Trade Deficits Quotes

“If a country consumers more than it produces, it must import more than it exports. That's not a rip-off that's arithmetic.

If we manage to negotiate a reduction in the Chinese trade surplus with the United States, we will have increased trade deficits with some other country.

Federal deficit spending, a massive and continuing act of dissavings, is the culprit. Control that spending and you will control the trade deficit.”
― George Schultz

“I have a chronic deficit with my barber, who doesn't buy a darned thing from me.”
― Robert Solow