I don't think that word means what you think it means.
Again: Do you contend there is no relationship between our budget deficits and national debt, and our ever growing trade deficits?
There is no relationship between the budget deficit and the trade deficit.
Please ping me when you post your formula proving me wrong.
Do you believe if we produced more energy from domestic sources, and reduced imports, that it would improve our economy?
Producing more energy here would improve our economy, whether it reduced imports or not.
Lol, so, how would it improve the economy?
More jobs? That means more income and more income taxes.
More oil company profits? That means more corporate income taxes.
So, more jobs, and more tax revenue for the feds, and therefore, a reduction in the federal deficit (no matter how large or small the deficit is, a marginal increase in revenue decreases the deficit).
And, any significant increase in domestic crude production, particularly in the continental US, will reduce imports, whether or not domestic demand increased significantly. Still, we'd need lesser imports, and the greater world crude production would lower the price, whatever the supply and demand situation might be, and that lowers cost for business, and increases profits for business. And that domestic production would reduce the trade deficit by that incremental amount, and also reduce the budget deficit as long as oil producers were paying taxes.
And, your demand for a formula is as silly as are most all your posts concerning economics. From now on, you provide formulas to prove every assertion you make.
And discern means to recognize or detect or comprehend: that the budget deficit and national debt, and the trade deficits, are related. - But anyone with any knowledge of economics already knows that. But many do have political reasons for denying it.
Time for other things this afternoon.