So what? You said we didn't have one.
My argument is trade and federal deficits are closely linked and
Only countries with trade deficits run government deficits? Do countries with trade surpluses have federal surpluses or at least no deficits? You have any facts to back up your "theory"?
1rudeboy said my argument didnt follow
Only because it doesn't.
I should have said we used to not have one.
Im simply saying they are linked. They dont have to always be positive or negative in term of correlation. My response is its not a non-seq. argument