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Trade deficits are always detrimental to their nations’ GDPs.




GenSeneca, there’s no doubt that this proposal mandates an additional restriction upon imports but it does not actually limit the volume of U.S. imports.  It certainly would eliminate all USA assessed trade deficits of goods.


The proposal mandates that all imported goods be assessed and the importer surrender Import Certificates with “face values” that cover the assessed values of their goods.  This proposal incidentally mandates nothing else of those bringing goods to or from the USA.


The proposal would certainly and significantly increase USA’s GDP.  This would in turn certainly be beneficial to the creation of jobs and to our median wage.


There doesn’t seem anything else I can add to this discussion that goes beyond my previous message, (#22).


Respectfully, Supposn


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