The trade "deficit" is a phony measurement that exists for liberals to have some reason to say the economy is bad during boomtimes because the trade deficit number is always high in a good and improving economy. Foreigners invest their money in a good American economy because it is the safest place for their money.All that investment improves the economy and provides the money with which Americans buy foreign goods. The trade "balance" measures only half of that transaction and will always show more money going out than coming in in a boom because it simply does not measure the money coming in. It torques me to no end when conservatives, otherwise apparently intelligent conservatives, insist on getting all wrought up as a result of a contrived liberal "measurment" for trashing a booming economy.
You're entitled to you opinion, but the trade deficit is not a phony stat, nor was it invented by "liberals".