Soaring US budget surplus

Chris Burford cburford at gn.apc.org
Tue Jun 27 23:31:59 PDT 2000


I gather that the trend for the US government to run a budget surplus is so strong that it may be possible to pay off the national debt by 2012.

I understand the USA is still running a substantial trade deficit.

Could someone spell out if there is any relation at all between a budget surplus in the accounts of a national government and, on the other hand, a trade deficit.

Chris Burford

London



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