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2011-09-04 Home Front: Politix
Palin blasts 'systemic crisis,' US economy under Obama
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Posted by Fred 2011-09-04 00:00|| || Front Page|| [2 views ]  Top

#1 Here is the systemic crisis:
U.S. Trade Balance, by Partner Country 2010
Posted by Eohippus Phater7165 2011-09-04 01:43||   2011-09-04 01:43|| Front Page Top

#2 At least we have a balanced trade with Pitcairn Island. Fletcher Christian can rest in peace.
Posted by Alaska Paul 2011-09-04 02:00||   2011-09-04 02:00|| Front Page Top

#3 How in the H-E-Double Hockey Sticks are we only selling 100 grand more to San Marino than we're importing from them? San Marino is like five families living on a mountain top in central Italy!
Posted by Secret Master 2011-09-04 03:49||   2011-09-04 03:49|| Front Page Top

#4 Five families who have the right to print postage stamps, Secret Master. And stamps are money.
Posted by Grunter 2011-09-04 10:26||   2011-09-04 10:26|| Front Page Top

#5 I hope no-one is going to be economically ignorant enough to suggest protectionism.
Posted by Bright Pebbles 2011-09-04 11:43||   2011-09-04 11:43|| Front Page Top

#6 Let's first equalize trade tariffs with British rates, like quintupling car tariffs, then we'll talk about your protectionism. Or how about shoes (17%) or food (~15%).

And don't give that lie about about the depression and trade protectionism. The US was the export powerhouse at the time and suffered the most. The net importing countries suffered much less as they substituted domestic labor or what they were importing.
Posted by Eohippus Phater7165 2011-09-04 12:39||   2011-09-04 12:39|| Front Page Top

#7 There's no such thing as British tariffs, we British (despite a majority who'd like to leave) are stuck in the EUSSRs trade cartel.
Posted by Bright Pebbles 2011-09-04 14:09||   2011-09-04 14:09|| Front Page Top

#8 In addition to being able to print postage stamps, San Marino is also a major gem producer, especially garnets. It's the oldest continuously-independent nation in the world, and the world's oldest republic. There are no income taxes, and the country of 30,000+ has one of the highest GDP rates in the world. It has an army of 137 that also doubles as the State's police force. It's a GREAT place to visit. You know immediately when you've crossed the border, because it's immaculately clean and well-kept. It has great food and the prices were the best in Italy when I was there in 1973.
Posted by Old Patriot 2011-09-04 18:06||   2011-09-04 18:06|| Front Page Top

#9 Eohippus Phater7165, thank you for that chart. It raises some questions, like why are we trading with the Gaza Strip? Forget that we have a negative trade imbalance, why are we trading with Hamass-controlled territory at all?
Posted by Old Patriot 2011-09-04 18:16||   2011-09-04 18:16|| Front Page Top

#10 I'm less interested in the fact that we're trading with Gazoo than with who's doing the importing.
Posted by Nimble Spemble 2011-09-04 18:22||   2011-09-04 18:22|| Front Page Top

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