who spout off in their ignorance on these issues, do not bother replying to my comments.
escape from the dark ages

Brentwood, CA

#5 Mar 10, 2006
Good idea Lance, if no one ever disagrees with you a constant state of bliss will ensue.
jsufo

Duvall, WA

#6 Mar 10, 2006
Who's kidding who?
"insatiable appetite for foreign goods - from Chinese clothing to French wine and Japanese cars - sent the U.S. trade deficit to another record" Go into any store and try to buy something made in America....you almost can't. It's not "our insatiable appetite" for foreign goods, our government dosent give us a choice. Bush even tried to give control of our ports to the UAE!!! We pump oil and ship it overseas to have it refined cheaper than we could do here, and tripple the price to the consumer. Wall Mart imports 99.9% of it's goods make leaping profits and pays measley salaries and little or no health benefits...take a look around Americans...we've slowly but SURE been sold to other governments for our rich folks to get richer. The Bush administration feels we need to think on another line....low pay and be happy while they stay rich.
dee

Canada

#7 Mar 10, 2006
jsufo wrote:
Who's kidding who?
"insatiable appetite for foreign goods - from Chinese clothing to French wine and Japanese cars - sent the U.S. trade deficit to another record" Go into any store and try to buy something made in America....you almost can't. It's not "our insatiable appetite" for foreign goods, our government dosent give us a choice. Bush even tried to give control of our ports to the UAE!!! We pump oil and ship it overseas to have it refined cheaper than we could do here, and tripple the price to the consumer. Wall Mart imports 99.9% of it's goods make leaping profits and pays measley salaries and little or no health benefits...take a look around Americans...we've slowly but SURE been sold to other governments for our rich folks to get richer. The Bush administration feels we need to think on another line....low pay and be happy while they stay rich.
We took a 2 week winter break down to Sanata Barbara,people,restaurants all friendly and customer orientated.I was stunned,however,first,as you say, I could find nothing Made in North America let alone the USA,second the prices of everything except clothing & electronics were outlandish.Someone,somewhere has been doctoring the inflation rates in the US.
Lance Winslow

Schuylkill Haven, PA

#8 Mar 10, 2006
Personally as an Entrepreneur I am tired of being attacked by over regulation in this country. If you want the best I have to offer I need an apology from this over regulation, before I go back to work to produce one darn thing. This over regulation tilts the field away from american business and thus I have retired early at age 40 and do not feel like beating my head against the wall to give better service or attempt to produce better goods or to bother to sell them on foreign shores to bring this money back here to re-circulate so all of you can have jobs you do not deserve and maintain demands which cannot be met, while you perform at dismal levels of work ethic. Debate me! I have been there, stop complaining you did it to yourselves. Stop attacking, over regulating and over lawyering American Businesses if you want recipricol trade. and Dee your observations are perfect example of real world to illustrate this point, I thank you for that.
Gary

San Jose, CA

#9 Mar 13, 2006
Even U.S. Flags are made in China.
parlo

Bronx, NY

#10 Mar 13, 2006
Lance Winslow wrote:
Personally as an Entrepreneur I am tired of being attacked by over regulation in this country. If you want the best I have to offer I need an apology from this over regulation, before I go back to work to produce one darn thing. This over regulation tilts the field away from american business and thus I have retired early at age 40 and do not feel like beating my head against the wall to give better service or attempt to produce better goods or to bother to sell them on foreign shores to bring this money back here to re-circulate so all of you can have jobs you do not deserve and maintain demands which cannot be met, while you perform at dismal levels of work ethic. Debate me! I have been there, stop complaining you did it to yourselves. Stop attacking, over regulating and over lawyering American Businesses if you want recipricol trade. and Dee your observations are perfect example of real world to illustrate this point, I thank you for that.
Things are so bad in this country that you had to RETIRE AT AGE FORTY! You poor thing. That damn Eliot Spitzer!
sultan of swing

Lady Lake, FL

#11 Mar 13, 2006
Gary wrote:
Even U.S. Flags are made in China.
and those little green rubber support the troops bracelets...Made in China. Know this, I try to never buy any foriegn goods. It has become impossible to say never. though I own a Ford Tauras sl and a GMC Seirra pick up a portion of each of those vehicles are made overseas. I dont go to WalMart and I buy my gas from Texaco or Cheveron which are US based companies but which have merged and unmerged over the years that who knows for sure where their oil comes from. Like I said I try to do my best and buy american. If the rest of America did the same, perhaps we wouldn't be having this talk.
parlo

