That analysis is too one sided. Do you know ill-iffect of too much importing..well, for once the trade deficit will be too much, which will make us dependent a lot on foreign aid, good will etc. Too much import will cause many industries to be unviable..they will close, jobs will be lost..that will have even more bad effect overall. Why is China not degrading its currency..even after US pressurinsing it to do so.. I am not an expert on this subject, but know for a fact that there has to be a balance. And free market will ensure that balance..
