Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

happyslug

(14,779 posts)
12. Yes, that is a problem for a Country with a Balance budget, growing economy and trade surplus
Wed Jul 11, 2012, 07:34 PM
Jul 2012

Russia has a trade surplus of 19.10 Billion Dollars compared to -48684.00 Trade DEFICIT for the US

Russian unemployment rate is 5.4% compared to the US's 8.20%

Russia Current Account is 42.3 Billion Dollars while the US is NEGATIVE -137 Billion Dollars

Russia GDP Annual Growth Rate was 4.90% US was 2.0%

Russia Government Debt To GDP is only 9.60%, the US is 103%

http://www.tradingeconomics.com/russia/balance-of-trade

Sorry, the above numbers are a reflection of what Russia and the US has done since 1990, the US has continued to maintain a massive Military, the Russian have cut they's to the bone. One Carrier and 10 other ships is the price a country pays for a trade surplus, balance budgets, over twice the growth, with an unemployment rate a 1/3 lower then the US.

What would the US economy be if the US military was cut to one carrier and 10 other ships? At first we would be hurting, as was Russia in the 1990s, but it would turn around and we would be booming like Russia is today.

Latest Discussions»Latest Breaking News»Russia Sending Warships o...»Reply #12