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Trade Deficits Don’t Matter Understanding Deficits Do
Saturday, March 18, 2017 21:01
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by Mark J. Perry, Carpe Diem
Donald Trump has demonstrated his profound misunderstanding of the basic economic principles of international trade for several years now, and perhaps reached a pinnacle when he told the New York Daily News in an interview last August that “we’re getting hosed by the Chinese – and that we’ve done it with our eyes wide shut“.
Source: http://econintersect.com/pages/opinion/opinion.php?post=201703182211
