That may be true concerning countries like Japan buy our products, provide jobs here and actually operate manufacturing plants here. However it doesn't apply to countries like China. Our trading with them is almost entirely one sided. They're all too poor to buy our products, our workers would never be willing to compete with China's sweatshop wages and when was the last time China opened up a new manufacturing plant here in the states???
How is having a huge trade deficit with china possibly a good thing?
How is having a huge trade deficit with china possibly a good thing?