Martin Feldstein Quotes

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

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 real estate to the rest of the world.

America is becoming more and more dependent upon imports from foreign manufacturers than we are exports from our country in all fields: in appliances, in clothing, even food. This year America may become for the first time in its history a net food importer.

We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export.

Nonetheless, the developing countries must be able to reap the benefits of international trade.

Don't make such a big deal out of this trade deficit…. In the United States you cannot find anybody to produce such labor-intensive products and it will be more expensive if you were to import such products from other countries and the regions than China. Only China is in the best position to produce such products, and this is also beneficial to China because this has provided job opportunities to China.

Trump will fail even in his proclaimed goal of reducing the trade deficit, which is determined by the disparity between domestic savings and investment.

One of the key drivers of Ireland's future is our balance of trade surplus.

Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

I think bolstering free trade is a boon to the dollar.

Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does not rely so heavily on the U.S. consumer.

Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.

The more competitive value of the dollar turned around the trade deficit.

By definition, by reducing our trade deficit we will be hurting consumers. Consumers are always better off with a trade deficit.

Trade never balances. It hasn’t since 1776.

The largest annual U.S. trade deficits since 1980 have been accompanied by the largest annual job-creation numbers in recent memory. The reason is simple: stronger economies tend to have stronger currencies, and the increased economic activities in these stronger economies and exchange-rate differentials lead inevitably to trade deficits

We are only 5 percent of the world's population and 20 percent of the world's economy. We have to be able to trade in order to grow.

Increased trade is crucial to a balanced plan for stimulating growth and job creation on both sides of the Atlantic.

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

We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.

The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners.

America wins when we trade and export and import.

The United States cannot achieve significant economic growth without expanding exports.