Comment: There is a bit of a

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There is a bit of a

There is a bit of a difference.

Immigrants today often don't spend the money HERE. It is the same issue with jobs being done overseas. Immigrants' money goes home to purchase goods and services in that country.

In domestic transactions, your spending is another man's income, which becomes his spending, which becomes another man's income. But in this case, as well as the cast of a high trade deficit, your spending is the income of another man-in-China/Mexico/India/Philippines/South America.

That is the prime reason that the Federal Government has had to/has been able to run such huge deficits over the last 10+ years.

Plan for eliminating the national debt in 10-20 years:


Specific cuts; defense spending: