Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.
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Nationality: American Type: Politician Born: May 27, 1947 |
“But now I have come to believe that the whole world is an enigma, a harmless enigma that is made terrible by our own mad attempt to interpret it as though it had an underlying truth.”
“In my opinion, a master is morally obliged to seize every sort of opportunity and to try to solve the problems of the position without fear of some simplifications.”