P. J. O'Rourke Quotes About Deficit
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I've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.
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If we do our deficit spending on weapons, at least we get weapons. Then if we need weapons, we have them. If we don't need them, no harm is done.
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There's no such thing as a trade deficit.
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