> Actually, it is much worse than it sounds ... Increasing exports > enough to make a significant dent is not really possible -- as the > US has switched to a service-oriented economy ....
I don't want want to really disagree with the basic conclusion of the above quote, but I do want to point out that the above is a non-sequitiur. There is no theoretical reason why the US couldn't correct the trade imbalance by increasing its exports of services. JDG _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
