[RoninLB]

Currently countries with trade deficits have the highest growth rates. Trade deficits and gov't spending deficits are two different things. Anti international trade ranting is a political scam that's sometimes effective as the flag waving and pro American is a strong emotional issue with voters.

At one time it usually took a country 7-10yrs of using their cheap labor to build an economic base. Not always as Mexico is a good example of economic screw ups. India and China has been out sourcing as they can't handle the entire load.. and their populations is just starting to become consumers. Illegal Mexicans is because Mexico's economy has no job opportunity for them.

Wait till the populist Boston Dems find out what country is in control of LNG Atlantic shipping to the NE US. It ain't the Arabs.

Blue collar job loss is economically doable. White collar job loss due to international out sourcing is another story and our economy has never tested that scenario.

What I think is happening now in the US is a loss of middle class job opportunity. The educated and uneducated spread seems to be growing wider. At one time around here a union construction job could support a family and a new car every few years.. not anymore.