Tag: SectoralBalances

  • Why the U.S. Trade Deficit Won’t Disappear

    George Campbell

    The Trade Deficit is an Arithmetic Problem, Not a Moral Failure. 📊 Politicians keep promising to “fix” the U.S. trade deficit, but they are ignoring the fundamental economic identity: Private Balance + Government Balance + Foreign Balance = 0. This isn’t a theory—it’s plumbing. You can’t run persistent government deficits and encourage consumer spending while… Read more