Pat Toomey (US Sen. ret.) @SenToomey
I rarely agree with @paulkrugman, but he's exactly right here: Russia shows why trade surpluses do not equal greater prosperity. The purpose of production is consumption—that applies to trade as well. We export in order to import—lots of both elevates our standard of living. — PolitiTweet.org
New York Times Opinion @nytopinion
Russia’s exports “are (alas) holding up well despite its pariah status, but its economy is being crippled by a cuto… https://t.co/Jjea25RzYJ