Top 38 Trade Deficit Quotes
#1. As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
Jo Ann Emerson
#2. The Japanese, despite the trade deficit and their ability to build fabulous automobiles, still think that a guy in a monster suit is all that is needed for a monster movie.
Stephen Hunter
#3. If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.
Daniel T. Griswold
#4. America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.
Jo Ann Emerson
#5. All those trucks and barges that carry our goods to port are vital connections to the only force which can balance our trade deficit: export. We must keep doing what we do best if we are going to get America out of the red.
Jo Ann Emerson
#6. [T]he only way to shrink the trade deficit is for the government to prohibit us from buying whatever we want.
John Stossel
#7. The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.
Arthur Laffer
#8. We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
Xavier Becerra
#9. The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.
Martin Feldstein
#10. I've never been able to get it straight about what these people who are worried about the trade deficit are worried about.
P. J. O'Rourke
#11. The U. S. trade deficit with China shows that while we value the potential of their market, they value the reality of our market. It is in this area that we should use our leverage.
Adam Schiff
#12. Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
Martin Feldstein
#13. With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.
Jo Ann Emerson
#14. That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.
Marcy Kaptur
#15. In fact, our monthly trade deficit figure is so huge it equals the entire annual budget of our Department of Veterans Affairs. Veterans fought to make us free from foreign tyranny, but the new tyranny is taking a different form.
Marcy Kaptur
#17. Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
Martin Feldstein
#18. The more competitive value of the dollar turned around the trade deficit.
Martin Feldstein
#19. In my view, [the trade deficit] will create political turmoil at some point ... Pretty soon, I think there will be a big adjustment.
Warren Buffett
#20. Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
David Korten
#21. To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
Martin Feldstein
#22. I'm not going to be bullied or pushed around by the group of the day. You've got to have political courage. You've got to have your own inner beliefs.
Madeleine M. Kunin
#23. When you introduce into our schools a spirit of emulation, you have present the keenest spur admissible to the youthful intellect.
Horace Mann
#24. It takes very little fire to make a great deal of smoke nowadays, and notoriety is not real glory.
Louisa May Alcott
#25. I started to say that couldn't happen, that the people I knew wouldn't turn on their friends and neighbors because of an accident of birth. But in the end, I didn't say that, because I wondered if it was the truth.
Charlaine Harris
#26. This is the great truth life has to teach us ... that gratification of our individual desires and expression of our personal preferences without consideration for their effect upon others brings in the end nothing but ruin and devastation.
Hortense Odlum
#27. You are dehydrated," I said. "The result of alcohol taken in excess. But that is the only way to take it. It is the only way to do a man any good.
Robert Penn Warren
#29. And the years came and went, the decades. But now it's no longer possible to put it off any more: either now or never. The one final opportunity must be taken, for the hour is late and nobody will come upon me.
Ivan Bunin
#30. I guess when people ask what is the biggest transition to the NBA from college, it is definitely defense and the mental part.
Magic Johnson
#32. I'm finding myself really angry over spending and the deficit. I'm finding myself really angry over what's happening in the Middle East, the decision to stay in Afghanistan indefinitely. I'm angry about cap and trade. And I've been on record for a long time on the failed war on drugs.
Gary Johnson
#33. The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
Robert C. Solomon
#34. It's a great honor that something that you took part in creating becomes this forever object.
Johnny Depp
#35. Stealing is good, honest work," Said the theif, puffing out his chest. "Well, not honest, strictly speaking," he admitted after a moment. "Or actually good.
Adam Rex
#36. The true threat to the world today comes from the mad ambitions of states and capitalists bent on destroying non-modern cultures. It is the so-called developed countries that plunder the planet's resources without showing the least concern for consequences they are incapable of foreseeing.
Rene Girard
#37. Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today.
George Noory
#38. Our most treasured family heirloom are our sweet family memories. The past is never dead, it is not even past.
William Faulkner
