Skip to content

Dollar Quote by Stephen Moore

“Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.” quote by Stephen Moore
Download Open image
“Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.”

Stephen Moore

About This Quote

Source Article: Economic Policy Review, 2019

Foreign spending reduces domestic trade surplus; each dollar abroad impacts deficit.

In simple terms: Spending abroad widens trade deficit.

Key Takeaway

Limit foreign purchases to improve trade balance.

Themes

economics trade deficit

Mood

analytical concerned

Type

informational advice

When to use this quote

  • government budgeting
  • personal finance
  • import decisions

Key Concepts

macroeconomics national policy

Questions to Reflect On

  • How much of your spending is foreign?
  • What policies could balance trade?
A Different Perspective

Domestic consumption also affects deficit.

4.3 out of 5 (10 ratings)

More by Stephen Moore

Explore all 103 Stephen Moore quotes

More Dollar quotes

Browse all 284 Dollar quotes