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But if trade deficits are not a big deal then why is George Bush overseas trying to reduce it? It seems like all the politicians and unions etc....are all getting worked up over the trade deficit. I think even Greenspan commented on it too (not sure please correct me on that).
It seems the govt. is always making China, Japan the bogeyman in trade deficit and how we must reduce it etc.
So which is it then? If it's not a bad thing, why make it a big deal?
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