libellule said:
"surplus" ? when US exported a lot you mean ? because if you look at the debt, it starts going up (being negative) since 1900 (with variations ofc) ... so this debt story is an ancient one and even during the "after war", USA (and others countries ofc) had a debt |
I'm talking about trade surplus/debt. Your talking about public debt (the kind the government holds as loans).
After WW2, we had a trade surplus for 40 years, but didn't always have a public surplus (meaning the government brought in more taxes than it spent).
Back from the dead, I'm afraid.