Episode #4: The Real Deal on the Trade Deficit
Free Enterprise in Three Minutes Podcast with Ray Keating
English - March 07, 2018 05:00 - 3 minutes - 1.46 MB - ★★★★★ - 1 ratingBusiness News Business News free enterprise economics business free markets capitalism economy ray keating Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode #3: Protectionism Sucks!
Next Episode: Episode #5: Why Some Nations Grow and Others Don’t
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.