Federal Reserve Bank of Dallas
Trade deficits and the health of the U.S. economy
Remarks before the Little Rock Rotary Club, Little Rock, February 14, 2006 ; "If we create the conditions to let our private sector do what it does by its very nature--constantly adapt and reposition itself--then we have nothing to fear from competition from our trading partners, including those with whom we presently run big deficits.">
Richard W. Fisher, "Trade deficits and the health of the U.S. economy", Speech, Federal Reserve Bank of Dallas, issue Feb 14, 2006.
Keywords: Economic conditions - United States ; International trade ; Globalization ; Balance of trade
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