Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
Sentiment: NEGATIVE
As anyone who lived through the 1990s knows, nothing shrinks our deficits faster than a growing economy.
Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.
Comprehensive immigration reform would reduce the deficit and help grow the economy.
Our growth rate continues to be staggering.
Sometimes, we use the term 'growth' as a number and sometimes as an abstraction, but the underlying implication is always that, if the country grows at a certain rate, at the end there will be a pot of gold for everyone.
The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.
Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
Even as China's growth slows, it will continue to be a powerhouse for the global economy.
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.
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.