And the trade deficit dropped by what, half, after 2007? You sure know how to choose your data points. So what happened after 2007 that caused the trade deficit to drop, while the budget deficit exploded? Wherein lies the greatest danger?
Idiot chile.... of course our trade deficit dropped during and after the 2007-2008 crash
These days our trade deficit is about >>> 600 billion per year so it way up there again not that you care. At its highest it was 750 billion in 2006 or so. Go check out the numbers
"Sep 8, 2011 – For the three months ending in June, the average trade deficit was $48.3" So that is about a 600 billion per year rate