Sunday, April 20, 2008

Trade deficit, undesirability of

(Click to enlarge.)

4 comments:

James Higham said...

If only ...

Schadenfreude said...

Cartoon would work even better if that (Polish?) plumber had taken a farm in part payment for the job. When the foreign banks get their hands on your means of production, that's when you are in real trouble.

Sackerson said...

Don't worry, a professional economist says trade deficits are great and he [hearts] them. Read the blithe Don Boudreaux at cafe Hayek.

Anonymous said...

"professional economist" a man paid to create a believable narrative about the economy that happens to suit the people that have paid him.