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Pete Murphy

"Well, thank goodness Israel is doing well! See what happens when some sweet sugar daddy comes in with billions in free aid?"

Exactly. Our per capita trade deficit in manufactured goods with Israel is our seventh largest, at approximately $600 for every man, woman and child in Israel. This is three times as large as our per capita deficit with China, with whom our deficit is only number 19 on our list! Not that our deficit with China isn't a problem. Rather, it's exactly what one would expect when we apply to China, a country with one fifth of the world's population, the same trade policies that were already a proven failure throughout the world.

Elaine Meinel Supkis

You are correct, Pete. Thanks for the statistics.

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