Bronx, NY

#12 Mar 13, 2006
sultan of swing wrote:
<quoted text>and those little green rubber support the troops bracelets...Made in China. Know this, I try to never buy any foriegn goods. It has become impossible to say never. though I own a Ford Tauras sl and a GMC Seirra pick up a portion of each of those vehicles are made overseas. I dont go to WalMart and I buy my gas from Texaco or Cheveron which are US based companies but which have merged and unmerged over the years that who knows for sure where their oil comes from. Like I said I try to do my best and buy american. If the rest of America did the same, perhaps we wouldn't be having this talk.
I knew there would be something we can really agree on. Its hard sometimes because alot of US companies are US in name only. But I would like to improve on this. Havent bought your book yet, but I will get to it.
parlo

Bronx, NY

#13 Mar 13, 2006
There was an article in the WSJournal back in December about a family that bought only US gifts for Christmas. Electronics were out of the question and they had to modify it to allow some Canadian products to be included. But overall, they were able to do it with a few small exceptions.
sultan of swing

Lady Lake, FL

#14 Mar 13, 2006
parlo wrote:
There was an article in the WSJournal back in December about a family that bought only US gifts for Christmas. Electronics were out of the question and they had to modify it to allow some Canadian products to be included. But overall, they were able to do it with a few small exceptions.
About 6 months ago I tried to buy a new leather jacket for winter riding,(Mind you I live in Florida) I searched every leather vendor in central florida. It took me 5 weeks to locate one. 98% of the leather vests, jackets, and chaps were made in Pakistan. When I asked what happened to all the US tanneries they told me that the strict EPA rules and heavey taxation drove the companies out of the US. Sad huh?
parlo

Bronx, NY

#15 Mar 13, 2006
sultan of swing wrote:
<quoted text>About 6 months ago I tried to buy a new leather jacket for winter riding,(Mind you I live in Florida) I searched every leather vendor in central florida. It took me 5 weeks to locate one. 98% of the leather vests, jackets, and chaps were made in Pakistan. When I asked what happened to all the US tanneries they told me that the strict EPA rules and heavey taxation drove the companies out of the US. Sad huh?
Any sort of clothing is next to impossible. Shoes too. I am not sure but I think all the Maine boot and shoe cos are gone. Bass, Sebago etc.
parlo

Bronx, NY

#16 Mar 13, 2006
One other thing before I fall asleep: Some things can have made in the USA on them, but they are actually made in US territories such as Saipan. The minimum wage and child labor laws dont apply, but they still have USA label. I learned that in the Delay scandal.(Notice how even when we agree, we still manage to sneak our other politics into it? I think the tanneries would be gone even if there was no EPA . Its hard to compete with someone making three dollars a day.)
aicfan11

United States

#17 Mar 14, 2006
Moving it overseas was the only thing we could do. The unions make it too expensive.
escape from the dark ages wrote:
Republican Economics;

Move production overseas so products will be cheap enough to purchase with your unemployment check.

Reducing wages helps reduce the pesky educated middle class and makes it easier to identify the superior rich folk.

If enough people are out of work then maybe we could afford a housekeeper that speaks english.
escape from the dark ages

Brentwood, CA

#18 Mar 14, 2006
Thats what the Industrialist said when Unions first started forming but then not only did the higher wages help create the largest middle class in the world but the rich actually got richer. Laying off people to move production overseas to make products to sell to the people you just laid off makes no sense unless the new jobs pay enough money that the same disposable income is gained by the overseas employee to participate in the "world economy". Unfortunately that is not what is happening.
escape from the dark ages

Brentwood, CA

#19 Mar 14, 2006
Fair Trade should mean that we can discriminate against those who have lax labor, safety and environmental rules.

It all runs downhill into the same ocean.

Prison Labor and Slave Labor should not be rewarded and yes it is our business or we contribute to the evils.

Unless see no evil hear no evil is our motto.
escape from the dark ages

Brentwood, CA

#20 Mar 14, 2006
sultan of swing wrote:
<quoted text>and those little green rubber support the troops bracelets...Made in China. Know this, I try to never buy any foriegn goods. It has become impossible to say never. though I own a Ford Tauras sl and a GMC Seirra pick up a portion of each of those vehicles are made overseas. I dont go to WalMart and I buy my gas from Texaco or Cheveron which are US based companies but which have merged and unmerged over the years that who knows for sure where their oil comes from. Like I said I try to do my best and buy american. If the rest of America did the same, perhaps we wouldn't be having this talk.
I buy American every time I can even at double the price.
I will always pay more for the same or better quality or do without. Vote with your Dollars!!!!!!

I will occasionally buy non US goods if they come from a good trading partner with civilized rules and regs such as the EU, Australia, Japan but only if the US product is both higher priced and lower quality. At least those countries pay enough that the people can buy some of our stuff.

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