Accounts Quote by Robert C. Solomon

Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own…

— John W. Snow

Meanwhile, the U.S. debt remains, as it has been since 1790, a war debt; the United States continues to spend more on its military…

— David Graeber

But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more…

— Martin Feldstein

When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national…

— Barack Obama

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

— Peter DeFazio

Americas largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the…

— Jo Ann Emerson

We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.

— Wilbur Ross

Deficits and debt threaten the growing American economy and our national security over the long term.

— Cindy Hyde-Smith

Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the…

— George Noory

This is what Donald Trump understands. This is the trade deficit. We run a trade deficit of close to $800 billion a year.

— Peter Navarro

It seems to me there are good deficits and bad deficits. Now, we have a deficit that comes from the militarization of our society…

— Anonymous

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and…

— Martin Feldstein