tag:blogger.com,1999:blog-16691733.post116934043755419681..comments2023-10-24T08:33:10.354-04:00Comments on Reformed Leftist (& Friends): Trade Deficits Good?Paul Huehttp://www.blogger.com/profile/01276182482853030605noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-16691733.post-1169485685605252962007-01-22T12:08:00.000-05:002007-01-22T12:08:00.000-05:00not necessarily net zero; but perhaps a bit more i...not necessarily net zero; but perhaps a bit more in balance than is the current situation.Tom Philpotthttps://www.blogger.com/profile/12628086253733653673noreply@blogger.comtag:blogger.com,1999:blog-16691733.post-1169481417343366172007-01-22T10:56:00.000-05:002007-01-22T10:56:00.000-05:00I have never heard any advocate against free inter...I have never heard any advocate against free international trade express a goal of trade net zero! That is a novel claim for me! All the pro free trade nuts have been arguing against the wrong complaint, I see. I am interested to see now how Larry Kudlow, Sowell, and the Cafe Hayek boys will address this new point. It baffles me.<BR/><BR/>As to your other points, I don't understand them well Paul Huehttps://www.blogger.com/profile/01276182482853030605noreply@blogger.comtag:blogger.com,1999:blog-16691733.post-1169402438760912742007-01-21T13:00:00.000-05:002007-01-21T13:00:00.000-05:00Paul, isn't the case not that the trade balance is...Paul, isn't the case not that the trade balance is positive or negative, but rather that it's <EM>imbalanced?</EM> The authors crow that the deficit countries have created jobs faster than the surplus countries (tho' I don't think china is mentioned in this context(!!!)). But what if the surplus countries say, hey, why should we be loaning them all of this cash to consume, which they're turning Tom Philpotthttps://www.blogger.com/profile/12628086253733653673noreply@blogger.com