What are the reasons of U.S. current account deficit?

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2007-11-17 05:33:03 · 5 answers · asked by Anonymous in Social Science ➔ Economics

It is my exam question. I need 9 reasons explained with details.

2007-11-17 05:56:31 · update #1

Uh...because for YEARS we've been spending more than we take in. (Is this a trick question? It ain't rocket science...)

2007-11-17 05:38:18 · answer #1 · answered by Anonymous · 1⤊ 0⤋

The Bush Family Crime Cartel

2007-11-17 13:35:44 · answer #2 · answered by Anonymous · 1⤊ 0⤋

Bush cutting taxes and increasing spending.

2007-11-17 13:36:19 · answer #3 · answered by Dan H 7 · 1⤊ 0⤋

Poor management and poor leadership

2007-11-17 13:36:10 · answer #4 · answered by doricescottage 3 · 1⤊ 0⤋

there is a name for the #1 problem-----his name is GEORGE BUSH

2007-11-17 13:35:58 · answer #5 · answered by Sherry L 4 · 0⤊ 0⤋