Soaring US budget surplus

Doug Henwood dhenwood at panix.com
Wed Jun 28 11:28:15 PDT 2000


Chris Burford wrote:


>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.

Evidently there isn't.

Doug



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