Trade Deficits Today, Tomorrow, Forever?
In yesterday’s Breitbart Business Digest, we examined the economists’ brief in Learning Resources v. Trump and its central error: the claim that America’s trade deficits are merely the mirror image of capital inflows—a sign of confidence rather than constraint. We showed that their accounting hides a real-world drain of domestic income offset only by debt. Today we follow that story forward: through the false hope of “intertemporal” balance , the meaning of protectionism, and the question now before the Supreme Court.
The Forever Tomorrow
The economists’ brief gestures toward intertemporal trade theory…
Read the full article at BREITBART.COM
