Quote:
Originally Posted by El_Zoido
In Germany we have a huge deficit too, but that's definatly because we adopted/annexed a country with a wracked ecconomy and devestated infrastructure AND the fact that we have a huge & universal healthcare/social welfare system.
And even considering that it will take even another 10-20 years to get East Germany on the same level as the west, I would be angry and amuesed about a politician who said that the defecit is no problem.
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AHA! Another good example. When the economies of East and West Germany merged it was painful for West Germany. BUT AT LEAST YOU ARE ONE NATION!
With trade between the US and China (or any other dirt poor country), it is painful for the US, but American citizens will never enjoy their economic sacrifice. And neither will the Chinese.