The US has had a trade deficit since 1975, so is the US trade deficit really such a bad thing?
In: 436
Short answer: no.
International economics are insanely complicated, so longer answer would be that it could be a problem if things changed. As it stands right now it’s not a big deal.
It basically means we’re spending more than we’re making for trade, but it’s not like we aren’t getting stuff. I have a personal 100% trade deficit with my local grocery store. I only ever give them money but I get food in exchange.
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