tag:blogger.com,1999:blog-2761684730989137546.post1625275426149369972..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: The Right has successfully established the deficit as the main political concernmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-37587811097404355992009-09-23T20:11:26.683-04:002009-09-23T20:11:26.683-04:00Last I checked years ago, trade accounted for abou...Last I checked years ago, trade accounted for about 13% of US economic activity. The way some talk, one might think this percentage much higher. <br /><br />Now, regarding the trade imbalances, is it your contention that these are not important in the current circumstances, or more generally?Mike Sandiferhttps://www.blogger.com/profile/04266779805691997171noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-66647698221868212132009-09-23T16:55:40.569-04:002009-09-23T16:55:40.569-04:00IT'S OK TO HAVE DEFICIT WHEN IT'S A REPUBL...IT'S OK TO HAVE DEFICIT WHEN IT'S A REPUBLICAN'T PRESIDENT :<br /><br />BUSH AND IRAQ WAR ( THE REAL DEFICIT MAKER )<br /><br />REAGAN AND VOODOO ECONOMICS<br /><br />i'd like to add that the supposed Lauffer success of the 1980's tax cuts did nothing compared to the credits Reagan doled out to the banks which is measured by the level of debt Reagan created -<br /><br />debt created is wealth created<br /><br />Reagan spent more in his 8 years than all administration combined prior all the way to George Washington. right ? straight numbers no adjustment for inflation.<br /><br />supply side economics is a smoke screen hoaxgoogleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.com