Free Enterprise in Three Minutes Podcast with Ray Keating
Episode #4: The Real Deal on the Trade DeficitMarch 07, 2018 Ray Keating
From the Trump White House to assorted TV talking heads, there's a lot of buzz about the evils of the U.S. trade deficit. But is a trade deficit truly bad for our economy? Ray Keating sums up why the trade deficit is not an economic negative. Keating also notes that imports aren't negatives, either. In the end, more often than not, a U.S. trade deficit signals strong U.S. economic growth. And Keating explains all of this in three minutes! Tune in and get the real deal on trade deficits.