First explain how 25 years of trade deficits helps America. Don’t dismiss the destruction of the middle class with “NAFTA has hurt some people”. We were told that new exports would more than make up for the factories that moved out of the country. We were lied to.
Trade “deficits” (which is a stupid term by the way) exist because we have more money to buy their stuff then they have money to buy our stuff.
China and Mexico make a bunch of consumer garbage. Let them be the factories of the world
Meanwhile we create high end software and capitol goods. Not exactly cheap stuff to buy.
Until the rest of the world has the money to buy our capitol goods, we will have “Trade deficits”
Right, there is now not one single member of the middle class still alive --every last one was tortured and murdered by foreign sales clerks.