the last time we had double digit GDP growth in this country, 1983, was also "coincidentally" the last time we had over 80% growth in the trade deficit. in fact, strong trade deficit growth is paired with high GDP, and the only time we had negative growth is paired with a contracting trade deficit.
http://www.multpl.com/us-gdp-growth-rate/table/by-year https://www.census.gov/foreign-trade/st ... /gands.pdf so how, exactly, does this prove your point at all? please don't repeat to go read wikipedia.
it is no surprise you don't even link it: Literally not one thing in the entire part that you say to go read is itself sourced
https://en.wikipedia.org/wiki/Balance_of_trade because of this, the entire thing is worthless. might as well tell me to go read the bible when i question an assertion of how dinosaurs exists 5000 years ago
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.