Please explain how the trade deficit - a private enterprise metric - is related to the budget deficit and the national debt - a Government metric.
Once you realize those two are completely isolated from each other (for we have had trade surpluses and trade deficits for decades, yet the national debt and the national deficit has always been) then you will understand why a trade deficit is irrelevant.
Now that comment is totally like my ex-wife: We can't be broke, we still have checks in the check book
So you're saying deficits are okay?
The whole mind-set; spend it if ya got it, borrow if you don't.... is an acceptable policy?
Borrowing and flooding the world with greenbacks is a good thing/don't matter?
Argentina anyone?
No wonder the whole country is in deep Kimpchee!!!